Lucintel Forecasts the Global Geomembrane Market to Reach $3.7 billion by 2030

According to a market report by Lucintel, the future of the global geomembrane market looks promising with opportunities in the mining, waste management, civil construction, and water management markets. The global geomembrane market is expected to reach an estimated $3.7 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising demand for this material in agriculture and aquaculture and increasing concerns for waste and water management activities.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in geomembrane market to 2030 by type (high-density polyethylene , low-density polyethylene & linear low-density polyethylene , polyvinyl chloride , ethylene propylene diene monomer , polypropylene, and others), manufacturing process (extrusion, calendering, and others), application (mining, waste management, civil construction, water management, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, high-density polyethylene, low-density polyethylene & linear low-density polyethylene, polyvinyl chloride, ethylene propylene diene monomer, and polypropylene are the major segments of geomembrane market by type. Lucintel forecasts that high-density polyethylene is expected to witness the highest growth over the forecast period due to its various qualities, such as chemical resistance, high durability, high stability, ultraviolet protection, inherent flexibility.

Within this market, mining will remain the largest segment over the forecast period.

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North America is expected to witness highest growth over the forecast period due to existence of of several manufacturers, rise in mining activities, and growing urbanization and industrialization in the region.

GSE Environmental, CETCO, Geofabrics Australasia, Carthage Mils Erosion Control Company, JUTA, Solmax International, and Officine Maccaferri are the major suppliers in the geomembrane market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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