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Shotcrete Accelerator Market Set for Massive Growth over 2024 : Sika, BASF, GCP Applied Technologies, Mapei, Euclid Chemical Company

Based on component shotcrete accelerator market is classified as alkali fee, alkaline aluminate and alkaline silicate.


Sellbyville, DE -- (SBWIRE) -- 05/14/2019 -- Global Market Insights, Inc., provides a comprehensive analysis of the Shotcrete Accelerator Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides industry landscape and market share information in the industry.

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Shotcrete Accelerator Market Size shall witness healthy growth during forecast period with application in construction industry. Rapid urbanization in emerging countries has led to formation of bridges and tunnels that employ product. These help in accelerating the construction work and provide better results. There has been an increase in government spending over public infrastructure and anticipated to propel shotcrete accelerator market.

These do not require moulds to settle down and are fast hardening materials that speeds up the overall process. It is advantageous in situations where either the framework is impractical or cost prohibitive or access for work area is difficult. These materials have excellent bonding strength that enhances durability of structures. It is operated by pneumatic machine that forces material into fine surface irregularities that is expected to boost shotcrete accelerator market.

Its manufacturing plant requires small and portable plant that provides an additional savings. The complete process is machine operated that reduces the overall cost. These are used to repair old structures and quite effective on various surfaces such as wood, concrete and steel that gives a positive outlook for shotcrete accelerator market.

Based on component shotcrete accelerator market is classified as alkali fee, alkaline aluminate and alkaline silicate. Alkali free has major share owing to better mechanical properties as compared to others and utilized for construction of new structures. Further, these do not contain alkali that makes it less hazardous. Alkaline aluminate and alkaline silicates are preferred for repair of old structures and have shown slow growth due to health hazards.

On the basis of grade, shotcrete accelerator market is segmented into liquid and powder form. Liquid grade has major share as these are more convenient for overhead spraying in structures. These are compatible with wet process and used for underground constructions. Further, it causes less air pollution and wastage of materials.

Based on process, shotcrete accelerator market is classified as wet mix and dry mix process. Wet mix has larger share with application in tunnelling and mining activities. These provide better bond strength and require lesser manpower that makes it more cost effective as compared to mix process. In addition, it is easier to meet regulations regarding working conditions and these have lesser rebound.

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With respect to application, shotcrete accelerator market is segmented into mining, tunnelling, structural repair, water retaining structures and protective coatings. Mining and tunnelling have major share with application in underground and overhead surfaces. It can be attributed to rise in mining works globally for extraction of metals and minerals. There has been an increase in tunnelling activities with new rain and road tunnel projects.

Europe has substantial share in global shotcrete accelerator market owing to presence of large number of mines and technological advancement. Recent government initiatives for renovation of public structures such as bridges shall boost its consumption in this region. Countries such as Norway have developed fire resistant materials for use in tunnels. North America led by the U.S. has significant share with presence of large number of coal mines.

Asia Pacific has moderate share in shotcrete accelerator market with presence of China, India and Australia as large coal and gold mining countries. In 2015, this region registered for over 8,000 million metric tonnes of mining production. Middle East & Africa has nascent share with growing tunnelling activities for public transportation.

Prominent players of shotcrete accelerator market are Sika, BASF, GCP Applied Technologies, Mapei, Euclid Chemical Company, Normet Oy, Basalite Concrete, Chryso, Fosroc and Denka Company. Companies such as BASF are innovating new materials with better properties that meet government standards such as ASTM (American Society of Testing & Materials) to enhance their market penetration.

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