Global Geomembranes Overview By Business Analysis, Industry Types, Demand, Capacity, Applications, Services, Innovations and Forecast 2027
Market Overview
Geomembranes, are major used
in water and waste management, along with landfills. Additionally, it has
substantially penetrated into water storage, and canals. A geomembrane helps
prevent the release of gas or odors into the atmosphere, to reduce percolation
of surface water into ground, protection of groundwater against seepage of
pollutant. Moreover, protects new constructions against corrosion or water
erosion, containment, collection, and the conveyance of drinking water¸ and
also helps to prevent water loss. The global geomembranes market is expected to
witness a significant growth of USD nearly 4.05 billion, expanding at a CAGR of
9.5% between 2016 and 2023. Increasing mining activities, regulation for ground
water usage, stringent regulatory measures regarding water contamination, are
the major factors driving growth of the market. The geomembranes are
gaining the required attention due to the more rigorous environmental
regulations, newly developed standards for the commercial structures and
building codes and increased concern for the environment codes and increased
concern for the environment. Moreover, rapidly increasing world population is
fuelling the urbanization, industrialization and infrastructural development
are the prominent factors driving growth of the global geomembranes market.
Additionally the inception of innovative technologies and efficient
geomembranes application practices is anticipated to fuel demand for the
geomembranes in these applications.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1
Market Definition
2.2
Scope Of The Study
2.3
List Of Assumptions
2.4
Markets Structure
3 Market Research Methodology
3.1
Research Process
3.2
Primary Research
3.3
Secondary Research
3.4
Market Size Estimation
3.5
Forecast Model
4 Market Factor Analysis
4.1
Supply Chain Analysis
4.1.1
Raw Material Suppliers
4.1.2
Manufacturers Of Geomembranes
4.1.3
Distributors/Retailers/Wholesalers/E-Commerce Merchants
4.1.4
End-Use Industries
4.2
Porter’s Five Forces Model
4.2.1
Threat Of New Entrants
4.2.2
Intensity Of Competitive Rivalry
4.2.3
Threat Of Substitutes
4.2.4
Bargaining Power Of Suppliers
4.2.5
Bargaining Power Of Buyers
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Geomembranes Market- Competitive Landscape:
The
global geomembranes is a highly mature market driven by surging demand from
waste and water management, and landfill applications, along with substantial
use in building & construction industry, along with the rising
technological advancements in the field of geomembranes. The market consists of
considerable number of tier 1 companies. Among them, NAUE GmbH & Co. KG,
GSE Environmental, LLC, Carlisle SynTec Systems, and Solmax International, Inc.
are the leading manufacturers which have substantial contribution to the growth
of the market during the review period. Almost all of these market participants
are primarily adopting the expansion of their production capacities tactics to
strengthen their market position. Growing construction industries, and continuous
collaborations and agreements between manufacturers, distributers, and
marketing firms, along with continuous R&D activities are key market forces
operating in the market for the growth of the demand for Geomembranes. Taking
all these trends under consideration, the global geomembranes market poised to
witness considerable competition due to easy entry of competitors over the
forecast period of 2017-2023.
Industry/ Innovation/ Related News:
April 3, 2017- Firestone
Building Products Company, LLC or Firestone, one of the leading manufacturer
and supplier of a comprehensive “Roots to Rooftops” product portfolio for
commercial building performance solutions, has acquired the technology and
product innovation technology and product innovation company Gaco Western
(Gaco). Gaco engages in development of an innovative silicone roofing
systems and provider of top-tier waterproofing and spray foam insulation. This
development will help Firestone to increase its range of waterproofing
membranes.
August 22, 2017- The U.S. based precision agriculture product
manufacturer, Raven Industries, Inc. has signed an asset purchase agreement to
acquire all the assets of Colorado Lining International, Inc., headquartered in
Parker, Colo. The deal was finalized in September wherein Raven paid USD 14
million in cash and USD 2 million potential in next three years. With this
acquisition Raven has aligned this with company’s Engineered Films division, an
innovative manufacturer of polymer film and sheeting.
December
20, 2017- Groupe
Solmax, a Canada based high-quality polyethylene geomembranes manufacturer for
industrial and environmental applications, has acquired GSE Environmental based
in Houston, Texas from Littlejohn & Co., LLC and certain funds and accounts
managed by Strategic Value Partners, LLC, both Greenwich, Connecticut-based
private investment firms. Both Solmax and GSE operate globally in the
geosynthetic products sector, supplying large industrial players with
high-quality containment systems for domestic, hazardous or industrial waste
burial sites, retention ponds, fracking and heap leaching pads.
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