Increasing spending on infrastructure development driving the market of Geomembranes Market
The global geomembranes market size is expected to grow from USD 2.1 billion in 2020 to USD 3.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period. This high growth is due to the increased mining activities in APAC and South America, the growing concerns towards waste and water management activities, and the increasing spending on infrastructure development....
Why Geomembranes Market is Growing at Steady CAGR from 2014?
Geomembrane is made of thin polymeric sheets, geotextiles and elastomer. Different industries find these products highly useful. Special physical characteristics of these products are considered to be strongest driving factor for their growth in demand. According to the experts, steady rise in demand is expected to be the strongest driving factor for the global geomembranes market in the years to come....