"We Envision Growth Strategies Most Suited
to Your Business"

Silt Curtain Market to Reach $10,271.8 Thousand by 2027; Huge Investment in Product R&D by Major Companies Will Bode Well for the Market

May 22, 2020 | Chemicals & Materials

The global silt curtain market size is projected to reach USD 10,271.8 Thousand by the end of 2027. The rising building and construction activities will aid the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled Silt Curtain Market Size, Share & Industry Analysis, By Type (Type I, Type II, and Type III), and By Application (Erosion Control, and Construction), and Regional Forecast, 2020-2027,” the market was worth USD 7,765.7 Thousand in 2019 and will exhibit a CAGR of 3.8% during the forecast period, 2020-2027.


Silt curtains are products that are used in waterways to prevent the pollution that is normally caused by sediments. They prevent the unwanted sediments to enter waterbodies during construction and building activities. These products are installed in a way that will provide these waterbodies sufficient settling time. The cost-effectivity of these products, coupled with diverse applications, has created a huge demand in recent years. Increasing construction activities have opened up a wider scope of applications and subsequently high product adoption. The increasing investment in installation of the product by contractors and workers will bode well for the market in the coming years. The high emphasis by manufacturers on developing efficient products with improved features such as durability and rigidity will have a positive impact on the growth of the overall market in the foreseeable future. Additionally, the presence of several large scale companies will create several growth opportunities for the market.


Emergence of Covid-19 Pandemic has Brought Silt Curtain Manufacturing to a Standstill


The recent coronavirus outbreak has created a huge conundrum in the manufacturing sector. Although few companies that fall under the essential category continue their operations, majority of the companies have been shut down temporarily. This is mainly done to control the spread of the disease. The rapid spread of the disease has created panic across the world and governments are imposing strict measures to curb the pandemic.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/silt-curtain-market-102808


Geofabrics Completes Acquisition of Maccaferri


The report includes a few of the major industry developments of recent times and discusses their impact on the growth of the overall market. Due to the increasing applications and subsequently rising demand for the product, companies are looking to invest more in the development of efficient product, with a view to establishing a stronghold in the market. In February 2015, Geofabrics announced that it has completed the acquisition of Maccaferri Australia. The New Zealand based unit of Geofabrics will look to collaborate with Maccaferri’s exceptional services. The companies plan to expand their businesses across numerous industries including construction and mining. The increasing investment by large scale companies in the manufacturing process of silt curtains will bode well for the growth of the market in the coming years.


Company Mergers are a Growing Trend Among Major Companies


The increasing demand for silt curtains, owing to diverse applications across several industries, has encouraged medium as well as large scale companies. Accounting to the increasing demand, companies are looking to adopt newer strategies that will help them acquire a wider customer base. It is observed that company mergers and collaborations are an increasing trend among major companies across the world.


List of companies profiled in the report:



  • 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 American Marine (U.S.)

  •  Murlac Limited (U.S.)

  • Cunningham Covers (Ireland)

  • Other Key Players


Industry Developments:



  • February 2015 – Geofabrics Australasia announced that it has completed the acquisition of Maccaferri New Zealand Ltd. This acquisition will help both the companies to enhance their business in mining, general construction and other sectors.


The global silt curtain market is segmented on the basis of:








































 ATTRIBUTE



 DETAILS



Study Period



2016-2027



Base Year



2019



Forecast Period



2020-2027



Historical Period



2016-2018



Unit



Value (USD Thousand) and Volume (Thousand Square Meters)



Segmentation



By Type



  • Type I

  • Type II

  • Type III



By Application



  • Erosion Control

  • Construction



By Geography



  • North America (U.S., and Canada)

  • Europe (Germany, UK, France, Italy, Spain, Russia & CIS, and Rest of Europe)

  • Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)



 


 


 


 

Silt Curtain Market
  • PDF
  • 2019
  • 2016-2018
  • 100

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Our Clients

Natus-Medical
Roland_Berger_logo
LG_Chem
Solvay_S.A._logo
SAAB-AB
reliance
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X