The global geosynthetic clay liner market size is expected to gain momentum during the forecast period. This is attributable to the growing mining and construction activities that propel the demand for geosynthetic clay liner globally. This information is published by Fortune Business Insights, in its upcoming report, titled, “Geosynthetic Clay Liner Market Size, Share & Industry Analysis, By Raw Material (Polypropylene, Bentonite), By Application (Containment & Waste Water Treatment, Landfill, Energy, Roadways & Civil Construction, Others) and Regional Forecast, 2021-2028.”

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A geosynthetic clay liner act as hydraulic barrier to leachate, liquids, and water and is a relatively thin layer of processed bentonite clay. They are generally fixed between two sheets of geotextile or bonded to a geomembrane. Apart from acting as a barrier, they are widely adopted for their efficient functioning such as reinforcement, filtration, drainage, separation, and stiffening of roadways in the construction industry.

What does the Report Include?

The global market for geosynthetic clay liner report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides a comprehensive research into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.

DRIVING FACTORS

Increasing Mining Activities to Spur Demand

According to the data by UNICEF, it is estimated that there are about 110 million land-mines across 64 nations globally. The mining sector is one of the integral parts of the global economy. The lucrative opportunity provided by the mining sector is leading to the increasing mining activities worldwide. For instance, the U.S. Geological Survey reports that in 2018 about USD 82.2 billion worth of nonfuel minerals were extracted from the mines in the U.S. The growing focus on mining activities aids in the adoption of geosynthetic clay liner products owing to their excellent properties such as providing hydraulic barriers. This is anticipated to favor the global geosynthetic clay liner market growth during the forecast period.

REGIONAL INSIGHTS

Presence of Established Companies in Asia-Pacific to Augment Growth

Among all the regions, Asia-Pacific is expected to hold the highest position in the global geosynthetic clay liner market during the forecast period. This is ascribable to factors such as the presence of established players that are primarily focusing on developing innovative geosynthetic clay liner products in countries such as India and China in the region.

The market in North America is expected to experience a substantial growth owing to the increasing production of shale gas that leads to growing exploration activities, while promoting the adoption of geosynthetic clay liners in countries such as the U.S. and Canada in the region between 2019 and 2026.

COMPETITIVE LANDSCAPE

GSE Holdings and CETCO Focus on Introduction of Novel Products to Strengthen Their Market Positions and Boost Sales Revenue

The global geosynthetic clay liner market is fragmented by the presence of major companies such as CETCO, GSE Holdings, and others. These companies are actively focusing on developing advanced geosynthetic clay liner products to boost their sales revenue and gain a competitive edge over their rivals in the fiercely competitive global marketplace.

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Industry Development:

  • February 2020 – Colloid Environmental Technologies Company (CETCO) announced the launch of geosynthetic clay linear, BENTOMAT DN-HS. According to the company, the huge production activities are expected to amplify its position in the global marketplace.

List of the Companies Operating in the Global Market for Geosynthetic Clay Liner Market:

  • Nilex Inc.
  • GSE Holdings
  • CETCO
  • Layfield Group Ltd.
  • Terrafix Geosynthetics Inc.
  • GEOFABRICS
  • Global Synthetics
  • Geotech Systems
  • Huesker
  • Wall Tag Pte Ltd

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