Demand from Construction Industry Driving the Market
There has been a growing demand from construction sector for geomembranes because of its various mechanical properties such as tensile strength & elongation, tear resistivity, impact resistivity, and interface shear strength. In Europe, the European Commission has recently set up “New Roads Construction concept” project owing to the use of geomembranes in roads for containment of water seepage and hence, prevention of road damage. Such positive factors are expected to augment the consumption of geomembrane in the construction industry.
HDPE - the Fastest Growing Segment
Based on raw material, the HDPE geomembranes segment dominated the global market and is also expected to grow at a good rate in response to its increasing usage in road construction projects, owing to its low permeability. In India, the government is planning to construct over 83,000 km of roads, thereby providing opportunities for HDPE.
North America - the Largest Regional Market
North America accounted for the largest market for geomembranes because of extensive use in waste and hazardous chemical containment and leachate collection. The United Sates continues to be the largest market in North America. Growing water treatment facilities in response to increasing demand for aquaculture and for floating covers in irrigation pits, ponds, and lakes is expected to drive the market in North America during the forecasted period.
December 2017: Groupe Solmax acquired GSE Environmental based in Houston, Texas from Littlejohn & Co., LLC and certain funds and accounts which are managed by Strategic Value Partners, LLC.
August 2017: Raven Industries, Inc. signed an asset purchase agreement to acquire fabrication, installation, and design-build service provider Colorado Lining International, Inc.
Major Players: Solmax International Inc., Agru America Inc., Atarfil Sl, Naue GmbH & Co. KG, Officine Maccaferri SPA, and Colorado Lining International Inc., amongst others.
Reason to Purchase the Report
To understand the impact of end-user industries on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating product type and application in the market
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements.
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Force Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Growing Use of Geomembrane in Construction Industry
4.1.2 Increase Use of Geomembrane in Mining Activities
4.1.3 Stringent Regulatory Framework for Environmental Protection
4.2.1 Increasing Use of Geosynthetic Clay Liner in Lining Systems and Landfill
4.2.2 Other Restraints
4.3.1 Development of Resilient Geomembranes Suitable in Harsh Operational Conditions
4.3.2 Rising Awareness about Water Conservation in the Manufacturing Sector
4.3.3 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Raw Material
5.1.1 High-density Polyethylene (HDPE)
5.1.2 Low-density Polyethylene (LDPE)
5.1.3 Linear Low-density Polyethylene (LLDPE)
5.1.4 Polyvinyl Chloride (PVC)
5.1.5 Ethylene Propylene Diene Monomer (EPDM)
5.1.6 Polypropylene (PP)
5.2 By Manufacturing Process
5.2.1 Blown Film
5.3 By Application
5.3.2 Waste Management
5.3.4 Water Management
5.3.5 Tunnel Lining
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.4 Rest of North America
6.3.6 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & services, and Recent Developments)
8.1 Solmax Internationa Inc.
8.2 Agru America Inc.
8.3 Atarfil Sl
8.4 Naue GmbH & Co. KG
8.5 Officine Maccaferri SPA
8.6 Colorado Lining International Inc.
8.7 Plastika Kritis SA
8.8 Firestone Building Products Company LLC
8.9 Carlisle Syntec Systems
8.10 Carthage Mills
8.11 Nilex Inc.
8.12 Juta AS
*List Not Exhaustive
** Subject to Availability in Public Domain
- Solmax Internationa Inc.
- Agru America Inc.
- Atarfil Sl
- Naue GmbH & Co. Kg
- Officine Maccaferri SPA
- Colorado Lining International Inc.
- Plastika Kritis SA
- Firestone Building Products Company LLC
- Carlisle Syntec Systems
- Carthage Mills
- Nilex Inc.
- Juta AS