Global Underwater Concrete Market size is expected to reach USD 229.80 billion by 2025, according to a new report by Grand View Research, Inc. Growing adoption of underwater concrete on account of improved technological efficiency pertaining to the concrete placing is expected to propel growth.
The demand for the product is expected to grow on account of the growth in the underwater repairs of the existing underwater structures. In addition, the development of advanced admixtures such as superplasticizers and anti-washout admixtures is expected to translate drive the demand over the next nine years.
The industry exhibits a number of technological advancements pertaining to the chemicals used for improving and adjusting the workability, adhesive strength, and setting time of the cement used in the underwater concrete. In addition, the demand for chemicals such as carboxylates and cellulose is expected to lead to an increase in the strength of the concrete, leading to the industry growth.
Rising demand for luxury amenities in the developed economies is expected to result in an increase in the construction of swimming pools, which is expected to fuel growth. The decline in the global price levels of Portland cement is expected to result in the reduction in the price of the product, leading to market growth.
The industry is characterized by the presence of dedicated supply chain network among the raw material suppliers, manufacturers, and construction companies. In addition, the industry exhibits integration with a majority of manufacturers involved in the production of raw materials.
Access for full detail of the Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/underwater-concrete-market
Further key findings from the report suggest
View blog on Underwater Concrete Market by Grand View Research: http://www.grandviewresearch.com/blog/underwater-concrete-market-size-trends
Grand View Research has segmented the global underwater concrete market on the basis of raw material, application, and region:
Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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