The global geomembrane market is projected to reach $2.8 billion by 2025, at a CAGR of 5.0% during 2020-2025. The growth of geomembrane market is driven by growing awareness of environmental protection, rising concern about water pollution levels, and the growing infrastructural activities.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the geomembrane market by material type (HDPE, LDPE & LLDPE, PVC, EPDM, PP, and others), manufacturing method (extrusion, calendaring, and others), application (waste management, mining, water management, tunnel and civil construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the geomembrane market?
Q.4 What are some changing demands of customers in the geomembrane market?
Q.5 What are the new developments in the geomembrane market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this geomembrane area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this geomembrane market?
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for geomembrane monitoring systems and the growing acceptance of leak detection systems in geomembranes.
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Market Segmentation:
Based on material type, the geomembrane market is segmented into HDPE, LDPE & LLDPE, PVC, EPDM, PP, and others. The HDPE segment accounted for the largest share of the market in 2020 due to continuing demand for relatively cheaper and more durable geomembranes.
North America is expected to be the largest region over the forecast period and it is also expected to witness the highest growth over the forecast period due to strict government regulations for environment conservation and rising water infrastructure activities in the region.
Key Players in the geomembrane market are Solmax, NAUE GmbH, Atarfil, AGRU America, Raven Industries, Plastika Kritis, and Firestone Building Products.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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