Raven Industries (US) and Atarfil (Spain) are Leading Players in the Geomembranes Market


Posted September 17, 2021 by white123

Geomembranes Market by Type (HDPE, LDPE & LLDPE, PVC, EPDM, PP, Others), Manufacturing Process, Application (Mining, Waste Management, Water Management, Civil Construction, Others), and Region

 
The global geomembranes market size is expected to grow from USD 2.1 billion in 2020 to USD 3.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.3%. The major driving factors are increasing mining activities in APAC and South America and the growing concerns towards waste and water management activities.

The APAC is expected to be the fastest-growing market during the forecast period. It is projected to register a CAGR of 9.6% between 2020 and 2025. Market growth in this region is primarily due to its rapidly growing population and increasing urbanization and industrialization. These factors are rapidly driving the demand for waste and water management projects in the region. Developing economies, such as India, China, South Korea, and Australia, are investing in various mining and infrastructural development projects that are also driving the market

The major geomembranes vendors 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), Carthage Mills (US), Environmental Protection (US), Geofabrics (Australia), Geosynthetics Limited (UK), Ginegar Plastic Products (Israel), Global Synthetics (Australia), Layfield Group (Canada), CETCO (US), Nilex (Canada), SOTRAFA (Spain), SOPREMA (France), Texel Industries Limited (India), Titan Environmental Containment (Canada), and US Fabrics (US). These players have adopted various growth strategies, such as investment, expansion, merger, and acquisition, to expand their presence in the geomembranes market further. Expansion and acquisitions have been the most dominating strategy adopted by major players from 2017 to 2020, which helped them broaden their production capabilities and customer base.

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Raven Industries (US) is a major player in the geomembranes market and invests strongly in strategic developments. It has adopted expansion and acquisition as its key growth strategies in the recent years. In January 2020, the company opened a new facility in Waynesboro, Virginia. This expansion will help the company to provide a heightened level of service and faster product delivery to customers of its energy, geomembrane, and construction markets in the East Coast region of the US.

Atarfil (Spain) is progressing in the geomembranes market by focusing on acquisition and expansion strategy. The company established its first US manufacturing & distribution facility in Suffolk, Virginia, in September 2017. Atarfil invested around USD 5.1 million for this expansion. This new facility helped the company serve the US market.

Solmax (Canada) is a leading geomembranes manufacturer. The company aims to become the global expert in geosynthetics for the environmental containment and civil engineering markets. The company emphasizes the development of innovative products that are more reliable, stronger, resistant to contaminants, and affordable, even in developing countries.

AGRU (Austria) is a leading geomembranes manufacturer, boasting a wide product portfolio and application-oriented solutions. It has a global presence and serves various industries through its lining systems product group. It also has a strong sales networks which helps the company supply products in more than 150 countries.
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Issued By Markets and Markets
Country United States
Categories Business , Construction
Tags Geomembranes market , Geomembranes
Last Updated September 17, 2021