Competition in the geomembrane industry is fierce and market development prospects are good

Geomembrane is a waterproof barrier material based on polymers. It has strong ductility, a large operating temperature range, a long service life, high deformation adaptability, corrosion resistance, high temperature resistance, and low temperature resistance. , good frost resistance and other advantages, it is often used in environmental protection and sanitation, water conservancy projects, mining, municipal engineering, highways and railways and other fields. According to different material compositions, geomembranes can be divided into HDPE geomembranes, LLDPE geomembranes, PVC geomembranes, EVA geomembranes, LDPE geomembranes, etc.

According to the “2023-2027 China Geomembrane Market Feasibility Research Report” released by the Industrial Research Center, at this stage, China’s geomembrane market There are a large number of manufacturing companies in the membrane industry and the market concentration is low. Among them, Yizheng Shengli Waterproof and Drainage Materials Co., Ltd., Huadun Snow Plastic (Gu’an) Co., Ltd., Jiangsu Jinba Environmental Technology Co., Ltd., Hongxiang New Materials Co., Ltd., and Shandong Hongyue Environmental Protection Technology Co., Ltd. are geomembrane Relatively large companies in the industry, the above five companies accounted for 8.47% of the output share of the domestic geomembrane industry in 2021.

From the demand side, in recent years, my country’s infrastructure investment has accelerated and the scale of investment has continued to expand. Coupled with the continued development of environmental protection fields such as landfills and sewage treatment, the geomembrane market demand has increased year by year, from nearly 400,000 tons in 2018. to nearly 500,000 tons in 2021. In 2022, due to the impact of the epidemic and macroeconomics, domestic demand for geomembranes has declined. However, it is expected that from 2023 to 2026, with the support of national policies and the further development of downstream fields such as environmental protection and sanitation, water conservancy projects, municipal engineering, and mining, the geomembrane market demand may continue to grow.

In addition, China is a big country in infrastructure construction and invests heavily in infrastructure such as roads, railways, and public buildings every year. With the advancement of urbanization, the demand for landfill construction is increasing. Especially in the future, most domestic landfills will enter the closure stage, which will generate a large demand for geomembranes. In addition, as environmental protection policies become stricter, investment in environmental remediation and river dredging projects in chemical industry parks, slag dumps, mining areas, etc. may increase. The livestock industry will also generate a large demand for geomembranes, thereby driving the demand for geomembranes in the above fields. increase.

Industry analysts said that geomembrane has many subdivided products and wide application fields, and has good future development prospects. However, due to the lack of strictness in the industry The regulatory system of the domestic geomembrane industry is currently in chaos. In order to compete for market share, some geomembrane companies are substandard and use recycled materials to produce geomembranes. At the same time, there are also companies that maliciously lower or raise prices, disrupting the market order and not conducive to the geomembrane industry. High-quality development. In addition, compared with well-known international companies, domestic geomembrane companies still have certain deficiencies in terms of financial strength, R&D investment, and market expansion. Their core competitiveness in the international market needs to be further strengthened, and their overall strength is weaker than that of well-known foreign companies.