Global Geomembranes Market: Overview
Growing infrastructural development across the globe, mainly associated to the construction of new roads, is promoting the geomembranes market. Geomembranes are progressively being used in road construction activities. A geomembrane acts as a barrier to the movement of fluids, water and other soluble materials, and is manufactured by using synthetic polymers that are impermeable in nature.
Geomembranes are proven to be more effective in terms of impermeability than the other traditional products, namely asphalt, concrete, and compacted clay. Geomembranes are also used in strengthening of weak soil by holding them together, thus increasing the life span of roads.
Geomembranes are planar sheets made of less permeable or impermeable materials. Geomembranes are served in different gauges and quality in the global market. They are widely used in water containment and base lining applications.
Geomembranes are generally made of high-density polyethylene (HDPE) or linear low-density polyethylene (LLDPE). Moreover, geomembranes with their wide functionalities, such as exceptional ability to withstand high temperature range, weatherability, chemical resistance, low permeability, UV resistance, high tear, and puncture resistance, are used in a wide-ranging applications including mining, and waste management, among others.
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Global Geomembranes Market: Dynamics
The global geomembranes market is expected to grow at a high rate in the near future. Increasing awareness regarding water conservation in the construction and manufacturing sectors on a global level is expected to promote the importance of geomembranes as a containment solution over the next coming years.
Moreover, increasing technological developments such as new arc equipment in which geomembrane is used for leakage detection by TRI Environmental is expected to create new opportunities for the manufacturers of geomembranes for product innovation in the near future.
Furthermore, Conley incorporated TPO in geomembranes to cover solar PV panels. As a result, the usage of the TPO-based products in solar PV panels is projected to force other consumers in the solar industry to include the geosynthetic materials over the next comming years.
The increasing practice of geosynthetic clay liner in the landfill and lining systems is likely to pose a substitution threat to the geomembranes market. Additionally, rising demand for bituminous membrane in landfill and waterproofing is proposed to reduce the applications of geomembranes over the forecast period.
Global Geomembranes Market
Key Participants
Examples of some of the key participants of the global geomembranes market are:
- Plastika Kritis S.A.
- Solmax International, Inc.
- Agru America, Inc.
- Firestone Building Products Company, LLC
- Carlisle Syntec Systems
- GSE Environmental, LLC
- Officine Maccaferri S.P.A
- Colorado Lining International, Inc.
- Atarfil Sl
- Naue GmbH & Co. Kg
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Global Geomembranes Market: Segmentation
The global geomembranes market can be segmented based on raw materials, manufacturing processes, applications and regions.
By raw material, the global geomembranes market is segmented as:
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE) & Linear Low-Density Polyethylene (LLDPE)
- Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Monomer (EPDM)
- Polypropylene (PP)
- Others
By manufacturing process, the global geomembranes market is segmented as:
- Blown Film
- Calendering
- Others
By application, the global geomembranes market is segmented as:
- Waste Management
- Mining
- Water Management
- Tunnel Lining
- Others