The Flood Barrier Global Market Report 2023, provides comprehensive information on the flood barrier market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Flood Barrier Global Market Report 2023, the market is expected to grow from $1.48 billion in 2022 to $1.61 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The flood barrier market is expected to reach $2.18 billion in 2027 at a CAGR of 8%.
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Product innovation is a key trend gaining popularity in the flood barrier market. Major companies operating in the flood barrier market are developing innovative products to sustain their position in the market. For instance, in September 2020, NOAQ Flood Protection AB., a Sweden-based flood barrier manufacturer, launched NOAQ Boxwall BW102, a self-anchoring flood barrier that uses water to ballast itself. The Boxwall BW102 is made of high-density polyethylene (HDPE), a durable and weather-resistant material. The boxes are UV-stabilized, so they will not fade or crack in the sun. The Boxwall BW102 is available in various heights so that customers can choose the right one for their needs. NOAQ Boxwall BW102 is an excellent option for protecting homes, businesses, or schools from flooding. It is lightweight, durable, easy to use, and anyone can build it.
The flood barrier market is segmented:
1) By Type: Flip-Up Flood Barriers, Removable Flood Barriers, Self-Closing Flood Barriers, Drop-Down Flood Barriers, Other Types
2) By Material: Aluminum, Steel, Concrete, Polymer Composites
3) By End-User: Residential, Commercial, Industrial, Government And Municipalities
Asia-Pacific was the largest region in the flood barrier market in 2022.
The table of contents in TBRC’s flood barrier market report includes:
1. Executive Summary
2. Flood Barrier Market Characteristics
3. Flood Barrier Market Trends And Strategies
4. Flood Barrier Market – Macro Economic Scenario
5. Global Flood Barrier Market Size and Growth
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26. South America Flood Barrier Market
27. Brazil Flood Barrier Market
28. Middle East Flood Barrier Market
29. Africa Flood Barrier Market
30. Flood Barrier Market Competitive Landscape And Company Profiles
Top Major Players:
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