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Increased Environmental Awareness Driving Growth in the Global Geomembranes Market

Reportstack has announced a new market research report on the Global Geomembranes Market 2014-2018. 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. Growth in the Mining industry will open up huge opportunities in the Global Geomembranes market during the forecast period. The overall market is expected to post a CAGR of 11.44 percent in terms of revenue and 9.10 percent in terms of volume during 2013-2018.

Geomembranes are synthetic membrane liners used in geotechnical engineering to contain or control the flow of fluids or vapors. The two common processes used to manufacture geomembranes are calendering and extrusion; the raw materials used are polyethylene, bitumen composites, or geotextiles in combination with polymer sprays, colorants, asphalt, or elastomers. Geomembranes are vital to the Waste Management, Water Management, and Mining industries.

“Growing awareness about the environment and increased focus toward green vegetation is expected to open up huge opportunities in the Global Geomembranes market,”.

“The major vendors in the Global Geomembranes market are coming up with technology to manufacture geomembranes that possess several benefits.”

To define the market conditions in the next 3-4 years, the 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.

Complete report available @ Global Geomembranes Market 2014-2018