Shotcrete global market
Shotcrete is the technique of applying concrete at high velocities usually on vertical or on overhead surfaces. It is applied using a wet or dry mix process. Shotcrete is mainly used in lining tunnel walls, in subways and mines and is reinforced using steel mesh, fibres or steel rods. The shotcrete process is versatile and can be used in both new construction and repairs or any other concrete process.
The shotcrete market is expected to see significant growth due to the rapid development of shotcrete technologies and raw materials. Moreover, the economic and technical efficiency of shotcrete coupled with sustainability achieved by the shotcrete process will further drive market growth. Increasing demand for low-cost housing represents major opportunities, however, transportation of the concrete mix has a negative impact on the growth of this market.
The global shotcrete market to 2027 is expected to witness high growth. The market is segmented on the basis of technique, application and system, as follows:
- Technique: wet mix and dry mix.
- Application: water soluble and oil soluble.
- System: manual and robotic spraying.
The key companies operating in this area are:
- ACS Group
- BASF SE
- CEMEX S.A.B. de C.V.
- GCP Applied Technologies Inc.
- HeidelbergCement AG
- LafargeHolcim
- MAPEI S.p.A.
- Normet
- Sika AG
- U.S. Concrete, Inc.
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