Home Press Releases Shotcrete Accelerator Market Overview: Key Drivers and Market Landscape

Shotcrete Accelerator Market Overview: Key Drivers and Market Landscape

by Press Room


(EMAILWIRE.COM, January 06, 2024 ) The report “Shotcrete Accelerator Market by Type (Alkali Free, Alkaline Aluminate, Alkaline Silicate), Grade (Liquid, Powdered), Process (Wet Mix, Dry Mix), Application (Mining, Tunneling, Construction Repair, Water Retaining Structures) – Global Forecast to 2022″, The global shotcrete accelerator market was valued at USD 689.3 Million in 2016 and is projected to reach USD 1,101.8 Million by 2022, at a CAGR of 8.2% from 2017 to 2022. The market size in terms of volume is projected to reach 1.22 Million tons by 2022.

Browse in-depth TOC on “FRP Rebar Market”

133 – Market Data Tables

46 – Figures

175 – Pages

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=202209277

Early buyers will receive 10% customization on reports.

Growth in this market can be attributed to the rise in mining activities around the world. Shotcrete accelerators are indispensable admixtures for construction in the mining industry. Mining activities around the world have increased due to an increase in metals and minerals exploration during the last five years, which is expected to drive the demand for the shotcrete accelerator. An increase in tunnel construction due to rapid urbanization in emerging economies is also expected to drive the shotcrete accelerator market during the forecast period. In the Asia-Pacific and the Middle East & Africa, especially in countries such as Thailand, Malaysia, Singapore, South Korea and the GCC countries of UAE, Qatar, and Saudi Arabia, there has been rapid construction of new cities which in turn has led to building new rail and road tunnels in the region. This has led to the increased consumption of shotcrete accelerator from these regions.

Alkali Free: The largest type in the shotcrete accelerator market

Alkali free accelerator is the largest type in the global shotcrete accelerator market, followed by alkaline aluminate and alkaline silicate accelerators. Alkali free accelerator is the newly developed shotcrete accelerator and has better mechanical properties than the alkaline accelerators. Due to the high alkaline nature of the alkaline aluminate and alkaline silicate accelerators, which cause hazards to health, alkali free accelerators are increasingly favored.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=202209277

Liquid Accelerator: The largest grade in the shotcrete accelerator market

Liquid accelerator is currently the largest consumed grade of shotcrete accelerator. Liquid accelerators are favorable as these cause lower pollution than powdered accelerators and are convenient for overhead spraying of shotcrete. Liquid accelerators are better compatible with the wet process as compared to powdered accelerators. In the wet process, these are generally used for underground construction such as mining and tunneling, where the application of shotcrete accelerator is the highest as compared to other areas of application.

Wet Process: The largest process in the shotcrete accelerator market

The wet mix process finds usage in the mining and tunneling applications, which are the major applications of shotcrete accelerator. The wet mix process is the more commonly preferred process as it provides several advantages over the dry mix process. Some of these advantages are imparting superior quality to structures, providing safer working conditions, less rebound, less energy requirement, and low manpower required to carry out the process.

Don’t miss out on business opportunities in Shotcrete Accelerator Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=202209277

Europe: The largest market for shotcrete accelerator

The European region was the largest market for shotcrete accelerator, in terms of both, value and volume, in 2016. Europe is expected to be the largest market for shotcrete accelerators as the European construction industry is technologically advanced. The shotcrete accelerator market is expected to have ample opportunities in the Nordic countries of Norway and Sweden, as these countries are exploring new areas for mining. However, the European market has matured over the years and the growth of this region has slowed as compared to the rest of the world.

Shotcrete accelerator manufacturers such as BASF SE (Germany), Sika AG (Switzerland), Mapei Spa (Italy), GCP Applied Technologies (U.S.), Normet Oy (Finland), Chryso SAS (France), The Euclid Chemical Company (U.S.), Denka Company Limited (Japan), Basalite Concrete Products LLC (U.S.), and Fosroc (U.K.), are covered in the market report.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.


Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com

Source link

You may also like

About Us

Arab Africana™ publishes and aggregates business, socio-economic, Tech and industrial news on Arab countries in Africa.


We provide press release distribution to media in Africa including Arab countries, the Arab world and the GCC/MENA regions. To submit a press release for distribution, contact us today.

Trending Now


    ArabAfricana logo-white

    Arab Africana is part of GroupWeb Media Network. ©  2024 GroupWeb Media LLC