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21 Jul 2021, 13:37 GMT+10
According to IMARC Group's latest report, titled "Geomembranes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global geomembranes market exhibited strong growth during 2015-2020. Looking forward, the market is expected the market to grow at a CAGR of 8.4% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Geomembranes are large-sized impermeable liners that are made up of reinforced polymeric materials. These synthetic membranes act as a protective barrier against fluids, gases, and other soluble substances. They are manufactured by the impregnation of geotextiles with asphalt, elastomers and multilayered bitumen geo-composites.
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Market Trends
The increase in the adoption of geomembranes in waste management, such as landfill liners and mining applications, is one of the primary drivers of the market. This can be accredited to the numerous advantages offered by these membranes, such as resistance to high temperatures, ultraviolet (UV) rays, punctures, and abrasions, as well as high shear and tensile strength. Besides this, with the rising infrastructural development, these membranes are being utilized in the construction of roads, highways and bridges, as they bind the soil under asphalt layovers and increase the overall lifespan of the structures. Moreover, with growing environmental concerns, the demand for geomembranes has escalated as they can efficiently avert the leakage of harmful gases and poisonous fluids at an affordable cost. These factors are expected to create a positive outlook for the market in the coming years.
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List of Key Companies Covered in this Market Report:
The report has segmented the market on the basis of raw material, manufacturing process, application end user, vertical and geography.
Breakup by Raw Material:
Breakup by Manufacturing Process:
Breakup by Application:
Breakup by Geography:
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Calcium Carbonate Market Report: https://www.imarcgroup.com/calcium-carbonate-technical-material-market-report
Specialty Carbon Black Market Report: https://www.imarcgroup.com/specialty-carbon-black-market
Hot Melt Adhesive Market Report: https://www.imarcgroup.com/hot-melt-adhesive-market
Limestone Market Report: https://www.imarcgroup.com/limestone-market
Levulinic Acid Market Report: https://www.imarcgroup.com/levulinic-acid-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Tags: Geomembranes Market Size, Geomembranes Market Report, Geomembranes Market, Global Geomembranes market, Geomembranes Market share, Geomembranes Market Price
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Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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