Market Overview:
Shotcrete-sprayed concrete is a construction material that is made by spraying concrete onto a surface. It can be used for both underground and aboveground construction projects. The global shotcrete-sprayed concrete market is expected to grow at a CAGR of 5.5% from 2018 to 2030. Some of the factors that are driving the growth of this market include the increasing demand for shotcrete-sprayed concrete in water retaining structures and repair works, and the growing awareness about the benefits of using shotcrete-sprayed concrete over traditional construction methods.
Product Definition:
Shotcrete is a type of concrete that is pneumatically projected at high velocity from a nozzle onto a surface, such as a wall or formwork. It is typically used for the construction of structural elements such as arches, vaults, tunnels and bridges.
Wet Mix:
Wet mix is a part of the concrete mixture that is sprayed or pumped onto the surface of fresh concrete during its preparation stage. The primary function of wet mix is to help reduce cracking in fresh concrete and enhance its strength by increasing water content.
The growth factor for wet mix in shotcrete-sprayed concrete market can be attributed to various factors such as rising demand from residential & commercial construction, growing repair & renovation activities,.
Dry Mix:
Dry mix is a powder made up of aggregates, cement and water. It is sprayed on the concrete during Shotcrete-Sprayed Concrete (SCC) process to obtain better results. The product helps in increasing the tensile strength of concrete and also reduces cracking due to high temperature or external pressure.
The global market for dry mix was estimated at USD 1,849 million in 2016.
Application Insights:
The other application segment includes construction of roads, highways, pavements and parking lots. Road construction is the major application segment for this product as it helps in smoothening the road surface and also acts as a protective coating against UV rays. The demand for shotcrete-sprayed concrete in repair works is expected to witness growth owing to its ability to bond with various substrates such as metals, stones and concrete. Protective coatings are used on roofs & walls of commercial buildings & industrial facilities etc., providing protection from harsh environmental conditions such as sun, wind & rain etc.
Shotcrete-sprayed concrete finds applications in water retaining structures where it is used to support navigation channels or pipelines that are under construction across waterways or bodies of water.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to increasing construction spending and growing demand for protective coatings. In addition, Shotcrete is a registered trade-mark in Canada, which indicates that it has been approved for use in Canada. Thus, Shotcrete products are widely available across North America as a result of strong brand identity and widespread distribution channels of its manufacturers/suppliers.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising government investments coupled with increasing infrastructure activities across emerging economies such as China and India will drive industry expansion over next eight years (2018-2030). Furthermore, supportive macroeconomic factors such as low interest rates along with easy credit availability are anticipated to boost residential construction sector leading to increased consumption of shotcrete products over next eight years (2018-2030).
Growth Factors:
- Increasing demand for shotcrete-sprayed concrete in the construction industry as a result of its superior properties compared to traditional concrete.
- Growing popularity of precast and prestressed concrete products, which are manufactured using shotcrete-sprayed concrete, due to their speed of installation and durability.
- Rising investment in infrastructure development projects across the globe, which is expected to drive the demand for shotcrete-sprayed concrete in the coming years.
- Technological advancements that have led to the development of new applications for shotcrete-sprayed concrete, such as underground mining and tunneling operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shotcrete-sprayed Concrete Market Research Report
By Type
Wet Mix, Dry Mix
By Application
Underground Construction, Water Retaining Structures, Repair Works, Protective Coatings, Other
By Companies
BASF, CEMEX, GCP Applied Technologies, KPM Industries, LKAB, Mapei, Natural Cement Distribution, Sika, The Euclid Chemical Company, The Quikrete Companies, Votorantim Cimentos, HeidelbergCement, U.S. Concrete, LafargeHolcim
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Shotcrete-sprayed Concrete Market Report Segments:
The global Shotcrete-sprayed Concrete market is segmented on the basis of:
Types
Wet Mix, Dry Mix
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Underground Construction, Water Retaining Structures, Repair Works, Protective Coatings, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- CEMEX
- GCP Applied Technologies
- KPM Industries
- LKAB
- Mapei
- Natural Cement Distribution
- Sika
- The Euclid Chemical Company
- The Quikrete Companies
- Votorantim Cimentos
- HeidelbergCement
- U.S. Concrete
- LafargeHolcim
Highlights of The Shotcrete-sprayed Concrete Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wet Mix
- Dry Mix
- By Application:
- Underground Construction
- Water Retaining Structures
- Repair Works
- Protective Coatings
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shotcrete-sprayed Concrete Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shotcrete-sprayed concrete is a type of concrete that is sprayed with a mixture of water, sand, and shotcrete. The shotcrete helps to create a stronger and more durable surface for the concrete.
Some of the major companies in the shotcrete-sprayed concrete market are BASF, CEMEX, GCP Applied Technologies, KPM Industries, LKAB, Mapei, Natural Cement Distribution, Sika, The Euclid Chemical Company, The Quikrete Companies, Votorantim Cimentos, HeidelbergCement, U.S. Concrete, LafargeHolcim.
The shotcrete-sprayed concrete market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shotcrete-sprayed Concrete Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Shotcrete-sprayed Concrete Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shotcrete-sprayed Concrete Market - Supply Chain
4.5. Global Shotcrete-sprayed Concrete Market Forecast
4.5.1. Shotcrete-sprayed Concrete Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shotcrete-sprayed Concrete Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shotcrete-sprayed Concrete Market Absolute $ Opportunity
5. Global Shotcrete-sprayed Concrete Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Shotcrete-sprayed Concrete Market Size and Volume Forecast by Type
5.3.1. Wet Mix
5.3.2. Dry Mix
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shotcrete-sprayed Concrete Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Shotcrete-sprayed Concrete Market Size and Volume Forecast by Application
6.3.1. Underground Construction
6.3.2. Water Retaining Structures
6.3.3. Repair Works
6.3.4. Protective Coatings
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shotcrete-sprayed Concrete Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Shotcrete-sprayed Concrete Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Shotcrete-sprayed Concrete Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Shotcrete-sprayed Concrete Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Shotcrete-sprayed Concrete Demand Share Forecast, 2019-2026
9. North America Shotcrete-sprayed Concrete Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Shotcrete-sprayed Concrete Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Shotcrete-sprayed Concrete Market Size and Volume Forecast by Application
9.4.1. Underground Construction
9.4.2. Water Retaining Structures
9.4.3. Repair Works
9.4.4. Protective Coatings
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shotcrete-sprayed Concrete Market Size and Volume Forecast by Type
9.7.1. Wet Mix
9.7.2. Dry Mix
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Shotcrete-sprayed Concrete Demand Share Forecast, 2019-2026
10. Latin America Shotcrete-sprayed Concrete Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Shotcrete-sprayed Concrete Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Shotcrete-sprayed Concrete Market Size and Volume Forecast by Application
10.4.1. Underground Construction
10.4.2. Water Retaining Structures
10.4.3. Repair Works
10.4.4. Protective Coatings
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shotcrete-sprayed Concrete Market Size and Volume Forecast by Type
10.7.1. Wet Mix
10.7.2. Dry Mix
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Shotcrete-sprayed Concrete Demand Share Forecast, 2019-2026
11. Europe Shotcrete-sprayed Concrete Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Shotcrete-sprayed Concrete Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Shotcrete-sprayed Concrete Market Size and Volume Forecast by Application
11.4.1. Underground Construction
11.4.2. Water Retaining Structures
11.4.3. Repair Works
11.4.4. Protective Coatings
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shotcrete-sprayed Concrete Market Size and Volume Forecast by Type
11.7.1. Wet Mix
11.7.2. Dry Mix
11.8.Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Shotcrete-sprayed Concrete Demand Share, 2019-2026
12. Asia Pacific Shotcrete-sprayed Concrete Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Shotcrete-sprayed Concrete Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Shotcrete-sprayed Concrete Market Size and Volume Forecast by Application
12.4.1. Underground Construction
12.4.2. Water Retaining Structures
12.4.3. Repair Works
12.4.4. Protective Coatings
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shotcrete-sprayed Concrete Market Size and Volume Forecast by Type
12.7.1. Wet Mix
12.7.2. Dry Mix
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Shotcrete-sprayed Concrete Demand Share, 2019-2026
13. Middle East & Africa Shotcrete-sprayed Concrete Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Shotcrete-sprayed Concrete Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Shotcrete-sprayed Concrete Market Size and Volume Forecast by Application
13.4.1. Underground Construction
13.4.2. Water Retaining Structures
13.4.3. Repair Works
13.4.4. Protective Coatings
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shotcrete-sprayed Concrete Market Size and Volume Forecast by Type
13.7.1. Wet Mix
13.7.2. Dry Mix
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Shotcrete-sprayed Concrete Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shotcrete-sprayed Concrete Market: Market Share Analysis
14.2. Shotcrete-sprayed Concrete Distributors and Customers
14.3. Shotcrete-sprayed Concrete Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CEMEX
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GCP Applied Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KPM Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LKAB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mapei
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Natural Cement Distribution
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sika
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. The Euclid Chemical Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. The Quikrete Companies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Votorantim Cimentos
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HeidelbergCement
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. U.S. Concrete
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LafargeHolcim
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
