In order to understand the competitive intensity of the geotextile market, Lucintel has come up with a new report “Porter`s Five Forces Analysis in the Geotextile Market: A Deeper Look at Buyer Power”. This report has considered Michael Porter’s Five Forces model to assess and analyze all the five forces that impact the competitive environment of the geotextile market.
According to this new report, the future of the geotextile market looks promising with opportunities in the road construction and pavement, repair, erosion, drainage, railway, work, and agriculture market. The global geotextile market is expected to grow with a CAGR of 10% from 2019 to 2024. Rising demand for geotextiles due to superior properties and cost savings, high demand for geotextiles in road construction, and growing infrastructural activities in emerging economies, are the driving factors of the geotextile market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed barriers to entry, threat of substitutes, supplier power, competitive rivalry, and buyer power of the geotextile market which enables you to make confident business decisions. This report provides valuable insights on competitive scenario of geotextile market.
For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/portersfiveforcesanalysis.aspx?repid=483 or write to us at helpdesk@lucintel.com.
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