Global Sprayed Concrete Market to observe high growth by 2016-2024

Zion Market Research, the market research group announced the analysis report titled "Shotcrete/Sprayed Concrete Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"

Global Shotcrete/Sprayed Concrete Market: Overview

The shotcrete/sprayed concrete is a special type of concrete, which with the help of a sealed and pressure-resistant hose is projected at a high velocity on the surface of the construction. Using water, the concrete mix is hydrated and is blown onto the substrate using a spraying nozzle. Compared to conventional concretes, the shotcrete/sprayed concrete has additional benefits, that is, they give high mechanical strength to the construction with long durability. The shotcrete/sprayed concrete has dense compaction and high compressive strength due to the low ratio of water and cement. The advantages of using shotcrete/sprayed concrete are that they reduce the formwork time and cost, they provide good bond strength, and also achieve low water permeability.

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Global Shotcrete/Sprayed Concrete Market: Segmentation

The global shotcrete/sprayed concrete market is segmented into its application, system, process, and regions. The shotcrete/sprayed concrete market is divided into two processes: the first being dry mix and the second wet mix. On the basis of system, the market is segregated into robotic system and manual system. Based on the application, the shotcrete/sprayed concrete market is segmented into protective coatings, underground construction, water-retaining structures, repair works, and others. The regions where the shotcrete/sprayed concrete market is diversified are Europe, Asia Pacific, North America, and Rest of the World.

Global Shotcrete/Sprayed Concrete Market: Growth Factors

The shotcrete/sprayed concrete is widely used in construction areas such as underground constructions, protective coatings, new constructions, free formed structures, and water-retaining structures. They are also used to build special structures such as domes, bank vaults, shell roofs, barrel vaulting, and blast-proof structures. The shotcrete/sprayed concrete is used in underground constructions mainly in the tunneling system; they are used for tunnel linings, tunnel walls and tunnel and underground chamber lining. The shotcrete/sprayed concrete is resistant to water; hence they are used in constructing water-retaining structures including storage reservoirs, swimming pools, canal linings, river walls, dams and water towers. In addition, they are also used to construct free form structures including sculptures, climbing walls, and theme parks. Owing to all these applications and uses the construction and infrastructure industry is having high demand for shotcrete/sprayed concrete, thus driving the market growth positively.

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Global Shotcrete/Sprayed Concrete Market: Regional Analysis

Globally, the shotcrete/sprayed concrete market is dominated by Europe. It is owing to the increase in the underground construction work in countries such as Germany, Austria, Italy, and Switzerland. The increase in the investments and development in the technologies has made the European shotcrete/sprayed concrete market to grow in a positive way. Additionally, the European government has made preference in choosing eco-friendly approach for constructional activities, thus contributing to the growth of the market. Norway and Sweden are also showing a promising demand for shotcrete/sprayed concrete, thus anticipating the market growth. The European shotcrete/sprayed concrete market is growing continuously owing to its higher investments in tunneling and mining projects. Asia Pacific shotcrete/sprayed concrete market is also growing owing to the demand from the countries such as Australia, Japan, and China.

Global Shotcrete/Sprayed Concrete Market: Competitive Players

Some of the key companies producing the shotcrete/sprayed concrete in the market include GCP Applied Technologies, Inc., Cemex S.A.B. de C.V., KPM Industries Ltd., MnM View, Sika AG, U.S. Concrete, Inc., BASF SE, HeidelbergCement AG, LKAB Berg & Betong AB, Quikrete Companies, Inc., The Euclid Chemical Company, and LafargeHolcim.

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Global Shotcrete/Sprayed Concrete Market: Regional Segment Analysis

North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa

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