Underwater Concrete Market Professional Survey And Future Industry Trends In 2025
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The demand of high strength raw materials such as admixtures, cement, sealants, and adhesives in the construction industry coupled with a large presence of concrete contractors and manufacturers in developing nations such as India and China are anticipated to drive the expansion of the market during the forecast period.
In terms of raw materials, the global underwater concrete market can be segmented into admixtures, cement, aggregates, and others. The aggregates raw materials segment held a prominent share of the underwater concrete market in 2016, which can be attributed to the superior binding properties of the aggregates. Furthermore, the increasing usage of recycled aggregates in addition to natural aggregates is estimated to boost the expansion of the market for the segment during the forecast period. The cement raw material segment also held a considerable share of the underwater concrete market in 2016. The development of Portland cement is a key driver for this segment. The advanced cement has improved properties which have aided in a hassle-free placement of cement with the help of anti-washout technology. Admixtures and others raw materials segments are projected to expand consistently during the forecast period.
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In terms of applications, the global underwater concrete market can be segmented into hydro projects, marine, underwater repairs, tunnels, swimming pools, and others. Demand for concrete in hydro projects such as the construction of hydropower generations plants has been significant in the last few years. Demand is projected to rise on account of increasing efforts by national governments toward the development and adoption of renewable and clean hydro energy. Demand for concrete in the construction, repair, and maintenance of marine structures such as dams and foundations of bridges has also been considerable in 2016.
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