Valued to be $4.4 Billion by 2026, Geomembranes Slated for Robust Growth Worldwide
SAN FRANCISCO, June 23, 2022
SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Geomembranes - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
Edition: 7; Released: January 2022
Executive Pool: 389
Companies: 42 - Players covered include Agru America, Inc.; Atarfil Sl; Carlisle SynTec Systems; Firestone Building Products Company; GSE Environmental, Inc.; NAUE GmbH & Co. KG; Officine Maccaferri SpA; Plastika Kritis SA; Solmax International, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Waste Management, Mining, Water Management, Tunnel Lining); Raw Material (HDPE, LDPE & LLDPE, PVC, EPDM, Other Raw Materials)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Geomembranes Market to Reach $4.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Geomembranes estimated at US$2.8 Billion, is projected to reach a revised size of US$4.4 Billion by 2026, growing at a CAGR of 8% over the analysis period. HDPE, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$1.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the LDPE & LLDPE segment is readjusted to a revised 8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $811.4 Million in 2021, While China is Forecast to Reach $979.6 Million by 2026
The Geomembranes market in the U.S. is estimated at US$811.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$979.6 Million by the year 2026 trailing a CAGR of 12.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 7.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.
PVC Segment to Reach US$655.7 Million by the year 2026
In the global PVC segment, USA, Canada, Japan, China and Europe will drive the 7.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$311.4 Million will reach a projected size of US$506.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.