Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1806.24 Million | USD 3,804.73 Million | 8.63% | 2023 |
The global Pond Liners Market size was worth around USD 1806.24 Million in 2023 and is predicted to grow to around USD 3,804.73 Million by 2032 with a compound annual growth rate (CAGR) of roughly 8.63% between 2024 and 2032.
The sector devoted to the manufacturing, marketing, and distribution of specialty materials intended for the building and upkeep of reservoirs, ponds, and other water features is known as the "pond liner market." Pond liners are impermeable membranes that are essential in many water containment applications for forming a watertight barrier and stopping seepage and leaks. These liners are essential to maintaining the long-term stability and structural integrity of artificial water bodies, supporting a variety of uses from ornamental backyard ponds to substantial industrial and agricultural reservoirs.
The ability of liners to endure environmental pressures like UV exposure, temperature swings, and physical wear, which guarantees a dependable and long-lasting water containment solution, is what defines quality in the pond liner market. Additionally, premium pond liners have qualities like compatibility with aquatic habitats, flexibility for simple installation, and resilience to punctures. To meet the increasing demand for eco-friendly solutions, manufacturers and suppliers in this market frequently do research and development to improve product performance and sustainability.
The growing applications of the geomembranes are increasing the demand for the pond liners market. Since the pond liners help in preventing the soil erosion and water wastage they are increasingly used in the artificial water constructions. The pond liners are widely used for containment, collection, and the conveyance of drinking water thus driving the growth of pond liners market. Moreover, the pond liners serve better than natural clay liners, when it comes to pond and lagoon liner applications.
Increasing availability of substitutes for pond liners such as geosynthetic clay liner in landfill and lining systems is expected to pose a threat to the pond liner industry. Moreover, the increasing demand for the bituminous membrane in waterproofing and landfill also anticipates arresting the growth of this industry in the near future.
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 such as a 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 the material, the market for HDPE (High-Density Polyethylene) segment is expected to witness the highest growth rate in the forecast period. High-density polyethylene has the modest economic and operational advantages and also has high puncture resistance. The HDPE segment anticipates registering the highest CAGR of around 9.2% over the forecast period. Whereas, 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.
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. This segment anticipates registering a CAGR of more than 9% over the forecast period.
Based on the manufacturing method, the global pond liners market is divided into extrusion and calendaring method. Among them, the extrusion method is expected to dominate the global pond liners market owing to the short production runs and increased flexibility that is provided by this method in comparison with the calendering method. The extrusion manufacturing method held more than 50% of the market share in 2016. It is anticipated that this dominance will be retained in the forecast period.
Oil spill containment is one of the important end-user segments for pond liners. This segment contributed the highest market share of more than 35% in 2016. Increasing concerns regarding the high contamination of water bodies due to oil and other hazardous greasy compounds contribute to the growth of the segment. The oil spill containment segment is anticipated to register a significant CAGR in the forecast period due to the increasing mining industry activities. Among the other end-user industries, potable water segment anticipates growing significantly over the forecast period.
By application, the mining segment attributes to contribute a significant share in the pond liners market owing to the increased applications of the pond liners in leach pads, tailing dams, etc. The mining segment contributed a major market share of more than 28% in 2016 and is also expected to register the highest CAGR in the forecast period. The waste management segment also attributes to growing at a rapid rate in the forecast period with a CAGR of more than 9%.
North America dominated the pond liners market with a significant share of around 35% in 2016. The increasing adoption of the pond liners in the mining and the oil industry in the region contributes to the growth of the market. The market is growing at a rapid pace in the developing regions. Asia Pacific region is expected to register the highest CAGR from 2017 to 2024 owing to the increasing environmental awareness, water management activities, and increasing government initiatives for the waste management will propel positively the market growth.
The report includes detailed profiles of the prominent market players that are trending in the market. The list of the players that are compiled in the report include 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, Stephans Industries Limited, and much more.
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions. In March 2017, Emmbi Industries Limited launched Jalasanchay Brand pond liners for storing water at its newly acquired and furbished manufacturing facility at Silvassa.
Pond liners market: Report Scope
Report Attributes | Report Details |
---|---|
Report Name | Pond Liners Market Size Report |
Market Size in 2023 | USD 1806.24 Million |
Market Forecast in 2032 | USD 3,804.73 Million |
Growth Rate | CAGR of 8.63% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | 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, Stephans Industries Limited, and much more. |
Segments Covered | By Raw Material ,By Density Of Material, By Service,By Manufacturing Method, By end-user, and By region |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
By Raw Material
By Material Density
By Service
By Manufacturing Method
By End-User
By Application
By Region
FrequentlyAsked Questions
The global Pond Liners Market size was worth around USD 1806.24 Million in 2023 and is predicted to grow to around USD 3,804.73 Million by 2032
compound annual growth rate (CAGR) of roughly 8.63% between 2024 and 2032.
The largest share of the Pond Liners Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
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, Stephans Industries Limited, and much more.
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