Global Shotcrete/Sprayed Concrete Market Insights, Forecast to 2028

Shotcrete/Sprayed Concrete is a specialty concrete that is projected at a high velocity on the construction surface through a sealed and pressure-resistant hose. Application of shotcrete-sprayed concrete is based on a flexible and economical technique. The concrete mix is blown from a spraying nozzle onto the construction surface. It stabilizes and supports structures in concrete applications without the use of any molds.
Market Analysis and Insights: Global Shotcrete/Sprayed Concrete Market
Due to the COVID-19 pandemic, the global Shotcrete/Sprayed Concrete market size is estimated to be worth US$ 6383.7 million in 2022 and is forecast to a readjusted size of US$ 8313.3 million by 2028 with a CAGR of 4.5% during the review period. Fully considering the economic change by this health crisis, Dry Mix accounting for % of the Shotcrete/Sprayed Concrete global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Underground Construction segment is altered to an % CAGR throughout this forecast period.
Underground construction is the largest application of the shotcrete/sprayed concrete market, followed by water retaining structures, repair works, protective coatings, and others (free formed structures and new constructions). Growth in underground construction is primarily driven by increasing urbanization, fast growing economic development, and underground transportation, mainly in developing countries such as India, the Philippines, Egypt, and Indonesia.
In terms of production side, this report researches the Shotcrete/Sprayed Concrete capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Shotcrete/Sprayed Concrete by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Shotcrete/Sprayed Concrete Scope and Segment
Shotcrete/Sprayed Concrete market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Shotcrete/Sprayed Concrete market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
Dry Mix
Wet Mix

Segment by Application
Underground Construction
Protective Coatings
Water Retaining Structures
Repair Works
Others

By Company
BASF
CEMEX
GCP Applied Technologies
KPM Industries
LKAB
Mapei
Natural Cement Distribution
Sika
The Euclid Chemical Company
The QUIKRETE Companies
Votorantim Cimentos
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E