- The key vendors in the Global Geomembranes Market 2015-2019 are Agru America, Carthage Mills, Gse Environmental Llc, Juta A.S., Naue Gmbh & Co. Kg, Nilex Inc., Officine Maccaferri, Plastika Kritis S.A, Solmax International Inc. and The RKW-Group.
London, 20 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Geomembranes Market 2015-2019. One of the major trends in the Global Geomembranes market is the huge opportunities in the mining industry. Governments in many countries are taking initiatives to map unexplored mining areas. Geomembrane liners are primarily used in three areas of mining: salt recovery from ponds (evaporation), leaching of mineral-bearing rock, and disposal of rock that has the most mineral value. The overall market is expected to grow at a CAGR of 12.16 percent in terms of revenue and at a CAGR of 9.58 percent in terms of volume during the period of 2014-2019.
Increase in population and industrialization have resulted in increased waste accumulation and the need for water transportation. This has opened up huge opportunities in the Global Geomembranes market. Technological advancement and high demand from developing countries such as China and India are expected to drive the Global Geomembranes market.
“The heap leach mining technology consists of a base that uses HDPE or LDPE lining materials throughout the process, and its adoption and further technological innovation in the various industries will be the major driver in the growth of the Global Geomembranes market during the forecast period,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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