Shotcrete/Sprayed Concrete Market

Shotcrete Market Is Driven By Underground Constructions Industry And A Range Of Applications

The Shotcrete Market is contemplating high research activities to create new equipment to minimize human effort. One of the major problems is the wide price range that makes material choosing very difficult and hard to derive optimal cost effectiveness.

Globally, shotcrete is used to construct key infrastructure assets that ensures quality and reduces lead time for construction. Financial benefits accrued by using shotcrete in projects are substantial, as it offers multi-fold benefits and decreases their overall cost. Shotcrete has gained importance in the recent past due to increasing demand by end user applicants.

With growing population and economic development around the world, the problem of providing sustainable transportation infrastructure has been a key bottleneck. With increasing traffic, dependency on underground transportation has been the norm of the day in many countries. Mining companies are now exploring deeper contours to meet the increasing demand for minerals, which presses the need for shotcrete application to support rock, providing stability and safety.

Hence, Shotcrete/Sprayed Concrete Market companies are leveraging this demand by providing advanced equipment and materials capable of performing in all the end userapplications with growing demand.
In 2012, Europe was the largest market for underground construction accounting for 37.7% of the overall shotcrete market by revenue. Asia-Pacific and North America together accounted for 40.8% of the global shotcrete market revenue in 2012.

The Latin America and Middle East shotcrete market is expected to continue to increase substantially during the next five years on the back of few key infrastructure developments taking place in these regions.
In 2012, underground construction dominated the overall global shotcrete market and accounted for 52.7% of the total market share. Water retaining structures industry is expected to drive the implementation of the shotcrete in the market during the next five years.

Marketsandmarkets.com provides the basic information of its latest research report.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com

Report Code
CH 1877
Published ON
Sep, 2016
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Shotcrete/Sprayed Concrete Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved