Market Overview:
The global cofferdam market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cofferdams in civil engineering, transport engineering, water engineering and port construction applications. Cofferdams are temporary or permanent structures used for various purposes such as construction, dredging and repairs of waterways, dams and other underwater infrastructure. They are also used for creating dry docks for shipbuilding and repairs. The use of cofferdams helps reduce environmental impact by preventing the release of sediments into the water body.
Product Definition:
A cofferdam is a watertight enclosure built within, or in the vicinity of, a harbor or other construction site to keep water from entering. The cofferdam is then pumped dry so that work can proceed on the submerged structure.
Temporary:
Temporary cofferdam market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period owing to its increasing usage in upstream oil & gas activities including drilling, well completion, workover & production, and pressure maintenance. The growing E&P activities globally along with the rising demand for energy is anticipated to drive industry growth over the next seven years.
Permanent:
Permanent is a new type of cofferdam that can be used in the construction and maintenance of water reservoirs. It is made up of high-density polyethylene or HDPE, which has excellent strength and durability.
Application Insights:
The civil engineering application segment led the global market and accounted for more than a 29% share of the overall revenue in 2017. The growth is attributed to increasing Cofferdams usage in road, railway and other infrastructure projects across various regions including North America, Europe, Asia Pacific and Middle East & Africa.
Civil engineering applications include dams, water supply systems, highways among others. Increasing population along with rising demand for improved living conditions has resulted in an increased number of civil engineering projects globally which is expected to boost product demand over the forecast period.
Cofferdams are used as protective structures around oil platforms or pipelines that operate at depths below 1 kilometer where harsh environment conditions exist such as strong currents and waves which can damage or destroy equipment operating onshore or offshore respectively.
Regional Analysis:
Asia Pacific Cofferdam Market led the global industry and accounted for over 35% of the revenue share in 2016. The region is expected to continue its dominance over the forecast period. This can be attributed to growing infrastructure activities in emerging economies such as China, India, Indonesia, Malaysia and Vietnam among others. In addition, increasing foreign investments coupled with government initiatives are anticipated to drive construction sector growth which will further propel demand for cofferdams across Asia Pacific region.
The Middle East & Africa is projected to grow at a significant rate owing to massive oil & gas projects currently ongoing or planned such as offshore basins of Qatar (Qatargas), Iran (South Pars field) among others which require extensive designing and construction of associated facilities including storage tanks, pipelines etc., thereby driving demand for cofferdams across this region.
Growth Factors:
- Increasing demand for water resources and infrastructure development in the Middle East and North Africa (MENA) region is expected to drive the cofferdam market growth over the forecast period.
- Rising number of public-private partnerships (PPP) for infrastructure development is also anticipated to propel the market growth.
- The increasing use of cofferdams in marine construction projects is another key factor that would fuel Cofferdam market demand over the next few years.
- Growing popularity of modular cofferdams as an alternative to traditional methods is projected to boost this market significantly in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cofferdam Market Research Report
By Type
Temporary, Permanent
By Application
Civil Engineering, Transport Engineering, Water Engineering, Port Construction
By Companies
Dam-It Dams, DEEP EXCAVATION, ESC GROUP, JF BRENNAN, KEYMAY Industries, Portadam, Megasecur, Layfield
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Cofferdam Market Report Segments:
The global Cofferdam market is segmented on the basis of:
Types
Temporary, Permanent
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Engineering, Transport Engineering, Water Engineering, Port Construction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dam-It Dams
- DEEP EXCAVATION
- ESC GROUP
- JF BRENNAN
- KEYMAY Industries
- Portadam
- Megasecur
- Layfield
Highlights of The Cofferdam Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Temporary
- Permanent
- By Application:
- Civil Engineering
- Transport Engineering
- Water Engineering
- Port Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cofferdam Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cofferdam is a type of dam used to create a reservoir or waterway.
Some of the key players operating in the cofferdam market are Dam-It Dams, DEEP EXCAVATION, ESC GROUP, JF BRENNAN, KEYMAY Industries, Portadam, Megasecur, Layfield.
The cofferdam market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cofferdam Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cofferdam Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cofferdam Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cofferdam Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cofferdam Market Size & Forecast, 2018-2028
4.5.1 Cofferdam Market Size and Y-o-Y Growth
4.5.2 Cofferdam Market Absolute $ Opportunity
Chapter 5 Global Cofferdam Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cofferdam Market Size Forecast by Type
5.2.1 Temporary
5.2.2 Permanent
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cofferdam Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cofferdam Market Size Forecast by Applications
6.2.1 Civil Engineering
6.2.2 Transport Engineering
6.2.3 Water Engineering
6.2.4 Port Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cofferdam Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cofferdam Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cofferdam Analysis and Forecast
9.1 Introduction
9.2 North America Cofferdam Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cofferdam Market Size Forecast by Type
9.6.1 Temporary
9.6.2 Permanent
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cofferdam Market Size Forecast by Applications
9.10.1 Civil Engineering
9.10.2 Transport Engineering
9.10.3 Water Engineering
9.10.4 Port Construction
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cofferdam Analysis and Forecast
10.1 Introduction
10.2 Europe Cofferdam Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cofferdam Market Size Forecast by Type
10.6.1 Temporary
10.6.2 Permanent
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cofferdam Market Size Forecast by Applications
10.10.1 Civil Engineering
10.10.2 Transport Engineering
10.10.3 Water Engineering
10.10.4 Port Construction
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cofferdam Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cofferdam Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cofferdam Market Size Forecast by Type
11.6.1 Temporary
11.6.2 Permanent
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cofferdam Market Size Forecast by Applications
11.10.1 Civil Engineering
11.10.2 Transport Engineering
11.10.3 Water Engineering
11.10.4 Port Construction
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cofferdam Analysis and Forecast
12.1 Introduction
12.2 Latin America Cofferdam Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cofferdam Market Size Forecast by Type
12.6.1 Temporary
12.6.2 Permanent
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cofferdam Market Size Forecast by Applications
12.10.1 Civil Engineering
12.10.2 Transport Engineering
12.10.3 Water Engineering
12.10.4 Port Construction
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cofferdam Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cofferdam Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cofferdam Market Size Forecast by Type
13.6.1 Temporary
13.6.2 Permanent
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cofferdam Market Size Forecast by Applications
13.10.1 Civil Engineering
13.10.2 Transport Engineering
13.10.3 Water Engineering
13.10.4 Port Construction
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cofferdam Market: Competitive Dashboard
14.2 Global Cofferdam Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dam-It Dams
14.3.2 DEEP EXCAVATION
14.3.3 ESC GROUP
14.3.4 JF BRENNAN
14.3.5 KEYMAY Industries
14.3.6 Portadam
14.3.7 Megasecur
14.3.8 Layfield
