Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237259230#utm_source=TWN_NL&utm_medium=NKT&utm_campaign=AugThe Geo...

Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237259230#utm_source=TWN_NL&utm_medium=NKT&utm_campaign=Aug
The Geocomposites Market was valued at USD 377.6 million in 2017 and is projected to reach USD 740.0 million by 2023, at a CAGR of 11.8% from 2018. In this study, 2017 has been considered as the base year, while the forecast period is from 2018 to 2023.

Market Dynamics
+ Drivers
Growing infrastructure activities along with supportive government policies
Environmental protection regulations

+Opportunities
Growing infrastructure in developing countries

+ Challenges
Fluctuating raw material prices

Thrace Group is one of the premium companies in the geocomposites market. The company designs, manufactures, and distributes geocomposites products, globally. It offers geocomposites products through its technical fabrics business segment. The company has operations in 11 countries and sales network in more than 80 countries. Approximately 58% of its production and 17% of sales is done in Greece and the rest in all other countries.

GSE Environmental is another major company in the geocomposites market. The company has a broad product portfolio and strong distribution network across the globe, which helps it to provide better service to customers and maintain strong brand image in the geocomposites market.