Press release
Shotcrete Market Analysis, Size, Share, Growth, Report 2023-2028
The global shotcrete market size reached US$ 8.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.
Request a Free Sample Report: https://www.imarcgroup.com/shotcrete-market/requestsample
Shotcrete is a versatile construction method that involves spraying concrete onto surfaces with high velocity, creating a dense and durable layer of concrete. This process is widely used in construction and infrastructure projects, offering several benefits. It can be applied to vertical, overhead, or curved surfaces, making it suitable for tasks such as tunneling, slope stabilization, and building construction. The high-velocity application ensures that the concrete adheres tightly to the substrate, resulting in a strong and long-lasting structure. Shotcrete is also known for its rapid construction capabilities. It significantly reduces construction time compared to traditional concrete pouring methods. This time efficiency is especially beneficial for projects with tight schedules or where access is limited.
Market Trends:
The increasing demand for efficient and cost-effective construction methods is driving the global market. Shotcrete is a versatile and rapid construction technique that allows for the quick and precise application of concrete in various construction projects, including tunnels, bridges, and underground structures. Moreover, the expansion of infrastructure projects worldwide is contributing substantially to market growth. Governments and private sector investments in the development of transportation networks, such as highways and railways, as well as the construction of underground utilities and mining activities, have boosted the demand for shotcrete applications. Additionally, the growth of the mining and tunnelling industries is a key driver. Shotcrete is essential for stabilizing tunnel walls and supporting underground excavations.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/shotcrete-market
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players operating in the market.
• BASF SE
• CEMEX S.A.B. de C.V.
• GCP Applied Technologies Inc
• HeidelbergCement AG
• Holcim
• LKAB Berg & Betong AB
• Sika AG
• The Euclid Chemical Company (RPM International Inc)
• The QUIKRETE Companies
• U.S. Concrete
Key Market Segmentation:
Our report has categorized the market based on region, technique, application and system.
Breakup by Technique:
• Wet Mix
• Dry Mix
Breakup by Application:
• Underground Construction
• Water Retaining Structures
• Protective Coatings
• Repair Works
Breakup by System:
• Manual System
• Robotic Spraying System
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Shotcrete Market Analysis, Size, Share, Growth, Report 2023-2028 here
News-ID: 3362098 • Views: …
More Releases from IMARC Group
Radar System Market Size, Share, Growth And Forecast Report 2025-2033
Radar System Market Overview:
The radar system market is experiencing strong growth, driven by increasing demand for advanced surveillance, navigation, and safety solutions across defense, aerospace, automotive, and maritime industries. Radar systems are widely used for detecting objects, tracking movements, monitoring weather conditions, and ensuring security in both military and civilian applications. The rise in geopolitical tensions, rapid adoption of autonomous vehicles, and technological advancements such as phased-array, Doppler, and 3D…
Cold Chain Logistics Market Valuation to Reach USD 932.70 Billion by 2033 - Indu …
Market Overview:
The cold chain logistics market is experiencing remarkable expansion, driven by the growing demand for temperature-sensitive products, rising consumer preference for fresh and frozen foods, and the pharmaceutical industry's need for specialized storage solutions. According to IMARC Group's latest research publication, "Cold Chain Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the global cold chain logistics market size reached USD 292.06 Billion in 2024. Looking…
Global Hair Serum Market Size, Share And Trends Report 2025-2033
Hair Serum Market Overview:
The hair serum market is witnessing significant growth, driven by rising consumer awareness of hair care, increasing concerns over hair damage, and growing demand for multifunctional cosmetic products. Hair serums are lightweight, leave-in treatments formulated with active ingredients such as oils, silicones, and vitamins that provide benefits like frizz control, shine enhancement, heat protection, and nourishment. The surge in beauty and personal care spending, the influence of…
Fruit Pulp Market Valuation to Reach USD 2.11 Billion by 2033 - Industry Expandi …
Market Overview
The fruit pulp market is experiencing robust growth, driven by increasing demand for natural and organic food ingredients, expanding applications in the food and beverage industry, and rising health consciousness among global populations. According to IMARC Group's latest research publication, "Fruit Pulp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the global fruit pulp market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group…
More Releases for Shotcrete
Shotcrete Accelerator Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Shotcrete Accelerator Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The impact of manufacturers on the market is significant across various industries, influencing supply chains, consumer choices, and economic growth. Manufacturers are key players in…
Shotcrete Concrete Market Growing Popularity and Emerging Trends
Global Shotcrete Concrete Market Report from Market Research Forecast highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to…
Shotcrete Machines Market Size 2024 to 2031.
Market Overview and Report Coverage
A shotcrete machine is a type of construction equipment used for spraying concrete or mortar on surfaces such as walls, roofs, and floors. It is commonly used in construction projects where traditional pouring or casting methods are not feasible.
The current outlook for the shotcrete machines market is positive, with a steady growth expected in the coming years. The market is driven by factors such…
Shotcrete Market
The global shotcrete market is expected to register a CAGR of 7.7%. The shotcrete market is poised for growth due to increased awareness of its technical efficiency. Factors such as advancements in shotcrete technology, sustainable materials, rising demand in construction, and the use of sprayed concrete in various structures contribute to the expansion of the shotcrete market. The market is further driven by changing consumer preferences and lifestyles,…
Jining China Machinery Unveils New Shotcrete Machine
Jining China Machinery is pleased to announce their latest shotcrete machine for large-scale commercial projects. The shotcreting system is designed with a variety of features that make it highly efficient and easy to use. With its lightweight design and maneuverability, the new machine enables users to access hard-to-reach places while still maintaining the quality of their job site. Additionally, the compact size allows users to move it quickly from one…
Europe Shotcrete/Sprayed Cement Market Study, Forecast & Opportunities
Concrete is probably the most versatile material used in the construction industry. It is strong enough to form basic material required for the most massive structures. Sprayed concrete was widely used for repair work and adopted for new construction activities. The current acceptance is that “Shotcrete” is used in the USA and “sprayed concrete” is the more widely used term in Europe. There are several shotcrete/sprayed concrete providers in the…
