Global Geomembranes Market is Growing at a Significant Rate in the Forecast Period 2018-2025

Global Geomembranes Market, According to Data Bridge Market Research new Market report, “By Raw Materials (High-Density Polyethylene, Polyvinyl Chloride, Low-Density Polyethylene, Ethylene Propylene Diene Monomer, Polypropylene, Others), By Manufacturing Process (Blown Film, Extrusion, Calendaring, Others), By Application (Waste Management, Water Management, Tunnel Lining, Mining), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025

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Global Geomembranes Market

These membranes possess significant mechanical properties such as tensile strength & elongation, tear resistance, impact resistance, and interface shear strength. Geomembrane shows a very unique mode of action, they create an obstacle or barrier to the movement of water fluids and other soluble materials. They are manufacture using synthetic polymers that is impermeable in nature. Geomembrane are more superior as compare to other products like concrete, compacted clay and asphalt etc.

High-density polyethylene owns a property of elasticity and flexibility, this is very easy in installation, and shows its advantage in cost as compare to any other products.  

According to The Central Water Commission (CWC) of India’s Union Ministry of Water Resources under India’s National Register of Large Dams in October 2017 states that number of large dams under construction sees a huge growing rate from 312 in 2016 to 447 in 2017. This shows that India has possibly the highest number of under construction big dams, compared to any other country in the world. It also states that in the year 2009 there were 5100 dam listed. But as the time passes this number reaches to 5170-5190 within the time period 2012-2016.

GSE Environmental is a global manufacturer and marketer of geosynthetic barriers, geomembrane. In May 2014, it opened a new manufacturing facility in Suzhou, China.

In February 2014, GSE Environmental signed a global distribution agreement with Tenax Group. This agreement will enable GSE Holding to distribute the products of  Tenax Group, which includes reinforced geosynthetics on a global level.

Segmentation: Global Geomembranes Market

The global market for geomembrane market by the following sub-categories is presented

  • By Raw Material

    • High-Density Polyethylene
    • Polyvinyl Chloride
    • Low-Density Polyethylene
    • Ethylene Propylene Diene Monomer
    • Polypropylene
    • Others

  • By Manufacturing Process

    • Blown Film
    • Extrusion
    • Calendaring
    • Others

  • By Application

    • Waste Management
    • Water Management
    • Tunnel Lining
    • Mining

  • By Geography

    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East and Africa

FACTORS DRIVING GROWTH IN THE GLOBAL GEOMEMBRANES MARKET

Growth in construction industries:

According to an article published by building design+ construction in 2017, provides detail about 144 high-rise towers that were completed in 2017, which includes 1,965-foot ping in finance center in Shenzhen, China, and the 1,823-foot lotte world tower in Seoul, South Korea. As compare to the  previous records of completions of 127 high constructions in 2016, the year 2017 was the busiest year regarding the growth in constructions. This shows that as compare to 2016, there was 12.3% growth in the buildings which are 200 meters high, that is 1,319, in the year 2017. In the year 2000 the number of buildings which were more than 200 meters, were only 263.This shows how this construction sector is increasing.

Around 15 super tall buildings were constructed in 2017. In 2017 total number of super tall buildings reached to the mark of 126. Earlier it was 111 in 2016. China was at the top that completed construction of 200 meter plus building with 76 completions with accounts of 53.0% of total 200 meter plus buildings in 2017. United States ranked second with completion of 10 buildings.

According to Office for National Statistics 2016, the value of construction in New Britain continues to rise in 2016 reaching its highest level record at 99,266 euros. The price of construction reached the inflation by 2.2% at the end of 2016. Advanced building information modeling is poised to make geotechnical information as a key factor in the early stages of infrastructure design.

Growing Applicability of Geomembranes:

Geomembranes have been used since the 1950s and their use has steadily increased as a result of water resource concerns. Geomembranes are available in a variety of physical, mechanical, and chemical resistance properties designed to meet the requirements of a wide range of applications.

The establishment of new PVC production with an annual capacity of 1,500 metric tons at Buenos Aires, Argentina, was announced by PVC Technocom SA in June 2014. The manufacturing facility of PVC Technocom SA will begin its production by the end of July 2015, which will further lead to increase the availability of raw materials to geomembrane manufacturers.

In Dec,2017, Solmax, a which is a Canadian-based company and a leader in the production of high-quality polyethylene geomembranes specifically for industrial and environmental applications has declare the acquisition of  GSE Environmental which is based in Houston, Texas, which makes Solmax a leader in global geosynthetics industry.

Some of the major market players in this market are PVC Tecnocom SA, Solmax, GSE Environmental, Agru America, Inc, ATARFIL, NAUE GmbH & Co. KG, Officine Maccaferri S.P.A, Colorado Lining International, Inc, PLASTIKA KRITIS S.A, Firestone Building Products Company, LLC, Fugro, Geocomp Corporation, Geomotion Singapore, GeoSIG Ltd, James Fisher and Sons plc, GEOKON INCORPORATED, Carlisle SynTec Systems.

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