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?
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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?
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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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