Shotcrete/Sprayed Concrete Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2022-2027

Shotcrete/sprayed concrete is a high performance concrete/mortar that is spread at high velocity on the backing surface of a construction through a hose. Shotcrete/sprayed concrete can be conveyed using two techniques, namely wet mix process and dry mix process. Among these two, wet mix process is generally preferred for large volume placements, also in the wet mix process less amount of concrete is rebounded as compared to dry mix process. Shotcrete/sprayed concrete is mostly used in wide range of construction areas such as underground construction, protective coatings, water-retaining structures, free formed structures and specialty construction structures. Underground construction is one of the largest application of the shotcrete/sprayed concrete.

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Growth of underground construction is mainly driven by rapid economic development, growing urbanization and underground transportation. Furthermore, shotcrete/sprayed concrete is also used in construction of water-retaining structures including river and sea walls, dams, storage reservoirs, swimming pools, canal linings and water towers. Additionally, free form structures such as sculptures, theme park elements and climbing walls are also constructed using shotcrete/sprayed concrete.

Some of the advantages of shotcrete/sprayed concrete are increase in speed of construction and reduction of labour costs, enhanced bond strength, improved impact resistance, improved freeze/thaw resistance, reduction of rebounded concrete, improved resistance to plastic shrinkage cracks, increase in abrasion resistance and reduction of permeability. These advantages of shotcrete/sprayed concrete are responsible for its increasing usage in all the construction activities.

Global Shotcrete/Sprayed Concrete Market: Dynamics

The shotecrete/sprayed concrete market is primarily driven by increasing underground construction activities, rapid economic development and growing urbanization, increasing underground transportation, technical efficiency of shotcrete and increasing activities of mining and tunneling. Moreover, the shotecrete/sprayed concretes market is also driven by increasing construction of free form structures such as sculptures, theme park elements, climbing walls and water-retaining structures including river and sea walls, dams, storage reservoirs, swimming pools, canal linings and water towers. Furthermore, shotcrete/sprayed concrete manufacturers are continuously developing new technologies and advanced equipment for shotcrete/sprayed concrete application. This, in turn, is expected to drive the demand for shotcrete/sprayed concrete during the forecast period.

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Global Shotcrete/Sprayed Concrete Market: Regional Outlook

Rapid developments in raw materials and shotcrete technology, and increasing mining and tunneling activities in Europe is expected to uplift the shotcrete/sprayed concrete market in this region. In Europe, Attiko Metro is going to construct four new lines, the project worth over US$ 3.61 billion. Additionally, the construction of metro rail project in this region, which will link from east north and west south, is expected to fuel the shotcrete/sprayed concrete market in this region.

Moreover, increasing population and economic development in countries of Asia Pacific leads to improvement in the civil construction activities. Underground tunnel and road construction activities are being increased to handle the traffic in densely populated countries of Asia Pacific. Thus, growing demand for underground constructions activities is expected to fuel the growth of the shotcrete/sprayed concrete market in the near future.

Global Shotcrete/Sprayed Concrete Market: Participants

Examples of some of the main market participants of the global shotcrete/sprayed concrete market are:

• BASF SE
• Cemex S.A.B. De C.V.
• Sika AG
• Heidelbergcement AG
• Lkab Berg & Betong AB
• GCP Applied Technologies, Inc.
• The Euclid Chemical Company
• KPM Industries Ltd.
• U.S. Concrete, Inc.
• Quikrete Companies, Inc.
• Lafargeholcim

The research report presents a comprehensive assessment of the market and containsthoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Global Shotcrete/Sprayed Concrete Market: Segmentation

The global shotcreate/sprayed concrete market can be segmented by process, application, system and region