Global Sprayed Concrete (Shotcrete) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Sprayed Process;

Wet Spraying and Dry Spraying.

By Grade;

Standard Grade, Fiber Reinforced Grade, and High Performance Grade.

By Application;

Underground Construction, Water Recreational Activities, Protective Coatings, Refractory and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn588387142 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sprayed Concrete (Shotcrete) Market (USD Million), 2021 - 2031

In the year 2024, the Global Sprayed Concrete (Shotcrete) Market was valued at USD 10,605.11 million. The size of this market is expected to increase to USD 18,412.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The global sprayed concrete, or shotcrete, market has witnessed significant growth in recent years, driven by a variety of factors including infrastructure development, increasing demand for repair and maintenance activities, and advancements in construction technologies. Shotcrete, a method of applying concrete or mortar through a hose at a high velocity onto a surface, finds extensive applications in tunneling, mining, construction, and repair works due to its versatility and durability.

One of the key drivers of the market is the surge in infrastructure projects worldwide, particularly in developing economies where urbanization and industrialization are on the rise. Governments and private sector entities are investing heavily in infrastructure development, including transportation networks, underground structures, and residential and commercial buildings, thus fueling the demand for shotcrete.

The growing focus on sustainable construction practices has propelled the adoption of shotcrete, as it offers several environmental benefits such as reduced material wastage, lower energy consumption, and minimized carbon footprint compared to traditional construction methods. This has further contributed to the expansion of the global sprayed concrete market.

Technological advancements in shotcrete equipment and materials have also played a significant role in driving market growth. Manufacturers are continuously innovating to enhance the performance, efficiency, and safety of shotcrete systems, thereby catering to the evolving needs of the construction industry.

The market faces challenges such as stringent regulations related to the use of shotcrete in certain applications, as well as competition from alternative construction methods. Nevertheless, with ongoing infrastructure development projects and increasing awareness about the benefits of shotcrete, the market is expected to continue its upward trajectory in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Sprayed Process
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Sprayed Concrete (Shotcrete) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Development
        2. Rising Urbanization
        3. Growing Mining Activities
        4. Technological Advancements
        5. Environmental Benefits
      2. Restraints
        1. High Initial Costs
        2. Technical Challenges
        3. Regulatory Compliance
        4. Competition from Alternative Materials
        5. Limited Awareness and Education
      3. Opportunities
        1. Emerging Economies
        2. Repair and Rehabilitation Projects
        3. Expansion in Mining and Tunneling Activities
        4. Development of Sustainable Solutions
        5. Investment in Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sprayed Concrete (Shotcrete) Market, By Sprayed Process, 2021 - 2031 (USD Million)
      1. Wet Spraying
      2. Dry Spraying
    2. Global Sprayed Concrete (Shotcrete) Market, By Grade, 2021 - 2031 (USD Million)
      1. Standard Grad
      2. Fiber Reinforced Grade
      3. High Performance Grade
    3. Global Sprayed Concrete (Shotcrete) Market, By Application, 2021 - 2031 (USD Million)
      1. Underground Construction
      2. Water Recreational Activities
      3. Protective Coatings
      4. Refractory
      5. Other Applications
    4. Global Sprayed Concrete (Shotcrete) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sika AG
      2. BASF SE
      3. KPM Industries Ltd.
      4. HeidelbergCement AG
      5. CEMEX S.A.B. de C.V.
      6. GCP Applied Technologies Inc.
      7. LKAB Berg & Betong AB
      8. The Euclid Chemical Company
      9. Normet Group
      10. Quikrete Holdings, Inc
  7. Analyst Views
  8. Future Outlook of the Market