Underwater Concrete Market

Underwater concrete is a high-performance concrete, that is used in past, present, and future as long as there is requirement of construct bridges with high water levels, with foundation in soil, and all on-shore and off-shore structures. Along with time, several advancements have been made regarding mixture proportion design, quality of concrete admixtures, and methods of implementation.

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Rising demand for marine construction, improving water construction quality in developing countries, and increasing number of underwater metro projects are the key factors proliferating the growth of the global underwater concrete market. In Comparison to other means of transportations, underwater metro or tunnel have several advantages such as reduced transportation cost and decreased environmental pollution. Moreover, due to the increasing urbanization and industrialization population in developing countries such as India, and China is increasing rapidly. This has caused congestion in cities which demand more transportation facilities. For instance, in 2020, India’s first underwater metro project in Kolkata is about to get completed. It is expected that the metro would carry more than 850,000 people every day, which covers more than 17% of Kolkata’s population. Furthermore, underwater concrete is required for such constructions as it settles rapidly to avoid tidal washout, consists of anti-wash properties, and enhances cohesion underwater. Thus, the increasing underwater metro projects in developing countries is fuelling the growth of the underwater concrete market, globally.

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On the basis of raw materials, the market is segmented into concrete, admixtures, and others. Among these, the admixture segment would witness a higher CAGR during 2020-2027. It is more efficient in improving the cohesiveness of concrete and could not be washout by water. It is more used in large repairing and placement applications, which surges the demand for admixture in the market.

Based on application, the market is segmented into hydro projects, marine constructions, metro projects, underwater repair, and others. Among these, the hydro projects segment is expected to grow at a higher CAGR during the forecast period. This is due to the high demand for concrete in multiple hydro projects such as hydropower generation plants. Moreover, concrete is also used in the repair, construction, and maintenance of marine structures such as bridges, dams, and others which increases the CAGR of marine segments during the forecast period.

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Based on region, the North America region is projected to grow at a higher CAGR during the forecast period, owing to the high utilization of underwater concrete in the construction of hydropower plants in countries such as US and Canada. Furthermore, the Asia-Pacific region is projected to advance at a higher CAGR during the forecast period. This is due to the increasing industrialization and urbanization in emerging economies such as China and India.

The major players operating in the market include Sika AG, Cemex S.A.B. de C.V., Rockbond SCP Ltd, Heidelbergcement AG, Conmix Ltd., FOX Industries Inc., KPM Industries Ltd., Unibeton Ready Mix, Tarmac Holdings Limited, and MUHU (China) Construction Materials Co., Ltd.

Key Developments:

• • In 2019, Cemex S.A.B. de C.V announced about its participation in the construction of largest and deepest diving pool named, Deepspot, built in Poland. Cemex supplied special cement for implementation of project, which helped project contractors BUDOKRUSZ S.A., to produce two classes of concrete for construction.

The global underwater concrete market has been segmented on the basis of raw materials, applications, and region. Based on Raw Materials, the market is segmented into Concrete, Admixtures, and Others. Based on Applications, the market is segmented into Hydro Projects, Marine Constructions, Metro Projects, Underwater Repair, and Others.

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Key questions answered in this research report:

• • At what pace is global underwater concrete market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global underwater concrete market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global underwater concrete market?
  • Which raw material generated maximum revenues in 2019 and identify the most promising application during the forecast period?
  • What are the various applications of global underwater concrete market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Underwater Concrete Market by Raw Materials

• • Concrete
  • Admixtures
  • Others

Global Underwater Concrete Market by Application

• • Hydro Projects
  • Marine Constructions
  • Metro Projects
  • Underwater Repairs
  • Others

Global Underwater Concrete Market by Region

• • North America Underwater Concrete Market (Option 1: As a part of the free 25% customization)
    • North America Underwater Concrete Market by Application
    • North America Underwater Concrete Market by Raw Materials
    • US Underwater Concrete Market All-Up
    • Canada Underwater Concrete Market All-Up
  • Europe Underwater Concrete Market (Option 2: As a part of the free 25% customization)
    • Europe Underwater Concrete Market by Application
    • Europe Underwater Concrete Market by Raw Materials
    • UK Underwater Concrete Market All-Up
    • Germany Underwater Concrete Market All-Up
    • France Underwater Concrete Market All-Up
    • Spain Underwater Concrete Market All-Up
    • Rest of Europe Underwater Concrete Market All-Up
  • Asia-Pacific Underwater Concrete Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Underwater Concrete Market by Application
    • Asia-Pacific Underwater Concrete Market by Raw Materials
    • India Underwater Concrete Market All-Up
    • China Underwater Concrete Market All-Up
    • Japan Underwater Concrete Market All-Up
    • Rest of APAC Underwater Concrete Market All-Up
  • RoW Underwater Concrete Market (Option 4: As a part of the free 25% customization)
    • RoW Underwater Concrete Market by Application
    • RoW Underwater Concrete Market by Raw Materials
    • Brazil Underwater Concrete Market All-Up
    • South Africa Underwater Concrete Market All-Up
    • Saudi Arabia Underwater Concrete Market All-Up
    • UAE Underwater Concrete Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Underwater Concrete Market All-Up

Global Underwater Concrete Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Sika AG
  • Cemex S.A.B. de C.V.
  • Rockbond SCP Ltd
  • Heidelberg Cement AG
  • Conmix Ltd.
  • FOX Industries Inc.
  • KPM Industries Ltd.
  • Unibeton Ready Mix
  • Tarmac Holdings Limited
  • MUHU (China) Construction Materials Co., Ltd.