Shotcrete Concrete Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The shotcrete concrete market is expected to reach $8.4 billion by 2025 after an annual average growth of 7.5% in 2020-2025. The increase in underground construction activity, rapid economic development and urbanization increase, underground transport increase, shotcrete technology efficiency, mining and tunnelling activity increase will lead the market. In addition, increasing the construction of free-form structures such as sculptures, theme park elements, climbing walls and water holding structures including rivers and seawalls, dams, storage reservoirs, swimming pools, canal lines and water towers will lead to growth opportunities for the global shotcrete concrete industry in a new forecasting era.

Major Players

The shotcrete/sprayed concrete is led by major players such as BASF SE (Germany), Sika AG (Switzerland), HeidelbergCement AG (Germany), Cemex S.A.B. de C.V. (Mexico), KPM Industries Ltd (Canada), Euclid Chemical Company (U.S.), LKAB Berg & Betong AB (Sweden), Quikrete Companies Inc. (U.S.), U.S. Concrete, Inc. (U.S.) and LafargeHolcim (Switzerland).

Shotcrete Concrete Market- Segmentation

 By Process:

• Dry Mix
• Wet Mix

By System:

• Robotic System
• Manual System

By Application:

• Underground Construction
• Protective Coatings
• Water Retaining structures
• Repair works
• Others

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Shotcrete Concrete Market Report

• What was the Shotcrete Concrete Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Shotcrete Concrete Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Shotcrete Concrete Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.