LONDON, March 27, 2017 /PRNewswire/ -- "The growing
use of geomembranes in waste management applications is a key
factor in the growth of the geomembranes market"
The global geomembranes market (2016–2021) is projected to reach
USD 3.41 billion by 2021, at a CAGR
of 9.2% from 2016 to 2021. The growth of the market can be
attributed to the increasing adoption of geomembranes in waste
management applications such as landfill liners. As the other waste
management techniques such as source reduction and recycling cannot
eliminate the waste generated, landfill is the only cost-effective
and eco-friendly method that can be used for waste disposal.
"The mining application is expected to be the fastest-growing
application segment in the geomembranes market"
The mining application is expected to be the fastest-growing
application segment, in terms of volume & value in the
geomembranes market. Geomembranes are being rapidly adopted in the
mining application, as they possess outstanding functionalities
such as excellent chemical resistance, elevated temperature range,
low permeability, weatherability, UV resistance, and high tear and
puncture resistance. These functionalities make it suitable for a
wide range of applications, such as evaporation ponds, tailings
dams, solution ponds, treatment lagoons, heap leach pads, mine
closure & capping, and brine ponds. Geomembranes help in the
containment and recovery of leaching solutions which are strong
acids. Thus, they not only protect the environment but also assist
in reducing the contamination of underground water.
"The rising demand from various applications is expected to
drive the geomembranes market in Asia-Pacific"
The Asia-Pacific region is
expected to be the fastest-growing geomembranes market, in terms of
value and volume. The emerging economies in the region with rapidly
growing infrastructure are expected to lead to the high growth of
the geomembranes market. Stringent environmental regulations are
also leading to the increasing usage of geomembranes in this
region. China, Australia, India, Thailand, and Indonesia are the key markets for geomembranes
in the Asia-Pacific region.
In the process of determining and verifying the market size for
several segments and subsegments gathered through secondary
research, extensive primary interviews were conducted.
The breakdown of primary interviews is given below.
- By Company Type - Tier 1 - 40%, Tier 2 – 40%, and Tier 3 -
20%
- By Designation - C level - 10%, Director level - 50%, and Others
– 40%
- By Region - Asia-Pacific - 45%,
North America - 25%, Europe - 20%, the Middle East & Africa - 6%, and South America - 4%
The key companies profiled in this market research report are, GSE
Environmental, LLC (U.S.), Solmax International, Inc. (Canada), Agru America, Inc. (U.S.), Atarfil SL
(Spain), NAUE GmbH & Co. KG
(Germany) , Officine Maccaferri
S.p.A (Italy), Colorado Lining
International, Inc. (U.S.), Plastika Kritis S.A. (Greece), Firestone Building Products Company,
LLC (U.S.), and Carlisle SynTec Systems (U.S.)
Research Coverage
This report covers the geomembranes market, in terms of value as
well as volume, and forecasts the market size till 2021. The report
includes the market segmentation based on raw material (HDPE, LDPE
& LLDPE, PVC, EPDM, PP, and others), application (waste
management, mining, water management, tunnel lining, and others),
manufacturing method (blown film, calendering, and others), and
region (Asia-Pacific, Europe, North
America, the Middle East
& Africa, and South America). The regions have been further
segmented based on key countries into the U.S., Canada, Mexico, Germany, the U.K., France, Spain, Italy,
Turkey, China, Australia, Thailand, Indonesia, India, Saudi
Arabia, South Africa,
U.A.E., Brazil, and Chile. The report also provides company
profiles and competitive strategies adopted by the key players in
the geomembranes market.
The report will help the market leaders/new entrants in this
market in the following ways:
1. This report segments the geomembranes market comprehensively and
provides the closest approximations of the revenues for the overall
market and the subsegments across the different verticals and
regions.
2. It will help stakeholders understand the pulse of the market and
provide them information on key market drivers, restraints,
challenges, and opportunities.
3. It will help stakeholders understand the competitors and gain
more insights to better their positions in the business. The
competitive landscape section includes new product launches,
agreements, expansions, and mergers & acquisitions.
Download the full report:
https://www.reportbuyer.com/product/4794251/
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