According to the new market research report "Geomembranes Market by Type (HDPE, LDPE & LLDPE, PVC, EPDM, PP, Others), Manufacturing Process (Extrusion, Calendering, Others), Application (Mining, Waste Management, Water Management, Civil Construction, Others), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market size was valued at USD 2.6 billion in 2022 and is projected to reach USD 3.7 billion by 2027, growing at 7.6% cagr from 2022 to 2027. The major factors driving the geomembranes market include high growth in the mining and construction industry with an increasing need for waste and water management activities.

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Browse in-depth TOC on "Geomembranes Market"

211 – Tables
40 – Figures
193 – Pages

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The 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 the major types of geomembranes available in the market. HDPE are the largest and fastest-growing segment in terms of value. These membranes are cost-effective and are used widely in all regions. They are designed to be used in applications, which require excellent chemical & UV resistance at an affordable cost. Their robust performance in critical applications is expected to help their high growth during the forecast period.

The waste management application 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 the major applications in the geomembranes market. Of these, 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. They are ideally 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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North America is expected to hold the largest market size in the global geomembranes market during the forecast period

Based on region, the geomembranes market has been segmented into APAC, Europe, North America, the Middle East & Africa, and South America. North America geomembranes market was the largest market in 2019. Market growth is primarily due to 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 well-established manufacturing and construction sector of the region.

Geomembranes Market Key Players

Major vendors 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), 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).

Raven Industries (US) one the leading player in the geomembranes market has  invested strongly in strategic developments. The company 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 expanding in the geomembranes market by focusing on various strategies such as acquisition and expansion. The company established its first US manufacturing & distribution facility in Suffolk, Virginia, in September 2017. The company invested around USD 5.1 million for this expansion. This new facility helped the company serve the US market and expand its global presence.

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The report provides insights on the following pointers: 

  • Market Penetration:Comprehensive information on the product portfolios of the top players in the Geomembranes market. 
  • Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market. 
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market. 
  • Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies. 
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Geomembranes market.