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Thursday, September 6, 2018

Geomembranes Market Trends, Size, Demand, Applications,Competitors, Geographical Analysis by 2023


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The global geomembranes market is expected to witness a growth   during the forecast period (2017-2023). Increasing expenditure towards  waste and water management programs in Germany, Russia, China  and India is anticipated to drive the market. Based on raw materials, high density polyethylene (HDPE) is expected to be the largest and fastest growing segment. Based on the manufacturing method, waste management segment is expected to propel the growth of the global market.

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Geomembranes are synthesized with the infusion of geotextiles with elastomers, asphalt or multi-layered bitumen geo-composites. It refers to synthetic membranes or liners having low permeability and are used with geotechnical engineering.

Geomembranes are categorized into high density polyethylene (HDPE), low density polyethylene (LDPE), linear low density polyethylene (LLDPE), polyvinyl chloride (PVC), ethylene propylene diene monomer (M-class) rubber (EPDM) and polypropylene (PP).

The major factor posing as a restraint to the growth of global market is fluctuating raw material prices. Additionally, high research and development cost and reduction in demand for mining and waste management applications are challenging the growth of the global geomembranes market.

Geomembranes

Geomembranes are used for mining processes such as excavation of copper, magnesium and gold in Canada and the United States. The Forum of European National Highway Research laboratories in association with the European Commission are carrying out various innovation projects towards the repair and replacement of railways, roadways and other infrastructures across Europe.

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The major companies operating in the global market are GSE Environmental, LLC, Agru America, Inc., Solmax, Nilex Inc., Carthage Mills, Inc, Officine Maccaferri S.p.A., Geofabrics Australasia, Carlisle Companies Incorporated, Juta A.S, Titan Environmental Containment and Colorado Lining International, Inc.

Market segmentation

By raw material
  • High density polyethylene (HDPE)
  • Low density polyethylene (LDPE) and linear low density polyethylene (LLDPE)
  • Polyvinyl chloride (PVC)
  • Ethylene propylene diene monomer (M-class) rubber (EPDM)
  • Polypropylene (PP)
By application
  • Waste management
  • Mining
  • Water management
  • Tunnel lining
By manufacturing process
  • Blown film
  • Calendering
By region
  • North America
    • U.S
  • Europe
    • Germany
  • Asia-Pacific
    • China
  • Middle East and Africa
  • Latin America
    • Brazil
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