Underwater Concrete Market Analysis and Forecast- Market Projected to Grow at 9% by 2023

Market Highlights:

The Underwater Concrete Market is expected to grow over the CAGR of around 9% during the period 2017 to 2023.

Underwater concrete are used in hydro projects, marine construction, metro projects and underwater repair. The major growth driver of the underwater concrete market is the increasing need for placing the concrete in structures such as basements, ducts, harbours, and bridges. Underwater concrete is also used extensively for construction of such underwater structures, owing to its properties such as low heat of hydration, controlled set time, comprehensive strength and adequate bond. The major factor that is expected to restrain the growth of the market is the problem faced in the segregation of fine aggregates from coarse aggregates.

Key Players:

The key players in Underwater Concrete Market are:

• Sika AG (Switzerland)
• Cemex S.A.B. De C.V. (Mexico)
• Rockbond SCP Ltd (UK)
• Conmix Ltd. (United Arab Emirates)
• HeidelbergCement Group (Germany)
• M-Con Products Inc. (U.S.)
• Underground Supply, Inc. (U.S.)
• Wieser Concrete Products Inc. (U.S.)

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Market Research Analysis:

Based on regions, the global underwater concrete market has been segmented as North America, Asia-pacific, Europe and rest of the world. The Asia-Pacific region is expected to grow with the increasing demand for a number of marine constructions such as harbor installations and bridge piers in rivers. The increasing number of underwater development projects in the developing nations of the region is further contributing to its growth. In North America, the rapid increase in the demand for luxury amenities such as swimming pools, is contributing to the growth of the underwater concrete market.

Scope of the Report:

This study provides an overview of the global underwater concrete market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global underwater concrete market by its application, end-use and region.

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• By Laying Technique

o Tremie method
o Bucket Placing
o Pump Method
o Others

• By Application

o Marine
o Underwater repairs
o Tunnels
o Hydropower
o Others

• By Region

o North America
o Asia Pacific
o Europe
o Rest of the World

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