Sprayed Concrete Market worth USD 9.1 Billion by 2022-Key Players: BASF, Atlas Copco, KPM Industries

Synopsis of Sprayed Concrete Market

Market Highlights:

The Global Sprayed Concrete Market is expected to grow over the CAGR of more than 8% during the period 2016 to 2022.

Over the past few years, the global market has witnessed a prospective growth due to increasing demand of sprayed concrete in construction areas. This has bring out a higher growth rate of the global sprayed concrete market at the end of forecasted period. As per the market analysis, different factors have driven the market for growing construction industry, growing application segment, technological advancements, reduction in framework cost, high sustainability, emerging economies and others

Key Player in Market

The key players of sprayed concrete market are:

• BASF
• Atlas Copco
• Cemex S.A.B.
• Lkab Berg & Betong
• KPM Industries
• U.S. Concrete
• GCP Applied Technologies
• Tarmac Building Products Limited
• Prestige Concrete Products
• Sika AG

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Regional Analysis:

“Europe Is Projected to be the Largest Market during the Forecast Period”

Geographically, Europe is expected to be the largest market for sprayed concrete. This growth is majorly attributed to the growing application segment, technological advancements, huge investment and others.

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Scope of the Study

The scope of the study categorizes the sprayed concrete market as process, and application.

• By Process

o Dry Process
o Wet Process

• By Application

o Underground construction
o Retailing walls
o Protective coatings
o Water-retaining structures
o Specialty construction
o Strengthening and repair
o Others

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