Shotcrete is a technique used to pneumatically spray concrete through a hose at high velocity onto the surface. Factors such as growing underground construction activities such as tunneling and mining activities and rampant growth in infrastructure development are factors expected to boost growth of the shotcrete market during the forecast period (2017–2025). Robotic system segment is expected to dominate the shotcrete market over the forecast period and is expected to expand at a CAGR of 9.3% in terms of volume. According to a study conducted by Coherent Market Insights, the global robotic system market is projected to reach over 4,137.25 TCM by the end of 2017.
The global shotcrete market size was valued at $4,441 million in 2015 and is expected to grow at a CAGR of 8.6% to reach $7,819 million by 2023.
The latest market research report titled “Shotcrete Market” methodically summarizes key elements of Shotcrete research. The report provides an in-depth study of the Shotcrete , highlighting the latest growth trends and dynamics in the Shotcrete . The report is intended to assist readers in accurately assessing current and future Shotcrete scenarios.
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Top Key Players in Shotcrete market: Axalta Coating Systems, BASF SE, Heidelberg Cement, Grupo ACS, Lafargeholcim, Cemex, Sika AG, GCP Applied Technologies, U.S. Concrete, Mapei, and Normet.
Regional Analysis For Shotcrete Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Shotcrete market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
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Significant Highlights of the Report:
- A detailed look at the Industry
- Changing business trends in the global for Shotcrete market
- A concurrent evaluation of multiple parameters is necessary in diagnosing the occurrence of Shotcrete Market.
- Detailed market analysis at different level such as type, application, end-user, regions/countries
- Historical and forecast size of the market in terms of revenue (USD Million)
- It helps in understanding the key product segments and their future
- Competitive landscape and player positioning analysis for the market
Reasons to Buy:
- Understand the demand for Shotcrete to determine the viability of the market.
- Identify the developed and emerging markets where Shotcrete services are offered.
- Identify the challenge areas and address them.
- Develop strategies based on the drivers, trends and highlights for each of the segments.
- Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
- Recognize the key competitors of this market and respond accordingly.
- Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
- Define the competitive positioning by comparing the products and services with the key players in the market.
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