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Shotcrete-Sprayed Concrete Market by Process, Application, and Geography - Forecast and Analysis 2020-2024

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR44606
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The shotcrete-sprayed concrete market size has the potential to grow by USD 2.37 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by process (wet mix and dry mix), application (underground construction, water retaining structures, repair works, protective coatings, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including BASF SE, CEMEX SAB de CV, GCP Applied Technologies Inc., HeidelbergCement AG, LafargeHolcim Ltd., Luossavaara-Kiirunavaara AB, Natural Cement Distribution Ltd., Pacific Coast Building Products Inc., Sika AG, and The Euclid Chemical Co.

What will the Shotcrete-Sprayed Concrete Market Size be in 2020?

Shotcrete-Sprayed Concrete Market Size

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Who are the Major Shotcrete-Sprayed Concrete Vendors?

The shotcrete-sprayed concrete market is concentrated. BASF SE, CEMEX SAB de CV, GCP Applied Technologies Inc., HeidelbergCement AG, LafargeHolcim Ltd., Luossavaara-Kiirunavaara AB, Natural Cement Distribution Ltd., Pacific Coast Building Products Inc., Sika AG, and The Euclid Chemical Co. are some of the major market participants. Factors such as the increase in number of applications of shotcrete-sprayed concrete, rise in construction activity, increasing urbanization, and increasing disposable income will offer immense growth opportunities. However, availability of skilled workforce, transport of shotcrete-sprayed concrete in underground construction, and hazardous impact of concrete and CO2 emissions may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this shotcrete-sprayed concrete market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this shotcrete-sprayed concrete market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • BASF SE
  • CEMEX SAB de CV
  • GCP Applied Technologies Inc.
  • HeidelbergCement AG
  • LafargeHolcim Ltd.
  • Luossavaara-Kiirunavaara AB
  • Natural Cement Distribution Ltd.
  • Pacific Coast Building Products Inc.
  • Sika AG
  • The Euclid Chemical Co.

 

Which are the Key Markets for Shotcrete-Sprayed Concrete?

Shotcrete-Sprayed Concrete Market Market segmentation by region

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period.

33% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for shotcrete-sprayed concrete in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the shotcrete-sprayed concrete market size.

What are the Key Factors Covered in this Shotcrete-Sprayed Concrete Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive shotcrete-sprayed concrete market growth during the next five years
  • Precise estimation of the shotcrete-sprayed concrete market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the shotcrete-sprayed concrete industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of shotcrete-sprayed concrete market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Underground construction - Market size and forecast 2019-2024
  • Water retaining structures - Market size and forecast 2019-2024
  • Repair works - Market size and forecast 2019-2024
  • Protective coatings - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by Process

  • Market segments
  • Comparison by Process
  • Wet mix - Market size and forecast 2019-2024
  • Dry mix - Market size and forecast 2019-2024
  • Market opportunity by Process

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BASF SE
  • CEMEX SAB de CV
  • GCP Applied Technologies Inc.
  • HeidelbergCement AG
  • LafargeHolcim Ltd.
  • Luossavaara-Kiirunavaara AB
  • Natural Cement Distribution Ltd.
  • Pacific Coast Building Products Inc.
  • Sika AG
  • The Euclid Chemical Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Shotcrete-Sprayed Concrete market growth will increase by $2373.33 million during 2019-2024.
The shotcrete-sprayed concrete market is expected to grow at a CAGR of 5.96% during 2019-2024.
Technavio has segmented the shotcrete-sprayed concrete market by other1 (Wet mix and Dry mix) ,application (Underground construction, Water retaining structures, Repair works, Protective coatings, and Others) , and geographic (Europe, APAC, North America, MEA, and South America).
BASF SE, CEMEX SAB de CV, GCP Applied Technologies Inc., HeidelbergCement AG, LafargeHolcim Ltd., Luossavaara-Kiirunavaara AB, Natural Cement Distribution Ltd., Pacific Coast Building Products Inc., Sika AG, The Euclid Chemical Co. are a few of the key vendors in the shotcrete-sprayed concrete market.
APAC will register the highest growth rate of 32.58% among the other regions. Therefore, the shotcrete-sprayed concrete market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the shotcrete-sprayed concrete market growth are:
  • Increase in number of applications of shotcrete-sprayed concrete
The shotcrete-sprayed concrete market vendors should focus on grabbing business opportunities from the wet mix segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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