Global Shotcrete Accelerator Market Growth 2023-2029

Global Shotcrete Accelerator Market Growth 2023-2029

Shotcrete Accelerator is a chloride free, non-caustic accelerator primarily used in shotcrete applications. Shotcrete Accelerator has two main effects on shotcrete. It provides rapid setting or stiffening so the newly applied shotcrete can begin to support almost immediately. It also provides high early strength to allow loading at an early stage. Accelerator is a kind of chemical admixture that makes cement set quickly. It can set and harden cement in a short period of time. It is mainly used in sprayed concrete and sprayed mortar projects. Shotcrete has many advantages in construction and rock support. It has become a very important and necessary measure in modern underground engineering. In particular, the development of wet-mix shotcrete technology has greatly expanded the use of shotcrete in underground engineering. range. The main function of the liquid accelerator for sprayed concrete is to accelerate the setting of the concrete mixture and improve the early strength, which can increase the thickness of the spray layer and shorten the time for spraying the next layer. With economic development and technological progress, the application of accelerators has become more and more extensive, such as mines, tunnels, leak plugging, underground engineering, etc.
LPI (LP Information)' newest research report, the “Shotcrete Accelerator Industry Forecast” looks at past sales and reviews total world Shotcrete Accelerator sales in 2022, providing a comprehensive analysis by region and market sector of projected Shotcrete Accelerator sales for 2023 through 2029. With Shotcrete Accelerator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shotcrete Accelerator industry.
This Insight Report provides a comprehensive analysis of the global Shotcrete Accelerator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shotcrete Accelerator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shotcrete Accelerator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shotcrete Accelerator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shotcrete Accelerator.
The global Shotcrete Accelerator market size is projected to grow from US$ 690.6 million in 2022 to US$ 963.8 million in 2029; it is expected to grow at a CAGR of 963.8 from 2023 to 2029.
Global Shotcrete Accelerator key players include BASF SE, Sika AG, Denka, Mapei SpA, GCP Applied Technologies, etc. Global top five manufacturers hold a share about 47%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 41 percent. In terms of product, Liquid Accelerator is the largest segment, with a share over 64%. And in terms of application, the largest application is Tunneling, followed by Mining, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Shotcrete Accelerator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
by Grade
Liquid Accelerator
Powdered Accelerator
by Ingredient
Alkaline Type
Low Alkaline and Alkali Free Type
Segmentation by application
Mining
Tunneling
Construction Repair Works
Water Retaining Structures
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF SE
Sika AG
Denka
Mapei SpA
GCP Applied Technologies
Mc-Bauchemie
Basalite Concrete Products
The Euclid Chemical Company
Chryso Group (Cinven)
Fosroc
Normet
Sobute New Materials
CICO Technologies
MUHU (China)
ATEK Fine Chemical
Cormix International
Kurita
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shotcrete Accelerator market?
What factors are driving Shotcrete Accelerator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shotcrete Accelerator market opportunities vary by end market size?
How does Shotcrete Accelerator break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.