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Based on raw material, the HDPE raw material segment of the geocells market is projected to grow at the highest CAGR during the forecast period. This raw material has garnered industry-wide acceptance for their performance and outstanding characteristics such as chemical resistance, aging resistance from powerful stresses of weather, ultraviolet protection, high durability, and inherent flexibility.
Based on application, the load support segment is estimated to account for the largest share of the geocells market in 2017, owing to its large sub-applications under the load support segment. Geocells are used in highways, paved and unpaved roads, temporary work surfaces, conventional and heavy-duty pavements, and access roads over coastal marshes, container yards, quarry side structures, platforms, and truck terminals. The usage of geocells also provides a structure or an area with improved road surface quality, increases the safety of the roads, and reduces the frequency of costly and disruptive road maintenance.
The market for the global dry construction industry has seen an extensive upward surge since 2009. The global dry construction market is projected to reach USD 79.08 Billion by 2020, with a CAGR of 5.3% during the forecast period, (2015 to 2020).
The global decorative concrete market was valued at USD 8.77 Billion in 2016, and is projected to reach USD 12.78 Billion by 2022, at a CAGR of 6.66%. The base year considered for the study is 2016, with the market size projected from 2017 to 2022. The primary objective of the study is to define, segment, and project the decorative concrete market size on the basis of type, application, end-use sector, and region. The study also aims at strategically analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). In addition to this, the study analyzes competitive developments such as acquisitions, expansions, and new product launches in the decorative concrete market.
