Geomembranes Market Global Industry Analysis 2023

Geomembranes are synthesized with the infusion of geotextiles with elastomers, asphalt or multi-layered bitumen geo-composites. It refers to synthetic membranes or liners having low permeability and are used with geotechnical engineering. They 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.

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Geomembranes have high tensile and interface shear strength and are tear and impact resistant. Solid waste containment, mining and water containment are finding applications in global geomembranes market. They are widely used in mining applications owing to the increase in environmental pollution and formulation of environmental policies by regulatory agencies.

Geomembranes are categorized into high density polyethylene (HDPE), low density polyethylene (LDPE), linear low density polyethylene (LLDPE), polyvinyl chloride (PVC), ethylene propylene diene monomer (M-class) rubber (EPDM) and polypropylene (PP). High density polyethylene is a hydrocarbon polymer prepared from petroleum by catalytic process. These polymers are light weight and can withstand high temperature. HDPE are mainly used for packaging and manufacturing of edible products such as cereal box liners and yogurt tubs. 

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The global geomembranes market is expected to witness a growth during the forecast period (2017-2023). Increasing expenditure towards waste and water management programs in Germany, Russia, China and India is anticipated to drive the market. Based on raw materials, high density polyethylene (HDPE) is expected to be the largest and fastest growing segment. Based on the manufacturing method, waste management segment is expected to propel the growth of the global market.

The major companies operating in the global market are GSE Environmental, LLC, Agru America, Inc., Solmax, Nilex Inc., Carthage Mills, Inc, Officine Maccaferri S.p.A., Geofabrics Australasia, Carlisle Companies Incorporated, Juta A.S, Titan Environmental Containment and Colorado Lining International, Inc.

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