Impact of COVID-19 on Shotcrete/Sprayed Concrete Market Analysis Report To 2026

The global Shotcrete/Sprayed Concrete Market is highly fragmented due to the presence of various large numbers of players which forms a competitive environment. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2020-2026 to gain competitive edge across the globe. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and the latest development undertaken.

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the shotcrete/sprayed concrete market includes BASF SE, Cemex S.A.B. De C.V., GCP Applied Technologies, Inc., Heidelbergcement AG, KPM Industries Ltd., Lafargeholcim, Lkab Berg & Betong AB, Quikrete Companies, Inc., Sika AG, The Euclid Chemical Company and U.S. Concrete, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

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Market Dynamics

The market of shotcrete/sprayed concrete is primarily driven by rising underground construction activities, increasing underground transportation, rapid economic development & ongoing urbanization, and growing activities of mining and tunneling. Moreover, the market is also growing by increasing construction of free-form structures such as sculptures, theme park elements, climbing walls and water-retaining structures such as dams, storage reservoirs, swimming pools, canal linings and water towers. Further adding to this, the manufacturers are consistently developing new technologies and advanced equipment for shotcrete/sprayed concrete application which is likely to open a new opportunity for the market in the years to come.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of shotcrete/sprayed concrete.

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Market Segmentation

The broad shotcrete/sprayed concrete market has been sub-grouped into process, application and system. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Process

·         Wet Mix Shotcrete Process

·         Dry Mix Shotcrete Process

By Application

·         Underground Construction

·         Water Retaining Structures

·         Repair Works

·         Protective Coatings

·         Others

By System

·         Robotic Spraying System

·         Manual System

Regional Analysis

Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for shotcrete/sprayed concrete in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

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