Liquid Accelerator: The largest grade in the shotcrete accelerator market

The report "Shotcrete Accelerator Market by Type (Alkali Free, Alkaline Aluminate, Alkaline Silicate), Grade (Liquid, Powdered), Process (Wet Mix, Dry Mix), Application (Mining, Tunneling, Construction Repair, Water Retaining Structures) - Global Forecast to 2022", The global shotcrete accelerator market was valued at USD 689.3 Million in 2016 and is projected to reach USD 1,101.8 Million by 2022, at a CAGR of 8.2% from 2017 to 2022. The market size in terms of volume is projected to reach 1.22 Million tons by 2022.

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The objectives of the study are:

• To define and segment the global market of shotcrete accelerator by type, grade, process, application, and region.
• To provide detailed information about the key growth factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To estimate and forecast the market size of shotcrete accelerator, in terms of value (USD million), and volume (kilotons), at global and regional levels
• To estimate and forecast the market of shotcrete accelerator, in terms of value (USD million), and volume (kilotons), at the country-level
• To analyze recent market developments and competitive strategies, such as expansions, product launches/developments, and mergers & acquisitions to draw the competitive landscape in the global shotcrete accelerator market
• To strategically identify and profile the key market players and analyze their core competencies in each type and application of the global shotcrete accelerator market

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Key Target Audience:

• Regional manufacturers’ associations and general shotcrete accelerator associations
• Raw material manufacturers
• Traders, distributors, and suppliers of shotcrete accelerator
• Government and regional agencies and research organizations

Scope of the Report:

This research report categorizes the global shotcrete accelerator market based on type, grade, process, application, and region, forecasts revenue growth, and provides an analysis of trends in each of the submarkets.

On the Basis of Type:

• Alkali Free
• Alkaline Aluminate
• Alkaline Silicate

Each type is further described in detail in the report with volume forecasts until 2022

On the Basis of Grade:

• Liquid
• Powdered

Each grade is further described in detail in the report, with value forecasts until 2022.

On the Basis of Process:

• Wet Mix Process
• Dry Mix Process

Each process is further described in detail in the report, with value forecasts until 2022.

On the Basis of Application:

• Mining
• Tunneling
• Construction Repair Works
• Water Retaining Structures
• Others (protective coatings, roof construction, and free formed structures)

Each application segment is further described in detail in the report, with value forecasts until 2022.

On the Basis of Region:

• Europe
• Asia-Pacific
• North America
• Middle East & Africa
• South America

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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.

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