Lining Industry Size, Share, Demand & Growth by 2034
The market size of lining is estimated to reach USD 4975.8 million in 2024 and grow at a
CAGR of 4% from 2024 to 2034. The global sales of this rare metal are projected to
reach USD 7365.4 million by 2034. Increased demand is driven by rising infrastructure
development activities across the globe.
The lining industry is expected to experience steady growth in the second half of 2024 due to
a strengthening economy, regulatory obligations, and increased investments in infrastructural
projects. Advancements in materials science and manufacturing technology, such as
nanotechnology and composite materials, have enhanced resistance against harsh chemicals,
high temperatures, and mechanical stresses. Consumers are also increasingly seeking ecofriendly liner options, reducing carbon footprints and supporting a circular economy through
recycling or re-use.
Sustainable materials are sought after for the ability to protect equipment, structures, and
transport vessels from corrosion, abrasion, and chemical aggression. Factors like currency
exchange rates and raw material prices influence production costs. The booming automotive
industry in the Asia Pacific also drives the lining market for sound insulation and heat
protection applications.
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Key Takeaways from the Market Report

The lining market is set to reach USD 7365.4 million by 2034 with a CAGR of 4%.

By product type, polymer is leading the lining market with a value share of 1% in
2024.

Based on the end-use industry, the oil and gas segment accounted for a market share
of 3% in 2024.

India is estimated to record a CAGR of 6% between 2034 and 2034.

China will likely hold a dominant position and show steady growth at a CAGR
of 5% by 2034.
“The demand for lining materials is increasing due to ongoing economic activities,
industrial expansion, and infrastructure development,” says a lead analyst at Future Market
Insights (FMI).
Who’s Winning?
Companies like Hempel A/S, Akzo Nobel N.V., Polycorp Ltd., and Teknos Group are
developing lightweight linings for automotive or aeronautical applications. Players in the
lining industry are focusing on green materials, creating high-class interiors with thermal
insulation, chemical resistance, fire resistance, and self-sealing capabilities.
A few companies are offering customized items, competitive pricing, and sustainable
practices to attract eco-conscious consumers. Regular investments in research and
development are attracting new opportunities and refining existing models. Companies are
also targeting various end-use industries and building brand recognition.
Industry Updates

BioPak, headquartered in Bondi Junction, in June 2024, announced the launch of a
single-use packaging lining that would revolutionize the home-compostable cup
industry.

Bio-Gate AG, headquartered in Nuremberg, in May 2023, in collaboration
with OSSIS Ltd., announced the launch of HyProtect Coating.
Get More Insights into the Lining Market Report
In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the lining
market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024
to 2034. To understand the industry potential, growth, and scope, the industry is segmented
based on product type (polymer, rubber, ceramic, and carbon brick line, and tile lining),
chemistry (solvent-borne, waterborne, and powder), end-use (marine, oil and gas,
construction, power generation, chemical industry, automotive, mining and metal processing,
and others), and region (North America, Latin America, Western Europe, South Asia, East
Asia, Eastern Europe, and the Middle East and Africa).
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
driving factors that are boosting demand in the market. FMI stands as the leading global
provider of market intelligence, advisory services, consulting, and events for the Packaging,
Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.
With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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