Sprayed concrete is concrete sprayed into a place through a hose. It is also known as gunite or shotcrete and used for rapidly expediting concrete construction. Repair of damaged buildings, tunnel linings, and underground reservoirs are its major applications. The global sprayed concrete market report by Market Research Future (MRFR) unearths important trends and challenges to be faced by the industry in light of the COVID-19 pandemic. It contains a comprehensive solution for industry leaders coupled with estimations for the forecast period (2021-2028).

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Competitive Landscape

The key players of global sprayed concrete market are BASF SE (Germany), HEIDELBERGCEMENT AG (Germany), CEMEX S.A.B. de C.V. (Mexico), LafargeHolcim (Switzerland), Sika AG (Switzerland), LKAB (Sweden), KPM Industries Ltd (Canada), The QUIKRETE Companies (US), GCP Applied Technologies Inc. (US), U.S. Concrete, Inc. (US).

Segmentation

On the basis of process, the sprayed concrete market is divided into wet process and dry process. The wet process segment is dominating the market, owing to various advantages such as controlling on water content, easy spraying, and adding admixtures as per design requirement during the preparation of the mix.

On the basis of system, the sprayed concrete market is divided into robotic spraying system and manual system. The robotic spraying system is the dominating segment, owing to the growing demand for simplifying the tasks of the operator and the lack of trained spraying equipment operators.

On the basis of application, the global sprayed concrete market is segmented into underground construction, protective coatings, strengthening & repair, retaining walls, water-retaining structures, and specialty construction. The underground construction segment holds the maximum market share owing to increasing underground construction globally. Utilization of gunite in tunnels, drains, and mines for repairing the lining and maintaining natural surroundings can drive the demand of sprayed concrete in the application.

Market Scope

The global Sprayed Concrete Market Share is expected to expand at 8.45% over the forecast period owing to rise of commercial and residential building construction. Upgrade in infrastructure coupled with expedited time for construction can facilitate market growth. Rise of urbanization, investments in tunneling projects, and efficiency of shotcrete are other drivers of the market. Construction of swimming pools, sculptures, modern homes, and dams are likely to create new growth opportunities to the market.

The COVID-19 pandemic has negatively impacted the use of concrete owing to dip in infrastructural projects. Efforts made in buttressing the healthcare infrastructure for curbing the spread of the virus have caused the decline in demand of concrete. However, government fiscal stimulus packages for reviving economies can bode well for the market.

But safety hazards pertaining to the use of sprayed concrete can hamper its demand. Shortage of skilled laborers owing to the recession and the pandemic can stunt the market growth.

Regional Analysis

North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are regions considered for the global sprayed concrete market.

Europe is expected to be a lucrative market owing to rapid construction of municipal, residential, and commercial buildings. Repair of underground tunnels and sewage systems require concrete with a high degree of strength and high drying period. Sprayed concrete can be used in adhering to surfaces rapidly and expedite construction period. Construction of new tunnels such as the Herrschaftsbucktunnel in Germany used sprayed concrete for preventing falling of rocks and assuring worker safety. Germany and the U.K. are two large countries contributing the maximum to market demand in the coming years. This is attributed to low-interest rates of mortgages, increasing construction of private housing, and a large populace.

Industry News

CEMEX, a North America based company, has provided sprayed concrete solutions to the city of London for strengthening the shafts and launch tunnels in the sewage system. The company aims to keep the supply consistent for completing the Tideway project during the COVID-19 pandemic.

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