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Geosynthetic Clay Liner Market size is forecast to reach US$612.6 million by 2026, after growing at a CAGR of 5.4% during 2021-2026. Geosynthetic clay liners are used as a lining system for solid waste landfill applications. Geosynthetic clay liners are a composition of geotextiles and bentonite clay that are engineered for a variety of environmental containment applications as well as highway construction, mining, agriculture, wastewater treatment system, and others. Geosynthetic Clay Liners are easy to install as compared to compacted clay. It also includesw hydraulic conductivity and the ability to self-repair any rips or holes caused by the swelling properties of the bentonite clay. Geosynthetic clay liner provides excellent stability for capping operations, easy placement, low cost, and is also used to reduce the different settlements under its ground or on the waste material. Additionally, geosynthetic clay liners are used in waste treatment and water projects which is estimated to grow the market size during the projected era.
Impact of COVID-19
The COVID-19 pandemic has changed the order of the supply chain products. COVID-19 created change in the global market due to the temporary closure of manufacturing plants as well as industries such as construction, mining, agriculture had closed their production activities. Thus, many countries had to shut their expenditure in the construction sector and other sectors, which has created hurdles for the geosynthetic clay liner market.
Geosynthetic Clay Liner Market Segment Analysis – By Product Type
Geomembrane supported GCL product segment held a significant share in the geosynthetic clay liner market in 2020. Geomembrane-supported GCL provides the highest swelling of bentonite clay with the chemical resistance and impermeability of a polyethylene geomembrane. Geomembrane-supported geosynthetic clay liner or geotextiles is used in a bottom-line system to contain fluid in landfills, surface impoundments, keep fluid out in landfill caps, and remediation closure applications. It also increases fluid containment capability and improves slope stability by keeping the bentonite clay dry over most of the area where geomembrane-supported geosynthetic clay liner has been deployed. Hence, this factor is estimated to boost the demand for geomembrane-supported geosynthetic clay liners.
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Geosynthetic Clay Liner Market Segment Analysis – By Application
Landfill liners dominated the geosynthetic clay liner market in 2020 and is growing at a CAGR of 5.6% during 2021-2026 followed by waste treatment due to rising awareness regarding landfill protection in the construction sector. Geosynthetic clay liners are used in containment structures such as dams, canals, rivers, and lakes. Geosynthetic clay liner offers excellent shear resistance and low permeability thus it is used in landfill liner and caps. Also, these liners provide lining solutions and liquid containment in municipal and industrial sectors. Hence, the growing demand for a wastewater treatment system is estimated to grow the consumption of geosynthetic clay liners. According to the Environment Protection Agency of America, the Nation’s wastewater footprint includes over 800,000 miles of public sewers in the region. In 2019, the annual water infrastructure capital investment was US$ 81 billion in America. Hence, the growing water infrastructure is estimated to grow the demand for geosynthetic clay liners.
Geosynthetic Clay Liner Market Segment Analysis – By Geography
Asia Pacific dominated the geosynthetic clay liner market in 2020 with more than the share of 30%, followed by North America due to increasing infrastructural developments and demand for waste management in Asian countries such as India and China. In addition, the growing pharmaceutical industry is estimated to grow the demand for waste treatment system which, in turn, is estimated to increase the demand for geosynthetic clay liners. According to the India brand equity Foundation (IBEF), the Government of India aims to increase healthcare spending to 3% of the Gross Domestic Product (GDP) by 2022 and is planning to increase public health spending to 2.5% of the country’s GDP by 2025. Apart from this, North America is also anticipated to have a significant share in the geosynthetic clay liners market due to the rise in shale gas production in the region. Geosynthetic clay liners are used in the lining system of gas exploration. According to U.S. Energy Information Administration, electric power generated with natural gas is expected to average 36% in 2021 and 35% in 2022. Hence, the growing investment activities are anticipated to create high growth opportunities in the Asia Pacific and North America for geosynthetic clay liners.
Geosynthetic Clay Liner Market Drivers
Increasing Adoption of Geosynthetic Clay Liners for Waste Management
Geosynthetic clay liners play an important role in waste management due to their versatility, cost-effectiveness, ease of installation, and good characterization of their mechanical and hydraulic properties. Geosynthetic clay liners can offer a technical advantage over traditional liner systems or other containment systems. They often have very low hydraulic conductivity to water and relatively low cost, which increases the demand for geosynthetic clay liners in wastewater treatment system. According to the Environment Protection Agency of America, the Nation’s wastewater footprint includes over 500,000 miles of private lateral sewers in North America. Additionally, In 2020, Piscataway Bioenergy Project started with an investment of US$262 million in Maryland to turn sewage wastewater into renewable energy in the United States. Hence, the growing investment for waste management is anticipated to create high growth opportunities for geosynthetic clay liners.
Robust Growth in Oil & Gas Industry is anticipated to grow the Consumption of Geosynthetic Clay Liners
Geosynthetic clay liners are used in upstream oil & gas exploration thus increasing the oil & gas industry is growing the market size. According to the Oil & Natural Gas Corporation (ONGC), in India, crude oil production was 1788.92 TMT in 2020 which is 1.24 higher than in 2019. Additionally, according to India Brand Equity Foundation (IBEF), oil production is expected to rise 36 billion cubic meters (bcm) in 2021. Furthermore, according to the International Monetary Fund (IMF), the crude oil production in United Arabia Emited was 2.78 million barrels per day and is expected to grow 2.85 million barrels per day in 2021 and 2.95 million barrels per day in 2022. Thus, the Gulf of Mexico (GOM), accounts for 15%–16% of crude oil production of the United States. Hence, GOM crude oil production is forecast to reach 1.71 million bpd in 2021 and 1.75 million bpd in 2022. Hence, such production activities are anticipated to boost the geosynthetic clay liners market.
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Geosynthetic Clay Liner Market Challenges
Lack of Availability of Bentonite Clay
The bentonite clay materials are used in the composition of geosynthetic clay liners. During the production of geosynthetic clay liner, a huge amount of bentonites clay materials was wasted because of its placement. Geosynthetic clay liners can be punctured during installation because hydrated bentonite clay has low shear strength. Geosynthetic clay liners are used as environmental protection barriers in transportation facilities or storage tanks, and as single liners for canals, ponds, or surface impoundments but the lack of availability of bentonite may hamper the production of geosynthetic clay liners.
Geosynthetic Clay Liner Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Geosynthetic Clay Liner market. Major players in the Geosynthetic Clay Liner Market include:
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A. Kraft Liner Market
B. Automotive Cylinder Liner Market
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