Growth opportunities in the geosynthetic clay liner market look promising over the next six years. This is mainly due to the self-sealing property in the geosynthetic clay liner, rising awareness about landfill protection in the construction and mining sectors, and the growing usage of the geosynthetic clay liners in construction, mining, etc.
Geosynthetic Clay Liner Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
Augmenting use of the geosynthetic clay liners in the mining, construction, and upstream oil & gas industry owing to its exceptional properties like chemical resistance and self-sealing is fuelling the growth of the global geosynthetic clay liner market over the forecast period. The market is driven by the increasing awareness related to landfill protection, predominantly in the construction and mining sectors.
However, the fluctuations in the cost of crude oil in and variations in the pricing of raw materials restrict the market growth. The clogging problem related to geotextiles where geosynthetic clay liners are used is a major constraint for the global geosynthetic clay liner market during the forecast period.
End-User Segment Drivers
Based on the end-user, the market is segmented into containment & wastewater treatment, roadways & civil construction, and landfill. The containment and wastewater treatment is projected to expand at a higher CAGR due to the rising usage of lining solutions and liquid containment in municipal and industrial sectors. This is because geosynthetic clay liner provides low permeability and good shear resistance. On the other hand, Landfill is predicted to grow at a faster CAGR over the forecast period because of the stringent framework from regulatory bodies including European Commission and EPA for proper disposal methods and waste management.
Regional Drivers
On the basis of regional coverage, Asia-Pacific is expected to expand at a higher CAGR during the forecast period. This is mainly due to the immense availability of minerals coupled with the presence of large mining companies in China and Australia. On the other hand, North America is expected to grow at higher CAGR during the forecast period due to the expansion in shale gas production, specifically in the U.S., and the rising expenditure on hydraulic fracturing.
Geosynthetic Clay Liner Market’s leading Manufacturers:
- Gorantla Geosynthetics Pvt Ltd.
- HUESKER Synthetic GmbH
- Polyfabrics Australasia
- CLIMAX SYNTHETICS PVT. LTD.
- Minerals Technologies Inc.
- Wall Tag Pte Ltd.
- terrafix Geosynthetics Inc.
- Layfield Group Limited
- Eurobent Sp z.o.o
- GSE Holding, Inc.
Geosynthetic Clay Liner Market Segmentation:
Segmentation by Application:
- Containment & Wastewater Treatment
- Landfill
- Roadways & Civil Construction
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company’s large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird’s eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
