At the Molinos Agro S.A.-owned San Benito Terminal in the Port of San Lorenzo, Santa Fe, Argentina, Trelleborg Marine & Infrastructure successfully installs its cutting-edge Parallel Motion Fenders. The new fender systems were created in a record-breaking 14 hours, and they were installed at the San Benito Terminal in cooperation with Orengo y Asociados & AC Ingeniera to future-proof terminal operations.
The new Hurricane and Storm Risk Reduction System in the New Orleans region is the largest Corp of Engineers project ever built in the United States, costing USD 14.6 billion. The system, which encloses the New Orleans region with almost 350 miles of levees, floodwalls, surge barriers, and navigable floodgates, is intended to prevent flooding equivalent to the 100-year flood that occurred after Hurricane Katrina.
Author Credits: Rushikesh, Richa Gupta
Report ID: 5104
Published Date: Jul 24, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are the growing prevalence of severe weather, rise in urbanization, and surge in demand for advanced technologies.
The market size of storm surge barriers is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 – 2035.
The major players in the market are BMK Consortium SDN. BHD., AquaFence USA LLC, Hollandsche Beton Groep NV, Van Hattum and Blankevoort B.V., Costain Group PLC, Hitachi Zosen Corporation, ACI Worldwide, Inc., Hydrological Solutions, Maxon Industries, Inc. and others.
The moveable barriers segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.