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Global Geomembrane Market

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By Author: Dimitri Maximize
Total Articles: 27
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Global Geomembrane Market was valued US$2.30 Bn in 2017 and is anticipated to reach US$4.51 Bn by 2026 at a CAGR of about 8.78 % during a forecast period. Global Geomembrane market is segmented by raw material, by manufacturing process, by application and by region. In terms of raw material, Geomembrane market is segmented into HDPE, LDPE, PVC, EPDM and PP. Blown Film and Calendering are the manufacturing process of the Global Geomembrane market.

Waste Management, Mining, Water Management and Tunnel Lining are application segment of Geomembrane market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Global Geomembranes, the most significant group within geo-synthetics, are made up of flexible polymeric materials that are impermeable in nature, thus creating a barrier to the movement of water, fluids, and other soluble materials. These membranes possess significant mechanical properties such as tensile strength & elongation, tear resistance, impact resistance, and interface shear strength. They are widely used for solid waste containment, mining, and water containment applications.

Global Geomembrane Market High-density polyethylene (HDPE) is the leading raw material segment, owing to its enhanced elasticity and flexibility, ease in installation, and cost and operational advantage. The extrusion technology segment generated the highest revenue in 2017, with almost half of the total market share, followed by the calendaring segment. Global Geomembranes are used in various applications, such as waste management, mining, water management, tunnel lining, and Tunnel Lining. The waste management application segment is estimated to have led the Global Geomembranes market in terms of value as well as volume, followed by the mining segment in 2017.

North America witnessed maximum demand for Global Geomembranes, owing to the stringent government regulations regarding waste management and rise in awareness towards environment protection by manufacturing sectors. U.S. dominates the North America geomembrane market, in terms of both value and volume.

For more information visit : https://www.maximizemarketresearch.com/market-report/global-geomembrane-market/16651/

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