The report "Geomembranes Market by Type (HDPE, LDPE & LLDPE, PVC, EPDM, PP), Manufacturing Process (Extrusion, Calendering), Application (Mining, Waste Management, Water Management, Civil Construction), and Geography - Global Forecast to 2027", size is expected to grow from USD 2.6 billion in 2022 to USD 3.7 billion by 2027, at a CAGR) of 7.6%. The growth in the market is attributed to high growth in the mining and construction industry with an increasing need for waste and water management activities.
By type HDPE is expected to hold the largest market size in the global geomembranes market during the forecast period
HDPE, LDPE & LLDPE, PVC, EPDM, and PP are some of the major types of geomembranes available in the market. HDPE is projected to be the largest and fastest-growing segment in terms of value during the forecast period . These membranes are cost-effective and are used widely in all regions. HDPE membranes possess excellent chemical & UV resistance and are available at an affordable cost. Their robust performance in critical applications will drive the growth during forecast period.
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By application, waste management is expected to grow at the highest CAGR in the global geomembranes market during the forecast period
Mining, waste management, water management, and civil construction are some of the major applications in the geomembranes market. Waste management is estimated to be the fastest-growing application during the forecast period. Geomembranes are essential for controlling the leakage of contaminated gas and liquid into the surrounding environment. These membranes are widely used in landfill caps, landfill covers, landfill liners, temporary landfill closures, animal waste containment, and sludge treatment application due to their ability to accommodate differential settlement in the waste pile.
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APAC is expected to have the largest market share during forecast period
By region, the geomembranes market has been segmented into APAC, Europe, North America, the Middle East & Africa, and South America. The APAC geomembranes market was largest market in 2021. The growth in this region is primarily attributed to the enormous potential in mining, wastewater management, and infrastructural activities in the US, Canada, and Mexico. Europe North America was the second-largest market for geomembranes owing to the well-established manufacturing and construction sector of the region.
A few of the key players in the geomembranes market include Solmax (Canada), Raven Industries (US), AGRU (Austria), Carlisle Construction Materials LLC (US), Atarfil (Spain), PLASTIKA KRITIS (Greece), JUTA (Czech Republic), Maccaferri (Italy), Firestone Building Products (US), The NAUE group (Germany), Anhui Huifeng New Synthetic Materials (China).
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The global polymer market for waste management size is expected to reach USD 5.07 billion by 2025, according to a new report by Grand View Research, Inc.
The market is estimated to expand at a decent CAGR of 4.0% over the forecast period.
Several characteristics of polymer resins, including good welding strength, chemical resistance, and excellent low-temperature performance, in waste management processes are expected to drive the industry.
Polyvinyl Chloride (PVC) is one of the key raw materials used for manufacturing plastic-based flexible packaging materials.The demand of polyvinyl chloride is highly dependent on the construction industry, as about 60 to 70% of the global demand is for pipe, siding, fitting, fencing, windows, and other applications.
Increasing product demand from other end-use industries may result in tight raw material supply, hampering market growth.
Polypropylene and polyethylene are thermoplastic polymers used in a variety of applications.
Market Research Future Published a Half-Cooked Research Report on Global Geomembranes Market Research Report – Global Forecast to 2025Competitive Analysis:The players in the Global Geomembranes Market Growth are coming up with new technologies for manufacturing heavy duty products with higher durability.
Use of recycled materials for the production of geomembranes has aided the market players to expand their business on innovative platforms.
In January 2018, Western Canada's wastewater treatment plant (WWTP) has opted for Eqoqua's Geomembrane Technology for an odor control project.The leading players profiled by MRFR in the report on the Global Geomembranes Market are GSE Environmental, LLC (the U.S.), Atarfil SL (Spain), Carlisle SynTec Systems (the U.S.), Solmax International, Inc. (Canada), Plastika Kritis S.A. (Greece), Officine Maccaferri S.p.A (Italy), Agru America, Inc. (the U.S.), NAUE GmbH & Co. KG (Germany), Colorado Lining International, Inc. (the U.S.), Firestone Building Products Company, LLC (the U.S.), and others.Market Drivers and Restraints:The growing demand for Geomembrane due to its extensive use in construction and mining activities are majorly driving the Global Geomembranes Market.
Increasing utilization of Geomembranes at domestic level is also fueling the growth of the Global Geomembranes Market.Get Free Sample @ https://www.marketresearchfuture.com/sample_request/3216The properties of Geomembranes such as impact resistivity, tear resistivity, interface shear strength, tensile strength and elasticity have widened the application field of geomembranes, leading to the expansion of the Global Geomembranes Market.
Introduction of specially formulated geomembrane liner range that provides high chemical resistance, imperviousness, durability and corrosion protection is impacting positively on the growth of the Global Geomembranes Market.The widespread use of geomembranes to prevent water loss, to protect groundwater against seepage of pollutants and in water storage and canals are inducing high demand for geomembranes in the global market, resulting in the expansion of the global geomembrane market.
Market Segmentation:The Global Geomembranes Market has been segmented on the basis of Type, Technology, Application and End-Users.Based on Type, the Geomembranes Market is segmented into HDPE, LDPE, LLDPE, PVC, EPDM, PP, and others.Based on Technology, the Geomembranes Market is segmented into blown film, cast film, laminations and others.Based on Application, the Geomembranes Market is segmented into waste & landfills, mining, water storage, canals, oil and gas, and others.Based on End-Users, the Geomembranes Market is segmented into aquaculture, agriculture, water management, industrial packaging, petrochemicals, building and construction, and others.Browse Key Industry Insights spread across 140 pages with 47 market data tables & 12 figures & charts from the report, “Geomembranes Market Information: By Resin Type (Thermoplastic Polymers, and Elastomers), Technology (Blown Film, Calendaring, and Spread Coating), Application (Landfills, Water Management, Mining, Bioenergy Generation Plants, and Agricultural) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2025” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/geomembranes-market-3216 Market Overview:Geomembrane is a synthetic membrane barrier with very low permeability and is used to control fluid migration in human-made structures or systems.
