The global underwater concrete market size is expected to
reach USD 229.80 billion by 2025, according to a new report by Grand View
Research, Inc. Growing adoption of underwater concrete on account of improved
technological efficiency pertaining to the concrete placing is expected to
propel growth.
The demand for the product is
expected to grow on account of the growth in the underwater repairs of the
existing underwater structures. In addition, the development of advanced
admixtures such as superplasticizers and anti-washout admixtures is expected to
translate drive the demand over the next nine years.
The industry exhibits a number of
technological advancements pertaining to the chemicals used for improving and
adjusting the workability, adhesive strength, and setting time of the cement
used in the underwater concrete. In addition, the demand for chemicals such as
carboxylates and cellulose is expected to lead to an increase in the strength
of the concrete, leading to the industry growth.
Rising demand for luxury
amenities in the developed economies is expected to result in an increase in
the construction of swimming pools, which is expected to fuel growth. The
decline in the global price levels of Portland cement is expected to result in
the reduction in the price of the product, leading to market growth.
The industry is characterized by
the presence of dedicated supply chain network among the raw material
suppliers, manufacturers, and construction companies. In addition, the industry
exhibits integration with a majority of manufacturers involved in the
production of raw materials.
Browse full research report on Underwater Concrete Market:
http://www.grandviewresearch.com/industry-analysis/underwater-concrete-market
Further key findings from
the report suggest
- Hydropower energy harnessing constructions accounted
for over 29% of the global consumption volume on account of high
hydropower capacity expansion primarily in Asia Pacific and North America
- The use of admixtures in the product accounted for
over 11% of the market revenue on account of technological developments
leading to the production of advanced admixtures with superior strength,
workability and anti-runoff properties
- The market in China is expected to register a CAGR of
over 9% by revenue, from 2016 to 2025 on account of significant marine
infrastructure developments coupled with the growing adoption of
hydropower as an alternate energy source
- Key companies operating in the industry include
CEMEX, Conmix, Heidelberg among others. The companies in the industry are
involved in mergers, acquisitions and capacity expansions as the major
strategies to increase the market presence and annual revenues
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
Grand View Research has segmented the global underwater
concrete market on the basis of raw material, application, and region:
Raw Material Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
- Admixtures
- Aggregates
- Cement
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
- Hydropower
- Marine
- Shore
protection
- Underwater
repairs
- Tunnels
- Swimming
pools
- Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Spain
- Asia
Pacific
- China
- India
- Japan
- Thailand
- Indonesia
- Vietnam
- Central
& South America
- Brazil
- Middle
East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information:
http://www.grandviewresearch.com
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