Geomembranes Market 2017: Research, Growth, Demand, Type, Trends, Analysis and Global Industry Forecast 2024.
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.Global Geomembranes Market 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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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. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Global Geomembranes Market – Competitive 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.
Global Geomembranes Market – Major Market Competitors:
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.
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