The Ground Membrane Market is forecasted to grow from USD 2.06 billion in 2018 to USD 4.45 billion by 2026, at a CAGR of 9.5%, during the forecast period. The market is primarily driven by the growing usage of Ground Membranes in waste management applications and a strict regulatory framework for environmental protection in several applications such as oil gas, agriculture, concrete protection and industrial applications.
A Ground Membrane is a category of a geosynthetic that has very low permeability and is used in geotechnical engineering to control fluid or gas migration in a structure or a system like solid waste containment, water containment and mining. It is usually made using thin, continuous polymeric sheets, but can also be made using asphalt, elastomers, or polymeric sprays.
Get a sample copy of the Ground Membrane industry report @ https://www.reportsanddata.com/sample-enquiry-form/1013
The market for Ground Membranes has been growing alongside the increasing environmental regulations against land and water contamination. However, the unsafe nature of some of the materials involved may hamper the growth of the market.
The main players involved in this industry are GSE Environmental LLC (US), Agru America Inc. (US), Solmax International Inc. (Canada), Nilex Inc. (Canada), Carthage Mills (US), NAUE GmbH Co. KG (Germany), Officine Maccaferri S.p.A. (Italy), Geofabrics Australasia Private Limited (Australia), Carlisle Syntec Systems (US), Huifeng Geosynthetics (China), Raven Engineered Films (US), and others.
Market Overview:
The materials and chemicals sector is significantly gaining traction in the last few years owing to high demand for raw materials and chemicals in various industrial sectors such as food and beverages, paper, medical and healthcare, biotechnology and pharmaceutical, manufacturing among others. Global Ground Membrane market revenue growth is primarily driven by factors such as rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the market. Growing awareness about energy efficiency and green energy, rising need for reducing carbon emission and rising adoption of biodigerable products is supporting growth of the global Ground Membrane market. In addition, rising investments in research and development activities, and rising per capita income are further fueling global market growth.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/Ground Membrane-market
Further key findings from the report suggest
- The Ground Membrane Market is forecasted to grow from USD 2.06 billion in 2018 to USD 4.45 billion by 2026, at a CAGR of 9.5%, during the forecast period. The market is primarily driven by the growing usage of Ground Membranes in waste management applications and a strict regulatory framework for environmental protection in several applications such as oil gas, agriculture, concrete protection and industrial applications.
- The market for high density polyethylene (HDPE) is expected to grow the largest at USD 1.24 billion in 2026, at a CAGR of 9.2% during the forecast period. HDPE is a polyethylene thermoplastic made from petroleum. It provides excellent strength due to its density, very durable and has a high UV and chemical resistance. It can be recycled and repurposed, hence making it valuable and eco-friendly. Due to this, they have the highest market volume. They are usually used as dam, reservoir and landfill lining.
- The market for waste management is estimated to hold the largest market and is expected to reach USD 1.64 billion in 2026, at a CAGR of 10.2% during the forecast period. Due to the high chemical resistance and durability of HDPEs and PVCs, they are used in waste management, as landfill lining to prevent any leaching of hazardous materials into the soil or groundwater for more than 30 years. The resistance to wear and tear of Ground Membranes makes them ideal for water management, as well. They are usually used to line dams, reservoirs, water collectors and even in stormwater ponds to prevent flooding and loss of water.
- The market for North America is expected to reach USD 1.16 billion in 2026, at a CAGR of 10.1% during the forecast period. North America has the highest value and volume in the market owing to the increase in environmental pollution and formulation of environmental policies by regulatory agencies.
Download Report Summary @ https://www.reportsanddata.com/download-summary-form/1013
Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the market on the basis of raw material, technology, application and regional analysis.
Raw Material (Million Square Meter) (Revenue, USD Million; 2016-2026)
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Ethylene Propylene Diene Monomer (EPDM)
- Polyvinyl Chloride (PVC)
Application (Million Square Meter) (Revenue, USD Million; 2016-2026)
- Waste management
- Mining
- Water management
- Tunnels Civil Construction
Region (Million Square Meter) (Revenue, USD Million; 2016-2026)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Thank you for reading our report. Customization of this report is available as per the client’s needs. Kindly connect with us to know more and our team will ensure the report is well suited to meet your requirements.
Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:
Phytosterols Market Trends @ https://www.reportsanddata.com/report-detail/phytosterols-market
Protective Textiles Market Growth @ https://www.reportsanddata.com/report-detail/protective-textiles-market
Biorationals Market Share @ https://www.reportsanddata.com/report-detail/biorationals-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports
