Update date: Aug 11, 2026 | 290 Pages | Report ID: M-AM-012241
Geotextile Market
DMA IntelligenceGeotextile Future Growth Trends & Forecast Analysis 2033
Segments: Product Type (Woven Geotextiles, Non-Woven Geotextiles, Knitted Geotextiles, Others), Material (Polypropylene, Polyester, Polyethylene, Others), Application (Road Construction and Pavement Repair, Erosion Control, Drainage, Railway Construction, Agriculture, Others), End-Use Industry (Construction, Transportation, Environmental, Agriculture, Others), By Region, And Segment Forecasts
$10700.0M
Market Size, 2025
$11577.4M
Market Estimate, 2026
$20100.3M
Market Forecast, 2033
8.2%
CAGR, 2026–2033
Geotextile Market Size, Share & Key Insights
The Geotextile Market size was valued at USD 10.70 in 2025, and the market is projected to grow from USD 11.58 in 2026 to USD 20.10 by 2033, growing at a CAGR of 8.2%% during the forecast period 2026–2033. North America, Europe, APAC, Latin America, MEA led the global market in 2025.
Study Overview
 Study Period | 2021 - 2033 |
 Base Year | 2025 |
 Estimated Year | 2026 |
 Forecast Period | 2026-2033 |
 Historical Range | 2021-2025 |
| Units | USD Million |
 Coverage | Global | North America, Europe, Asia-Pacific, Latin America, Middle East & Africa |
 Deliverables | PDF + Excel Data Pack |
Major Market Players
Key Takeaways: Geotextile Market
- In 2025, the global Geotextile market size was estimated to be USD 10,700 Million.
- Projected to grow at a 8.2% CAGR, reaching a valuation of USD 20,052.19 Million by 2033.
- The Non-Woven Geotextiles category accounted for the highest market share of 45% within the Product Type segment.
- Woven Geotextiles captured a substantial 35% of the total revenue in 2025.
- Regionally, Asia Pacific emerged as the top market, generating USD 4280 Million and securing a 40% share.
- Primary market growth drivers include increasing infrastructure development, stringent environmental regulations, and technological advancements.
- Key industry player Koninklijke Ten Cate bv strengthened its market position via strategic product innovation and global expansion efforts.
Market Definiton and Strategic Context
The Geotextile Market refers to the industry encompassing the manufacturing, distribution, and application of permeable fabrics used in conjunction with soil, rock, or earth as an integral part of a man-made project, structure, or system. These materials are primarily used in civil engineering and construction applications for functions such as separation, filtration, reinforcement, protection, and drainage. The global Geotextile market size was estimated at USD 10,700 Million in 2025, reflecting its critical role in modern infrastructure development and environmental protection projects worldwide. The market is driven by increasing investments in infrastructure, growing awareness of environmental protection, and the rising demand for sustainable construction materials. The growth outlook for the Geotextile market remains robust, with significant industry expansion anticipated across various end-use sectors. As developing economies continue their urbanization efforts and developed nations focus on maintaining and upgrading existing infrastructure, the demand for high-performance geotextiles is set to grow. The market forecast indicates a substantial increase in valuation, propelled by technological advancements in material science and manufacturing processes, leading to more durable and efficient geotextile products. These materials offer cost-effective and long-lasting solutions compared to traditional construction methods, contributing to the overall resilience and longevity of civil engineering projects. The industry's expansion is further supported by stringent environmental regulations promoting responsible land use and waste management, where geotextiles play a crucial role in containment and erosion control. The consistent innovation in product design and application techniques also contributes to the market's positive trajectory, ensuring its continued relevance in addressing complex engineering challenges.
| Report Attribute | Details |
|---|---|
| Market size value in 2025 | USD 10,700.00 Million |
| Revenue forecast in 2033 | USD 20,100.27 Million |
| Growth rate | CAGR of 8.2% from 2025 to 2033 |
| Actual data | 2021 - 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD Million and CAGR from 2025 to 2033 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | Product Type, Material, Application, End-Use Industry |
| Regional scope | North America; Europe; Asia Pacific; Rest of Asia Pacific; Latin America; Middle East & Africa |
| Country scope | United States; Canada; Germany; France; Italy; United Kingdom; Spain; Russia; Rest of Europe; China; Japan; South Korea; India; Australia; South East Asia (SEA; All; Mexico; Brazil; Rest of Latin America; Saudi Arabia; South Africa; United Arab Emirates; Rest of Middle East & Africa |
| Key companies profiled | Koninklijke Ten Cate bv; Fibertex Nonwovens A/S; GSE Environmental; NAUE GmbH & Co. KG; TYPAR Geosynthetics; Propex Operating Company, LLC; HUESKER Synthetic GmbH; Tensar International Corporation; Officine Maccaferri S.p.A.; Low & Bonar PLC; SKAPS Industries; Strata Systems, Inc.; Tenax Group; Global Synthetics; Kaytech Engineered Fabrics; Bonar Technical Fabrics; Terram Geosynthetics; ACE Geosynthetics; Mattex Geosynthetics; Asahi Kasei Advance Corporation |
| Customization scope | Free report customization (equivalent to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Growth Catalysts & Market Constraints
The Geotextile market is experiencing dynamic shifts influenced by a confluence of accelerating growth factors and persistent challenges. The industry's trajectory is largely shaped by global infrastructure spending, environmental conservation mandates, and material innovation, all contributing to a robust Geotextile market size and growth forecast. Demand continues to rise from both developed and emerging economies, driven by urbanization and the need for resilient civil engineering solutions. However, economic volatilities, raw material price fluctuations, and regulatory complexities present notable constraints that necessitate strategic adaptation from industry players. Understanding these interwoven dynamics is crucial for navigating the evolving landscape and capitalizing on emerging opportunities within the Geotextile market.
Growth Drivers
- The escalating global investment in infrastructure development, particularly in road, railway, and port construction, is a primary driver for the Geotextile market. Governments and private entities are increasingly recognizing the long-term benefits of geotextiles in enhancing structural integrity, reducing maintenance costs, and extending the lifespan of critical infrastructure projects, thereby stimulating demand significantly.
- Growing environmental concerns and stricter regulations regarding erosion control, waste management, and sustainable construction practices are compelling industries to adopt geotextile solutions. These materials offer effective and environmentally friendly ways to prevent soil degradation, manage drainage, and line landfills, aligning with global efforts towards ecological preservation and sustainable development.
Restraints
- High initial investment costs associated with advanced geotextile products and their installation can deter smaller projects or budget-constrained governmental agencies from adoption. While offering long-term benefits, the upfront expenditure poses a significant barrier, particularly in price-sensitive markets, limiting the overall market penetration of premium solutions.
- Fluctuations in raw material prices, particularly for polymers like polypropylene and polyester, directly impact the manufacturing cost of geotextiles, leading to unpredictable pricing and reduced profit margins for producers. This volatility creates supply chain uncertainties and can hinder long-term planning and investment in capacity expansion.
Opportunities
- The expansion of geotextile applications into new sectors such as agriculture (for soil stabilization and irrigation), mining (for tailing ponds and heap leach pads), and coastal protection offers significant growth opportunities. Diversification of product portfolios to cater to these specialized needs can unlock untapped revenue streams and expand the market's reach.
- Technological advancements in biodegradable and smart geotextiles, incorporating sensors for real-time monitoring of soil conditions or structural integrity, present innovative avenues for market growth. These high-value, sustainable solutions can command premium pricing and address complex engineering challenges with enhanced efficiency and reduced environmental impact.
Challenges
- Lack of standardized quality control and testing methods across different regions and manufacturers poses a challenge to market credibility and consumer trust. Inconsistent product performance can lead to project failures, increased liability, and a reluctance among engineers to fully adopt geotextile solutions, impacting overall market growth.
- The availability of cheaper, lower-quality substitutes, particularly from unorganized local manufacturers, creates intense price competition, exerting downward pressure on profit margins for established players. This commoditization challenge necessitates continuous innovation and differentiation to justify premium pricing and maintain market share.
Market Level Breakdown
The Geotextile market is segmented by Product Type, encompassing Woven, Non-Woven, Knitted, and other specialized geotextiles. Non-Woven geotextiles held the largest share in 2025, primarily due to their versatility in filtration and separation applications, offering excellent permeability and cushioning properties crucial for drainage systems and protective layers. Woven geotextiles, known for their high tensile strength, are predominantly utilized in reinforcement and stabilization applications, particularly in road and railway construction. Knitted geotextiles, while smaller in market share, are gaining traction for their unique flexibility and conformability in specific erosion control and landscaping projects. This product type segmentation highlights the diverse functional requirements met by different geotextile constructions.
In terms of Material, the market is categorized into polypropylene, polyester, polyethylene, and natural fibers. Polypropylene geotextiles dominate the market owing to their cost-effectiveness, chemical resistance, and ease of manufacturing, making them suitable for a wide array of civil engineering applications. Polyester geotextiles are preferred for their superior strength, creep resistance, and durability, especially in long-term reinforcement projects. Polyethylene-based geotextiles are used in specific applications requiring high impermeability or low friction, while natural fiber geotextiles, though a niche segment, are emerging due to growing environmental consciousness and demand for biodegradable solutions, particularly in temporary erosion control and revegetation efforts. Understanding the material composition is crucial for the Geotextile segmentation and performance characteristics.
The Application segment includes road construction, erosion control, drainage systems, railway construction, landfill and waste management, and other applications like coastal protection and sports fields. Road construction accounts for the largest share, driven by extensive global infrastructure development where geotextiles are indispensable for subgrade stabilization, separation, and drainage, enhancing pavement life and performance. Erosion control represents another significant application, crucial for preventing soil loss on slopes, riverbanks, and coastal areas. Drainage systems utilize geotextiles for filtration and channeling water effectively, preventing clogging and ensuring long-term functionality. The growing demand for effective waste management solutions also boosts the use of geotextiles in landfill liners and caps. This diverse application base underscores the broad utility and market taxonomy of geotextiles.
The End-Use Industry segmentation covers infrastructure development, environmental engineering, building and construction, agriculture, and mining. Infrastructure development remains the paramount end-use sector, encompassing massive public and private projects that rely heavily on geotextiles for stability and longevity. Environmental engineering applications, such as hazardous waste containment, wastewater treatment, and flood protection, are rapidly expanding due to increasing regulatory pressures and ecological awareness. The building and construction industry utilizes geotextiles in foundations, retaining walls, and landscaping. Emerging uses in agriculture for soil reinforcement and irrigation, and in mining for tailing dam construction and erosion control, further diversify the Geotextile market's reach, highlighting its adaptability across various industrial needs.
Geotextile Segmentation Breakdown
- Product Type
- Woven Geotextiles
- Non-Woven Geotextiles
- Knitted Geotextiles
- Others
- Material
- Polypropylene
- Polyester
- Polyethylene
- Others
- Application
- Road Construction and Pavement Repair
- Erosion Control
- Drainage
- Railway Construction
- Agriculture
- Others
- End-Use Industry
- Construction
- Transportation
- Environmental
- Agriculture
- Others
Geographic Performance & Regional Trends
Geographically, the Asia Pacific region emerged as the largest market for Geotextiles in 2025, capturing a significant 40% share of the global market. This dominance is primarily attributable to massive infrastructure development projects, rapid urbanization, and increasing investments in road, railway, and port expansion across countries like China and India. Furthermore, stringent environmental regulations in Japan and South Korea are driving the adoption of geotextiles for erosion control and waste management. The region is also projected to be the fastest-growing market, demonstrating robust Geotextile market growth due to sustained economic development and increasing awareness of the benefits of geosynthetic materials in construction and environmental engineering.
Regional Growth Drivers
- North America: Significant government spending on upgrading aging infrastructure, coupled with a strong focus on environmental protection and disaster resilience, drives the demand for geotextiles. The United States and Canada are investing heavily in road repairs, coastal protection, and landfill projects, where geotextiles provide crucial reinforcement, filtration, and drainage solutions to ensure longevity and stability.
- Europe: Stringent environmental regulations and a strong emphasis on sustainable construction practices are key drivers. Countries like Germany, the United Kingdom, and France are adopting geotextiles for advanced drainage systems, erosion control in agricultural lands, and for enhancing the performance of railway tracks. Investment in green infrastructure projects further bolsters regional growth.
- Asia Pacific: Rapid urbanization, industrialization, and extensive infrastructure development initiatives, particularly in emerging economies like China, India, and Southeast Asia, fuel the demand. Large-scale projects in road networks, high-speed railways, and smart city developments necessitate high volumes of geotextiles for soil stabilization, separation, and reinforcement, driving substantial market expansion.
- Latin America: Increasing investment in mining, agriculture, and transportation infrastructure projects contributes to market growth. Countries such as Brazil and Mexico are utilizing geotextiles for erosion control on slopes, reinforcing unpaved roads, and for lining ponds in agricultural and mining operations, aiming for cost-effective and durable engineering solutions.
- Middle East & Africa: Diversification of economies away from oil, coupled with significant investments in new city developments, tourism infrastructure, and water management projects, drives geotextile adoption. Nations like Saudi Arabia and the United Arab Emirates are employing these materials for desert greening, coastal protection, and in the construction of robust transport networks.
The regional Geotextile market forecast indicates a continued divergence in growth trajectories. While mature markets in North America and Europe will experience steady growth driven by maintenance, replacement, and regulatory compliance, emerging economies in Asia Pacific and parts of Latin America and MEA are poised for exponential expansion. This is due to greenfield infrastructure projects and increasing adoption rates. Suppliers must strategically tailor their product offerings and distribution networks to cater to the specific needs of these diverse regional markets, focusing on cost-efficiency and basic functionalities in developing regions, while emphasizing advanced, high-performance, and sustainable solutions in more mature markets.
Competitive Insights & Leading Companies
The Geotextile competitive landscape is characterized by a moderately consolidated structure, with a mix of large multinational corporations and numerous regional players. The market is dominated by a few key players that possess extensive global presence, diversified product portfolios, and strong R&D capabilities. These industry leaders leverage their established brand reputation, vast distribution networks, and technological expertise to maintain their competitive edge. However, the presence of various local manufacturers, especially in emerging economies, contributes to a fragmented competitive scenario at regional levels, often competing on price and localized product offerings. Key competitive levers in this market include product innovation, focusing on developing high-performance and sustainable geotextile solutions, and maintaining robust supply chain efficiency. Regulatory approvals and certifications play a crucial role, particularly for specialized applications, ensuring product quality and compliance with international standards. Additionally, strategic partnerships with civil engineering firms and government agencies are vital for securing large-scale infrastructure projects and expanding market reach.
Companies in the Geotextile market are employing a range of strategies to enhance their market position and foster differentiation. Mergers and acquisitions are common, allowing firms to consolidate market share, expand geographical footprint, and integrate new technologies or product lines. For instance, acquiring smaller, specialized manufacturers can provide access to niche markets or advanced material expertise. Product launches focusing on eco-friendly, biodegradable, or smart geotextiles with integrated sensing capabilities are key differentiation strategies, appealing to the growing demand for sustainable and high-tech solutions. R&D investments are critical for developing innovative materials and manufacturing processes that offer superior performance characteristics, such as enhanced durability, filtration efficiency, or UV resistance. Localization strategies, including setting up manufacturing facilities in high-growth regions, help companies reduce logistical costs and cater more effectively to regional market demands. However, the industry faces challenges such as margin pressure due to fluctuating raw material prices and intense competition, demanding continuous operational efficiency improvements. Compliance costs related to environmental and quality standards also pose a significant burden, especially for smaller players. Effective differentiation is achieved through not just product features but also comprehensive technical support, application expertise, and tailored customer service, which build long-term client relationships and foster brand loyalty in the Geotextile key players market.
Geotextile Key Companies
- Koninklijke Ten Cate bv
- Fibertex Nonwovens A/S
- GSE Environmental
- NAUE GmbH & Co. KG
- TYPAR Geosynthetics
- Propex Operating Company, LLC
- HUESKER Synthetic GmbH
- Tensar International Corporation
- Officine Maccaferri S.p.A.
- Low & Bonar PLC
- SKAPS Industries
- Strata Systems, Inc.
- Tenax Group
- Global Synthetics
- Kaytech Engineered Fabrics
- Bonar Technical Fabrics
- Terram Geosynthetics
- ACE Geosynthetics
- Mattex Geosynthetics
- Asahi Kasei Advance Corporation
Geotextile Market Ecosystem
Ecosystem Participants
- Raw Material Suppliers — provide essential polymers such as polypropylene, polyester, and polyethylene, which form the base of geotextile production. Their role is critical in ensuring a consistent supply of high-quality materials at competitive prices, directly impacting the final product's cost and performance. Fluctuations in polymer prices often ripple through the entire value chain.
- These suppliers manage the initial stages of the supply chain, converting crude oil or other chemical feedstocks into the specific polymer grades required by geotextile manufacturers, impacting both cost and sustainability metrics.
- Geotextile Manufacturers — specialize in converting raw polymers into various types of geotextiles, including woven, non-woven, and knitted fabrics, using advanced extrusion, spinning, and bonding technologies. They are responsible for product innovation, quality control, and adherence to specific engineering standards required for diverse applications.
- Manufacturers invest heavily in R&D to develop geotextiles with enhanced properties like UV resistance, strength, and filtration capabilities, catering to the evolving demands of civil engineering and environmental projects.
- Distributors and Retailers — act as intermediaries, connecting manufacturers with end-users and project contractors. They manage inventory, logistics, and often provide technical support and product selection advice. Their extensive networks are crucial for market penetration and ensuring timely delivery to diverse project sites, from large infrastructure to smaller local works.
- These players often have regional warehouses and sales teams, playing a vital role in educating contractors on the benefits and proper application of different geotextile products, thereby facilitating adoption.
- Civil Engineering Firms and Contractors — are the primary end-users, integrating geotextiles into various construction projects such as roads, railways, landfills, and erosion control systems. Their expertise in project design and execution dictates the specific types and quantities of geotextiles required, influencing purchasing decisions and market demand.
- These firms evaluate geotextile performance, cost-effectiveness, and compliance with project specifications, often collaborating with manufacturers for customized solutions and technical guidance during complex installations.
- Government and Regulatory Bodies — establish standards, specifications, and environmental regulations for construction materials and practices. They influence the market by mandating the use of geotextiles in public infrastructure projects and promoting sustainable engineering solutions, thereby shaping market demand and product development.
- Regulatory compliance is a critical factor, as geotextile products must meet specific performance criteria and environmental certifications to be approved for use in government-funded or regulated projects, impacting market entry and competitiveness.
- Research and Development Institutions — academic institutions and private research labs contribute to material science advancements, testing protocols, and new application methodologies for geotextiles. Their work often leads to the development of innovative products, such as biodegradable or smart geotextiles, pushing the boundaries of market possibilities.
- These institutions collaborate with manufacturers to validate new product designs and explore novel applications, providing the scientific foundation for future market growth and addressing emerging engineering challenges.
Report Coverage & Key Deliverables
The report delivers a comprehensive analysis of the Geotextile, combining quantitative data with qualitative insights. It provides an in-depth examination of market dynamics, including key drivers, restraints, opportunities, and challenges, offering a holistic view of the industry's past, present, and future trajectory. Business users will find granular segmentation across product types, materials, applications, and end-use industries, enabling targeted strategic planning. The robust market forecast, spanning from 2026 to 2033, is meticulously crafted using advanced statistical models and expert industry assessments, providing reliable projections for investment decisions. Furthermore, the report includes a detailed competitive landscape, profiling leading companies and their strategic initiatives, alongside a thorough regional and country-level analysis that highlights growth hotspots and regulatory nuances. This comprehensive coverage ensures that stakeholders receive actionable intelligence to navigate market complexities, identify lucrative growth avenues, and formulate effective business strategies, making it an indispensable resource for informed decision-making in the Geotextile sector.
Report Coverage
- Market Size Estimates (historical and forecast)
- The report provides meticulously calculated market size estimations for the historical period of 2021 to 2025 and precise forecasts extending up to 2033. These estimates are derived using a robust methodology that integrates primary and secondary research, triangulating data from industry reports, company financials, and expert interviews to ensure accuracy and reliability.
- Detailed Segmentation And Revenue Analysis
- A granular breakdown of the Geotextile market by product type, material, application, and end-use industry is presented, coupled with revenue analysis for each segment. This segmentation helps identify high-growth areas and niche opportunities, providing insights into how different market components contribute to the overall industry valuation and growth.
- Regional And Country-Level Insights
- The study offers in-depth analysis of market performance across key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, as well as specific country-level data. This section contrasts market maturity, regulatory environments, and growth drivers across geographies, enabling strategic regional expansion and investment decisions.
- Competitive Benchmarking Of Key Players
- A comprehensive competitive landscape section profiles major industry participants, detailing their market strategies, product portfolios, recent developments, and financial performance. This benchmarking helps stakeholders understand the competitive intensity, identify key differentiators, and assess potential partnership or acquisition targets within the Geotextile market.
- Customization Options Based on Specific Requirements
- The report offers flexible customization options, allowing clients to tailor the scope to their specific needs, such as deeper dives into particular countries, segments, or company profiles. This ensures that the deliverables are highly relevant and directly address the unique strategic questions and informational requirements of each client, maximizing report utility.
Recent Industry Insights
The Geotextile industry has witnessed several significant developments over the last 12-18 months, reflecting a dynamic market responding to evolving infrastructure needs and environmental mandates. Key trends include a surge in strategic partnerships aimed at expanding geographic reach and product offerings, particularly in sustainable and high-performance geotextile solutions. There's also been a noticeable increase in R&D investments focused on developing biodegradable and smart geotextiles, aligning with global sustainability goals. Regulatory changes in several regions, emphasizing eco-friendly construction materials and stricter erosion control measures, have further stimulated demand. Additionally, manufacturers are increasingly adopting advanced production technologies to enhance efficiency and reduce costs, aiming to strengthen their competitive position in the Geotextile industry trends. This period has also seen a focus on expanding manufacturing capacities in Asia Pacific to cater to the booming construction sector.
Key Market Developments
- August 2024: NAUE GmbH & Co. KG launched a new line of high-strength geotextiles designed for extreme load-bearing applications in railway and road construction, enhancing infrastructure longevity.
- June 2024: Koninklijke Ten Cate bv announced a strategic partnership with a leading civil engineering firm in India to co-develop and supply specialized geotextile solutions for large-scale urban development projects.
- April 2024: Fibertex Nonwovens A/S expanded its production capacity in North America to meet the growing demand for non-woven geotextiles used in drainage and filtration applications across the region.
- January 2024: HUESKER Synthetic GmbH introduced an innovative smart geotextile embedded with sensors for real-time monitoring of soil stability and moisture content, targeting critical infrastructure protection.
- November 2023: GSE Environmental acquired a smaller specialized manufacturer in Latin America, aiming to strengthen its regional presence and diversify its product portfolio for environmental containment solutions.
Analyst Opinion
The Geotextile market exhibits a high degree of attractiveness, primarily driven by persistent global infrastructure development and increasing environmental consciousness. The demand-supply balance is currently stable, with manufacturers steadily expanding capacity to meet rising requirements from construction, environmental engineering, and other burgeoning sectors. Market attractiveness is further bolstered by the essential role geotextiles play in enhancing the longevity, stability, and cost-efficiency of civil engineering projects. While the competitive intensity is moderately consolidated at the global level, regional markets often present a more fragmented picture, characterized by intense price competition and localized product offerings. This necessitates a strategic blend of global innovation and local adaptation for companies to thrive. The consistent push for sustainable construction practices and stricter regulatory frameworks globally ensures a sustained growth trajectory for the Geotextile market outlook, making it a lucrative sector for both established players and new entrants with innovative solutions.
Looking ahead, the long-term outlook for the Geotextile market remains exceptionally positive, fueled by megatrends such as urbanization, climate change adaptation, and the circular economy. The innovation landscape is vibrant, with significant R&D efforts directed towards developing advanced materials like biodegradable polymers, recycled content geotextiles, and smart geotextiles integrated with IoT capabilities for real-time performance monitoring. These innovations promise to unlock new application areas and enhance product efficacy, thereby driving future market expansion. Key risk factors include the volatility of raw material prices, which can impact profitability, and the need for continuous education and standardization to ensure proper application and maximize product benefits. Geopolitical instabilities and economic downturns could also temporarily dampen infrastructure spending, affecting demand. However, the inherent benefits of geotextiles in providing durable and cost-effective solutions for complex engineering challenges position the market for sustained growth, with strategic implications for companies to invest in R&D, forge strong partnerships, and focus on sustainable practices to capture long-term value.