Geosynthetic Clay Liner (GCL) Market 2019 Overview by Raw Material, Industrial Applications (Construction & Waste Recycling Process), Top Manufacturers & Growth Forecast 2025
Demand On Global Geosynthetic Clay Liner Market Rising awareness towards environmental protection in Construction industry is expected to increase the expenditure on landfill treatment and containment solutions which will remain a favorable factor.
Dallas, United States – March 18, 2019 /MarketersMedia/ —
Adroit Market Research published a study on, “Global Geosynthetic Clay Liner Market Size 2017 By Application (Containment & Waste Water Treatment, Landfill, Roadways & Civil Construction, Others), By Region and Forecast 2018 to 2025”.
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The study encompasses the global geosynthetic clay liner market revenue and volume for a time span between 2015 and 2025. The global geosynthetic clay liner market report covers drivers, restrains, value chain, Porter’s Five Forces analysis, and raw material analysis. The study covers the global geosynthetic clay liner market demand with an in-depth analysis of key regions and countries. It also includes the global geosynthetic clay liner (GCL) market growth for the time period mentioned above. The global geosynthetic clay liner market share for different applications has been provided on a global, regional and country level.
By 2025, the global geosynthetic clay liner market revenue is projected to reach USD 516.7 million as a result of the obligatory use of the material in containment and landfill operations. Rising construction activities in emerging economies coupled with increasing population are rapidly increasing the generation of waste. Owing to this, governing bodies are substituting old-style dumping methods with sustainable alternatives, hence, driving the global geosynthetic clay liner market growth.
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At present, globally generated municipal solid waste (MSW) stands around 1.3 billion tons per day and is estimated to reach 2.2 billion tons per year by 2025. Furthermore, per capita waste generation that stands around 1.2 kg per person in 2017 and is projected to account for 1.42 kg per person in the next 10 to 15 years, influencing the use of hydraulic barriers, typically bentonite and other low permeable materials.
Favorable characteristics of GCL includes an easy installation that reduces the adverse effects of climate on construction quality. GCLs do not weigh as much as traditional compacted clay hence eliminating the need for heavy equipment fleets and excess fuel consumption. GCLs are environmentally friendly and results in low noise and air pollution. These advantages of the materials are expected to drive the global geosynthetic clay liner market demand over the forecast period.
In terms of geographical area, South Asia generates approximately 70 million tons of waste every year with per capita waste averaging nearly 0.45 kg per day. Adding further, Eastern Asia and the Pacific region’s annual waste generation stands around 270 million tons per year with per capita waste averaging nearly 0.95 kg/capita/day.
China is the major influencer behind the waste generation in Asia Pacific and accounts for nearly 70% of the regional total. Thus, Asia Pacific accounts for a major market revenue share in the global geosynthetic clay liner market and China accounting for over 50% of the market revenue and volume share in 2017. In China, the application of GCL in landfill stood around 45% in 2017 and is the fastest growing application over the foreseeable future.
Countries with high income are the key potential geographies for the development of the geosynthetic clay liner market in accordance with the fact that higher the income level and rate of development, the greater is the amount of waste generated. Furthermore, another factor supporting the geosynthetic clay liner market in landfill application is the increasing population. Hence, even if the per capita waste generation is reduced, the sum of overall waste generation is expected to increase. Such circumstances are likely to provide additional growth impetus to the already attractive geosynthetic clay liner industry over the projected period.
Key players present in the global geosynthetic clay liner market include GSE Holdings, Colloid Environmental Technologies Co (CETCO), Climax synthetics Pvt. Ltd., Layfield Group. Ltd., Polyfabrics Australia Pty Ltd, Geosyntec Consultants, Huesker, Terrafix, Gorantla Geosynthetics Private Limited, and GeoTech Systems Ltd.
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Key segments of the global geosynthetic clay liner market
Application Overview, 2015-2025 (USD Billion) (Million square meters)
• Containment & Waste Water Treatment
• Landfill
• Roadways & Civil Construction
• Others
Region Overview, 2015-2025 (USD Billion) (Million square meters)
• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• Australia
• Latin America
• Brazil
• Middle East & Africa
• Saudi Arabia
What does the report include?
• The global geosynthetic clay liner market study provides an in-depth analysis of the application.
• Drivers, restraints, and opportunities for the market have been covered in the study
• The study covers the different aspects of the value chain, Porters Five Forces, and vendor landscape analysis
• The global geosynthetic clay liner market report covers qualitative and quantitative analysis of the market segment on the basis of application
• Historical, current and forecast market data is provided for all the segments on a country basis
• The study includes detailed profiles of key participants of the market based on product offerings, geographical presence, financial performance, and the recent initiatives
About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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