Credence Research, Inc published the latest market report, “Global Erosion Control Blankets Market: Growth, Future Prospects, and Competitive Analysis, 2017 – 2030”. The Global Erosion Control Blankets Market generated revenue of around USD 108.2 million in 2022 and is anticipated to grow a CAGR of over 10.1% during the forecast period from 2023 to 2030 to reach around USD 212.2 million in 2030.
The growing issues with soil erosion worldwide drive the market for erosion control blankets. The increased use of erosion control blankets to lessen erosion brought on by rainfall or overland flow, promote vegetation, stabilize stream banks, etc. is anticipated to boost the global market for erosion control blankets in the future. Also, the market for erosion control blankets is growing due to the rising urban population, increased deforestation, ongoing infrastructure projects, development, and urbanization. The passage of pollution legislation and growing environmental consciousness enhance the global market for erosion control blankets.
The global erosion control blankets market is bifurcated into Type, Material, Erosion Control Period, Application, Price, Distribution Channel and Geography. The market is segmented into synthetic, natural, and combined based on type. The market is categorized into jute, straw, coconut fiber, and others based on material. The global market is segmented into up to 90 days, three to 12 months, 12 to 24 months, and more than 24 months based on the erosion control period. Based on application, the market is categorized into slope protection, channel protection, culvert inlets and outfalls and others. The market is categorized as low, medium and high based on price. Based on the distribution channel, the market is categorized into direct and indirect. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
North America dominated the global market for erosion control blankets in 2022 with a revenue share of nearly 33% due to rising infrastructural development, concern over water quality issues, rising environmental consciousness, and expanding deforestation. The global market for erosion control blankets is expected to continue to be dominated by North America in the future. The largest national contributor is the United States, followed by Canada. The US dominated the North American market for erosion control blankets in 2022, holding about 75% of the market.
The key drivers for the growth of the market are the increasing construction activities worldwide and the need for effective methods to control soil erosion. Construction activities lead to land disturbance, which can result in significant soil erosion if left unchecked. Erosion control blankets are an effective measure to control this problem and are therefore being increasingly used in construction projects. Moreover, with the implementation of stringent environmental regulations, there is a growing demand for eco-friendly products such as erosion control blankets made of natural fibers such as straw and wood.
Why Buy This Report-
- The report provides a qualitative and quantitative analysis of the global erosion control blankets market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2018-2021, base year- 2022, and forecast period 2023-2030.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
- In-depth analysis of the global erosion control blankets market segmentation based on type, material, erosion control period, application, price and distribution channel.
- Major countries in each region with their import/export statistics
- The global erosion control blankets market report also includes analyzing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.
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