Shotcrete/Sprayed Concrete Market Size, Share, Trends & Analysis 2021-2027

Shotcrete/Sprayed Concrete is a specialty concrete that is projected at a high velocity on the construction surface through a sealed and pressure-resistant hose. Application of shotcrete-sprayed concrete is based on a flexible and economical technique. The concrete mix is blown from a spraying nozzle onto the construction surface. It stabilizes and supports structures in concrete applications without the use of any molds.

Underground construction is the largest application of the shotcrete/sprayed concrete market, followed by water retaining structures, repair works, protective coatings, and others (free formed structures and new constructions). Growth in underground construction is primarily driven by increasing urbanization, fast growing economic development, and underground transportation, mainly in developing countries such as India, the Philippines, Egypt, and Indonesia.

Europe is the largest market for shotcrete, which accounted for the maximum share of the overall market, in terms of value, in 2017. This market share of Europe is attributed to rapid developments in shotcrete technology and raw materials, and increase in tunneling and mining activities. Asia-Pacific is the fastest-growing market.

The global Shotcrete/Sprayed Concrete market was 4880 million US$ in 2020 and is expected to 9370 million US$ by the end of 2027, growing at a CAGR of 8.5% between 2021 and 2027.

This report studies the Shotcrete/Sprayed Concrete market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Shotcrete/Sprayed Concrete in these regions, from 2017 to 2027, covering

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

• South America (Brazil etc.)

• Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

• BASF

• CEMEX

• GCP Applied Technologies

• KPM Industries

• LKAB

• Mapei

• Natural Cement Distribution

• Sika

• The Euclid Chemical Company

• The QUIKRETE Companies

• Votorantim Cimentos

By the product type, the market is primarily split into

• Dry Mix

• Wet Mix

By the end users/application, this report covers the following segments

• Underground Construction

• Protective Coatings

• Water Retaining structures

• Repair works

• Others

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We can also provide the customized separate regional or country-level reports, for the following regions:

• North America

• United States

• Canada

• Mexico

• Asia-Pacific

• China

• India

• Japan

• South Korea

• Australia

• Indonesia

• Singapore

• Malaysia

• Philippines

• Thailand

• Vietnam

• Rest of Asia-Pacific

• Europe

• Germany

• France

• UK

• Italy

• Spain

• Russia

• Rest of Europe

• Central & South America

• Brazil

• Rest of Central & South America

• Middle East & Africa

• GCC Countries

• Turkey

• Egypt

• South Africa

• Rest of Middle East & Africa

The study objectives of this report are:

• To study and analyze the global Shotcrete/Sprayed Concrete market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.

• To understand the structure of Shotcrete/Sprayed Concrete market by identifying its various subsegments.

• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

• Focuses on the key global Shotcrete/Sprayed Concrete manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

• To analyze the Shotcrete/Sprayed Concrete with respect to individual growth trends, future prospects, and their contribution to the total market.

• To project the value and volume of Shotcrete/Sprayed Concrete submarkets, with respect to key regions (along with their respective key countries).

• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

• To strategically profile the key players and comprehensively analyze their growth strategies.

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