Shotcrete Accelerator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Shotcrete Accelerator Market: Overview
Shotcrete accelerators are fast-hardening materials that stabilize and support structures without using any molds. Shotcrete accelerators are primarily used in construction activities, as they provide rapid stiffening. This helps the newly applied material to provide support to the construction structure. Shotcrete accelerators are non-caustic, non-corrosive, and also offer quick setting, and immediate and long-term strength.
Shotcrete accelerator is less harmful than Portland cement. It can be used in underground works, as it can protect the underground structure from loading effects, rock displacement, or blasting stresses. Shotcrete accelerator is the only choice of material for application in wet areas, as it hardens at a fast pace.
Shotcrete Accelerator Market: Dynamics and Trends
The shotcrete accelerator market is driven by the increase in construction activities across the globe. Construction of roads, bridges, and other infrastructure has risen due to the rapid urbanization. Growth in demand for the repair of roads in developed economies is also expected to contribute significantly to the shotcrete accelerator market in the near future. Increase in mining activities across the globe is also anticipated to boost the demand for shotcrete accelerators, as rapid stiffeners are required in mining activities.
The shotcrete accelerator market is expected to provide lucrative opportunities for new entrants, led by the increase in public-private partnerships. Furthermore, ongoing research activities are improving the setting time of shotcrete accelerators. This, in turn, is estimated to augment the usage of shotcrete accelerators in various verticals during the forecast period.
Shotcrete Accelerator Market: Segmentation
In terms of type, the shotcrete accelerator market can be bifurcated into liquid accelerator and powdered accelerator. The liquid accelerator segment is projected to account for higher market share during the forecast period, as liquid accelerators cause less pollution than powdered accelerators. Liquid accelerators are also capable of working in wet conditions, while powdered accelerators do not work in wet conditions.
Based on process, the shotcrete accelerator market can be divided into wet mix process and dry mix process. Between these, the wet mix process segment is estimated to constitute significant share of the market for shotcrete accelerator by the end of forecast period. The wet mix process is used largely in mining applications. This process is also preferred, due to its unique advantages over dry mix process.
In terms of end-user industry, the shotcrete accelerator market can be classified into mining, construction, and others. Of these, the mining segment is likely to hold major share of the market during the forecast period.. This, in turn, is driving the demand for shotcrete accelerators. Most mining activities are carried out underground; therefore, demand for shotcrete accelerators is anticipated to rise.
Shotcrete Accelerator Market: Regional Outlook
Geographically, Asia Pacific is estimated to account for large share of the shotcrete accelerator market during the forecast period. Demand for shotcrete accelerator materials is likely to increase significantly in Asia Pacific owing to the rise in construction and mining activities in the region. This is anticipated to offer immense opportunities for upcoming players in the shotcrete accelerator market in Asia Pacific.
Shotcrete Accelerator Market: Key Players
Key players operating in the shotcrete accelerator market include BASF
SE, Mapei Spa, Sika AG, Normet Oy and GCP Applied Technologies Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Chemicals
ChemicalsChinese Markets for Container Coatings
ChemicalsChinese Markets for Antioxidants
ChemicalsChinese Markets for Silicone Coatings
ChemicalsChinese Markets for Absorbents
Chemicals and MaterialsSulfone Polymer Market Forecast, Trend Analysis & Opportunity Assessment 2020-2039