Lewes, DE -- (SBWIRE) -- 12/12/2018 -- Global Shotcrete Accelerator market will register a 5.3% CAGR in terms of revenue, reach US$ 970 million by 2023, from US$ 710 million in 2017.

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.

Shotcrete has been widely used in tunnel, underground, and marine works for providing early support and preventing water seepage. Key performance indicators of the shotcrete are setting time and strength, which are decided by not only mixture design but also the use of the accelerator. The accelerator alters the hydration mechanisms of the cementitious material, influencing its strength development and setting time.

The Shotcrete Accelerator market is characterized by the presence of many vendors. These vendors are increasingly competing against each other based on factors such as access to raw materials, economies of scales, product innovations, and ability to recycle as the cost of raw materials is very high. Vendors in Shotcrete Accelerator market are focusing on gaining faster access to the raw materials and lowering the manufacturing costs of Shotcrete Accelerator. The industry is expected to remain innovation-led, with acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions' unfair methods of competition.

Over the next five years, study projects that Shotcrete Accelerator will register a 5.3% CAGR in terms of revenue, reach US$ 970 million by 2023, from US$ 710 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Shotcrete Accelerator market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Liquid Accelerator
Powdered Accelerator

Segmentation by application:
Mining and 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
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Shotcrete Accelerator consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Shotcrete Accelerator market by identifying its various subsegments.
Focuses on the key global Shotcrete Accelerator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Shotcrete Accelerator with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Shotcrete Accelerator submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 162 pages "Forecast of Global Shotcrete Accelerator Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Shotcrete Accelerator by Players, Shotcrete Accelerator by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Shotcrete Accelerator Market Forecast, Key Players Analysis, Research Findings and Conclusion.

Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-shotcrete-accelerator-consumption-market-2023

Find all Chemicals Reports at: https://www.marketresearchreports.com/chemicals

For related reports please visit: https://www.marketresearchreports.com/search/site/Shotcrete%2520Accelerator

Read our Interactive Market Research Blog

About MarketResearchReprots.com
MarketResearchReprots.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Contact us for your market research requirements: https://www.marketresearchreports.com/contact