Global Drainage Board Market – An Overview:
Drainage board is specialty filtration sheet, which is designed in such a way that wet object placed on the surface, and water on those object can drip or drain away. Drainage board is used for applications like terrace gardens, sports field, and construction. The global draining board market is largely influenced by green roofs trends which are environmentally practical, which will increase the demand of drainage board. Infrastructural development like Dubailand (Dubai), North-South water transfer project (China), sagarmala project (India), etc. will increase the demand for drainage board due to their feature. The growing demand for drinking water from society is increased due to increase in population. Therefore, Rainwater is harvested and utilized for the agricultural purpose with the help of the drainage board. The demand for drainage board will also increase due to its feature like lightweight, high performance, and easy to install which makes it an ideal choice for the drainage.
Global Drainage Board Market – Dynamics:
The global drainage board market is expected to grow during the forecast period; it is due to increase in some systemic farming and cultivating with the help of rainwater, which is filtered through drainage board and is harvested for future use. Increasing population and environmental destruction have caused a shortage of water for agricultural growth. Therefore, the manufacturers of drainage board are focusing on expanding the R&D capabilities to expand their product range. The introduction of new designs to increase their market share and also enhancing their distribution chain. According to the technological changes in drainage board with various material, and the increasing number of end users, will also increase the demand for drainage board. These drainage boards are fire resistant and chemically non-reactive, which will not affect the soil and water and help the plant to grow well. Drainage board is a waterproofing product which also covers twisted wire with a filter fabric to provide the drainage space which will increase the demand for drainage boards in underground electrical connection. The factor restraint the global drainage board market is regular inspection and high maintenance, especially after storms. That will affect the growth of the drainage board market in the forecast period.
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Global Drainage Board Market – Segmentation:
The global drainage board market is segmented as follows –
By product type, the global drainage board market is segmented into –
- Drainage Sheet
- Dimpled sheet
By material type, the global drainage board market is segmented into –
- Plastic
- High Density Polyethylene (HDPE)
- Polypropylene (PP)
- Metal
By application type, the global drainage board market is segmented into –
- Terrace gardens
- Basement retaining walls
- Landscape decks
- Pond filtration system
- Sports fields
- Agriculture and horticulture
By end use, the global drainage board market is segmented into –
- Mining and Landfill
- Building and Construction
- Shipping
- Others
Global Drainage Board Market – Regional Outlook:
The demand for drainage board in the Asia Pacific region is expected to grow in the forecast period, due to ongoing infrastructural development in the region will create a need for drainage board. North America drainage board market expected to remain at the top in terms of value and volume, during the forecast period. The emerging economy like China and India is expected to contribute the most in the Asia Pacific region.
Recent Developments in the Global Drainage Board Market
In August 2017, Advanced Drainage Systems, Inc. (Hilliard, Ohio, United States) had acquired DURASLOT, Inc. (South Glens Falls, New York) a manufacturer of storm water collection surface drain.
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Global Drainage Board Market – Key players:
Some of the leading players operating in the global drainage board market are as follows –
- Tensar International Ltd
- AGRU AMERICA, INC
- GSE Environmental Inc.
- GCP Applied Technologies Inc.
- Low & Bonar Plc.
- TenCate Geosynthetics
- NAUE GmbH & Co. KG
- Officine Maccaferri SpA
- Minerals Technologies Inc. (CETCO)
- AVINTIV Specialty Materials Inc
- Propex Operating Company, LLC
- Tenax Corporation
- Site Supply, Inc.
- Ovilite Industries
- Drain
- ARCAT, Inc.
- ABG Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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