Global Shotcrete Market 2025 – 2034
Description
A Custom Market Insights (CMI) says that the global shotcrete market size was USD 9.64 billion in 2025 and is expected to reach about USD 20.73 billion by 2034. This means that the market will grow at a compound annual growth rate (CAGR) of 8.79% from 2025 to 2034.
Shotcrete is also known as gunite concrete that is sprayed on and is found in both wet and dry mix concrete that is pushed through a hose and nozzle at high speed without the need for traditional forming. Most of the time, shotcrete is a mix of aggregate and Portland cement that is sent to the nozzle of a spray gun by compressed air. Water is then added. It can be used in a lot of different industries, such as building and construction, underground construction, residential, commercial, and more. Also, shotcrete makes the building less porous, which makes the bond stronger and helps cut down on the time and money it takes to build. The shotcrete system lowers installation costs and improves mix designs for mining and installation projects.
How the Market Works
Things that drive the market
People like shotcrete better than regular concrete because it has less volatile organic compounds. Shotcrete is used a lot in building because it doesn't rust, scratch, or spill chemicals, among other things. An article from Invest India from July 2022 says that the construction industry will be worth $1.4 trillion by 2025. Also, the availability of raw materials and improvements in shotcrete technology have led to more use of spray shotcrete. These things are likely to make the construction industry want more shotcrete.
Things that hold back the market
But not knowing much about the technology and not knowing about shotcrete methods and techniques will slow down the growth of the market as a whole. For example, there are still a lot of states in the U.S. and provinces in Canada where the technology is almost unknown in North America. One reason for this is that people don't know structural engineers very well.
Possibilities
The shotcrete market has grown a lot because the residential and commercial sectors are growing so quickly. The growing population has created a need for building and construction work, which has greatly increased the overall demand for sprayed shotcrete because it is so easy to use. These things are making the shotcrete market more popular in the next few years. The shotcrete market is also growing because there is more construction and mining going on underground and in the ground all over the world. This creates good business opportunities for the market.
Problems
In the shotcrete market, the high costs of installation and machines will be a problem. Because of this, the market as a whole will be held back by the lack of skilled workers and technical knowledge about how to install the shotcrete technique.
Highlights by Segment
The segment has both wet mix and dry mix, depending on the technique. The wet mix part of the market was the biggest in 2025 and is expected to keep growing over the next few years. The wet mix is made by mixing shotcrete ingredients, like water, before the delivery hose. At the nozzle, compressed air is added to the flow of material. The wet mix also holds more water than the dry mix, and the wet mix method gives you more control over the shotcrete mix, which means less rebound than the dry mix method. These things are making the demand for the wet mix shotcrete segment grow during the forecast period.
The segment includes building things underground, putting in an inground swimming pool, making a structure that holds water, putting on a protective coating, and doing repairs, depending on the job. The overall market growth is due to more underground construction, more economic growth, more people moving to cities, more underground transport, the government starting and investing in construction, better shotcrete technology, and more mining and tunneling.
The global shotcrete market is divided into two groups: manual spraying and robotic spraying. From 2025 to 2034, the global robotic spraying system segment is likely to be the most important. Robotic spraying is the most popular type of shotcrete and is likely to stay that way during the forecast period.
There are many benefits to using robotic spraying instead of a manual system. The market is growing because there is a high demand for robotic shotcrete technique. This is because mechanized equipment with a robotic arm has many benefits, such as a high-quality mixture with linear support. This is because a robotic arm automatically controls the water-to-cement ratio in a robotic or mechanized wet mix, which makes it very strong. Because of this, robotic spraying needs fewer workers, so it can work with just two people instead of the manual spraying system. These things are making robotic spraying systems grow faster in the shotcrete market.
Insights for each region
The market is looked at by region, including North America, Europe, Asia-Pacific, and LAMEA. The shotcrete market is mostly in Europe. The shotcrete market in the area has grown a lot thanks to countries like Germany, France, Russia, the U.K., and others.
Building and construction work, repairs, tunnel projects, mining, and extraction are all important factors in Europe's growth. For example, an article from Putzmeister in 2022 says that Crossrail is a new train line that will make travel times in London much shorter. It is also Europe's biggest infrastructure project, costing £14.8 billion. These things make the shotcrete techniques and system better during the forecast period.
Additionally, China's bridge, tunnel, and construction activity is expected to grow quickly because of the country's rapidly growing population, industrialization, urbanization, and government support for the construction sector, which has led to overall market growth. For example, an article from IBIS World in March 2022 said that the bridge, tunnel, and subway construction industry in China has been growing quickly over the past five years. Industry revenue is expected to rise by 9.7% per year over the five years through 2022.
Also, businesses in the industry will make $1.6 trillion in 2022. The government controls many construction companies, especially big ones, and helps them with policies that are good for business. This makes the industry generally profitable.
Report Scope
Details of the Report's Feature
The market will be worth $9.64 billion in 2025.
Estimated Market Size in 2034: $20.73 Billion
The CAGR growth rate is 8.79%.
Year of Base: 2024
Time frame for the forecast: 2025–2034
The U.S. Concrete, Inc., LafargeHolcim, Normet Group, GCP Applied Technologies, Cemex S.A.B. De C.V., Mapei S.P.A., Grupo ACS, and more
Key Segment: By Region, System, Application, and Technique
Report Coverage: Company Profile, Revenue Estimation and Forecast, Competitive Landscape, Growth Factors, and Recent Trends
North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America are all in the scope.
Shotcrete is also known as gunite concrete that is sprayed on and is found in both wet and dry mix concrete that is pushed through a hose and nozzle at high speed without the need for traditional forming. Most of the time, shotcrete is a mix of aggregate and Portland cement that is sent to the nozzle of a spray gun by compressed air. Water is then added. It can be used in a lot of different industries, such as building and construction, underground construction, residential, commercial, and more. Also, shotcrete makes the building less porous, which makes the bond stronger and helps cut down on the time and money it takes to build. The shotcrete system lowers installation costs and improves mix designs for mining and installation projects.
How the Market Works
Things that drive the market
People like shotcrete better than regular concrete because it has less volatile organic compounds. Shotcrete is used a lot in building because it doesn't rust, scratch, or spill chemicals, among other things. An article from Invest India from July 2022 says that the construction industry will be worth $1.4 trillion by 2025. Also, the availability of raw materials and improvements in shotcrete technology have led to more use of spray shotcrete. These things are likely to make the construction industry want more shotcrete.
Things that hold back the market
But not knowing much about the technology and not knowing about shotcrete methods and techniques will slow down the growth of the market as a whole. For example, there are still a lot of states in the U.S. and provinces in Canada where the technology is almost unknown in North America. One reason for this is that people don't know structural engineers very well.
Possibilities
The shotcrete market has grown a lot because the residential and commercial sectors are growing so quickly. The growing population has created a need for building and construction work, which has greatly increased the overall demand for sprayed shotcrete because it is so easy to use. These things are making the shotcrete market more popular in the next few years. The shotcrete market is also growing because there is more construction and mining going on underground and in the ground all over the world. This creates good business opportunities for the market.
Problems
In the shotcrete market, the high costs of installation and machines will be a problem. Because of this, the market as a whole will be held back by the lack of skilled workers and technical knowledge about how to install the shotcrete technique.
Highlights by Segment
The segment has both wet mix and dry mix, depending on the technique. The wet mix part of the market was the biggest in 2025 and is expected to keep growing over the next few years. The wet mix is made by mixing shotcrete ingredients, like water, before the delivery hose. At the nozzle, compressed air is added to the flow of material. The wet mix also holds more water than the dry mix, and the wet mix method gives you more control over the shotcrete mix, which means less rebound than the dry mix method. These things are making the demand for the wet mix shotcrete segment grow during the forecast period.
The segment includes building things underground, putting in an inground swimming pool, making a structure that holds water, putting on a protective coating, and doing repairs, depending on the job. The overall market growth is due to more underground construction, more economic growth, more people moving to cities, more underground transport, the government starting and investing in construction, better shotcrete technology, and more mining and tunneling.
The global shotcrete market is divided into two groups: manual spraying and robotic spraying. From 2025 to 2034, the global robotic spraying system segment is likely to be the most important. Robotic spraying is the most popular type of shotcrete and is likely to stay that way during the forecast period.
There are many benefits to using robotic spraying instead of a manual system. The market is growing because there is a high demand for robotic shotcrete technique. This is because mechanized equipment with a robotic arm has many benefits, such as a high-quality mixture with linear support. This is because a robotic arm automatically controls the water-to-cement ratio in a robotic or mechanized wet mix, which makes it very strong. Because of this, robotic spraying needs fewer workers, so it can work with just two people instead of the manual spraying system. These things are making robotic spraying systems grow faster in the shotcrete market.
Insights for each region
The market is looked at by region, including North America, Europe, Asia-Pacific, and LAMEA. The shotcrete market is mostly in Europe. The shotcrete market in the area has grown a lot thanks to countries like Germany, France, Russia, the U.K., and others.
Building and construction work, repairs, tunnel projects, mining, and extraction are all important factors in Europe's growth. For example, an article from Putzmeister in 2022 says that Crossrail is a new train line that will make travel times in London much shorter. It is also Europe's biggest infrastructure project, costing £14.8 billion. These things make the shotcrete techniques and system better during the forecast period.
Additionally, China's bridge, tunnel, and construction activity is expected to grow quickly because of the country's rapidly growing population, industrialization, urbanization, and government support for the construction sector, which has led to overall market growth. For example, an article from IBIS World in March 2022 said that the bridge, tunnel, and subway construction industry in China has been growing quickly over the past five years. Industry revenue is expected to rise by 9.7% per year over the five years through 2022.
Also, businesses in the industry will make $1.6 trillion in 2022. The government controls many construction companies, especially big ones, and helps them with policies that are good for business. This makes the industry generally profitable.
Report Scope
Details of the Report's Feature
The market will be worth $9.64 billion in 2025.
Estimated Market Size in 2034: $20.73 Billion
The CAGR growth rate is 8.79%.
Year of Base: 2024
Time frame for the forecast: 2025–2034
The U.S. Concrete, Inc., LafargeHolcim, Normet Group, GCP Applied Technologies, Cemex S.A.B. De C.V., Mapei S.P.A., Grupo ACS, and more
Key Segment: By Region, System, Application, and Technique
Report Coverage: Company Profile, Revenue Estimation and Forecast, Competitive Landscape, Growth Factors, and Recent Trends
North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America are all in the scope.
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Shotcrete Market, (2025 - 2034) (USD Billion)
- 2.2 Global Shotcrete Market: snapshot
- Chapter 3. Global Shotcrete Market - Industry Analysis
- 3.1 Shotcrete Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing use of shotcrete in building & construction sectors
- 3.2.2 Advancement in shotcrete technology
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Technique
- 3.7.2 Market attractiveness analysis By System
- 3.7.3 Market attractiveness analysis By Application
- Chapter 4. Global Shotcrete Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Shotcrete Market: company market share, 2025
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- Chapter 5. Global Shotcrete Market - Technique Analysis
- 5.1 Global Shotcrete Market overview: By Technique
- 5.1.1 Global Shotcrete Market share, By Technique, 2025 and 2034
- 5.2 Wet Mix
- 5.2.1 Global Shotcrete Market by Wet Mix, 2025 - 2034 (USD Billion)
- 5.3 Dry Mix
- 5.3.1 Global Shotcrete Market by Dry Mix, 2025 - 2034 (USD Billion)
- Chapter 6. Global Shotcrete Market - System Analysis
- 6.1 Global Shotcrete Market overview: By System
- 6.1.1 Global Shotcrete Market share, By System, 2025 and 2034
- 6.2 Manual
- 6.2.1 Global Shotcrete Market by Manual, 2025 - 2034 (USD Billion)
- 6.3 Robotic Spraying
- 6.3.1 Global Shotcrete Market by Robotic Spraying, 2025 - 2034 (USD Billion)
- Chapter 7. Global Shotcrete Market - Application Analysis
- 7.1 Global Shotcrete Market overview: By Application
- 7.1.1 Global Shotcrete Market share, By Application, 2025 and 2034
- 7.2 Underground Construction
- 7.2.1 Global Shotcrete Market by Underground Construction, 2025 - 2034 (USD Billion)
- 7.3 Inground Swimming Pool
- 7.3.1 Global Shotcrete Market by Inground Swimming Pool, 2025 - 2034 (USD Billion)
- 7.4 Water Retaining Structure
- 7.4.1 Global Shotcrete Market by Water Retaining Structure, 2025 - 2034 (USD Billion)
- 7.5 Protective Coating
- 7.5.1 Global Shotcrete Market by Protective Coating, 2025 - 2034 (USD Billion)
- 7.6 Repair Works
- 7.6.1 Global Shotcrete Market by Repair Works, 2025 - 2034 (USD Billion)
- Chapter 8. Shotcrete Industry - Regional Analysis
- 8.1 Global Shotcrete Industry Regional Overview
- 8.2 Global Shotcrete Industry Share, by Region, 2025 & 2034 (USD Billion)
- 8.3. North America
- 8.3.1 North America Shotcrete Industry, 2025 - 2034 (USD Billion)
- 8.3.1.1 North America Shotcrete Industry, by Country, 2025 - 2034 (USD Billion)
- 8.4 North America Shotcrete Industry, by Technique, 2025 - 2034
- 8.4.1 North America Shotcrete Industry, by Technique, 2025 - 2034 (USD Billion)
- 8.5 North America Shotcrete Industry, by System, 2025 - 2034
- 8.5.1 North America Shotcrete Industry, by System, 2025 - 2034 (USD Billion)
- 8.6 North America Shotcrete Industry, by Application, 2025 - 2034
- 8.6.1 North America Shotcrete Industry, by Application, 2025 - 2034 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Shotcrete Industry, 2025 - 2034 (USD Billion)
- 8.7.1.1 Europe Shotcrete Industry, by Country, 2025 - 2034 (USD Billion)
- 8.8 Europe Shotcrete Industry, by Technique, 2025 - 2034
- 8.8.1 Europe Shotcrete Industry, by Technique, 2025 - 2034 (USD Billion)
- 8.9 Europe Shotcrete Industry, by System, 2025 - 2034
- 8.9.1 Europe Shotcrete Industry, by System, 2025 - 2034 (USD Billion)
- 8.10 Europe Shotcrete Industry, by Application, 2025 - 2034
- 8.10.1 Europe Shotcrete Industry, by Application, 2025 - 2034 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Shotcrete Industry, 2025 - 2034 (USD Billion)
- 8.11.1.1 Asia Pacific Shotcrete Industry, by Country, 2025 - 2034 (USD Billion)
- 8.12 Asia Pacific Shotcrete Industry, by Technique, 2025 - 2034
- 8.12.1 Asia Pacific Shotcrete Industry, by Technique, 2025 - 2034 (USD Billion)
- 8.13 Asia Pacific Shotcrete Industry, by System, 2025 - 2034
- 8.13.1 Asia Pacific Shotcrete Industry, by System, 2025 - 2034 (USD Billion)
- 8.14 Asia Pacific Shotcrete Industry, by Application, 2025 - 2034
- 8.14.1 Asia Pacific Shotcrete Industry, by Application, 2025 - 2034 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Shotcrete Industry, 2025 - 2034 (USD Billion)
- 8.15.1.1 Latin America Shotcrete Industry, by Country, 2025 - 2034 (USD Billion)
- 8.16 Latin America Shotcrete Industry, by Technique, 2025 - 2034
- 8.16.1 Latin America Shotcrete Industry, by Technique, 2025 - 2034 (USD Billion)
- 8.17 Latin America Shotcrete Industry, by System, 2025 - 2034
- 8.17.1 Latin America Shotcrete Industry, by System, 2025 - 2034 (USD Billion)
- 8.18 Latin America Shotcrete Industry, by Application, 2025 - 2034
- 8.18.1 Latin America Shotcrete Industry, by Application, 2025 - 2034 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Shotcrete Industry, 2025 - 2034 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Shotcrete Industry, by Country, 2025 - 2034 (USD Billion)
- 8.20 The Middle-East and Africa Shotcrete Industry, by Technique, 2025 - 2034
- 8.20.1 The Middle-East and Africa Shotcrete Industry, by Technique, 2025 - 2034 (USD Billion)
- 8.21 The Middle-East and Africa Shotcrete Industry, by System, 2025 - 2034
- 8.21.1 The Middle-East and Africa Shotcrete Industry, by System, 2025 - 2034 (USD Billion)
- 8.22 The Middle-East and Africa Shotcrete Industry, by Application, 2025 - 2034
- 8.22.1 The Middle-East and Africa Shotcrete Industry, by Application, 2025 - 2034 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 BASF SE
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Sika AG
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 HeidelbergCement AG
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Cemex S.A.B. de C.V.
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 KPM Industries Ltd
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Euclid Chemical Company
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 LKAB Berg & Betong AB
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Quikrete Companies Inc.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 U.S. Concrete Inc.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 LafargeHolcim
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Normet Group
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 GCP Applied Technologies
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Cemex S.A.B. De C.V.
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Mapei S.P.A.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Grupo ACS
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- List Of Figures
- Figures No 1 to 25
- List Of Tables
- Tables No 1 to 77
Pricing
Currency Rates
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