Press Release

Global Geomembranes market to be Dominated by Waste Management Sector through 2028

Global Geomembranes market is expected to grow in the forecast period 2024-2028 due to increasing demand from the waste management sector.


According to TechSci Research report, Geomembranes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global Geomembranes market is anticipated to upsurge at an impressive rate in the forecast period 2024-2028. A significant factor fueling the growth of the Global Geomembranes Market is wide employment as a component of the capping and lining systems. Additionally, to adopt waste management methods in the municipal and industrial sectors, government is supporting the usage of geomembranes through stringent legislation. Moreover, geomembrane is used as waterproofing liners within pipelines and tunnels, liners for waste conveyance canals, agriculture industry, as well as liners for solid waste landfills and primary, secondary, and tertiary waste piles which further fuels the growth of Global Geomembranes Market.

For instance, in 2021, an agreement is signed between the City of Doral and Waste Management company regarding the installation of approximately 10 acres of a geomembrane on the Southwest side of the Doral side of the Medley landfill.

Furthermore, the market is being further stimulated by growing demand from the mining, marine, and water management sectors.

However, volatility in raw material costs can slow down the market growth. Also, the availability of other substitutes can further slowdown the market growth.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Geomembranes Market" 


Global Geomembranes Market is segmented based on raw material, technology, application, and region.

Based on raw material, the market is categorized into ethylene propylene diene monomer (EPDM), high-density polyethylene (HDPE), low-density polyethylene (LDPE), and others. High-Density Polyethylene (HDPE) segment is expected to hold the largest market share in the forecast period, 2024-2028. This is due to good thermal conductivity, ease of implementation, chemical inertness, excellent durability, ultraviolet protection, and good stability.

Based on technology, the market is segmented into extrusion, calendaring, and others. The Extrusion segment is expected to hold the largest market share in the forecast period, 2024-2028. As it is widely used in rainwater harvesting, groundwater protection, building construction, and environmental protection.

Based on application, the market is fragmented into water management, marine, mining, waste management, and others. Waste Management segment is expected to hold the largest market share in the forecast period, 2024-2028. As the government encourages the use of geomembranes by enforcing strict waste management laws & policies in the municipal and industrial sectors.


Major companies operating in the global Geomembranes market are:

  • Officine Maccaferri S.p.A.
  • Solmax Inc.
  • Naue GmbH & Co. KG
  • AGRU America, Inc.
  • Atarfil, S. L.
  • Environmental Protection, Inc.
  • Seaman Corp.
  • Plastika Kritis SA
  • Nilex Inc
  • Shanghai Yingfan Engineering Material Co. Ltd


Download Free Sample Report

Customers can also request for 10% free customization on this report.

 

“Asia Pacific region is expected to grow at the highest rate during the forecast period due to rapid industrialization and urbanization. Additionally, the growing understanding of the advantages of polymer-based geomembrane in mining, water management, and construction sectors of developing nations create lucrative opportunities for market growth. Furthermore, in North America, increased shale gas output and a greater emphasis on waste management applications create huge prospects of market growth during the forecast period,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Geomembranes Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Raw Material (Ethylene Propylene Diene Monomer (EPDM), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Others), By Technology (Extrusion, Calendaring, Others), By Application (Water Management, Marine, Mining, Waste Management, Others), By Region, and Competition, has evaluated the future growth potential of Global Geomembranes Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Geomembranes Market.”


Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email:
 [email protected]
Website: 
https://www.techsciresearch.com

Relevant News