Flood Barrier Market 2024 -2033: Global Outlook, Industry Share, Business Growth And Major Players

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Flood Barrier Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The flood barrier market size has grown strongly in recent years. It will grow from $1.61 billion in 2023 to $1.74 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increased frequency of extreme weather events, urbanization and infrastructure development, rising sea levels and coastal protection, government initiatives for flood management, increasing awareness of climate change risks.

The flood barrier market size is expected to see strong growth in the next few years. It will grow to $2.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to growing global population in vulnerable areas, expanding industrial and commercial facilities, investments in resilient infrastructure, international collaboration for disaster resilience, integration with sustainable urban planning. Major trends in the forecast period include focus on sustainable materials, community resilience planning, heightened regulatory standards, strategic collaborations, economic loss mitigation.

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Market Segmentation:
The flood barrier market covered in this report is segmented -
1) By Type: Flip-Up Flood Barriers, Removable Flood Barriers, Self-Closing Flood Barriers, Drop-Down Flood Barriers, Other Types
2) By Material: Aluminum, Steel, Concrete, Polymer Composites
3) By End-User: Residential, Commercial, Industrial, Government And Municipalities

Major Driver - Surging Flood Events Propel Demand For Flood Barriers
The increasing flood events are expected to propel the growth of the flood barrier market going forward. Floods are natural disasters that occur when an area experiences excessive water, typically from heavy rainfall, melting snow, or the overflow of bodies of water such as rivers, lakes, or oceans. Flood barriers are specifically designed and used to mitigate the impact of floods. They serve as protective measures to prevent or reduce the entry of floodwater into vulnerable areas, thereby minimizing the damage caused by flooding. For instance, in March 2023, according to the reports shared by ReliefWeb, a US-based humanitarian information service provider, floods affected 33 million people in Pakistan, causing 1,739 deaths and economic damage costing US$15 billion in 2022. Further, in Nigeria, floods caused 603 deaths and resulted in a financial cost of $4.2 billion in 2022. Furthermore, in May 2022, according to the China Institute of Water Resources and Hydropower Research, a China-based research institute, around 2 billion people worldwide are facing flood risk, 23% rise from 2020 in the frequency of worldwide floods. Therefore, increasing flood events are driving the growth of the flood barrier market.

Competitive Landscape:
Major companies operating in the flood barrier market report are FloodBreak LLC, US Flood Control Corporation, Muscle Wall, IBS Technics GmbH, AquaFence, AWMA Water Control Solutions, Barrier Solution, Blobel Umwelttechnik, Dam Easy Flood Barriers, Denilco Environmental Technology, Flood Control Asia RS Corporation, Haiyan Yawei, Megasecur, MM Engineering, Mobildeich GmbH, Muscle Wall, NoFloods, Reynaud Cauvin Yvose SA, Self Closing Flood Barrier (SCFB), The Flood Company, Water-Gate Barrier, Flood Control International Ltd., Ps Industries, HSI Services Inc., StormMeister Flood Protection.

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Top Trend - Flood Stopper Marks Entry Into Flood Protection
Major companies operating in the flood barrier market are developing advanced products, such as mobile and deployable flood barrier solutions, to sustain their position in the market. Mobile and deployable flood barriers are temporary and versatile flood protection systems designed to be quickly installed and relocated as needed. For instance, in April 2022, Coventry & Warwickshire, a UK-based government-supported organisation, launched Coventry-based Safetyflex Barriers, known for anti-terrorism bollards. Coventry-based Safetyflex Barriers has ventured into flood protection with its new product, the 'Flood Stopper.', These portable steel blocks can be strategically placed to create mini dams, preventing floods from reaching towns. With a quick two-hour installation time, lifting arms for easy placement, and surface mounting, the Flood Stopper offers a rapid-response solution, protecting homes and communities by addressing the source of flooding.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Flood Barrier Market Characteristics
3. Flood Barrier Market Trends And Strategies
4. Flood Barrier Market - Macro Economic Scenario
5. Flood Barrier Market Size And Growth
…..
27. Flood Barrier Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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