Geocomposite Market Size Worth USD 1,166.3 Million By 2028
Market Overview The global geocomposite market reached a value of USD 492.1 Million in 2020 and is projected to achieve USD 1,166.3 Million by 2028, exhibiting a compound annual growth rate (CAGR) of 11.2%. Geocomposite materials involve the strategic combination of various materials to address diverse applications optimally while minimizing costs. Geocomposites enhance the benefit-to-cost ratio and are typically planar sheets composed of composite materials, including geosynthetic components like geotextiles, geogrids, geonets, geomembranes, and more.