Lucintel's latest market report analyzed that geomembrane provides attractive opportunities in the infrastructure industry. The geomembrane market is expected to reach $2.8 billion by 2025 with a CAGR of 5.0%. In this market, HDPE is the largest segment by material type, whereas waste management is largest by application. The increasing demand for geomembrane monitoring systems and the growing acceptance of leak detection systems in geomembranes provides strategic growth path in this market.
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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.
Browse in-depth TOC on “Geomembrane Market”
247 – Tables
224 – Figures
359 – Pages
The geomembrane market is marked by the presence of several big and small players. Some of the prominent players offering geomembrane include Solmax, NAUE GmbH, Atarfil, AGRU America, Raven Industries, Plastika Kritis, and Firestone Building Products.
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