Shotcrete Market
                     Shotcrete Market Insights, Opportunity Analysis, and Industry Forecast till 2025
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 US$ 5,612.73 million and 19,140.94 TCM in 2016 
and is expected. The market is expected to expand at a CAGR of 8.1% in terms of revenue and 
8.3% in terms of volume during 2017 – 2025.
Detailed Segmentation:
•Global Shotcrete Market, By Process:
•Wet-Mix
•Dry-Mix
•Global Shotcrete Market, By System:
•Robotic
•Manual
•Global Shotcrete Market, By Application:
•Underground Construction
•Water Retaining Structures
•Repair Works
•Protective Coatings
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insight/shotcrete-market-280
Major Keyplayers: BASF SE, Heidelberg Cement, Grupo ACS, Lafargeholcim, Cemex, Sika AG, 
GCP Applied Technologies, U.S. Concrete, Mapei, and Normet.
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