Global Shotcrete Accelerator Market Forecast 2027 – Projected Growth & Opportunities

By | June 14, 2023
Global Shotcrete Accelerator Market Forecast 2027 - Projected Growth & Opportunities

The global shotcrete accelerator market is projected to grow at a robust CAGR during the forecast period, 2017-2027. Shotcrete is a fast-hardening material that stabilizes and supports structures without the use of molds as it is non-caustic, non-corrosive, and offers a quick setting. Shotcrete accelerator is widely used for various applications such as excavation, restoration of buildings, slop stabilization, underground construction, concrete repair, etc. 

The Important Elements of the Global Shotcrete Accelerator Market

The market growth can be attributed to the growth in construction repairs in developed and developing countries and the increasing exploration of metals and minerals. Besides, the increase in the construction of tunnels, roads, bridges, and other infrastructure, owing to rapid urbanization is fuelling the growth of the global structural core materials market during the forecast period. Additionally, ongoing research activities for improving the setting time of shotcrete accelerators and growing mining activities across the globe are the main drivers of the global shotcrete accelerator market growth.

The global shotcrete accelerator market is segmented on the basis of type, grade, process, application, and region. Based on type, the market is divided into alkali-free accelerator, alkaline aluminate accelerators & alkaline silicate accelerators. The alkali-free accelerator is anticipated to dominate the market as alkali accelerators are caustic in nature and cause several health hazards to the shotcrete nozzle operators. Based on the grade, the market is divided into liquid accelerators vs powdered accelerator. The liquid accelerator segment is anticipated to register the highest growth as they are largely preferred for underground construction activities such as mining and tunneling. Geographically, Europe is anticipated to remain a strong contributor to the shotcrete accelerator market in the forecast period, owing to growth in the construction industry. APAC is expected to register a faster CAGR than any other region, backed by urbanization and the development of megacities.

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Some of the major players operating in the global shotcrete accelerator

  1. BASF SE
  2. Sika AG
  3. Mapei Spa
  4. GCP Applied Technologies Inc.
  5. Normet Oy
  6. The Euclid Chemical Company
  7. Denka Company Limited
  8. Basalite Concrete Products LLC
  9. Fosroc
  10. Chryso SAS, etc.
AttributeDetails
Historic Data2017 – 2020
Estimated Year2022
Forecast Period2023 – 2027
Quantitative UnitsRevenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027
Report CoverageRevenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends
Segments Covered·         By Type·         By Grade·         By Process·         By Application
Region scopeAsia Pacific; Europe; North America; South America; Middle East & Africa
Country scopeUnited Kingdom, Germany, France, Italy, Spain, the Rest of Europe, China, Japan, South Korea, Australia, India, the Rest of APAC, Brazil, Argentina, Colombia, the Rest of South America, Saudi Arabia, UAE, Israel, South, Africa, Rest of MEA
Key companies profiledBASF SE, Sika AG, Mapei Spa, GCP Applied Technologies Inc., Normet Oy, The Euclid Chemical Company, Denka Company Limited, Basalite Concrete Products LLC, Fosroc, Chryso SAS
Customization scope10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and purchase optionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the global shotcrete accelerator market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Shotcrete Accelerator Market, by Type:
    • Alkali-Free Accelerator
    • Alkaline Aluminate Accelerator
    •  Alkaline Silicate Accelerator
  • Shotcrete Accelerator Market, by Grade:
    • Liquid Accelerator
    • Powdered Accelerator
  • Shotcrete Accelerator Market, by Process:
    • Liquid Accelerator
    • Powdered Accelerator
  • Shotcrete Accelerator Market, by Application:
    • Mining
    • Tunneling
    • Construction Repair Works
    • Water Retaining Structures
    • Others
  • Shotcrete Accelerator Market, by Geography:
    • North America
      • United States
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • Australia
      • India
      • Rest of APAC
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Rest of South America
    • MEA
      • Saudi Arabia
      • UAE
      • Israel
      • South Africa
      • Rest of MEA

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players

Company Profiles: Detailed analysis of the major companies present in the global shotcrete accelerator market.

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Table of Content

Product Overview

  1. Research Methodology
  2. Impact of COVID-19 on the Global Shotcrete Accelerator Market
  3. Executive Summary
  4. Voice of Customer

5.1. Product Quality

5.2. Product Awareness

5.3. Pricing 

5.4. Factor Influencing Purchase Decision

  1. Global Shotcrete Accelerator Market Outlook 

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Type (Alkali-Free Accelerator, Alkaline Aluminate Accelerator & Alkaline Silicate Accelerator)

6.2.2. By Grade (Liquid Accelerator Vs Powdered Accelerator)

6.2.3. By Process (Wet Mix Process Vs Dry Mix Process)

6.2.4. By Application (Mining, Tunneling, Construction Repair Works, Water Retaining Structures & Others)

6.2.5. By Company

6.2.6. By Region

6.2.7. Market Attractiveness Index (By Type, By Grade, By Process, By Application & By Region)

  1. Asia-Pacific Shotcrete Accelerator Market Outlook

7.1.   Market Size & Forecast

7.1.1.  By Value & Volume

7.2.    Market Share & Forecast

7.2.1. By Type (Alkali-Free Accelerator, Alkaline Aluminate Accelerator & Alkaline Silicate Accelerator)

7.2.2. By Grade (Liquid Accelerator Vs Powdered Accelerator)

7.2.3. By Process (Wet Mix Process Vs Dry Mix Process)

7.2.4. By Application (Mining, Tunneling, Construction Repair Works, Water Retaining Structures & Others)

7.2.5. By Country (China, Japan, India, South Korea, Australia & Rest of Asia Pacific)

7.2.5.1.         China Shotcrete Accelerator Market Outlook

7.2.5.1.1.              Market Size & Forecast

7.2.5.1.1.1.  By Value & Volume

7.2.5.1.2.              Market Share & Forecast

7.2.5.1.2.1.  By Type (Alkali-Free Accelerator, Alkaline Aluminate Accelerator & Alkaline Silicate Accelerator)

7.2.5.1.2.2.  By Grade (Liquid Accelerator Vs Powdered Accelerator)

7.2.5.1.2.3.  By Process (Wet Mix Process Vs Dry Mix Process)

7.2.5.1.2.4.  By Application (Mining, Tunneling, Construction Repair Works, Water Retaining Structures & Others)

7.2.5.2.         India Shotcrete Accelerator Market Outlook

7.2.5.2.1.              Market Size & Forecast

7.2.5.2.1.1.  By Value & Volume

7.2.5.2.2.              Market Share & Forecast

7.2.5.2.2.1.  By Type (Alkali-Free Accelerator, Alkaline Aluminate Accelerator & Alkaline Silicate Accelerator)

7.2.5.2.2.2.  By Grade (Liquid Accelerator Vs Powdered Accelerator)

7.2.5.2.2.3.  By Process (Wet Mix Process Vs Dry Mix Process)

7.2.5.2.2.4.  By Application (Mining, Tunneling, Construction Repair Works, Water Retaining Structures & Others)

7.2.5.3.         Japan Shotcrete Accelerator Market Outlook

7.2.5.3.1.              Market Size & Forecast

7.2.5.3.1.1.  By Value & Volume

7.2.5.3.2.              Market Share & Forecast

7.2.5.3.2.1.  By Type (Alkali-Free Accelerator, Alkaline Aluminate Accelerator & Alkaline Silicate Accelerator)

7.2.5.3.2.2.  By Grade (Liquid Accelerator Vs Powdered Accelerator)

7.2.5.3.2.3.  By Process (Wet Mix Process Vs Dry Mix Process)

7.2.5.3.2.4.  By Application (Mining, Tunneling, Construction Repair Works, Water Retaining Structures & Others)

7.2.5.4.         Australia Shotcrete Accelerator Market Outlook

7.2.5.4.1.              Market Size & Forecast

7.2.5.4.1.1.  By Value & Volume

7.2.5.4.2.              Market Share & Forecast

7.2.5.4.2.1.  By Type (Alkali-Free Accelerator, Alkaline Aluminate Accelerator & Alkaline Silicate Accelerator)

7.2.5.4.2.2.  By Grade (Liquid Accelerator Vs Powdered Accelerator)

7.2.5.4.2.3.  By Process (Wet Mix Process Vs Dry Mix Process)

7.2.5.4.2.4.  By Application (Mining, Tunneling, Construction Repair Works, Water Retaining Structures & Others)

7.2.5.5.         South Korea Shotcrete Accelerator Market Outlook

7.2.5.5.1.              Market Size & Forecast

7.2.5.5.1.1.  By Value & Volume

7.2.5.5.2.              Market Share & Forecast

7.2.5.5.2.1.  By Type (Alkali-Free Accelerator, Alkaline Aluminate Accelerator & Alkaline Silicate Accelerator)

7.2.5.5.2.2.  By Grade (Liquid Accelerator Vs Powdered Accelerator)

7.2.5.5.2.3.  By Process (Wet Mix Process Vs Dry Mix Process)

7.2.5.5.2.4.  By Application (Mining, Tunneling, Construction Repair Works, Water Retaining Structures & Others)