Shotcrete Accelerator Market: Rapid Urbanization and Increased Infrastructure Enhancement Activities to Boost Growth

Owing to its ability to render quick stability and support to concrete structures, shotcrete accelerators are widely used in construction and mining industries. Substitution of Portland cement with shotcrete accelerators has led to a significant growth of shotcrete accelerator market. In a recently added report titled, ‘Global Shotcrete Accelerator Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023’, Market Research Hub (MRH) provides vital insights on the impact of recent trends and developments on the growth of the market.

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Construction and Mining Ventures across the Globe Depend on Shotcrete Accelerator for Stability

Rapid urbanization has led to increased construction activities to enhance infrastructure. To upscale quality within a strict deadline encourages end-users to opt for shotcrete accelerator over traditional molds. Manufacturers are constantly upgrading technologies and skills to render optimum services to end-users in order to have durability in the market. To provide superior industry health, manufacturers have incorporated new techniques to improve their range of shotcrete accelerators.

Additionally, leading companies are also harboring their lead in the market by enhancing their manufacturing sites. A recent report disclosed that BASF, a prominent manufacturer of construction chemicals expanded its infrastructure with the launch of a new site in St. Petersburg. The plant is a dedicated hub for construction of alkali-free accelerators, besides concrete additives, and shield lubricants used in tunnel construction.

Besides, companies are investing in acquisitions and mergers as a marketing tool for consistent growth. Recently. Mapei Spa announced about its latest acquisition of Fili and Forme, a leading company in construction business. Collaboration with such a leading enterprise has enabled Mapei to reinforce its position among the top market players. The company will have enriched end-user experience owing to advanced product improvisation in building, tunneling, and mining industries which are niche areas of operation of Fili and Forme.

Comprehensive research outputs encapsulated in the report offers vital insights related to the influence of growth of various segments on the global market. In this section, the report outlines important segments of the market, which include product type, and applications. Based on product type, the market is segmented as liquid accelerator and powdered accelerator. On the basis of application the market is segmented as mining and tunneling, construction repair works, water retaining structures, and others. These insights detailed in the report will guide the readers to understand the segments that are major revenue contributors and also enable readers to understand the impact of these segments on the market.  

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In addition to the segmentation, the report is further geographically segmented in terms of various regions. On the basis of region, the market is segmented as North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Information outlined in the report informs the readers on the impact of various strategies followed by major firms in different regions. Based on these perspectives, leading companies can better comprehend the recent developments and market trends and administer detailed strategies to attain maximum benefits.

Key players identified in Shotcrete Accelerator Market

Vital statistics compiled in the report provides information on various strategies adopted by major companies and its influence on the customer’s purchase decisions. On the basis of these inferences provided in the report, leading players and new market players can make precise analysis and important investment decisions. Leading companies operating in the global market include 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, Kurita among others.

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This release was published on openPR.