The Global Shotcrete
Market was considerable in size in 2020, and it is predicted to continue to
grow at a quick rate between 2021 and 2028. High demand for shotcrete in the
form of wet mix and robotic systems, primarily in tunnel, mine, and subway
construction, are key factors driving market revenue growth. In addition,
increased utilisation in the repair of water-retaining structures, as well as
the advent of sophisticated technologies, will drive the market forward.
Shotcrete, also known as gunite or sprayed concrete, is a
widely used construction technology in which mortar or concrete is propelled
through a hose and pneumatically projected at high velocity through a nozzle
onto a vertical surface. Steel mesh, steel rods, or fibres are commonly used to
reinforce concrete. Shotcrete has a high water-concrete ratio, great strength,
high density and permeability, freeze and thaw resistance, strong adhesion and
binding strength, and thickness.
In 2016, the Global Shotcrete Market was worth $5.61
billion. Shotcrete is a pneumatic method of spraying concrete through a hose at
high velocity onto a surface. The concrete is mixed with water and sprayed over
the substrate with a nozzle. Infrastructure development and sustainable public
transportation are driven by Asia Pacific's growing population and booming
economy. Rapid investment in underground tunnelling and metro rail development
to avoid traffic and shorten travel time in Asia Pacific's densely populated
regions is predicted to drive shotcrete
market expansion exponentially between 2017 and 2025. Moreover, during
the projection period, technological improvements in shotcrete would expand its
application area even more.For example, for subterranean and tunnelling work,
the Shot-Tech robotic system uses a remote-controlled spraying arm. Putzmeister
Shotcrete Technology is the market leader in wet- and dry-process shotcrete
equipment design and manufacturing.
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| Shotcrete Market |
Growing demand from the building and infrastructure
industries, as well as increased demand from the mining sector, are the primary
factors boosting the market in the medium term. On the other hand, the market's
growth is being hampered by the poor performance of alkali-free shotcrete
accelerators, as well as harsh conditions caused by the COVID-19 epidemic. The
Asia-Pacific region is likely to dominate the global market, with China and
India accounting for the majority of consumption.
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