A geosynthetic clay liner is a material similar to fabric, which is used as a hydraulic barrier. A geosynthetic clay liner consists of two layers of textiles joined with bentonite clay, which are largely employed for the lining of landfills. A geosynthetic clay liner has characteristics such as self-sealing properties and chemical resistance.
Geosynthetic Clay Liner Market: Trends & Developments
Demand for geosynthetic clay liners has been increasing due to the rise in investments in the construction sector and infrastructure development activities in China, India, and Middle East & Africa in the light of government initiatives to boost the domestic production. Moreover, the rapid growth of the mining sector and supportive government frames for the sector in China, India, Australia, Chile, and Peru led by increasing investments in the mining process are key factors driving the geosynthetic clay liner market in these countries. However, clogging issues related to geotextiles, wherein geosynthetic clay liners are used, restrict the market. Additionally, fluctuations in raw material costs led by uncertainty in crude oil prices restrains the market. Furthermore, the increasing trend of using bio-based polymers led by concerns about GHG emissions is projected to create lucrative opportunities for the geosynthetic clay liner market during the forecast period.
Geosynthetic Clay Liner Market: Segmentation
The geosynthetic clay liner market can be classified based on raw material and application. In terms of raw material, the market can be bifurcated into polypropylene and bentonite. In terms of application, the geosynthetic clay liner market can be divided into containment & wastewater treatment system, landfill, energy, roadways & civil construction, and others. Rise in the demand for geosynthetic clay liners for use in landfills is anticipated to boost the landfill segment in the near future. The significance initiatives taken government for waste management, and disposable practices to control the negative impacts over environment is anticipated to promote the use of geosynthetic clay liners in landfill applications in the near future.
Geosynthetic Clay Liner Market: Regional Outlook
Based on region, the global geosynthetic clay liner market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The geosynthetic clay liner market in Asia Pacific is anticipated to expand at a rapid pace due to presence of a large number of mining companies in China, India, and Australia. Additionally, abundant availability of minerals in the region is expected to boost the market in the region during the forecast period. The market in North America is anticipated to expand at a rapid pace from 2018 to 2026, due to rise in shale gas production in North America. Rise in shale gas production propels the demand for hydraulic fracturing in wastewater treatment. This, in turn, is anticipated to drive the market in the region during the forecast period. The geosynthetic clay liner market in Latin America is projected to expand at a substantial pace in the near future, owing to government initiatives to promote infrastructure development in industries such as energy, mining, urban development, transportation, and health care. Development of infrastructure in South Africa drives the market for geosynthetic clay liner in Middle East & Africa.
Global Geosynthetic Clay Liner Market: Key Players
Key players operating in the global geosynthetic clay liner market are Nilex Inc., GSE Holdings, CETCO, Layfield Group Ltd., Terrafix Geosynthetics Inc., GEOFABRICS, Global Synthetics, Geotech Systems, Huesker, and Wall Tag Pte Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.