A boom curtain is an example of a flotation device used for various purposes, including the containment of liquids and gases. In doing so, they offer both containment of these harmful gases and liquids, but also act as a means of ensuring that the storage and transportation of these liquids and gases remain risk-free. As a result, it is not uncommon for these containment booms to be seen used in a variety of applications. A further application of the boom curtain is the design of an upper portion of the flotation device, which is designed to support the full weight of the vehicle. This means that when there is a loss of buoyancy, a lower pressure region is created. This device is often seen being used in areas where vehicle weight is extremely important, such as vessels and the construction industry.
Rapid growth of the construction sector in both developed and emerging economies and increasing reclamation projects is expected to drive growth of the global boom curtain market during the forecast period. According to the India Brand Equity Foundation (IBEF), India is expected to be the world’s third-largest construction market by 2022. According to the same source, India plans to invest around US$ 1.4 trillion in infrastructure projects through the National Infrastructure Pipeline (NIP) from 2019-2023. As a result of this, the demand for boom curtain has to increase significantly in the construction sector. Thus, these factors are expected to drive growth of the global boom curtain market during the forecast period. Furthermore, proactive government initiatives in support of using boom curtains are expected to propel the global boom curtain market growth over the forecast period.
However, high cost associated with the boom curtain is expected to hinder the global boom curtain market growth over the forecast period. Among regions, North America is expected to witness significant growth in the global boom curtain market during the forecast period. This is owing to the rapid growth of the construction and infrastructure sector across the region. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to increasing government investment in the infrastructure sector in emerging economies such as India, China, and Japan.
Key companies involved in the global boom curtain market are Enviro-USA American Manufacturer, LLC, Perth Petroleum Services, Parker Systems, Inc., GEI Works, Vikoma International Ltd, RAW Handel und Beratungs GmbH, and Boom Environmental.
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