Global Geosynthetic Clay Liner Market is anticipated to reach USD 488.2 million by 2022. Geosynthetic clay liners are mixtures that comprise two layers of geotextiles that enclose a layer of sodium bentonite. The factors that propel the growth of the geosynthetic clay liner market include increasing demand for geosynthetic clay liner, rising spending for infrastructure development in India, China and Middle East nations, and rising consciousness regarding acceptance of eco-friendly products. On the other hand, there are factors that may hamper the growth of the market including fluctuating prices of raw materials.
Geosynthetic clay liner industry is anticipated to grow at a significant CAGR of 4% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Increasing consciousness regarding acceptance of eco-friendly products has led to the growth of environmental-friendly products in the geosynthetic clay liners market, that is also one of the constant key trends in the geosynthetic clay liners.
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Geosynthetic clay liner industry may be explored by type, application, and geography. The market may be explored by type as Bentonite Fluid Loss, Bentonite Swell Index1, Bentonite Mass/Area2, GCL Peel Strength3, GCL Grab Strength3, GCL Hydrated Internal Shear Strength5, GCL Hydraulic Conductivity4 and GCL Index Flux4.The “GCL” segment led the geosynthetic clay liner market in 2015 and is anticipated to maintain its dominance by 2022.
The key applications that could be explored in the geosynthetic clay liner industry include Roadways & Civil Construction Landfill, and Containment & Wastewater Treatment. The “Roadways & Civil Construction Landfill” segment led the market of geosynthetic clay liner in 2015 and is anticipated to maintain its dominance by 2022.
Asia-Pacific accounted for the major market share of the geosynthetic clay liner in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising construction activity along with significant infrastructural investments in several countries of the region, including India and China, and rising consciousness regarding safe disposing practices. Asia-Pacific is followed by North American region.
Some of the key players that fuel the growth of the geosynthetic clay liners industry comprise CETCO, Nilex Inc., GSE Holdings, Terrafix Geosynthetics Inc., Layfield Group Ltd., Global Synthetics, GEOFABRICS, Wall Tag Pte Ltd and Geotech Systems Limited. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 - 2022)
- Containment & Wastewater Treatment
- Roadways & Civil Construction
Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 - 2022)
- North America
- Asia Pacific
- Latin America
- Saudi Arabia