Global Floating Covers market, which accrued proceeds worth 895.25 (USD Million) in 2019, is set to record the CAGR of nearly 5.2% over the period from 2020 to 2026.
New York, United States - November 3, 2020 /MarketersMedia/ —
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.
Get Access to the FREE sample report @ https://www.zionmarketresearch.com/sample/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.
The global floating covers market is segmented as follows:
Based on the type:
Linear Low-Density Polyethylene (LLDPE)
High-Density Polyethylene (HDPE)
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Others
Based on the applications:
Mining
Waste Water Treatment
Agriculture
Chemical Treatment
Food Processing
Others
Based on the region:
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Browse TOC of this Report @ https://www.zionmarketresearch.com/toc/floating-covers-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Info:
Name: Joel John
Email: Send Email
Organization: Zion Market Research
Address: 244 Fifth Avenue, Suite N202
Phone: +1-855-465-465
Website: https://www.zionmarketresearch.com/
Source: MarketersMedia
Release ID: 88984105
