According to a new market report published by Lucintel, the future of the global PE geomembrane market looks promising with opportunities in the waste management, mining, water management, and tunnel and civil construction applications. The global PE geomembrane market is expected to reach an estimated $2.7 billion with a CAGR of 6.1% from 2021 to 2027. The major drivers for this market are growth in construction and mining sectors, increase in environmental pollution, and government regulations for waste management.
In this market, HDPE, LDPE and LLDPE are the major materials used to manufacture PE geomembranes. HDPE will remain the largest material segment of the PE geomembrane market due to its resistance to various solvents.
Within the PE geomembrane market, waste management, mining, water management, tunnel and civil construction, and others are the various application where PE geomembranes are used. Waste management will remain the largest application due to its growing usage as caps and floating covers on leachate ponds.
North America will remain the largest region over the forecast period due to stringent government regulations regarding waste management and rising awareness towards environment protection by manufacturing sectors.
Solmax, AGRU America, Atarfil, Plastika Kritis, Raven Industries, Nilex, Officine Maccaferri, CETCO, Ginegar Plastic Products, and Texel Industries are among the major PE geomembrane manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global PE geomembrane market by raw material, application, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global PE Geomembrane Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a trend and forecast for the global PE geomembrane market by raw material, application, and region as follows:
By Raw Material [Value ($M) and Volume (Million Square Meter) shipment analysis for 2016 – 2027]:
By Application [Value ($M) and Volume (Million Square Meter) shipment analysis for 2016 – 2027]:
Waste Management
Mining
Water Management
Tunnel and Civil Construction
By Region [Value ($M) and Volume (Million Square Meter) shipment analysis for 2016 – 2027]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 200-page 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 visit us at helpdesk@lucintel.com.
About Lucintel
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This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global PE geomembranes market by raw material (HDPE and, LDPE and LLDPE), application (waste management, mining, water management, and tunnel and civil construction), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?