How Big is the Shotcrete Market | Industry Trends & Forecast 2025

Code: MTA8922 Publication Date: Sep 2025

How Big is the Shotcrete Market?

According to 6Wresearch internal database and industry insights, the Global Shotcrete Market was valued at USD 7.2 Billion in 2024 and is expected to reach USD 10.8 Billion by 2031, growing at a compound annual growth rate of 9.30% during the forecast period (2025-2031).

The market is rising due to the growing need for mining and tunneling projects, the use of underground construction, slope stabilization, infrastructure development, and technological developments in spraying equipment.

Key Growth Drivers of the Shotcrete Market

  • The demand for underground construction, mining, and tunneling projects
  • Growing use of retaining walls and slope stabilization
  • Increased transportation and urban infrastructure initiatives
  • Technological developments in robotic spraying and nozzles
  • Increasing application in aging structure maintenance and repair
  • Government investments that support the construction industry

Shotcrete Market Trends

Shotcrete Market is witnessing significant growth with the adoption of advanced robotic spraying techniques that enhance efficiency and safety. Wet-mix processes are more popular due to they enhance material bonding and reduce rebound loss. An increasing focus on sustainable construction practices is driving the demand for eco-friendly shotcrete mixtures. Large transit tunnels and hydropower projects are also becoming more popular in the market. Additionally, fiber integration into shotcrete is growing in popularity for its increased durability and resistance to cracking in a variety of applications. The market is rising adoption of shotcrete in mining operations, where its rapid application and structural support capabilities offer significant advantages.

Emerging Developments in the Shotcrete Market

Shotcrete Market is advancing through developments in high-performance admixtures that improve setting time and strength. Research and development in fiber-reinforced shotcrete are providing enhanced structural stability in demanding environments. Innovation in spraying machinery is being stimulated by growing partnerships between equipment manufacturers and construction companies. The scope of applications is growing due to investments in urban mobility initiatives and infrastructure modernization. Another trend is the use of shotcrete technology in conjunction with 3D concrete printing. In addition, the increasing emphasis on energy-efficient construction techniques is encouraging the use of shotcrete for sustainable and long-lasting building solutions.

List of Leading Companies in the Shotcrete Market

Some of the leading companies include:

  • BASF SE
  • Sika AG
  • Heidelberg Materials AG
  • GCP Applied Technologies Inc.
  • Mapei S.p.A.
  • Normet Group Oy
  • The Euclid Chemical Company
  • Cemex S.A.B. de C.V.
  • LKAB Berg & Betong AB
  • KPM Industries Ltd.

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