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New York, New York, May 8, 2019 (Global News)-Zion Market Research Corporation released a new report titled
. According to the report, the global
In 2018, it was about 79 million U.S. dollars, and it is expected to generate about 134 million U.S. dollars by 2026. The compound annual growth rate from 2019 to 2026 is about 6.8%.
Soil erosion is a major environmental problem on a global scale. Erosion control is a major challenge, causing billions of dollars in damage to the world. To control erosion, use erosion control pads or blankets that can be made of organic materials, synthetic materials, or a combination of the two. These blankets are made of biodegradable materials such as coconut, straw and high-quality wood. They can also be made of synthetic geotextile materials (such as polypropylene). The growing problem of soil erosion on a global scale is driving the development of the anti-corrosion blanket market. In addition, the increase in the global population, the increase in the number of deforestation activities, the ongoing infrastructure construction, construction activities, and the urbanization process have also promoted the growth of the erosion control coverage market. In addition, increasing environmental awareness and the implementation of pollution regulations have further promoted the development of the global erosion control blanket market. However, the limited supply of anti-corrosion blankets may hinder the market growth of anti-corrosion blankets. The increasing awareness of preventing soil erosion through the use of innovative technologies and the rapidly developing geotextile industry may bring new growth opportunities to the anti-corrosion blanket market.
The global anti-corrosion blanket market is divided by type and application. According to the type, the anti-corrosion blanket market includes coconut palm blankets, lean blankets, straw blankets and so on. Excelsior blankets are widely used due to their durability and biodegradable properties, so they occupied the largest market share in 2018.
According to the application, the market includes slope protection, river protection, reservoir embankment, etc. The slope protection field has the largest market share in 2018, and the embankment part of the reservoir will show the highest compound annual growth rate in the next few years.
Due to the development of infrastructure, increased attention to water quality issues and increased attention to the environment, the demand for anti-corrosion blankets to control erosion has increased. Therefore, North America has a dominant position in the global anti-corrosion blanket market in 2018, and its revenue share About 33% is degraded and deforestation is getting worse. It is expected that North America will also dominate the global anti-corrosion blanket market in the future. At the national level, the United States is the main contributor, followed by Canada. In 2018, the United States dominated the North American anti-corrosion blanket market, with the largest market share of approximately 75%.
Due to the increase in construction and mining activities, the acceleration of urbanization, the increased awareness and use of anti-corrosion blankets for slope and river protection, river embankments, etc., Europe occupied the second largest share of the global anti-corrosion blanket market in 2018. Germany, France, and the United Kingdom are the main contributors. Germany has the largest revenue share in the European anti-corrosion blanket market, at about 23%, followed by the United Kingdom. During the forecast period, the UK will achieve the highest growth due to the need for environmental pollution control and the increase in population.
Due to rapid urbanization, continuous infrastructure development, increased construction activities in developing countries such as India and China, increased deforestation, and the booming construction and mining industries, the Asia-Pacific anti-corrosion blanket market will be in the estimated time period Achieve the highest compound annual growth rate within the country. At the national level, China and Japan are the main contributors to the regional market. China had the largest revenue share in 2018, accounting for about 30%, while Japan was the second largest market. India is expected to have the highest compound annual growth rate in the future.
Latin America is a developing market for anti-corrosion blankets and is expected to grow moderately during the forecast period. Brazil is the region's major market with the largest revenue share in 2018, accounting for approximately 65%. The anti-corrosion blanket market in the Middle East and Africa will record considerable growth in the next few years.
Some of the major players in the global anti-corrosion blanket market include ABG Ltd., American Excelsior, Bonterra, Cherokee Manufacturing, Contech Engineered Solutions LLC, EastCoastErosion.com, anti-corrosion blankets, Hydroseal LLC, Hydroseeding Ltd., L&M Supply Co., Leggett & Platt ( HANES GEO COMPONENTS), NAUE GmbH & Co. KG, Nilex Inc., Propex Operating Company, Tensar International Corporation, Terrafix and Western Excelsior Corporation.
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