The global pond liners market size was US$ 1.5 billion in 2021. The global pond liners market is forecast to grow to US$ 3.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 10.1% during the forecast period from 2022 to 2030.
Pond liner is specifically used to halt water loss. This material is used in lining gardens, pools, and artificial streams. High-density polyethylene (HDPE), polyvinyl chloride (PVC), and ethylene propylene diene monomer (EPDM) are some of the materials widely used in the manufacturing of pond liners.
Factors Influencing the Market
The rapidly increasing demand for water conservation and safety is driving the growth of the global pond liners market. Further, a rapid rise in the rate of population and availability of a limited amount of freshwater is also driving the growth of the global pond liners market.
Pond liners are widely used in agriculture, gardens, parks, and wildlife. The growing number of agricultural activities will fuel the growth of the global pond liners market during the study period.
The growing number of construction projects for the development of artificial ponds and lakes will also escalate the growth of the global pond liners market. On the contrary, the availability of a wide range of alternatives will limit the growth of the overall market during the study period.
COVID-19 Impact Analysis
Due to the COVID-19 pandemic, government investments in construction projects were reduced. Therefore, it hampered the growth of the global pond liners market. The market also witnessed manufacturing disruptions due to the sudden shortage of laborers and raw materials. Agricultural activities also experienced various challenges associated with raw materials. However, the pond liners market recorded steady growth in the agriculture sector.
Regional Analysis
North America is forecast to dominate the global pond liners market, owing to the rising demand for water treatment systems from the residential sector. In addition, initiatives toward water conservation are growing in the region due to water scarcity. As a result, it will offer lucrative growth opportunities for the global pond liners market. Further, the growing number of agricultural activities in Asia-Pacific will be opportunistic for the global pond liners market. Demand for fresh water and rising investments by governments in the region for infrastructural development will also contribute to the growth of the pond liners market during the study period.
Competitors in the Market
AGRU
BTL Liners
Carlisle
Emmbi Industries Limited
Firestone
GSE Environmental LLC
HongXiang New Geo-Material Co. Ltd.
Huadun Snowflake
Stephens Industries Ltd.
Western Environmental Liner
Reef Industries Inc
Other Prominent Players
Market Segmentation
The global pond liners market segmentation focuses on Raw Material, Application, End-User, and Region.
By Raw Material
Polyvinyl Chloride (PVC)
Polyester
Polyurea
Ethylene Propylene Diene Monomer (EPDM)
Polyethylene
Butyl Rubber
By Application
Waste Management
Water Management
Mining
Tunnel Liners
Coal Ash Containment
Salt Farming
Others
By End-User
Potable Water
Floating Baffles
Oil Spill Containment
By Region
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America