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Global geomembranes market Set to Grow with CAGR of 9.4% By 2026
Posted: Sep 13, 2019
Analysis of Global Geomembranes report:
The Global geomembranes market accounted to USD 4.53 billion in 2016 growing at a CAGR of 9.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Definition:
Geomembranes refer to synthetic membranes or liners which comprises of low permeability and are utilized with geotechnical engineering in order to control fluid. These are made up with the impregnation of geotextiles with elastomers, asphalt, or multilayered bitumen geocomposites and are used in the Waste Management, Water Management, tunnel lining and Mining industries
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Leading Key players profiled in this report are:
Some of the major players operating in global geomembranes market are GSE Environmental, Atarfil SL, Solmax, NAUE GmbH & Co. KG, Agru America, Inc., Officine Maccaferri Spa, Firestone Building Products Company, Colorado Lining International, Inc., Plastika Kritis S.A., Carlisle SynTec Systems, Nilex Inc., Carthage Mills Inc., CETCO, Fiberweb India Ltd., HUESKER and ACE Geosynthesis among others.
Major Market Drivers and Restraints:
- Increasing applicability and demand of geomembranes
- Rising environmental awareness
- More of technological development
Global Geomembranes Market Segmentation:
- On the basis of raw material, global geomembranes market is segmented into high-density polyethylene (HDPE), polyvinyl chloride (PVC), low-density polyethylene (LDPE), ethylene propylene diene monomer (EPDM), polypropylene (PP) and others. The high-density polyethylene (HDPE) segment is expected to lead the market growth in the forecasting period due to well-known properties for instance, higher durability, protection from ultraviolet rays, chemical resistance, aging resistance from weather stress and many others.
- On the basis of manufacturing process, global geomembranes market is segmented into blown film, extrusion, calendaring and others.
- On the basis of application, global geomembranes market is segmented into waste management, water management, tunnel lining and mining. In 2016, waste management accounted the largest market share.
- On the basis of geography, global geomembranes market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
Company Share Analysis:
The global geomembranes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes active implantable medical devices shares for global, Europe, North America, Asia Pacific, and South America.
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The Global Geomembranes market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Geomembranes market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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