Request FREE sample PDF
Pharmacy benefit management market
Erosion Control Blankets Market Report Overview
The global erosion control blankets market size was valued at USD 0.12 billion in 2023 and is projected to grow from USD 0.13 billion in 2024 to USD 0.36 billion by 2032, exhibiting a CAGR of 10.33% during the forecast period. Asia-Pacific holds leading position in erosion control blankets market share in 2023.
The erosion control blankets market refers to the manufacturing and sale of erosion control blankets, also known as erosion control mats or erosion control nets. Geosynthetic materials used to stabilize soil and avert erosion on slopes, embankments, and other erodible places are known as erosion control blankets.
These blankets, which are primarily constructed of natural or synthetic fabrics, are intended to give temporary protection to newly planted areas as well as places undergoing construction or land development. They aid in the reduction of soil erosion caused by wind, rain, or water flow by forming a physical barrier that keeps soil in place while enabling water infiltration and vegetation growth. There are several varieties of erosion control blankets available on the market, including straw blankets, coir blankets, jute blankets, synthetic blankets, and biodegradable blankets. Each type has distinct advantages and is appropriate for a variety of applications and climatic situations.
COVID-19 Impact: Imposed Restrictions in the Economy Resulted in Decline in the Market
The global COVID-19 pandemic has been unprecedented and staggering, with the erosion control blankets market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The ongoing COVID-19 pandemic has transformed the position of the chemicals and materials sector and has hampered the expansion of the glisonite market. The execution of steps to control the virus's spread has exacerbated the issue and hampered the expansion of various sectors. Due to decreased market demand, many powder metallurgy parts and powder manufacturers have had to cut back and adapt their operations .The automobile industry's raw material constraint has harmed the powder metallurgy sector's performance and lowered demand for atomizing metal powders. However, as economies aim to restart their operations, global demand for the product is likely to rise in the coming years.
LATEST TRENDS
"The Government Regulations and Environmental Policies to Grow the Market Potentially"
Government restrictions, environmental policies, infrastructure initiatives, and technological advances in erosion control materials all have an impact on the industry. Furthermore, the growing emphasis on sustainable and eco-friendly erosion control solutions is boosting demand for biodegradable and natural fiber-based erosion control blankets.
Erosion Control Blankets Market Segmentation
- By Type
Based on type the market is classified as straw blanket, coir blanket, excelsior blanket and others.
The part straw blanket is the leading of all other types.
- By Application
Based on application the market is classified as slope protection, channel protection, reservoir embankments and others.
The part slope protection is the leading type of the application segment.
DRIVING FACTORS
"Growing Urban Population and Ongoing Infrastructure Projects is Viable to Boost the Market Growth "
The erosion control blankets market has grown steadily in recent years, owing to growing concerns about environmental preservation, land conservation, and the necessity for long-term erosion control solutions. Furthermore, important drivers boosting the market growth include increasing urbanization, increased deforestation, ongoing infrastructure projects, development, and urbanization. Pollution legislation and increased environmental consciousness boost the global market for control blankets for soil erosion.
"Rising Concerns to Curb the Soil Erosion to Multiply the Production and Market Growth"
The erosion control blankets business is currently booming. This is due to a growing understanding of the need of controlling soil erosion. The control blankets for soil erosion are an excellent method of preventing soil erosion and protecting against water damage. They are produced from a number of materials, including biodegradable materials, and can be utilized in a variety of applications.
In the following years, the market is likely to expand at a quick pace. This is because people are becoming more aware of the necessity of good erosion control techniques, as well as the growing demand for ecologically friendly products. The blankets for soil erosion control are becoming a popular alternative for both public and private sector organisations due to a variety of advantages over traditional erosion control methods.The rising usage of erosion control blankets to reduce erosion caused by rainfall or overland flow, promote vegetation, stabilise stream banks, and other purposes is expected to raise the global market in the future.
RESTRAINING FACTORS
"Several Challenges Associated with the Regulations and Permit Requirements to Restrain the Market Growth"
Many businesses, particularly transportation, construction, and well or mine site reclamation, have erosion control rules and permit requirements. Before laying down erosion control blankets, you must complete the necessary permission applications and procedures. Therefore, reduced global demand is limiting the erosion control blankets market growth.
Erosion Control Blankets Market Regional Insights
"North American Region to Dominate the Market with Rising Infrastructural Development and Environmental Consciousness"
Because of increased infrastructure development, concern about water quality issues, rising environmental consciousness, and spreading deforestation, North America will dominate the global erosion control blankets market share in 2022, with a revenue share of about more than quarter. North America is projected to continue to lead the global market in the future. The United States is the largest national contributor, followed by Canada. In 2022, the United States dominated the North American market accounting for almost 75% of the market.
KEY INDUSTRY PLAYERS
"Financial Players to Contribute Towards Expansion of Market"
The market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures. The report is an extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.
LIST OF TOP EROSION CONTROL BLANKETS COMPANIES
- Propex (U.S.A)
- Contech Engineered Solutions (U.S.A)
- American Excelsior (U.S.A)
- NAUE (Germany)
- Tensar Corporation (U.S.A)
- Western Excelsior (U.S.A)
- ABG Geosynthetics (U.K)
- L & M Supply (U.S.A)
- RMB Hydroseeding (U.K)
- Hongxiang (China)
- BonTerra (U.S.A)
- East Coast Erosion (U.S.A)
- Cherokee Manufacturing (U.S.A)
- Terrafix (U.K).
REPORT COVERAGE
The SWOT analysis and information on future developments are covered in the study.The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points.The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 0.12 Billion in 2023 |
Market Size Value By |
US$ 0.36 Billion by 2032 |
Growth Rate |
CAGR of 10.33% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Types
|
|
By End Users
|
Frequently Asked Questions
-
What value is the erosion control blankets market expected to touch by 2032?
The global erosion control blankets market size was valued at USD 0.12 billion in 2023 and is projected to grow from USD 0.13 billion in 2024 to USD 0.36 billion by 2032.
-
What CAGR is the erosion control blankets market expected to exhibit by 2032?
The erosion control blankets market is expected to exhibit a CAGR of 10.33% by 2032.
-
Which are the driving factors of the erosion control blankets market?
Growing urban population, ongoing infrastructure projects and rising concerns to curb soil erosion are driving factors of the erosion control blankets market.
-
Which are the key players functioning in the erosion control blankets market?
American Excelsior, Propex, Western Excelsior, Cherokee Manufacturing, NAUE, Hongxiang, ABG Geosynthetics, Tensar Corporation, ErosionControlBlanket, L & M Supply, Contech Engineered Solutions, Terrafix, RMB Hydroseeding, East Coast Erosion, BonTerra, are the key players functioning in the erosion control blankets market.