The report "Geomembranes Market by Type (HDPE, LDPE & LLDPE, PVC, EPDM, PP), Manufacturing Process (Extrusion, Calendering), Application (Mining, Waste Management, Water Management, Civil Construction), and Geography - Global Forecast to 2027", size is expected to grow from USD 2.6 billion in 2022 to USD 3.7 billion by 2027, at a CAGR of 7.6%. The growth in the market is attributed to high growth in the mining and construction industry with an increasing need for waste and water management activities.
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By type, HDPE is expected to hold the largest market size in the global geomembranes market during the forecast period
HDPE, LDPE & LLDPE, PVC, EPDM, and PP are some of the major types of geomembranes available in the market. HDPE is projected to be the largest and fastest-growing segment in terms of value during the forecast period. These membranes are cost-effective and are used widely in all regions. HDPE membranes possess excellent chemical & UV resistance and are available at an affordable cost. Their robust performance in critical applications will drive growth during the forecast period.
By application, waste management is expected to grow at the highest CAGR in the global geomembranes market during the forecast period
Mining, waste management, water management, and civil construction are some of the major applications in the geomembrane market. Waste management is estimated to be the fastest-growing application during the forecast period. Geomembranes are essential for controlling the leakage of contaminated gas and liquid into the surrounding environment. These membranes are widely used in landfill caps, landfill covers, landfill liners, temporary landfill closures, animal waste containment, and sludge treatment application due to their ability to accommodate differential settlement in the waste pile.
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APAC is expected to have the largest market share during the forecast period
By region, the geomembranes market has been segmented into APAC, Europe, North America, the Middle East & Africa, and South America. The APAC geomembranes market was the largest market in 2021. The growth in this region is primarily attributed to the enormous potential in mining, wastewater management, and infrastructural activities in the US, Canada, and Mexico. Europe North America was the second-largest market for geomembranes owing to the well-established manufacturing and construction sector of the region.
A few of the key players in the geomembranes market 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).
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 22)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKET SEGMENTATION
1.4.2 REGIONS COVERED
1.4.3 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 26)
2.1 RESEARCH DATA
FIGURE 1 GEOMEMBRANES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
FIGURE 2 GEOMEMBRANES MARKET ANALYSIS THROUGH SECONDARY RESEARCH
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 GEOMEMBRANES MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 4 GEOMEMBRANES MARKET: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 5 GEOMEMBRANES MARKET: DATA TRIANGULATION
2.4 LIMITATIONS
2.5 ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 34)
FIGURE 6 HDPE GEOMEMBRANES TO DOMINATE MARKET IN 2022
FIGURE 7 MINING APPLICATION TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 8 APAC TO BE FASTEST-GROWING GEOMEMBRANES MARKET
4 PREMIUM INSIGHTS (Page No. - 37)
4.1 ATTRACTIVE OPPORTUNITIES IN GEOMEMBRANES MARKET
FIGURE 9 HIGH GROWTH PROJECTED DURING FORECAST PERIOD
4.2 GEOMEMBRANES MARKET, BY TYPE
FIGURE 10 HDPE TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD
4.3 GEOMEMBRANES MARKET, BY APPLICATION
FIGURE 11 MINING TO DOMINATE GEOMEMBRANES APPLICATIONS MARKET
4.4 GLOBAL GEOMEMBRANES MARKET, BY COUNTRY
FIGURE 12 INDIA TO REGISTER HIGHEST CAGR
4.5 APAC: GEOMEMBRANES MARKET, BY APPLICATION AND COUNTRY, 2022
FIGURE 13 MINING SEGMENT AND CHINA TO HOLD LARGEST SHARES
5 MARKET OVERVIEW (Page No. - 40)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 DRIVERS, RESTRAINTS, AND OPPORTUNITIES IN GEOMEMBRANES MARKET
5.2.1 DRIVERS
Continued...
