The global geomembrane market is expected to reach USD 2.08 billion by 2022, according to a new report by Grand View Research, Inc. Increasing expenditure for the implementation of waste and water management programs in countries such as India, China, Germany and Russia is expected to drive demand. Waste management is expected to witness growth at a CAGR of 3.9% from 2015 to 2022. It is used as a lining agent for preventing contamination of groundwater caused by leakage of landfills. In addition, it also minimizes wrinkles and provides stability on steep side slopes in landfill sites.
http://www.grandviewresearch.com/industry-analysis/geomembrane-market
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