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UK Containment Barrier Market Size to reach $370.2 Million by 2028, registering a CAGR of 2.6% from 2021 to 2028

05-25-2021 01:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

UK Containment Barrier Market Size to reach $370.2 Million

The UK containment barrier market size was valued at $297.7 million in 2020, and is projected to reach $370.2 million by 2028, registering a CAGR of 2.6% from 2021 to 2028. The UK containment barrier market was 1,324 thousand meters in 2020, and is projected to reach 1,608 thousand meters by 2028, registering a CAGR of 2.4% from 2021 to 2028.

The COVID 19 outbreak has affected the growth of the containment barrier industry owing to the lockdown measure in UK and delay in manufacturing and production of containment barrier which are utilized in industrial, residential, and commercial spaces.

The containment barriers are an essential component that ensure safety solutions on roadways, airports, residential lanes, commercial buildings, railways, and others. They are installed to effectively manage vehicles and minimize the possibilities of vehicle intrusions. They are used in commercial infrastructures such as corporate and institutional buildings, complexes, and residential areas. The UK containment barrier market is expected to witness significant growth, owing to implementation of various technologies, modification of transport infrastructure, and development of commercial real estate. These crash barriers are installed on roadways, airports, and railways to accurately redirect the vehicles and pedestrians along proper routes.

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Investments in roadway, railway, and other constructions may generate the need for the application of containment barrier systems in the UK. Roadways construction, such as roads, highways, and bridges, requires containment crash barrier systems to reduce the frequency of road mishaps. Building new railway infrastructure is expected to create the need for containment barrier. Thus, expansion and modification of these modes of transportation are expected to boost the UK containment barrier market growth. Furthermore, highway authorities in the UK have imposed regulations to install crash barriers along highways; thus, supplementing the market growth. Increase in investments in commercial infrastructure are expected to create the need for road safety management solutions such as entry and exit, vehicle parking areas, and pedestrian safety, which use containment barrier systems.

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Furthermore, manufacturers are also emphasizing on installing advance technology crash barriers for improving the security and reducing the crash impact. For instance, in May 2019, Delta Scientific developed self-contained MP5000 mobile deployable vehicle crash barriers, which can stop vehicle up to 7.5 tons travelling at 64 kph. Similarly, in September 2019, Traffic Tech developed intelligent automated crash barriers for highways, bridge, tunnel, and traffic diversion applications. These factors are anticipated to create lucrative growth opportunities for the players in the UK containment barrier market.

However, containment barrier requires high maintenance and repair costs post any crash impact to ensure product life span expansion, which is expected to hamper the growth of the market. To contain the impact of COVID-19, countries around the globe has imposed a lockdown, which led to restricting the movement of people and reducing in manufacturing capacities and installation of containment barrier. Such factors have negatively affected the barrier systems manufacturing companies. The restrictions on movement by the government has stopped all the logistics operations across the UK. Thus, experiencing difficulties with their material supply chain.

The UK containment barrier market is segmented on the basis of containment level, technology, and application. On the basis of containment level, the market is segmented into N1 and N2, H1 to H4, and L1 to L4. Technological segmentation includes rigid, semi-rigid, and flexible barrier systems. By application, it is classified into roadways, railways, airports, and others.

Region wise, the UK containment barrier market is analyzed across England, Scotland, Wales, and Northern Ireland. England poses a potential market for the UK containment barrier market, owing to rapid growth in the infrastructure sector.

Competition Analysis

The key companies profiled in the report include Arcelor Mittal, Delta Bloc UK, FerroStrada (UK) Limited, Highway Care, Hill & Smith Barrier, Nissen Road Safety Solutions, Saferoad VRS Limited, Tata Steel Europe, Urban Fencing Limited, and Varley and Gulliver Ltd.

The major players operating in the UK containment barrier market have adopted key strategies such as product launch, to strengthen their market outreach and sustain the stiff competition in the market.

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Key Benefits For Stakeholders

o The report provides an extensive analysis of the current and emerging UK containment barrier market trends and dynamics.
o In-depth UK containment barrier market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.
o Extensive analysis of the UK containment barrier market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
o A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
o The UK containment barrier market forecast analysis from 2021 to 2028 is included in the report.
o The key players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the containment barrier industry.

Uk Containment Barrier Market Segments

By Containment Level

o N1 and N2
o H1 to H4
o L1 to L4

By Technology

o Rigid
o Semirigid
o Flexible

By Application

o Roadways
o Airports
o Railways
Others

By Region

o UK
o England
o Scotland
o Wales
o Northern Ireland

Key Players

o Arcelor Mittal
o Delta Bloc UK
o FerroStrada (UK) Limited
o Highway Care
o Hill & Smith Barrier
o Nissen Road Safety Solutions
o Saferoad VRS Limited
o Tata Steel Europe
o Urban Fencing Limited
o Varley and Gulliver Ltd.

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