Geomembrane Market Is Estimated To Exhibit At USD 3,132 Million By 2030
San Francisco, 19 Dec 2022: The Report Geomembrane Market Size, Share & Trends Analysis Report By Raw Material (HDPE, LDPE, EPDM, PVC), By Technology (Extrusion, Calendering), By Application, By Region, And Segment Forecasts, 2022 - 2030 The global geomembrane market size is expected to reach USD 3,132 million by 2030, as per a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 5.2% from 2022 to 2030. Increasing shale gas production capacity in the U.S. and Canada, and an increase in mining activities in South America are expected to drive market growth in the forecast period. One of the major consumers of geomembranes is the mining industry. Geomembrane acts as containment in the form of a hydraulic barrier to water and some gases for landfill applications. They have environmental applications as they exhibit properties such as easy installation, mechanical & hydraulic consistency, versatility, and cost-effectiveness. This is expected to