Global Underwater Concrete Foam Market

Underwater Concrete Foam Market Size, Share, Growth Analysis, By Raw Materials(Admixtures, Aggregates, and Cement), By Application(Marine, Hydro Projects, Tunnels, Underwater Repairs), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15A2422 | Region: Global | Published Date: April, 2024
Pages: 181 | Tables: 66 | Figures: 74

Underwater Concrete Foam Market News

  • February 2021: Heidelberg Cement, a leader in building materials, announces the launch of ENERMAR, its unique underwater concrete solution. This innovation is specifically designed for the underwater construction industry, with the aim of reducing carbon emissions and increasing the sustainability of underwater concrete.
  • June 2020: Sika AG, a Swiss specialty chemical compounds commercial enterprise, launched a new underwater concrete admixture referred to as Sika ViscoCrete-2100 AD. This additive is designed to growth the workability, pump capacity, and overall performance of underwater concrete, making it less complicated to place and end in hard underwater situations.
  • September 2019: HeidelbergCement Group bought Giant Cement's Keystone Cement facility, a subsidiary of Elementia S.A.B., boosting its position in North America.
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Underwater Concrete Foam Market size was valued at USD 95.6 Billion in 2022 and is poised to grow from USD 103.15 Billion in 2023 to USD 175.64 Billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

The competitive environment of the Underwater Concrete Foam Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. The Underwater Concrete Foam report also includes competitive analysis which can be used to differentiate between various products; manufacturing technology; Valuable resources; innovation in R&D; organic inorganic growth techniques; financial analysis to forecast revenue and other key economic factors; new partnerships, joint ventures, collaborations and acquisitions; market share of top competitors in the market; and understand the growth strategies that these key players are pursuing to analyze future market trends. 'Cemex S.A.B. De C.V.', 'Clariant AG', 'Conmix Ltd.', 'DuPont de Nemours, Inc.', 'Dyckerhoff Basal Nederland B.V.', 'Eastman Chemical Company', 'Evonik Industries AG', 'Five Star Products Inc.', 'HeidelbergCement', 'Kingstone Chemical China Co., Ltd.', 'Lanxess AG', 'Larsen Building Products', 'LyondellBasell Industries Holdings B.V.', 'M-Con Products Inc.', 'Rockbond SCP Ltd', 'Sika AG', 'The Dow Chemical Company', 'Underground Supply, Inc.', 'Wieser Concrete Products Inc.'

The demand for underwater concrete is primarily driven by increased demand for commercial and non-commercial construction. Shotcrete is the perfect solution for installing a concrete swimming pool. Due to the flexibility of this concrete material, concrete swimming pool structures can be constructed in almost all sizes and shapes. Growing demand for underwater concrete in both commercial and non-commercial sectors is expected to drive the market growth.

Growing Demand for Sustainable and Environmentally Friendly Solutions

The North America region is dominating the market. Many of the region's existing marine infrastructure, including ports and harbors, require continuity maintenance, repair and rehabilitation to ensure safe and efficient working. Extensively used subsea concrete for these purposes. Additionally, the development of advanced materials and filings for high water levels in the United States and, incorporated in insertions of inter-America and incorporated in structural projects, as incurable wind areas. The largest market segment in the intertidal zone was holding, and the underwater concrete market was the fastest growing market in the North American region.

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Global Underwater Concrete Foam Market

Report ID: SQMIG15A2422

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