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Global Pond Liner Market to Grow at a CAGR of 7.68% During 2022-2027, Aided by the Rising Demand for Pond Liner in Artificial Lakes and Ponds

According to a new report by EMR titled, ‘Global Pond Liner Market Report and Forecast 2022-2027’, the market attained a value of nearly USD 1.51 billion in 2021. The market is further expected to grow at a CAGR of 7.68% between 2022 and 2027 to reach a value of USD 2.35 billion by 2027.

Rising demand for pond liner in artificial lakes and ponds is driving the market. Artificial lakes and ponds enhance the aesthetic appeal of the residential or commercial area and have been gaining great traction since the past few years. In addition to this, the rising disposable income and rising expenditure by occupants towards bolstering the visual appeal of their surrounding area is anticipated to propel the demand for pond liner in the forecast period. Moreover, the rising demand for agricultural pond liner to facilitate salt farming efficiently is likely to provide impetus to the market.

AGRU, one of the leading players in the market, provides its customers with comprehensive range of geomembranes formed of PE, FPO, and FPP. While AGRU's AGRUFLEX tunnel liners facilitate daily mobility, AGRUFLEX pond liners and RELAX pool liners ensure bathing fun. The materials for pond liners include polyvinyl chloride and butyl rubber, among others, and some of the leading butyl rubber manufacturers include Exxon Mobil Corp (NYSE: XOM) and Lanxess AG.

In terms of region, the Asia Pacific is likely to account for a significant share in the market and is anticipated to witness a healthy growth in the forecast period. The stringent government regulations aimed towards conserving water are likely to augment the market in the region. Furthermore, rapid urbanisation and thriving construction sector in countries like India and China are anticipated to boost the demand for pond liner in the forecast period. Furthermore, the growing popularity of aesthetic ponds in commercial areas such as hotels, shopping malls, and offices, among others is anticipated to further augment the market growth in the forecast period.

Market Breakup by Material, Application, End User, and Region:

  • The market is segmented based on material into polyvinyl chloride, butyl rubber, polyester, and polyethylene, among others.
  • The significant applications of pond liner include waste management, water management, tunnel liners, and salt farming, among others.
  • By end user, the market is divided into portable water, and floating baffles, among others.
  • Region-wise, the global market for pond liner can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for pond liner is being driven by the rising demand for the product for various applications, including waste management, water management, and tunnel liners.
  • The thriving salt farming industry is likely to generate a significant demand for pond liner in the forecast period.
  • The stringent government regulations aimed towards conserving water are anticipated to provide impetus to the market.
  • The market is expected to be aided by the rapid urbanisation, increasing standards of living, and growing disposable income in the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for pond liner for the periods (2017-2021) and (2022-2027). 
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the materials, applications, end users, and major regions of pond liner.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global pond liner market are Seaman Corporation, Reef Industries, Inc., Emmbi Industries Limited, AGRU, and Fabric Solutions Australia, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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