Sprayed Concrete Market Major Growth Driving Factors and Comprehensive Research Report, 2028

Global sprayed concrete market is estimated to grow considerably in the forecast period owing to increased underground mining and construction activities. Sprayed concrete is often referred as Shotcrete (wet mix) or Gunite (dry mix). It is the procedure of applying concrete without the need for formwork. The concrete is either conveyed in wet, dry or semi dry state, as needed and then pumped into the spraying nozzle for application. It reduces formwork, which saves time and money, offers early strength with good bond strengths and adhesion, high durability, low permeability, and can potentially convey good amount of material to long distances form the point of application.

The growth of sprayed concrete market is majorly influenced by growing construction areas like water retaining structures, free formed structures, and protective coatings and increasing construction of special structures like bank vaults, domes, barrel vaulting, blast-proofs, hell roofs. Moreover, other factors driving the market are technological advancements in the construction sector, decrease in framework cost, technical efficiency and high sustainability offered by sprayed concrete. Nonetheless, sprayed concrete market is hampered due to lack of skilled labor.

Increased initiatives by the European government for use of eco-friendly materials is one of the major trends in the market growth. Increase in construction activities in Asia Pacific regions is expected to offer lucrative opportunities to the sprayed concrete market.

Leading players:
• BASF
• Sika
• Cemex
• Heidelbergcement
• Quikrete Companies
• GCP Applied Technologies
• The Euclid Chemical Company
• KPM Industries
• Lafargeholcim
• Gunform International
• Prestec UK
• Contech UK

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The market is categorized on the basis of system type, process, application, and geography. 

Market split by Type:
• Wet Sprayed Concrete
• Dry Sprayed Concrete

Market split by Application:
• Underground Construction
• Water Retaining Structures
• Repair Works
• Protective Coatings

Market split by Sales Channel:
• Direct Channel
• Distribution Channel

Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

Europe holds a larger market share due to increase in the number of underground construction in economies like Austria, Switzerland, Italy, and Germany. Asia Pacific is also expected to lead the market due to increased demand form countries like Japan, China, and Australia.

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Report content also includes:
• Analysis of the market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles including products, sales/revenues, and market position
• Market structure, market drivers and restraints.