Shotcrete market seen reaching $10.9 billion by 2030
Allied Market Research says the global shotcrete market is on track to nearly double from 2020 levels, reaching $10.9 billion by 2030 as construction, infrastructure and new spraying technologies drive demand. The report points to fiber reinforcement, 3D printing and large public works as key growth factors, while noting labor shortages and concrete transport challenges could slow adoption. Why it matters: - The global shotcrete market is projected to hit $10.9 billion by 2030. - That would mark a sharp increase from $5.6 billion in 2020. - The forecast points to steady demand in construction and infrastructure, where shotcrete is used for high-strength and complex applications. What happened: - Allied Market Research released a report on the global shotcrete market on June 19, 2026. - The report estimates a 6.91% CAGR from 2021 to 2030. - The study covers market dynamics, size and share analysis, segment breakdowns and the competitive landscape. - The report says its data was validated by industry experts and sourced from reputable references. - Download the sample report . The details: - Fiber-reinforced shotcrete is emerging as a major growth driver. - Synthetic or steel fibers improve structural integrity, crack resistance and load-bearing capacity. - Fiber reinforcement can reduce the need for additional steel reinforcement. - The technology is suited to tunneling and mining, where durability matters. - 3D printing is expanding shotcrete use in automated construction systems. - Shotcrete-based printing supports customized structures, reduced material waste and faster build times. - The report says sprayed concrete is also used in domes, barrel vaulting and bank vaults. - Construction of dams, subways, tunnels, bridges, highways and other infrastructure is expected to support demand. - Free-form structures such as climbing walls, sculptures and storage reservoirs are also contributing to adoption. - The market faces headwinds from shortages of skilled workers and challenges in transporting concrete mix. - Purchase options and expert inquiry links are available in the report materials. Between the lines: - The report frames shotcrete as a materials market shaped by both infrastructure spending and construction innovation. - Growth is tied not just to volume demand, but to applications that need speed, flexibility and durability. - The competitive landscape appears active, with vendors pursuing alliances, mergers and acquisitions, geographic expansion and new product launches. - Named players include U.S. Concrete, Quikrete, GCP Applied Technologies, Normet Group, Heidelbergcement, Cemex, Grupo ACS, Lafargeholcim, Sika, Mapei, BASF, KPM Industries, Lkab Berg & Betong, and The Euclid Chemical Company. What’s next: - Allied Market Research says the report can help new entrants assess market conditions and regional dynamics. - The full summary report is available here . - The market’s near-term path will likely depend on infrastructure buildout, labor availability and how quickly advanced shotcrete methods scale.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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