The global geosynthetics market is fragmented in nature due to the relatively easy manufacturing process of synthetic fibers, which has enabled the emergence of several players. Together, the top six companies accounted for 39.7% share of the global market in terms of revenue in 2014. TenCate Geosynthetics, the leader of the market in 2014, held 11.1% share. The other five prominent players are GSE Environmental, Inc., Officine Maccaferri S.p.A., NAUE Gmbh & Co. K.G, and Low & Bonar PLC. The global market for geosynthetics was valued at US$9.6 bn in 2014, and rising at a healthy CAGR of 9.1% during the forecast period of 2015–2023, it is estimated to value US$20.8 bn by the end of 2023. TenCate Geosynthetics has gained market share in recent times after the acquisition of Performance Materials Corporation Baycomp (PMC Baycomp) in 2012. Though NAUE Gmbh possessed significant and yet smaller shares in the global geosynthetics market in 2014, the company...
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