Sale
Massive Discounts! Up to 30% OFF on reports🎉

Shotcrete/Sprayed Concrete Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: August 2023 || SKU: CH3770
excelpdfpowerpoint
180 pages
Report Summary
Table of Contents
List of Tables & Figures
Download Free Sample

Global Shotcrete/Sprayed Concrete Market is segmented By Material Type (Wet-mix, Dry-mix, Woven Polyethylene), By System (Manual, Robotic), By Application (Underground Construction, New Construction, Protective Coating, Water Retaining Structures, Repair Works, Others), By End-User (Construction Industry, Mining, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Shotcrete/Sprayed Concrete Market Overview

The Global Shotcrete/Sprayed Concrete Market is estimated to reach at a high CAGR during the forecast period 2023-2030.

Sprayed concrete or Shotcrete is concrete conveyed through a hose and pneumatically projected at high velocity onto a surface. It undergoes placement and compaction simultaneously because of the force with which it is projected.

It can be impacted on any type or shape of the surface, including vertical or overhead areas. Steel or synthetic fiber reinforcement is used to stabilize applications such as slopes, tunneling and swimming pool shells.

Sprayed concrete has extensive applications such as strengthening, repair and slope stabilization, new construction, underground construction such as storage reservoir, tunnel linings; water retaining structures and others. It can also be used in recreational construction such as swimming pools, zoo structures, landscaping and theme parks.

Today, sprayed concrete application in tunnels, mines and other civil engineering structures is an essential and integral part of successful, highly productive, and safe rock support systems.

Shotcrete/Sprayed Concrete Market Scope

Metrics

Details

Market CAGR

 High

Segments Covered

By Material Type, By System, By Application, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

To Get a Free Sample Click here

 

Shotcrete/Sprayed Concrete Market Dynamics

The introduction of robotic concrete spraying machines is expected to drive the market

Recent innovations and developments in robotic technology in manufacturing industries have led to robotic concrete spraying machines, either stand-alone nozzle manipulators or fully integrated pump and nozzle units. An integrated robotic shotcrete machine, its compact arrangement has been designed for maximum maneuverability in confined spaces in mining, tunneling and other shotcrete applications with limited access and workspace. It requires no manual handling of hoses, leading to increased productivity.

The Canadian company, RDH Mining Equipment, launched its Roboshot 600 shotcreting rig. The Roboshot 600 is a self-propelled mobile concrete sprayer, which optimizes concrete spraying in mining and tunnel projects with variable tunnel cross-sections. It has a highly maneuverable boom and can place up to 30 m3/h of shotcrete.

Shortage of skilled labor is expected to hinder the shotcrete market

The shortage of skilled laborers for various construction activities is the major restraint in the growth of the shotcrete concrete market. All commercial and residential builders face shortages of labor. During the recession, several skilled construction workers left the industry when finding work was challenging. The problem has reached such a vast scale that the stunted growth in the industry has caused the builders financial crisis.

As per The Wall Street Journal, the growing shortage of labor in the commercial real estate sector drives some project costs up. Moreover, an annual survey by the National Association of Home Builders revealed that around 75 percent of builders had to pay higher wages and bids, 64 percent had delayed projects, and 68 percent had raised home prices. Thus, a shortage of labor can hinder the growth of the market in the forecast period.

Shotcrete/Sprayed Concrete Market Segmentation Analysis

Based on processes of application, sprayed concrete is categorized mainly into wet-mix and dry-mix processes.

In the wet-mix process, fluid material is pumped to the air injection nozzle. Wet-mix has the advantages of achieving better material consistency through off-site mixing, producing less dust, and achieving more significant volumes in a given time. Whereas dry-mix processes have the disadvantages of producing more dust, and a more significant proportion of the material ends up on the floor as a rebound.

Atlas Copco, a Swedish multinational industrial company Meyco ME5 wet-mix spraying rig, offers optimized admixture accuracy and less rebound. Blastcrete Equipment Co., a US-based company, manufactures wet shotcrete pumps and mixer/pump combinations that safely handle everything from high-volume shotcrete installations to low-volume concrete repair applications underground.

Moreover, Normet bought the Meyco dry shotcrete spraying business from Atlas Copco. The move added to the company’s existing wide range of wet-mix shotcrete equipment, such as the Spraymec 5070 VC, which Normet launched with a Tier 4F engine.

Global Shotcrete/Sprayed Concrete Market Geographical Share

North America region stands to be the largest market for sprayed concrete owing to the growing construction industry. For instance, the construction industry added more than $900 billion to the US economy in the first quarter of 2020 and employed 7.64 million people in February 2020, the highest level since 2008.

However, US infrastructure is overstretched and lagging behind its economic competitors, particularly China. In the US, delays and rising maintenance costs are holding economic performance back. In addition, many bridges are structurally deficient. Hence, president Biden has put forward an ambitious $2 trillion plan to overhaul US infrastructure. In addition, a growing number of infrastructure projects are organized as joint efforts between government and private developers, known as public-private partnerships, or P3s.

Getman, a US-based company, produces a range of concrete spraying and transport vehicles that provides a complete solution for transporting, spraying and pouring concrete in underground mining applications. In April 2019, Getman introduced its newest model of concrete transporter, the A64 HD A 70. It is equipped with a multisection chute with hydraulic assist for accurate concrete discharge and can be supplied with a heavy-duty engine or transmission packages for moving concrete loads on steep grades.

Shotcrete/Sprayed Concrete Market Companies and Competitive Landscape

The shotcrete/sprayed concrete market is moderately competitive with presence of local as well as global companies.  Some of the key players which are contributing to the growth of the market include Sika AG, Master Builder Solutions, Normet, Atlas Copco, Getman, Blastcrete Equuipment Co., HeidelbergCement AG, Cemex S.A.B. de C.V., KPM Industries Ltd, Euclid Chemical Company, LKAB Berg & Betong AB among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the shotcrete/sprayed concrete market globally.

Sika AG

Overview: Sika AG is a multinational Swiss company that supplies specialty chemicals to the building and motor vehicle industries. The company is headquartered in Baar, Switzerland.

Product Portfolio: Sika AG provides both the types of sprayed concrete, the wet and the dry spray processes. The company has a wide range of products such as Sika® Sigunit® and Sika® ViscoCrete® for tunneling, mining, and on all types of major construction projects.

Key Developments:

  • In February 2021, Sika AG has developed a new recycling process for old concrete in which the old concrete is broken down into individual parts gravel, sand and limestone in an efficient and straightforward process, which also binds about 60 kg of CO2 per ton of crushed concrete demolition waste. With the brand name reCO2ver, the innovation will significantly reduce the ecological footprint of the construction industry.

The global shotcrete/sprayed concrete market report would provide an access to an approx. 69 market data table, 61 figures and 238 pages.

Buy this report
Single User
$4350$3480
Multiple User
$4850$3880
Enterprise User
$7850$6280
Proceed to Buy
  Get Free Sample
  Request new version
  Customize Sample
  Demo Full Report
FAQ’s

  • The segments are By Material Type, By System, By Application, By End-User, and By Region.

  • Key players are Sika AG, Master Builder Solutions, Normet, Atlas Copco, Getman, Blastcrete Equuipment Co., HeidelbergCement AG, Cemex S.A.B. de C.V., KPM Industries Ltd, Euclid Chemical Company, LKAB Berg & Betong AB among others.

  • Asia Pacific is the fastest-growing region in the Shotcrete/Sprayed Concrete Market.

  • North America is the Largest Market Share in Shotcrete/Sprayed Concrete Market.
Related Reports
chemicals iconchemicals

3D Printing Plastics Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 January 23

Starting from

$4350

chemicals iconchemicals

Metal Injection Molding Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2025 March 13

Starting from

$4350

chemicals iconchemicals

Tank Insulation Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 September 12

Starting from

$4350

chemicals iconchemicals

Phenolic Resin Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 September 12

Starting from

$4350

chemicals iconchemicals

Microspheres Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 January 19

Starting from

$4350

chemicals iconchemicals

Hydrogel Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 June 05

Starting from

$4350