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Shotcrete Concrete Market Size, Share, and COVID-19 Impact Analysis, By Technique (Wet Mix and Dry Mix), By Application (Underground Construction, Water Retaining Structures, Protective Coatings, Repair Works, and Others), And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106757 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Shotcrete is a technique for projecting concrete at a high velocity onto a vertical or above surface. The application's impact helps to solidify the concrete. Although shotcrete's hardened qualities are comparable to those of traditional cast-in-place concrete, the nature of the application method results in an excellent bond with most substrates and quick or instant capabilities, especially on complex forms or shapes. Shotcrete requires less formwork and can be more cost-effective than traditional concrete placement. Shotcrete can be applied in a wet mix-mix or dry mix-mix method. It is appropriate for curved and thin elements and utilized in new construction and restorations.



  • Increasing demand for shotcrete concrete for slope and surface protection, underground excavation, marine structures, and buildings is surging the demand.

  • Shotcrete is cost-effective as it just requires a tiny, portable facility to manufacture and install. Shotcreting operations are frequently used to repair structures in places with limited access.


Attributed to its versatility in shape, high strength, durability, good bonding ability, and ease of application onto a surface at high velocity in locations with limited access, it is an important material for operation. Its applications range from slope and surface protection to structural renovation. Shotcrete is used to protect a lacerated surface that might otherwise deteriorate or become unstable, owing to fracture and flaws if left untreated.


  • Shotcrete for subterranean support has become increasingly popular in the mining industry in recent years. The simultaneous operation of numerous headings, odd filling circumstances, and access difficulties are some of the issues that are unique to underground mining and necessitate novel shotcrete uses.

  • Shotcrete is useful where formwork is too expensive or impossible, where forms can be reduced or removed, access to the work area is challenging, thin layers or variable thicknesses are required, or traditional casting procedures are unavailable.


Impact of COVID-19 on the Shotcrete Concrete Market


The global economic crisis induced by the COVID-19 pandemic had a significant influence on global trade. Due to the financial collapse in the construction industry, which resulted in unemployment and suspension or cancellation of building projects, the COVID-19 pandemic had a detrimental influence on the shotcrete concrete market growth. Various countries are feeling the impacts, causing uncertainty and instability. Construction projects were halted as government funds were diverted to the healthcare sector. Raw resources and labor were scarce due to social distance rules and import-export restrictions. As a result, operational constraints and interrupted supply chains limited the shotcrete concrete market during the pandemic.

Key Insights

The report will cover the following key insights:


  • Regulatory scenario of shotcrete concrete

  • Key development of shotcrete concrete

  • Government initiatives to promote shotcrete concrete

  • Impact of COVID-19 on the Market


Analysis by Technique


By technique, the market is classified into wet mix and dry mix.


  • When using lightweight concrete, the dry mix technique is employed. Higher strengths, less creep and drying shrinkage, and greater durability are all benefits of the lower water-cement ratio. The use of air-entraining agents in the wet process can readily produce improved durability.

  • The water content is more accurately regulated in the wet mix procedure since it entails mixing all materials with the desired water content. In the shotcrete concrete business, the wet mix shotcrete technology is generally preferred. The wet mix is created by mixing cement, mortar, and sprayed concrete additives with water.


Regional Analysis


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The global shotcrete concrete market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Europe has the largest shotcrete concrete market share attributed to the high demand for protective coating application. Increasing repairs and renovation activities of infrastructures are expected to fuel market growth.

Asia Pacific is the fastest growing market due to the rising construction industry. North America is expected to show moderate growth. Latin America and the Middle East & Africa are expected to exhibit considerable growth by the end of the forecast period.

Key Players Covered


The report includes the profiles of key players such as BASF SE, Heidelberg Cement, Grupo ACS, Cemex, Sika AG, GCP Applied Technologies, U.S. Concrete, Mapei, and Normet, and others.

Segmentation
















By Technique


By Application


By Geography



  • Wet Mix

  • Dry Mix




  • Underground Construction

  • Water Retaining Structures

  • Protective Coatings

  • Repair Works

  • Others




  • North America (U.S. and Canada)

  • Europe (Germany, France, Italy, U.K., and Rest of Europe)

  • Asia Pacific (China, India, Japan, ASEAN, and Rest of APAC)

  • Middle East & Africa (GCC, South Africa, and Rest of MEA)

  • Latin America (Brazil, Mexico, and Rest of LATAM)



Key Industry Developments



  • In May 2020, Bruce Russell (CROM LLC) was named an ASA Qualified Shotcrete Contractor, according to the American Shotcrete Association (ASA). CROM LLC is the latest addition to ASA's Qualified Shotcrete Contractors, joining American Concrete Restorations, Inc (Advanced Wet-Mix), Coastal Gunite Construction Company (Advanced Dry-Mix), and Dees-Hennessey, Inc (Advanced Wet-Mix).

  • In March 2019, King Packaged Materials Company, a large independent Canadian manufacturer of dry shotcrete and concrete repair mortars, was acquired by Sika. Sika's geographic footprint in Canada will be expanded as a result of the acquisition, and its growth potential in the home improvement, construction, mining, and tunneling markets will be enhanced.

  • In January 2018, CEMEX, S.A.B. de C.V. revealed that it took part in the development of a new Minden canal junction, which is one of Germany's important inland shipping hubs. CEMEX collaborated with a local supplier to deliver roughly 100,000 cubic meters of concrete for this project. The new lock system, which is expected to help 4,000 freight shippers per year, required numerous specialist goods, including submerged concrete, self-compacting concrete, visible surface and chamber walls concrete, high freeze-thaw resistant concrete, shotcrete, and concrete for bored piles.





  • Ongoing
  • 2023
  • 2019-2022

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