Global (United States, European Union and China) Shotcrete/Sprayed Concrete Market Research Report 2019-2025

Shotcrete/Sprayed Concrete is a specialty concrete that is projected at a high velocity on the construction surface through a sealed and pressure-resistant hose. Application of shotcrete-sprayed concrete is based on a flexible and economical technique. The concrete mix is blown from a spraying nozzle onto the construction surface. It stabilizes and supports structures in concrete applications without the use of any molds.
Underground construction is the largest application of the shotcrete/sprayed concrete market, followed by water retaining structures, repair works, protective coatings, and others (free formed structures and new constructions). Growth in underground construction is primarily driven by increasing urbanization, fast growing economic development, and underground transportation, mainly in developing countries such as India, the Philippines, Egypt, and Indonesia.
Europe is the largest market for shotcrete, which accounted for the maximum share of the overall market, in terms of value, in 2017. This market share of Europe is attributed to rapid developments in shotcrete technology and raw materials, and increase in tunneling and mining activities. Asia-Pacific is the fastest-growing market.
In 2019, the market size of Shotcrete/Sprayed Concrete is 4880 million US$ and it will reach 9370 million US$ in 2025, growing at a CAGR of 8.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Shotcrete/Sprayed Concrete.

This report studies the global market size of Shotcrete/Sprayed Concrete, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Shotcrete/Sprayed Concrete production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:
BASF
CEMEX
GCP Applied Technologies
KPM Industries
LKAB
Mapei
Natural Cement Distribution
Sika
The Euclid Chemical Company
The QUIKRETE Companies
Votorantim Cimentos

Market Segment by Product Type
Dry Mix
Wet Mix

Market Segment by Application
Underground Construction
Protective Coatings
Water Retaining structures
Repair works
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:
To analyze and research the Shotcrete/Sprayed Concrete status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Shotcrete/Sprayed Concrete manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Shotcrete/Sprayed Concrete are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025