24-Jul-2020 | Zion Market Research
According to analysts at Zion Market Research, the augmenting adoption of floating covers for different applications is anticipated to shoot up the development of the floating covers market, in the forecasted period. The global revenue generated from the floating covers market is projected to be around US$895.25 million in 2019 and is estimated to surge at a CAGR of 5.2% in terms of value in the forecast period. The floating covers are geosynthetic covers positioned over above-ground reservoirs to aid in preventing pollution of stored liquid from outer surface sources like animal waste, which can decrease water portability, prevent nasty odors, evaporation of the contained liquid, and decrease the release of volatile organic compounds.
Some of the key players in the market are GSE Environmental, Inc., Cooley Group, Royal TenCate, Raven Industries Inc., Nilex Inc., Industrial & Environmental Concepts, Inc., Aquatan (Pty) Ltd, Hexa-Cover A/S, FLI France SAS, and Advanced Water Treatment Technologies.
Rising Concerns About Water Storage & Prevention To Spur The Global Floating Covers Market
The rapid growth of the floating covers market is owing to their exceptional properties. Higher UV resistance, lightweight, durability, economical nature, strength, and strong yet supple nature make them perfect for different applications. This aspect is expected to boost up the development of the worldwide floating covers market in the forecasted period. The floating covers are used globally to guard water from evaporation, algae, odor, or any other external infectivity. A number of users believe floating covers to be the ideal solution for water prevention. This aspect is anticipated to boost the development of the global floating covers market in the forecasted period. The inconceivable quantity of industrial wastewater produced everyday requires being stored correctly for treatment. Therefore, the wide-ranging usage of floating covers for wastewater or liquid treatment is likely to boost the growth of the global floating covers market.
The global floating covers market is divided based on the type, applications, and geographical analysis. On the account of the type, the market is divided into high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), polypropylene (PP), polyvinyl chloride (PVC), and others. The plastic material, chiefly LLDPE, HDPE, PVC, and PP utilized for the manufacturing of floating covers need years to biodegrade, which is considered as a foremost restraint for the floating covers market. After exposed to sunlight, polyethylene chains develop into more fragile and then microscopic granules, which could also impact the terrestrial and marine environments and might pose a peril of infiltration of plastic particles throughout marine food. On the account of the applications, the market is divided into mining, waste water treatment, agriculture, chemical treatment, food processing, and others.
Browse the full “Floating Covers Market - By Type (Linear Low-Density Polyethylene, High-Density Polyethylene, Polyvinyl Chloride, Polypropylene, and Others), By Applications (Mining, Waste Water Treatment, Agriculture, Chemical Treatment, Food Processing, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 –2026.” Report at https://www.zionmarketresearch.com/report/floating-covers-market
The global floating covers market is segmented as follows:
Based on the type:
Based on the applications:
Based on the region:
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