Press release
Global Pond Liners Market Will Surge to USD 2,803 Million By 2027
Pond Liners Market
Pond liner is a non-permeable geomembrane that is used for liquid retention including reservoir lining along with the lining of garden ponds, human-made streams in gardens & parks. The product is also used for lining hazardous & non-harmful surface impoundments and retention basins. These products are either produced in rolls or accordion-folded on pallets.
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Growing concerns pertaining to water preservation will drive business trends
The growth of the market during the forecast timeline is owing to the growing scarcity of water resulting in the greater necessity to conserve water in the water bodies like tanks, ponds, and reservoirs.
Moreover, the growing use of pond liners in waste management, salt farming, water management, coal ash containment, and mining are expected to steer the expansion of pond liners industry during the forecast timeframe. Nevertheless, oscillations in the raw material costs will hamper the expansion of the market over the forecast period. In addition to this, the easy availability of substitute products like geosynthetic clay liner & landfills is predicted to further condense the growth of the market during the forecast timeline. However, the production of eco-friendly pond liners will offer new growth avenues to the market players and will help in minimizing the negative repercussions on the market growth over 2019-2027.
Potable water to lead the end-use industry segment by 2027
The growth of the segment during the forecast timeline is owing to the escalating need for potable water with a growing global population. Moreover, escalating demand for potable water in farming & irrigation will further steer the segmental growth.
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Polyvinyl Chloride (PVC) to dominate the raw material segment in terms of value
The segmental growth during the forecast period is attributed to the massive use of PVC sheets in pond liners as a result of its cost-effectiveness, flexibility, waterproofing ability, and easy availability. Apart from this, these products have the ability to adapt to the pond shape and hence have gained immense popularity across the globe.
Asia Pacific market to register highest CAGR over the forecast period
The market in the Asia Pacific zone is set to record the highest growth rate of more than 9% during the timespan from 2019 to 2027. The growth of the market in the region is due to the launching of new technologies along with an increase in the number of construction activities in the region. Apart from this, rapid urbanization and rapidly altering trends in the building & construction sector will impel the demand for pond liners in the Asia Pacific. In addition to this, the need for conserving water to fulfill the need for water in the densely populated economies like India and China will further boost the regional market growth trends.
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Some of the major players in the business include Officine Maccaferri, Nylex (Malaysia) Berhad,AGRU, HiTech Rubber, Carlisle, Emmbi Industries Limited, Laiwu Zhongxing Geotextile, PLASTICA KRITIS SA, Huadun Snowflake, NAUE, Firestone, GSE Environmental LLC, Reef Industries Inc., BTL Liners, HongXiang New Geo-Material Co. Ltd, Isan Exim Plastomech Private Limited, JUTA, Mono Industries, and Seaman Corporation.
This report segments the Pond Liners market as follows:
Pond Liners Market: By Raw Material Analysis
Polyvinyl Chloride (PVC)
Polyester, Polyurea
Ethylene Propylene Diene Monomer (EPDM)
Polyethylene
Butyl Rubber
Pond Liners Market: By Density of Material Analysis
LLDPE
HDPE
LDPE
Pond Liners Market: By Service Analysis
Consulting Services
Support & Maintenance Services
Deployment & Integration Services
Pond Liners Market: By Manufacturing Method Analysis
Extrusion
Calendering
Pond Liners Market: By End-Use Industry Analysis
Portable Water
Oil Spill Containment
Floating Baffles
Pond Liners Market: By Application Analysis
Waste Management
Salt Farming
Water Management
Coal Ash Containment
Mining
Tunnel Liners
Pond Liners Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
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