BOOM CURTAIN MARKET ANALYSIS

Boom Curtain MarketSize and Trends

Market Dynamics

Increasing number of construction & reclamation projects is expected to significantly boost the growth of the boom curtain market. Moreover, increasing environmental concerns regarding water pollution are also expected to propel the market growth. According to a report released by Global Construction Perspectives and Oxford Economics on November 10, 2015, the construction sector is projected to witness a growth rate of 85% to reach US$ 15.5 trillion by 2030 worldwide.

Government initiatives in support of using boom curtains in order to expected to increase demand for boom curtains over the forecast period. For instance, in 2010, Civil Contractors Federation issued guidelines for the usage of turbidity and slit curtains at construction sites carried on water bodies.

Market Outlook

• Boom curtains are available in various types such as duraboom solid float curtain boom and . Boom curtains are made from polyvinyl chloride (PVC), polyurethane (PU) and neoprene.
• Increasing environmental concerns is expected to positively impact demand for boom curtains over the forecast period. Boom curtains play a vital role in safeguarding water resources from silt and disturbed sediment generated from construction activities. For instance, in recent years, the government introduced many laws in order to minimize the potential impact of construction sites on water bodies such as Clean Water Act and Caltrans Statewide Storm Water Management Plan (SWMP).
• Boom curtains are UV and oil resistant and can be customized according to different water conditions. These curtains also offer to crumble free closed cell flotation. Therefore, these advantages are projected to increase demand for boom curtains over the forecast period.
• Based on application, the market for boom curtains is segmented into lakes, ponds, sea, and Other applications include rivers, ports, dams, and harbors. Boom curtains are used in bridge construction or repairs and civil works adjacent to waterways, excavation, and other activities.