/PRNewswire/ The construction fabrics market is expected to grow by USD 912.84 million from 2022 to 2027, progressing at a CAGR of 4.3% as per the latest.
The geosynthetics market in South Asia is estimated to be valued at more than US$ 800 Mn, pegged at 544.3 Mn meter square in terms of volume, by 2017 end.
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Amid the COVID-19 crisis, the global market for Geotextile Tubes estimated at US$ 2.2 Billion in the year 2020, is projected to reach a revised size of US$ 4 Billion by 2027, growing at a CAGR of 8.7% over the period 2020-2027.
Woven, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$ 3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Woven segment is readjusted to a revised 7.9% CAGR for the next 7-year period.