Shotcrete Accelerator Market to Reach 1.2 Million Tons by 2022 - Due to Mining Activities, Increase in Tunnel Construction & Growth in Construction Repairs in Developed Countries - Research and...

DUBLIN, June 22, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Shotcrete Accelerator Market by Type (Alkali Free, Alkaline Aluminate, Alkaline Silicate), Grade (Liquid, Powder), Process (Wet Mix, Dry Mix), Application (Mining, Tunneling, Construction Repair, Water Retaining Structure) - Global Forecast to 2022" report to their offering.

The global shotcrete accelerator market is projected to reach USD 1,101.8 Million by 2022, at a CAGR of 8.2%. It is projected to reach 1.22 Million tons by 2022 by volume. The mining activities around the world, increase in tunnel construction due to rapid urbanization in emerging economies and growth in construction repairs in developed countries, are the key factors driving the global shotcrete accelerator market.

Alkali free accelerators were the largest and fastest type of shotcrete accelerator in 2016. Alkali-free accelerators were developed as the traditional alkaline accelerators were caustic in nature which caused several health hazards to the shotcrete nozzle operators. Apart from this, due to their superior properties in terms of the 28-day strength or the final strength of the structure, they have been replacing the alkaline accelerators.

Globally, liquid accelerator is the largest and fastest-growing grade of shotcrete accelerator in 2016. Both alkali free and alkaline accelerators are available in their liquid form. Liquid accelerators are generally used for the wet process. The wet process is preferred for underground construction such as mining and tunneling, where larger volume of shotcrete accelerator is consumed.

Wet mix shotcrete process is the largest and fastest-growing process in the global shotcrete accelerator market. The major applications of shotcrete accelerator are in the mining and tunnel construction which uses the wet- mix process. Structures constructed with the wet process are seen to have superior quality and are more efficient compared to the dry process which is the main factor in driving the shotcrete accelerator market in this process.

The European region led the global shotcrete accelerator market, both, in terms of value and volume, in 2016. Germany dominates the market followed by Italy, Switzerland, Norway and Sweden in terms of value, in 2016. The growth in the shotcrete accelerator market in Germany is due to a sudden spur in the German construction industry. The German construction industry accounts for 4% of the country's gross domestic product (GDP), and it amounted to around USD 334 million in 2015. The strong boom in the German construction industry is attributed by the strong growth of the Eurozone economy.

Companies Mentioned

• Applied Concrete Solutions
• Atek Fine Chemical Co., Ltd
• BASF SE
• Basalite Concrete Products LLC
• Chryso SAS
• Cico Group
• Cormix International Limited
• Denka Company Limited
• Draco Italiana SPA
• Fosroc
• GCP Applied Technologies Inc.
• Gemite Group
• Hardman Chemicals Pty. Ltd.
• IQE Group
• Mapei S.P.A
• Mc-Bauchemie
• Muhu Construction Materials Co., Ltd.
• Normet Oy
• Polygon Chemicals
• SI Powders
• Shotcrete Technologies Inc.
• Sika AG.
• Silkroad C & T Co., Ltd.
• Target Products Limited
• The Euclid Chemical Company

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Shotcrete Accelerator Market, By Type

7 Shotcrete Accelerator Market: By Grade

8 Shotcrete Accelerator Market: By Process

9 Shotcrete Accelerator Market, By Application

10 Shotcrete Accelerator Market, By Region

11 Competitive Landscape

12 Company Profiles

13 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/28g6qs/shotcrete

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SOURCE Research and Markets