Underwater Concrete Market by Raw Material (Admixtures, Aggregates, Cement), Laying Technology (Bucket Placing, Pneumatic Valves, Pump Method), Application - Global Forecast 2024-2030
Description
Underwater Concrete Market by Raw Material (Admixtures, Aggregates, Cement), Laying Technology (Bucket Placing, Pneumatic Valves, Pump Method), Application - Global Forecast 2024-2030
The Underwater Concrete Market size was estimated at USD 126.69 billion in 2023 and expected to reach USD 137.81 billion in 2024, at a CAGR 9.46% to reach USD 238.67 billion by 2030.
Underwater concrete is a special high-performance concrete used to construct bridges, harbors, foundations in soil with high water levels, and almost all off- and onshore structures. Adopting the underwater concrete process may save engineers from using the conventional method of building by isolating the water, resulting in less disruption to plant operations and significant savings. Underwater concrete is highly flowable concrete that may spread into place under its weight and achieve adequate compaction in the absence of vibration without exhibiting segregation. The rising marine constriction, dams & bridge projects, favorable government initiatives for underwater construction, and the emerging use of hydropower have expanded the market scope. However, fluctuating costs of raw materials and inappropriate placement may hinder market development. Nevertheless, the introduction of anti-washout underwater concrete admixtures and the rising production of eco-friendly underwater concrete create enormous prospects for market growth in the forecast period.
Regional Insights
The American underwater concrete market is highly developing owing to increased hydropower generation, rising aquatic construction activities, and rapid inclination toward shore protection in the region. According to U.S. Department of Energy, Hydropower currently accounts for 28.7% of total U.S. clean electricity generation and about 6.2% of entire U.S. electricity generation, expanding market scope. Additionally, the EMEA underwater concrete market is significantly evolving based on advanced laying technology and the introduction of eco-friendly admixtures. Moreover, the European Commission has published plans to accelerate its transition to clean energy, reducing reliance on Russian gas imports and helping meet climate targets. This transition expands their dependency on renewable energy, such as hydropower generation, which is further expected to improve the demand for underwater concrete. The Asia-Pacific region showcases significant growth prospects shortly owing to emerging underwater construction activities and favorable government initiatives for hydropower generation.
Market Insights
Market Dynamics
The market dynamics represent an ever-changing landscape of the Underwater Concrete Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
- Increasing number of dams and bridges across the globe
- Favorable government initiatives for underwater construction
- Rapid inclination towards the hydropower generation
- Fluctuating cost of raw materials of underwater concrete
- Introduction of anti-washout underwater concrete
- Emerging production of eco-friendly underwater concrete
- Concern regarding improper concrete mix design and inappropriate placement for underwater concrete
- Raw Material: Adoption of cement as the binding agent to provide strength and stability
- Laying Technology: Proliferation of bucket placing as cost effective method
- Application: Growing use of underwater concrete in hydropower sector
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Underwater Concrete Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Underwater Concrete Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Cinven agrees to acquire MBCC Admixtures
Cinven's recent agreement to acquire MB-CC Admixtures marks a significant milestone for the underwater concrete market. This acquisition presents an opportunity for Cinven to expand its presence in the sector, allowing it to capitalise on the advances and expertise of MB-CC Admixtures. With this move, Cinven’s developing new products and services within the sector, as well as deliver sustainable solutions that meet customer needs. By leveraging the industry insights and extensive experience of MB-CC Admixtures, Cinven can create innovative solutions that could potentially revolutionise underwater concrete construction projects around the world.
Ineos Acquired MBCC’s Admixtures Business
As one of the largest chemical companies in Europe, INEOS acquired MB-Crete Solutions Ltd.'s admixtures business. This move forms an important part of the firm's strategy to become a major supplier of admixtures for underwater concrete applications. The acquisition allows INEOS to greatly expand its product portfolio and tap into new markets. Furthermore, the company can now provide customers with specialized performance additives that are tailored to their specific needs.
Adani Cement launched all new revolutionary cutting-edge green concrete solution ‘ACC ECOMaxX’
Adani Cement's launch of the EcoMaxx is a sustainable, green product designed with cutting-edge technology and promises to provide superior results when used underwater. By offering enhanced strength and improved durability, it also provides low carbon footprint, making it a viable option for those looking to reduce their environmental impact.
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Underwater Concrete Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Underwater Concrete Market, highlighting leading vendors and their innovative profiles. These include Ashland Inc., BASF SE, Belov Engenharia, Buzzi Unicem SpA, CEMEX, S.A.B. de C.V., Conmix Ltd., DMI Spezial Injektionsarbeiten, Econcrete Tech Ltd., Evonik Industries AG, Five Star Products, Inc., GCP Applied Technologies Inc. by Compagnie de Saint-Gobain, Gewatech Grund- und Wasserbau GmbH, Gorazdze Cement SA, Hartmann Beton GmbH, HeidelbergCement AG, Larsen Building Products, M-Con Products Inc., Mapei S.p.A, MC-BAUCHEMIE MÜLLER GmbH & Co. KG, MUHU(China) Construction Materials Co., Ltd., PPH ABet Sp. z o.o., Rockbond SCP Ltd., Sika AG, TARMAC HOLDINGS LIMITED by CRH PLC, Unibeton Ready Mix by Al Faraa Group, Waco B.V., and Wieser Concrete.
Market Segmentation & Coverage
This research report categorizes the Underwater Concrete Market to forecast the revenues and analyze trends in each of the following sub-markets:
Raw Material
- Hydropower
- Marine
- Shore Protection
- Swimming Pools
- Tunnels
- Underwater Repairs
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
184 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing number of dams and bridges across the globe
- 5.1.1.2. Favorable government initiatives for underwater construction
- 5.1.1.3. Rapid inclination towards the hydropower generation
- 5.1.2. Restraints
- 5.1.2.1. Fluctuating cost of raw materials of underwater concrete
- 5.1.3. Opportunities
- 5.1.3.1. Introduction of anti-washout underwater concrete
- 5.1.3.2. Emerging production of eco-friendly underwater concrete
- 5.1.4. Challenges
- 5.1.4.1. Concern regarding improper concrete mix design and inappropriate placement for underwater concrete
- 5.2. Market Segmentation Analysis
- 5.2.1. Raw Material: Adoption of cement as the binding agent to provide strength and stability
- 5.2.2. Laying Technology: Proliferation of bucket placing as cost effective method
- 5.2.3. Application: Growing use of underwater concrete in hydropower sector
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. Underwater Concrete Market, by Raw Material
- 6.1. Introduction
- 6.2. Admixtures
- 6.3. Aggregates
- 6.4. Cement
- 7. Underwater Concrete Market, by Laying Technology
- 7.1. Introduction
- 7.2. Bucket Placing
- 7.3. Pneumatic Valves
- 7.4. Pump Method
- 7.5. Tilting Pallet Barge
- 7.6. Tremie Method
- 8. Underwater Concrete Market, by Application
- 8.1. Introduction
- 8.2. Hydropower
- 8.3. Marine
- 8.4. Shore Protection
- 8.5. Swimming Pools
- 8.6. Tunnels
- 8.7. Underwater Repairs
- 9. Americas Underwater Concrete Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Underwater Concrete Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Underwater Concrete Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. Market Share Analysis, 2023
- 12.2. FPNV Positioning Matrix, 2023
- 12.3. Competitive Scenario Analysis
- 12.3.1. Cinven agrees to acquire MBCC Admixtures
- 12.3.2. Ineos Acquired MBCC’s Admixtures Business
- 12.3.3. Adani Cement launched all new revolutionary cutting-edge green concrete solution ‘ACC ECOMaxX’
- 12.3.4. Saint-Gobain’s Acquisition of GCP Applied Technologies to Close on September 27, 2022
- 12.3.5. Adani Group acquired Ambuja and ACC to become India’s second-largest cement maker
- 12.3.6. CEMEX invested in COBOD's revolutionary 3D printing tech
- 12.3.7. Sika expanded production of concrete admixtures in the USA
- 12.3.8. Euclid Launched Three New Admixtures at World of Concrete
- 12.3.9. Mapei and Elettrondata announced the strategic partnership agreement for the quality control of transported concrete
- 12.3.10. CHRYSO Launched EnviroMix, the First Global Range of Admixture Solutions and Services for Low-Carbon Concrete
- 12.4. Strategy Analysis & Recommendation
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.2. Key Product Portfolio
Pricing
Currency Rates
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