Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.26 Billion | USD 7.20 Billion | 12.3% | 2024 |
FrequentlyAsked Questions
An impermeable membrane liner is made of a thin, flexible polymeric layer known as a geomembrane. It does a great job of blocking the flow of substances, including water.
The global geomembrane market is expected to grow due to rising environmental regulations for waste and water management, growing infrastructure development and urbanization, and the expanding mining industry.
According to a study, the global geomembrane market size was worth around USD 2.26 Billion in 2024 and is expected to reach USD 7.20 Billion by 2034.
The global geomembrane market is expected to grow at a CAGR of 12.3% during the forecast period.
The global geomembrane market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market owing to the Increasing industrialization and the number of manufacturing facilities, along with growing public awareness of pollution and waste management.
Leading players in the global geomembrane market include Minerals Technologies Inc., Plastika Kritis S.A., Geofabrics Australasia Pty Ltd., Naue GmbH & Co. KG, Juta Ltd., Solmax, Officine Maccaferri Spa, Terrafix Geosynthetics Inc., Carlisle SynTec Systems, Carthage Mills, Inc., Propex Operating Company, LLC, Global Synthetics, Gayatri Polymers & Geo-synthetics, among others.
The report explores crucial aspects of the geomembrane market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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