Increasing Demand for Water & Waste Management to Boost Geomembranes Market Through 2025, Reveals MarketsandMarkets™

Increasing Demand for Water & Waste Management to Boost Geomembranes Market Through 2025, Reveals MarketsandMarkets™

“Browse 101 market data Tables and 31 Figures spread through 135 Pages and in-depth TOC on “Geomembranes Market”
Geomembranes Market by Type (HDPE, LDPE & LLDPE, PVC, EPDM, PP, Others), Manufacturing Process (Extrusion, Calendering, Others), Application (Mining, Waste Management, Water Management, Civil Construction, Others), and Region

The global geomembranes market size is expected to grow from USD 2.1 billion in 2020 to USD 3.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.3%. The major driving factors are increasing mining activities in APAC and South America and the growing concerns about waste and water management activities.   

The recent COVID-19 pandemic is expected to impact the global economy. COVID-19 led the industrial sector into an unknown operating environment, globally. Government restrictions regarding lockdown have severely impacted the mining and construction industries. Logistical constraints, manpower shortages, and government restrictions have forced these industries to close down, hence, disrupting industrial activities. Major economies such as the US, China, India, and others face the brunt of the COVID-19 pandemic.  

Get an Exclusive PDF Sample Copy of This Report at  

HDPE membranes are the fastest-growing type segment and are likely to lead the market in terms of value between 2020 and 2025. These membranes are chemical resistance, UV resistance, and aging resistant, and have long-term durability, high stability, and excellent flexibility. HDPE membrane’s outstanding properties combined with low cost and easy availability are expected to help the high growth during the forecast period.  

Waste management is the fastest-growing application of the geomembranes market owing to the increasing environmental concerns. Geomembrane liners protect the groundwater, a geomembrane cap contains landfill gas and covers prevent evaporation or contamination of valuable resources such as potable water and prevents odor emission. PVC geomembranes are the most suitable for this application due to their high elongation and durability. An increasing amount of municipal as well as industrial waste is the major factor leading to the highest growth rate in the market.  

Request Customized Report as Per Your Requirements at 

The major geomembranes vendors 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), Carthage Mills (US), Environmental Protection (US), Geofabrics (Australia), Geosynthetics Limited (UK), Ginegar Plastic Products (Israel), Global Synthetics (Australia), Layfield Group (Canada), CETCO (US), Nilex (Canada), SOTRAFA (Spain), SOPREMA (France), Texel Industries Limited (India), Titan Environmental Containment (Canada), and US Fabrics (US). These players have adopted various growth strategies, such as investment, expansion, merger, and acquisition, to expand their presence in the geomembranes market further. Expansion and acquisitions have been the most dominating strategy adopted by major players from 2017 to 2020, which helped them broaden their production capabilities and customer base.  

Raven Industries (US) is a major player in the geomembranes market and invests strongly in strategic developments. It has adopted expansion and acquisition as its key growth strategies in the recent years.  In January 2020, the company opened a new facility in Waynesboro, Virginia. This expansion will help the company to provide a heightened level of service and faster product delivery to customers of its energy, geomembrane, and construction markets in the East Coast region of the US. 

Atarfil (Spain) is progressing in the geomembranes market by focusing on acquisition and expansion strategy. The company established its first US manufacturing & distribution facility in Suffolk, Virginia, in September 2017. Atarfil invested around USD 5.1 million for this expansion. This new facility helped the company serve the US market.

For any Queries Linked to the Report, Ask an Analyst at  

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States