New Report on Shotcrete/Sprayed Concrete Market

The report "Shotcrete/Sprayed Concrete Market by Process (Wet - Mix & Dry - Mix), by Application (Underground Construction, Water Retaining Structures, Protective Coatings, Repair Works & Others), by System (Robotic & Manual) and by Region - Global Trends and Forecasts to 2020" published by MarketsandMarkets, The Shotcrete/ Sprayed Concrete Market is projected to register a market size of USD 7.6 Billion in terms of value by 2020, signifying a firm annualized growth of 8.0% between 2015 and 2020.

Browse 162 Tables and 65 Figures spread through 243 Pages and in-depth TOC on "Shotcrete/Sprayed Concrete Market"

http://www.marketsandmarkets.com/Market-Reports/Sprayed-concrete-shotcrete-market-1116.html
Early buyers will receive 10% customization on reports.

The market report defines and segments the shotcrete market with analysis and forecast of the market size.

Download Free Sample Pages: http://www.marketsandmarkets.com/pdfdownload.asp?id=1116

Europe - The biggest market for shotcrete/sprayed concrete

Shotcrete/sprayed concrete is projected to be the leading market in Europe mainly due to the presence of emerging markets, such as Germany, Italy, Austria, and Switzerland. Also, the developing tunneling and mining activities in the underground construction and civil construction industries in Europe are the reasons for the growth of the shotcrete market in this region. Norway and Sweden have shown promising demand for shotcrete and that is expected to continue in the near future due to the growing use of shotcrete as a permanent lining in the single shell tunnel and increasing need for underground transportation. Europe is the largest market for shotcrete with a share of more than 37% of the global market in terms of volume in 2014, which was majorly contributed by Germany and Italy. Europe is projected to invest huge amount in tunneling, mining projects, due to the increasing demand for low-cost housing, need for underground transportation, and availability of raw materials for shotcrete technology. Increasing demand for wet-mix process has been observed in Europe owing to continuous industrialization and growth of the underground construction sector.

Wet-Mix Process - The fastest-growing process segment of shotcrete/sprayed concrete

In the wet-mix process, all ingredients, such as, cement, concrete, aggregates, and other admixtures including water, are thoroughly mixed and introduced in the delivery equipment. Wet material is pumped to the nozzle where compressed air is added to provide high velocity for placement and consolidation of the material onto the receiving surface. The wet-mix process is the fastest-growing process segment of shotcrete market. Europe is currently the largest user of wet-mix shotcrete process. This process segment accounted for a share of around 80% of the total shotcrete market in terms of volume in 2014. Wet-mix process is always used when high set concrete quality is specified and high output is required. This process is by far the most popular in mechanical tunneling. Wet spraying is the more modern and efficient method of installing shotcrete. It is a suitable process for various application industries, such as underground construction, tunnelling, and mining industries.

Underground construction - The largest market for shotcrete/sprayed concrete

The underground construction is the largest application industry for shotcrete and this trend is projected to continue in the near future due to the increasing infrastructural developments, growing need for transportation, and underground excavations. Shotcrete was the largest application in Europe, for the underground construction industry in 2014 due to the accelerating tunneling and mining activities. This application segment accounted for a share of around 60% in terms of volume of the total shotcrete market in 2014. Water retaining structures is projected to be the fastest-growing application segment, followed by repair works and protective coatings, between 2015 and 2020, due to the increasing demand of civil construction in developing countries, such as India, Nigeria, and Philippines.

The shotcrete/sprayed concrete market size, in terms of volume is projected to reach 22,768.6 thousand cubic meters, by 2020. Key players of the market, such as BASF (Germany), Sika AG (Switzerland), and U.S. concrete (U.S.) have adopted development strategies, such as expansions, partnerships, and product developments to achieve growth in the shotcrete market.

Browse Related Reports:

Concrete Fiber Market by Material (Synthetic Fiber, Steel Fiber, Glass Fiber, Natural Fiber, Basalt Fiber), End-Use Industry (Road Industry, Construction, Industrial, Mining, Others), & Region - Global Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/concrete-fibers-market-122792577.html

Concrete Superplasticizer Market by Types (SNF, PC, SMF & MLS), Application (Ready-Mix, Precast, Self-Compacting, High Performance, Shotcrete & Others), Forms (Liquid & Powder) & Geography - Regional Trends & Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/concrete-superplasticizers-market-1321.html

Source: http://www.marketsandmarkets.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit