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DUBLIN, March 3, 2023 /PRNewswire/ — The “Shotcrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global shotcrete market size reached US$ 7.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 12.4 Billion by 2027, exhibiting a CAGR of 8.27% during 2021-2027.
Companies Mentioned
- BASF SE
- CEMEX S.A.B. de C.V.
- GCP Applied Technologies Inc
- HeidelbergCement AG
- Holcim
- LKAB Berg & Betong AB
- Sika AG
- The Euclid Chemical Company (RPM International Inc)
- The QUIKRETE Companies
- U.S. Concrete
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Shotcrete, or sprayed concrete, is a specialized mixture of cement and aggregate used for overhead and vertical construction applications. It is compressed and sprayed on the surface of the substrate through a sealed and pressure-resistance hose at high velocity.
Shotcrete can be applied using both wet and dry mixes through manual and robotic systems. The dry mix is prepared by blending the construction materials in a specific ratio and transferring it to an air compressor through a hose or a pipe. This mix offers enhanced flexibility, durability, mechanical and compressive strength and low water permeability.
The wet mix is prepared by adding water to the cement and is used to provide a decorative finish with high output capacity. Shotcrete is also mixed with silica fume, air-based admixtures, fibers and accelerators for enhanced functional properties. It is widely used for underground constructions, repairs and protective coatings.
Significant growth in the construction industry across the globe is among the key factors creating a positive outlook for the market. Shotcrete is widely used for the development of water-retaining and free-foamed structures, shell roofs, domes, barrel vaulting, blast-proof constructions and chamber linings.
Moreover, the increasing development of unground transport systems, especially in the developing economies, is anticipated to drive the market toward growth. Shotcrete aids in rock stabilization and provides arch linings and large cavity fillings for various tunneling and mining activities.
In line with this, the widespread adoption of shotcrete for concrete repairs on vertical surfaces of canal walls, roads, bridges, dams and natural rock walls is also contributing to the market growth. Other factors, including the implementation of favorable government policies promoting infrastructural development, along with the production of sustainable shotcrete materials, are anticipated to drive the market toward growth.
Key Questions Answered in This Report:
- How has the global shotcrete market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global shotcrete market?
- What are the key regional markets?
- What is the breakup of the market based on the technique?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the system?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global shotcrete market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Shotcrete Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technique
6.1 Wet Mix
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Dry Mix
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Underground Construction
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Water Retaining Structures
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Protective Coatings
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Repair Works
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by System
8.1 Manual System
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Robotic Spraying System
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/7619oj
About ResearchAndMarkets.com
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