Geomembrane Market To Reach $3,537 Million By 2022 | Nilex Inc., Carthage Mills, NAUE GmbH & Co. KG, Officine Maccaferri S.p.A.
Get detailed COVID-19 impact analysis on the Geomembrane Market: https://www.alliedmarketresearch.com/request-for-customization/1998?reqfor=covid
Geomembranes create a barrier to movement of water, fluids, and other soluble materials, and are specifically manufactured using synthetic polymers that are impermeable in nature. These membranes have proven to be far more effective in regards to impermeability than traditional products such as concrete, asphalt, and compacted clay. They possess significant characteristics such as superior elongation, flexibility, tear & impact resistance, and water containment quality. Owing to these properties, these membranes are widely used in solid waste containment, potable water storage, mining, and water containment.
According to Eswara Prasad, Team Lead, Chemicals & Materials at Allied Market Research, “Growth in industrial sector coupled with increase in awareness about waste management are prime drivers of the global geomembrane market.”
The growth of the global geomembrane market is driven by rise in application of these membranes, owing to the development in water management technologies, and the favorable regulatory policies about waste management. This evolution in waste and water management technologies is further expected to provide lucrative growth opportunity to the market players in the near future. However, volatile raw material prices are anticipated to hamper the market growth.
Click Here to Access the Sample Report: https://www.alliedmarketresearch.com/request-sample/1998
High-density polyethylene (HDPE) is the leading raw material segment, owing to its enhanced elasticity and flexibility, ease in installation, and cost and operational advantage. The extrusion technology segment generated the highest revenue in 2015, with almost half of the total market share, followed by the calendaring segment. Geomembranes with desired thickness can be developed using the extrusion manufacturing process.
The mining application segment dominated the global market, with one-third share in 2015. In this industry, these membranes are used in drainage system, barren & processing ponds, surplus groundwater storage lagoons, caps & interlift covers, and tailings storage.
KEY FINDINGS OF THE STUDY
• In 2015, North America dominated the global market, with around one-third share, in terms of revenue.
• Low-density polyethylene (LDPE) segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 8.2% from 2016 to 2022.
• Asia-Pacific is projected to grow at the highest CAGR of 8.0%, in terms of volume.
• Water management is projected to grow at the highest CAGR of 8.2%, in terms of revenue.
• The calendaring technology segment shows the highest growth rate, in terms of revenue, registering a CAGR of 8.0%.
In 2015, North America dominated the global market, owing to the increase in adoption of geomembranes in numerous applications and favorable environmental policies regarding waste management. Furthermore, Asia-Pacific is projected to witness the highest CAGR, followed by Europe at a CAGR of 7.9% from 2016 to 2022.
Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/geomembrane-market/purchase-options
The major companies profiled in the report include GSE Environmental LLC, Agru America Inc., Solmax International Inc., Nilex Inc., Carthage Mills, NAUE GmbH & Co. KG, Officine Maccaferri S.p.A., Geofabrics Australasia Private Limited, Carlisle Syntec Systems, and Huifeng Geosynthetics.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: 1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060S
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Geomembrane Market To Reach $3,537 Million By 2022 | Nilex Inc., Carthage Mills, NAUE GmbH & Co. KG, Officine Maccaferri S.p.A. here
News-ID: 2247051 • Views: 170
More Releases from Allied Market Research
Super Absorbent Polymer Market is Set to Witness Impressive Growth | Top Players …
According to the report, the global super absorbent polymer industry generated $7.6 billion in 2019, and is projected to reach $10.8 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027. Drivers, restraints, and opportunities: Surge in popularity of diaper pants and rise in consumer awareness toward infant's hygiene drive the growth of the global super absorbent polymer market. However, volatility in raw material prices hampers the market. On
Thermochromic Pigments Market In-depth Research Covering Share Analysis, Industr …
According to the report published by Allied Market Research, the global thermochromic pigments market generated $428.3 million in 2019, and is estimated to reach $595.0 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Rise in prevalence of innovative products, inclination toward colorful stuffs among the consumers, and
Renewable Methanol Market to Register Stunning Growth | Key Players – BASF SE, …
Growing demand for sustainable energy sources, ease of availability of renewable methanol, and stringent government regulation to reduce the CO2 emission drive the growth of the global renewable methanol market. However, lack of infrastructure and high installation cost hinder the market growth. On the other hand, the conversion of industrial and agricultural wastages into renewable methanol create new opportunities for the market player in the coming years. According to the report
Europe Water Softeners Market to Exhibit Continuous Growth till 2026 | Key Playe …
According to the report published by Allied Market Research, the Europe water softeners market generated $525.2 million in 2018 and is expected to hit at $849.8 million by 2026, registering a CAGR of 6.2% from 2019 to 2026. The report provides a detailed analysis of the market size & estimations, top investment pockets, top winning strategies, drivers & opportunities, competitive scenario, and fluctuating market trends. Increase in population, rise in demand
More Releases for CAGR
Catalase Market : Research Observes Strong CAGR Development
The "Global Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024", report intends to offer a resourceful means to assess the Catalase Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Catalase Market report, titled Catalase Market, is expansive research
Citicoline Market | CAGR of 14.4%
The global Citicoline Market 2020 Report provides fine intelligence that helps market players to compete well against the tough competition on the basis of growth, sales and other various important factors. The research report lays stress on key growth opportunities and market trends apart from important market dynamics including market drivers and challenges. With the help of this report, involved parties can equip themselves to adapt along with the changes
Footwear Market : Research Observes Strong CAGR Development
The "Global Footwear Market Set for Rapid Growth, to Reach Around USD 320.44 Billion by 2023", report intends to offer a resourceful means to assess the Footwear Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Footwear Market report, titled Footwear Market, is expansive research
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020