Sprayed Concrete Market Size to Register 8.0% CAGR During Forecast Period


Posted September 20, 2016 by Priyasharma

Shotcrete/Sprayed Concrete Market is projected to reach USD 8.30 billion by 2021, registering a CAGR of 8.0% from 2016 to 2021.

 
Rapid technological developments in shotcrete fuel the growth of the shotcrete/sprayed concrete market.

Complete report Shotcrete/Sprayed Concrete Market spread across 178 pages, profiling 11 companies and supported with 114 tables and 53 figures is now available at
http://www.rnrmarketresearch.com/shotcretesprayed-concrete-market-by-process-wet-dry-applications-underground-construction-water-retaining-structures-protective-coatings-repair-works-others-systems-geography-global-t-market-report.html
Underground construction is the largest as well as fastest-growing 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 constructions is primarily driven by increasing urbanization, fast growing economic development, underground construction, and transportation facilities, mainly in developing countries such as India, the Philippines, Egypt, and Indonesia.
Europe is the largest market for shotcrete, which accounted for the maximum share of the overall market size, in terms of value, in 2015. This large market share is attributed to rapid developments in shotcrete technology and raw materials, and increase in tunneling and mining activities. Asia-Pacific is the fastest-growing market, in terms of value, owing to rise in population and increase, consumer preferences, and urban lifestyle.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (34%); Tier 2 (33%) and other (33%) companies were contacted for interviews. The interviews were conducted with various key people such as C-level (12%), Director level (25%), and Others (63%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (12%), Europe (12%), Asia-Pacific (63%), and Row (13%).

The report also provides company profiles and competitive strategies adopted by the major market players, such as BASF SE (Germany), Sika AG (Switzerland), HeidelbergCement AG (Germany), Cemex S.A.B. de C.V. (Mexico), KPM Industries Ltd. (Canada), The Euclid Chemical Company (U.S.), LKAB Berg & Betong AB (Sweden), Quikrete Companies Inc. (U.S.), U.S. Concrete, Inc. (U.S.), and LafargeHolcim (Switzerland).
Ask for a discount before order a copy of Shotcrete/Sprayed Concrete Market by Process (Wet & Dry), Application (Underground Construction, Water Retaining Structures, Protective Coatings, Repair Works), System (Robotic and Manual), and Region - Global Forecasts to 2021 at
http://www.rnrmarketresearch.com/contacts/discount?rname=102155
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Concrete Superplasticizers Market by Type (SNF, SMF, MLF, PD and Others), by Application (Ready-Mix, Precast, Shotcrete, High Performance, Self-Compacting, and Others), and by Region - Global Trends and Forecast to 2020. The concrete superplasticizers (CSP) market is projected to reach USD 4.77 billion by 2020, registering a CAGR of 8.2% between 2015 and 2020. Now available at http://www.rnrmarketresearch.com/concrete-superplasticizer-market-by-types-snf-pc-smf-mls-application-ready-mix-precast-self-compacting-high-performance-shotcrete-others-forms-liquid-powder-geography-regional-market-report.html
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Issued By Priya
Country India
Categories Construction , Engineering
Tags sprayed concrete , sprayed concrete market
Last Updated September 20, 2016