With the emergence and long-term Impact of COVID-19, Global Silt Curtain Market to reach USD 11.38 million by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Silt Curtain Market points towards a potential rise to USD 11.38 million by 2030. A silt curtain known as a turbidity curtain or sediment curtain, is a specialized barrier or curtain used in aquatic environments to control and minimize the spread of suspended sediments or silt. It is frequently used in water bodies, such as rivers, lakes, or coastal regions, during building, dredging, or other operations that disrupt the silt on the bottom. Increasing number of government initiatives and funding, a surge in number of dredging activities, and rising construction and infrastructure projects, coupled with growing environmental concerns are the key factors that are propelling the market demand across the globe.
Geographically, the global Silt Curtain market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to the occurrence of natural disasters such as hurricanes and storms, as well as an increasing number of infrastructural development projects. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The rising number of restoration projects, growing waterway modernization programs, along with the growth of the oil and gas industry are significantly propelling the market demand across the region.
The global Silt Curtain market is highly competitive owing to the presence of several key manufacturers such as Nilex Inc. (Canada) ACME Environmental (U.S.) ABASCO LLC (U.S.) GEOFABRICS AUSTRALASIA PTY LTD (Australia) GEI Works, Inc. (U.S.) Agastya Buoyant (India) Ecocoast (Dubai) Elastec Inc. (U.S.) Murlac Limited (U.S.) Cunningham Covers (Ireland), and others.
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Key findings of the study suggest:
- Global Silt Curtain Market is anticipated to grow with a healthy growth rate of more than 3.9% over the forecast period 2023-2030.
- In Type segment, Type I emerged out as the leading market segment in 2023.
- North America is anticipated to drive regional growth owing to occurrence of natural disasters in the region.
- Asia Pacific is also expected to grow at higher rate during 2023-2030 owing to rising number of restoration projects in the region.
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- Type I
- Type II
- Type III
By Application:
- Erosion Control
- Construction
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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