Global Pond Liners Market Will Reach USD 2,100 million by 2024: Zion Market Research
According to the report, global pond liners market was valued more than USD 1,000 million in the year 2016 and it is expected to reach approximately USD 2,100 million by 2024. The global pond liners market is expected to exhibit a CAGR of more than 8.5% between 2017 and 2024.
New York, NY, April 16, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Pond Liners Market by Raw Material (Polyvinyl Chloride, Ethylene Propylene Diene Monomer, Butyl Rubber, Polyurea, Polyester, and Polyethylene); by Density of Material (HDPE, LDPE, LLDPE, and Others); by Service (Consulting Services, Deployment and Integration Services, and Support and Maintenance Services); by Manufacturing Method (Extrusion and Calendering), by End-Use Industry (Potable Water, Floating Baffles, Oil Spill Containment, and Others); and for Applications (Waste Management, Water Management, Mining, Tunnel Liners, Coal Ash Containment, Salt Farming, and Others): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”.
According to the report, global pond liners market was valued more than USD 1,000 million in the year 2016 and it is expected to reach approximately USD 2,100 million by 2024. The global pond liners market is expected to exhibit a CAGR of more than 8.5% between 2017 and 2024.
Browse through 38 Tables & 80 Figures spread over 110 Pages and in-depth TOC on "Global Pond Liners Market: Industry Size, Share, Trends and Forecast by 2024”.
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Market Report Highlights:
- Increasing mining activities and growing environmental awareness among end-users are expected to boost the demand for the pond liners during the forecast period.
- Emerging economies such as China, Brazil, and India are expected to experience a significant market growth owing to the increasing environmental concerns and growing government initiatives regarding the same.
- By raw material, polyvinyl chloride (PVC) segment contributed a prominent share in the pond liners market. High resistance, durability, and ease of installation are the factors responsible for significant growth of this segment during the forecast period.
- Based on the density of the material, HDPE holds the prominent share in the global pond liner market. A huge number of applications of HDPE pond liners coupled with high resistance to chemicals, increased flexibility, and easy installation will boost HDPE material segment during the forecast period.
- Deployment and integration services segment contributed the majority of the market share in 2016. The demand for proper deployment and post-installation services to increase the durability of the liners is expected to boost the growth of the segment during the forecast period.
- Extrusion manufacturing method is expected to dominate the pond liner market throughout the forecast period.
- Increasing incidences of oil and grease contamination in water resources are expected to fuel the demand for pond liners from oil spill containment segment.
- Mining holds the significant share of pond liner applications market, owing to increasing use of pond liners to prevent the water bodies and land fields from high contamination and leaching.
- North America holds the dominant position in the global pond liners market with around 35% share in 2017, followed by Europe.
- China and India are some of the leading countries that contribute the majority of the market shares in the Asia Pacific pond liners market owing to the increasing government initiatives for environmental awareness and its protection specifically regarding the high concentration of waste and contaminated water.
- Slow economic growth and low awareness regarding environmental protection in the Middle East & Africa is expected to limit the growth of the market in this region.
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Our research analysts observed that the demand for the pond liners will increase in the coming years. Growing concerns over water conservation are the major factor that will increase the application of pond liners in the artificial water constructions. Garden ponds, golf course lakes, watershed ponds are some type of artificial water constructions that require good maintenance as they are means for enhancing the beauty of the landscape. The farmers and the ranchers also rely on the ponds for the agricultural activities and cannot afford water wastage. Thus, for preventing the seepage of water, home & business owners, as well as farmers, are making wide use pond liners.
The global increase in the water conservation activities is the primary factor that is driving the pond liners market. Increase in the building of the artificial ponds or lakes in the commercial and residential places also contribute to the growth of the market.
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Based on the raw material, polyvinyl chloride (PVC) segment holds the largest share in global pond liners market followed by ethylene propylene diene monomer (EPDM). Polyvinyl chloride (PVC) accounted for a significant market share of above 27% in 2016 due to its cost-effectiveness and tremendous resistance against punctures, scratch, and industrial chemicals. By using polyvinyl chloride (PVC) a wide range of field seaming choices is offered including hot wedge, dialectic processes, chemical, and hot air. Furthermore, additional benefits such as ease of installation and long durability will contribute to the increasing popularity of polyvinyl chloride (PVC) during the forecast period.
By density of materials, HDPE (High-Density Polyethylene) segment anticipates witnessing the highest growth rate during the forecast period. The high-density polyethylene is the most commonly fabricated type of membrane. HDPE is used for high-end applications where there is a requirement for superior chemical and physical properties. LLDPE (Linear Low-Density Polyethylene) held the second largest market share of more than 25% in 2016 in terms of revenue in global pond liners market, owing to its elongation properties.
Browse the full " Pond Liners Market by Raw Material (Polyvinyl Chloride, Ethylene Propylene Diene Monomer, Butyl Rubber, Polyurea, Polyester, and Polyethylene); by Density of Material (HDPE, LDPE, LLDPE, and Others); by Service (Consulting Services, Deployment and Integration Services, and Support and Maintenance Services); by Manufacturing Method (Extrusion and Calendering), by End-Use Industry (Potable Water, Floating Baffles, Oil Spill Containment, and Others); and for Applications (Waste Management, Water Management, Mining, Tunnel Liners, Coal Ash Containment, Salt Farming, and Others): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024" report at https://www.zionmarketresearch.com/report/pond-liners-market
By service type, the deployment and integration services held the largest market share of more than 45% in 2016 in the global pond liners market. As this segment anticipates witnessing the highest CAGR the segment will retain its dominance in the forecast period. However, there will also be an increasing demand for the support and maintenance services owing to the growing need for after installation services in pond liners industry.
The market is growing at a rapid pace in the developing regions. Though North America dominates the pond liners market, Asia Pacific region anticipates having an influential share over the next few years. The increase in the water and waste management activities will propel the growth of pond liners market in the Asia Pacific.
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The major market players in the pond liners market are AGRU, BTL Liners, Carlisle, Emmbi Industries Limited, Firestone, GSE Environmental LLC, HongXiang New Geo-Material Co. Ltd., Huadun Snowflake, HiTech Rubber, Isan Exim Plastomech Private Limited, Laiwu Zhongxing Geotextile, Mono Industries, NAUE, Nylex (Malaysia) Berhad, Officine Maccaferri, PLASTICA KRITIS SA, Reef Industries Inc., Seaman Corporation, Siddhivinayak Plastic Industries, Solmax International, Sotrafa, and Stephans Industries Limited, among others.
The global pond liners market is segmented on the basis of the raw material, the density of the material, services, manufacturing method, end-use industry, applications, and the geographical regions.
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Global Pond Liners Market: Raw Material Segment Analysis
- Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Monomer (EPDM)
- Butyl Rubber
- Polyurea
- Polyester
- Polyethylene
Global Pond Liners Market: Density of Material Segment Analysis
- HDPE
- LDPE
- LLDPE
- Others
Global Pond Liners Market: Service Segment Analysis
- Consulting Services
- Deployment and Integration Services
- Support and Maintenance Services
Global Pond Liners Market: Manufacturing Method Segment Analysis
- Extrusion
- Calendering
Global Pond Liners Market: End-Use Industry Segment Analysis
- Potable Water
- Floating Baffles
- Oil Spill Containment
- Others
Global Pond Liners Market: Application Segment Analysis
- Waste Management
- Water Management
- Mining
- Tunnel Liners
- Coal Ash Containment
- Salt Farming
- Others
Global Pond Liners Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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