Global Geosynthetic Clay Liner Market size was 118.0 million square meters in 2014 and is expected to witness considerable growth on account of increasing awareness regarding landfill protection in construction and mining sectors.
Geosynthetic clay liners is a fabric-like material which acts as a hydraulic barrier consisting of two layers of textiles, connected by bentonite clay, primarily employed for the lining of landfills. The product possesses exceptional characteristics such as excellent chemical-resistance and self-sealing property which are not found in conventional bottom liners.
Increasing expenditure for infrastructure development in China, India, and Middle East countries in light of regulatory initiatives to enhance domestic output is expected to play an important role in amplifying market demand. Moreover, positive mining sector outlook in China, Australia, Chile, and Peru in light of new investments by mineral processors including BHP is expected to incorporate the use of geosynthetic products in landfill and containment applications.
Clogging issues associated with geotextiles, in which geosynthetic clay liners are used, are likely to pose a challenging threat for the market in the near future. Raw material accounts for 65% of the variable cost of the product. This cost fluctuates on the basis of changes in prices of crude oil in commodity exchanges such as New York Mercantile Exchange (NYMEX).
Rising importance of bio-based polymers in light of growing concerns over reducing greenhouse gas emissions is anticipated to force raw material suppliers to increase expenditure for the development of new products including bio-ethylene and bio-polypropylene.
U.S. Geosynthetic Clay Liner Market, by Application, 2012 - 2022 (Million Square Meters)
Landfill was the largest application segment, accounting for over 40% of the global volume in 2014. Regulatory bodies including the EPA and European Commission have framed a stringent framework, aimed at mandating the use of waste management and disposal practices to control environmental pollution in the mining industry. These regulations are expected to promote the application of geosynthetic clay liners in landfill applications over the next seven years.
Containment & wastewater treatment is expected to witness growth, in terms of volume, at a CAGR of 4.4% from 2015 to 2022. Geosynthetic clay liners are used for liquid containment and lining solution in municipal and industrial applications on account of good shear resistance and low permeability. The product is also used as a containment solution in coal ash disposal facilities, golf course ponds, shale gas production and recreational ponds.
Asia Pacific was the largest market, accounting for over 30% of the global volume in 2014. The presence of a large number of mining companies in China and Australia in light of the abundant availability of minerals is expected to play a crucial role in increasing geosynthetic clay liners demand.
North America Geosynthetic Clay Liner Market was estimated over 30 million square meters in 2014. Rising shale gas production in the U.S. and Canada in light of increasing expenditure for hydraulic fracturing is anticipated to fuel demand in wastewater treatment.
In April 2014, the government of Mexico announced the National Infrastructure Plan (2014-18) with an investment of USD 587 billion. Under the program, the government announced an investment of USD 590 billion over a period of four years for infrastructure improvement in energy, urban development, transportation, communication, and healthcare sectors at the domestic level. This plan may open new industry avenues in the near future.
In 2012, the African Union Commission framed the North-South Corridor and the SADC Infrastructure Master Plan intended for promoting infrastructure development in countries including South Africa and Tanzania. These developments in Africa are expected to increase the products’ market penetration in the road and building construction over the next seven years.
The global market is dominated by geosynthetics manufacturers, which are focusing majorly on geotextile and geomembranes on account of application growth in soil reinforcement and waste water treatment. Establishment of partnerships with textile manufacturers and lining system installers is anticipated to remain a critical success factor for manufacturers.
Key companies include GSE Holdings, CETCO, Huesker, Terrafix, Climax, Wall Tag and Layfield. In July 2014, CETCO launched a line of innovative clay liners products under the brand name, Resistex and Resistex Plus, catering to clients on a global scale. New product innovation aimed for incorporation of eco-friendly and light weight materials is expected to remain critical success factor for industry participants.
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