Geomembranes Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

The geomembranes market is expected to reach USD 2,887.90 million by 2026, registering a CAGR of 5.86% during the forecast period (2021-2026). The factors driving the growth of the market studied are the growing use in lining applications, increased use of geomembranesin mining applications, and stringent regulatory framework for environmental protection.

On the flip side, other than the impact of COVID-19 pandemic on the various end-user industries’ growth and supply chain disruptions, increasing use of geosyntheticclay liner in lining systems and landfill, and potential for stress cracking in some situations will hinder the growth of the market studied.

Factros such as development of resilient geomembrane suitable to harsh operational conditions and rising awareness about water conservation in the manufacturing sector are likley to offer numerous opportunities for the manufacturers over the forecast period.

Asia-Pacific dominated the global market both in terms of size and growth owing to the increasing consumption for countries such as China and India, among others.

Scope of the Report

Geomembranes are giant impermeable membranes that are made of reinforced polymeric materials, are synthetic membrane liners or barriers, used with any geotechnical engineering related material to control fluid (or gas) migration in a human-made project, structure, or system. Geomembranes can also be made from the impregnation of geotextiles with asphalt, elastomer, or polymer sprays, or as multilayered bitumen geocomposites. The geomembranes market is sgemented by raw material, application, and geography. On the basis of raw material, the market is segmented by (High-density Polyethylene, Low-density Polyethylene, Linear Low-density Polyethylene, Polyvinyl Chloride, Ethylene Propylene Diene Monomer, Polypropylene, and Other Raw Materials. Based on application, the market is segmented into Water Management, Waste Management, Mining, Construction, Agriculture, Soil Management, and Other Applications. The report also covers the market sizes and forecasts for the Geomembranes market in 18 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

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Key Market Trends

Waste Management Segment to Dominate the Market

Geomembranes are frequently used as an element in lining and capping systems for waste disposal facilities. Geomembrane use in landfills (particularly municipal solid waste landfills) has become standard practice over the past few decades. At present landfills are much more complexly engineered sites as they are extensively planned locations that are constantly monitored. This move toward increasingly more environmentally sound methods has also increased the efficiency of these sites. Before selecting a site for a landfill, city planners usually work with engineers to determine what the effects a landfill will have in the long term.

Landfills and other disposal sites are built with a secondary collection. The seepage from waste containment landfills must be collected and disposed off properly to prevent the contamination of surrounding soils and underlying water. An additional safety measure came when the EPA examined using alternative materials for landfill daily cover. Landfills are required to be covered at the end of each working day, and the original method was to use a layer of soil. Most landfills are required to apply at least 6 inch of soil as daily cover, and at least 12 inch of soil for intermediate cover. This was obviously wasteful of resources and used up the landfill quickly. Since 1993, landfills and state regulations have increasingly adopted alternative daily cover (ADC), typically turning to geomembranes such as polyethylene and PVC, which work well both to contain and to filter, and can be manufactured in very large and custom-fitting sheets.

Geomembranes had already been used as part of the liner underneath the landfill. It also became possible to use them as the top cover in the current times. Geomembranes are used for landfill caps to prevent fluid migration into the landfill, thereby reducing or eliminating post-closure generation of leachate and the associated treatment costs. The cap is also designed to trap and properly vent the gases generated during decomposition of organic wastes. Similarly, the closure system can prevent the seep of any fluids from the refuse body to the landfill surface.

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