Research and Markets: Shotcrete/Sprayed Concrete Market by Process, by Application, by System and by Region - Global Trends and Forecasts to 2020

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/rxlv6p/shotcretesprayed) has announced the addition of the "Shotcrete/Sprayed Concrete Market by Process, by Application, by System and by Region - Global Trends and Forecasts to 2020" report to their offering.

The shotcrete market is projected to register a market size of USD 7.6 billion in terms of value by 2020, signifying a firm annualized growth of 8.0% between 2015 and 2020.

Europe is the largest market for shotcrete, accounting for a significant share of around 37% of the global market by volume in 2014. Asia-Pacific is the fastest-growing market for shotcrete, in terms of volume. The increasing demand for underground transportation is to avoid traffic and save time. The innovations in materials, machinery & processing enabling shotcrete to compete in higher-value applications, such as tunneling, mining, retaining walls, and dams in order to fulfil the growing demand from highly populated regions like Europe and Asia.

Among the various applications, the underground construction segment dominated the shotcrete concrete market in 2014 due to the use of shotcrete in larger volumes for tunnel & mining projects and also for slope stabilization activities. Water retaining structures is the second-largest application segment and is expected to grow significantly between 2015 and 2020. Other applications of shotcrete include new construction and free formed structures.

Among processes, wet-mix concrete for shotcrete process segment dominated the market with nearly 80% market share by volume in 2014 and is expected to grow significantly from 2015 to 2020.

The shotcrete market is also segmented on the basis of system of spraying namely, robotic spraying system and manual spraying system. Robotic system accounts for the largest share of the market as it is mainly used to spray wet mix shotcrete, which is very heavy in weight and cannot be sprayed manually.

Companies Mentioned

- BASF SE

- Cemex S.A.B. De C.V.

- Conmix Ltd.

- Custom-Crete Inc.

- Five Star Products Inc.

- Fox Industries Inc.

- Heidelbergcement AG

- Holcim Ltd.

- IPA Systems, Inc.

- J.E. Tomes & Associates, Inc.

- Lkab Berg & Betong AB

- Prestige Concrete Products

- Quikrete Companies, Inc.

- Sika AG

- Strata Worldwide, L.L.C

- Superior Gunite, Inc

- The Euclid Chemical Company

- Thiessen Team USA, Inc.

- U.S. Concrete Products (USCP)

- U.S. Concrete, Inc.

- Unibeton Ready Mix L.L.C.

For more information visit http://www.researchandmarkets.com/research/rxlv6p/shotcretesprayed

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cement and Concrete

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cement and Concrete