Global Shotcrete/Sprayed Cement Market Segmented by Sprayed Process, Application & Region - Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Shotcrete/Sprayed Cement Market - Segmented by Sprayed Process, Application, and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The shotcrete/sprayed cement market is expected to register a CAGR of approximately 8.25% during the forecasted period, 2018-2023.

Construction is the primary growth factor for the shotcrete market and it is increasingly becoming popular in construction purposes, in response to its extremely economical and flexible nature. It is replacing regular concrete in construction of numerous skyscrapers as it imparts high mechanical strength to buildings. It also increases the bond strength by making the structure less porous along with lowering construction time and reducing costs.

Based on application, underground mining is the dominant application and is expected to grow at a good rate with growing underground tunneling activities in the United States, Canada, China, and India. In Canada, underground railway construction is underway along with Chinese government are laying plans to build the world's largest water tunnel, which is more than 600 miles.

Europe accounts for the largest share of the global shotcrete market. The share is mainly attributed to the rise in underground construction activities in major countries, such as Italy and Germany. In addition, rapid technological advancements and raw materials in shotcrete, combined with Europe's green innocuous approach to environment for construction activities is contributing to the growth of the shotcrete market in the region.

Companies Mentioned

  • BASF
  • Cemex
  • Sika
  • KPM Industries Ltd
  • The Euclid Chemical Company
  • LKAB Berg & Betong AB
  • Quikrete Companies Inc
  • Customcrete
  • Inc
  • Target Products Ltd
  • JE Tomes & Associates Inc.
  • Five Star Products Inc.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/4svw4p/global?w=4

Contacts

ResearchAndMarkets.com
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
Related Topics: Cement and Concrete

Contacts

ResearchAndMarkets.com
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
Related Topics: Cement and Concrete