Globally, the geosynthetic clay liners market is expected to witness exceptional growth over the forecast period through 2030, by virtue of increasing climate change concerns and profound apprehensions regarding waste management.
Geosynthetic clay liners are used in a wide variety of applications, such as landfills, mining, construction, etc., which require seepage and water contamination control to prevent ecological or environmental problems. Asia Pacific, followed by North America and Europe, are key markets for geosynthetic clay liners.
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Continuous increment in R&D spending pertaining to the efficiency and safety of geosynthetic clay liners by improving their chemical and physical properties has been the pivot point for manufacturers. This increased spending will be compensated by the use of geosynthetic clay liners across numerous applications where they had not been used before, with fabric-encased GCL being most sought-after.
Key Takeaways from Geosynthetic Clay Liners Market Study
- The global geosynthetic clay liners market was badly hit by the COVID-19 pandemic, experience a negative growth rate of -4.3% in 2020. However, things look good ahead in the long run, and the market is anticipated to add 2X value by 2030.
- Landfill use of geosynthetic clay liners is estimated to grow at an impressive rate of 7.5% over the decade.
- East Asia is the principal GCL market with a value of US$ 94.7 Mn in 2019, and is set to surge at a spirited CAGR of over 8% over the forecast period.
- Mining use of geosynthetic clay liners is set observe a high growth rate of around 8% through 2030.
- The regions of North America and South Asia & Oceania are projected to witness lucrative growth opportunities (6.4% and 8.6%, respectively), owing to increasing demand from the mining and construction sector.
- By technology, reinforced geosynthetic clay liners are prominent in terms of value, holding a handsome value of US$ 193.9 Mn in 2019, whilst composite laminate GCL will extend its market share by 1.9X over the decade.
- The markets in China and India are expected to surge at 8.9% and 0.4% CAGRs, respectively.
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Key Segments Covered of Geosynthetic Clay Liners Market
Product Type
- Fabric-encased
- Geomembrane-supported
Technology
- Reinforced
- Non-reinforced
- Composite Laminate
Application
- Landfills
- Mining
- Ponds
- Construction
- Fuel spillage containment
- Others
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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How will Custom Coating of Geosynthetic Clay Liners Impact Demand?
Custom-coated GCL refers to customized offerings by companies by coating GCL with chemical as well as physical property enhancers, to boost the quality of the product.
Numerous companies have started customizing their existing GCL lineup of products, so as to provide tailor-made application-oriented products to different clients.
- For instance, NAUE group has customized the Bentofix product to come out with the extra polyethylene-coated product Bentofix X, with improved extrusion resistance.
- Similarly, in 2019, Cetco launched a new class of universal Resitex, which is a polymer-modified GCL with improved resistance to calcium chloride and high-strength leachates.
- Moreover, Agru America’s GeoClay NN66E is a similar modification with a propriety blend of polymer additives to improve its shear strength and provide extra protection in harsh environments, specifically for moderate to steep slopes
For More Insights- https://www.einpresswire.com/article/556864747/high-application-potential-of-technical-grade-benzaldehyde-is-also-identified-in-pharmaceutical-industry-says-fact-mr
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