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PUBLISHER: IMARC | PRODUCT CODE: 1820168
PUBLISHER: IMARC | PRODUCT CODE: 1820168
Shotcrete Market Report by Technique (Wet Mix, Dry Mix), Application (Underground Construction, Water Retaining Structures, Protective Coatings, Repair Works), System (Manual System, Robotic Spraying System), and Region 2025-2033
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PAGES: 135 Pages
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The global shotcrete market size reached USD 9.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 17.5 Billion by 2033, exhibiting a growth rate (CAGR) of 6.7% during 2025-2033.
Shotcrete, or sprayed concrete, is a specialized mixture of cement and aggregate used for overhead and vertical construction applications. It is compressed and sprayed on the surface of the substrate through a sealed and pressure-resistance hose at high velocity. Shotcrete can be applied using both wet and dry mixes through manual and robotic systems. The dry mix is prepared by blending the construction materials in a specific ratio and transferring it to an air compressor through a hose or a pipe. This mix offers enhanced flexibility, durability, mechanical and compressive strength and low water permeability. The wet mix is prepared by adding water to the cement and is used to provide a decorative finish with high output capacity. Shotcrete is also mixed with silica fume, air-based admixtures, fibers and accelerators for enhanced functional properties. It is widely used for underground constructions, repairs and protective coatings.
Shotcrete Market Trends:
Significant growth in the construction industry across the globe is among the key factors creating a positive outlook for the market. Shotcrete is widely used for the development of water-retaining and free-foamed structures, shell roofs, domes, barrel vaulting, blast-proof constructions and chamber linings. Moreover, the increasing development of unground transport systems, especially in the developing economies, is anticipated to drive the market toward growth. Shotcrete aids in rock stabilization and provides arch linings and large cavity fillings for various tunneling and mining activities. In line with this, the widespread adoption of shotcrete for concrete repairs on vertical surfaces of canal walls, roads, bridges, dams and natural rock walls is also contributing to the market growth. Other factors, including the implementation of favorable government policies promoting infrastructural development, along with the production of sustainable shotcrete materials, are anticipated to drive the market toward growth.
Key Market Segmentation:
Breakup by Technique:
- Wet Mix
- Dry Mix
Breakup by Application:
- Underground Construction
- Water Retaining Structures
- Protective Coatings
- Repair Works
Breakup by System:
- Manual System
- Robotic Spraying System
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, CEMEX S.A.B. de C.V., GCP Applied Technologies Inc, HeidelbergCement AG, Holcim, LKAB Berg & Betong AB, Sika AG, The Euclid Chemical Company (RPM International Inc), The QUIKRETE Companies and U.S. Concrete.
Key Questions Answered in This Report:
- How has the global shotcrete market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global shotcrete market?
- What are the key regional markets?
- What is the breakup of the market based on the technique?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the system?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global shotcrete market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112025A4307
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Shotcrete Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technique
- 6.1 Wet Mix
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Dry Mix
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Underground Construction
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Water Retaining Structures
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Protective Coatings
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Repair Works
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by System
- 8.1 Manual System
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Robotic Spraying System
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 BASF SE
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 CEMEX S.A.B. de C.V.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 GCP Applied Technologies Inc
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 HeidelbergCement AG
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Holcim
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 LKAB Berg & Betong AB
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Sika AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 The Euclid Chemical Company (RPM International Inc)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 The QUIKRETE Companies
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 U.S. Concrete
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.1 BASF SE
Product Code: SR112025A4307
List of Figures
- Figure 1: Global: Shotcrete Market: Major Drivers and Challenges
- Figure 2: Global: Shotcrete Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Shotcrete Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Shotcrete Market: Breakup by Technique (in %), 2024
- Figure 5: Global: Shotcrete Market: Breakup by Application (in %), 2024
- Figure 6: Global: Shotcrete Market: Breakup by System (in %), 2024
- Figure 7: Global: Shotcrete Market: Breakup by Region (in %), 2024
- Figure 8: Global: Shotcrete (Wet Mix) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Shotcrete (Wet Mix) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Shotcrete (Dry Mix) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Shotcrete (Dry Mix) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Shotcrete (Underground Construction) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Shotcrete (Underground Construction) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Shotcrete (Water Retaining Structures) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Shotcrete (Water Retaining Structures) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Shotcrete (Protective Coatings) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Shotcrete (Protective Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Shotcrete (Repair Works) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Shotcrete (Repair Works) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Shotcrete (Manual System) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Shotcrete (Manual System) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Shotcrete (Robotic Spraying System) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Shotcrete (Robotic Spraying System) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: North America: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: North America: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: United States: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: United States: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: Canada: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: Canada: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Asia-Pacific: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Asia-Pacific: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: China: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: China: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: Japan: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: Japan: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: India: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: India: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: South Korea: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: South Korea: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: Australia: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: Australia: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Indonesia: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Indonesia: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Others: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Others: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: Europe: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: Europe: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Germany: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Germany: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: France: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: France: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: United Kingdom: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: United Kingdom: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: Italy: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: Italy: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Spain: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Spain: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Russia: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Russia: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Others: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Others: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Latin America: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Latin America: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Brazil: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Brazil: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Mexico: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: Mexico: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Others: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Others: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Middle East and Africa: Shotcrete Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Middle East and Africa: Shotcrete Market: Breakup by Country (in %), 2024
- Figure 72: Middle East and Africa: Shotcrete Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 73: Global: Shotcrete Industry: SWOT Analysis
- Figure 74: Global: Shotcrete Industry: Value Chain Analysis
- Figure 75: Global: Shotcrete Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Shotcrete Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Shotcrete Market Forecast: Breakup by Technique (in Million USD), 2025-2033
- Table 3: Global: Shotcrete Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 4: Global: Shotcrete Market Forecast: Breakup by System (in Million USD), 2025-2033
- Table 5: Global: Shotcrete Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Shotcrete Market: Competitive Structure
- Table 7: Global: Shotcrete Market: Key Players
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