- The worldwide geosynthetic clay liner market is estimated to experience considerable expansion in the forecast period. This is on account of the usage of geosynthetic clay liners (GCLs) in civil engineering. The market was expected to be more than 6, 000 million square meters in 2014. It will grow at over 8 percent CAGR during 2015 to 2022. Augmenting consciousness towards ecological safety in different nations would open market possibilities in the years ahead.
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Geosynthetic clay liners, also referred to as clay blankets, are textile-like materials mainly utilized for the lining of landfills. They are hydraulic barriers containing two or more geosynthetic layers. Outstanding features of GCL such as strong resistance to chemicals and self-sealing are going to provide the geosynthetic clay liner market a unique edge over the others in the forecast period. Cost-efficiency of GCLs in comparison to meats and fibers is also predicted to steer market incomes.
In addition, governmental regulations regarding geosynthetic applications will drive market sales in the coming seven years. The other benefits of GCLs include simple and quick installation, and low hydraulic conductivity. These benefits augur well for the market and have a positive impact on the same. GCLs also provide defense from ultraviolet rays and resistance to chemicals for dangerous solid landfills. This is projected to drive the geosynthetic clay liner market ahead.
Rising use of GCLs in soil reinforcement and erosion management will also propel market revenues in the forecast period. Boosting demand for sanitized water in residential and manufacturing sectors would open new horizons for the market and its players. Demand for GCLs in water storage and onsite water treatment amenities is also estimated to boost the geosynthetic clay liner market in the seven years ahead.
Developing regions will undergo energy usage and soil exploration. Both these factors would contribute added demand. Asia Pacific is anticipated to be the biggest market due to huge investments in water administration. Indonesia, China, India, South Korea, and Malaysia are spending intensely in building and ecological undertakings. This is propelling demand for the Asian Pacific geosynthetic clay liner market. North America will witness significant growth in the future.
Information Source: Grand View Research
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