Summary: Sprayed Concrete Market Research Report, by Process (Dry Process and Wet Process), by Application (Underground Construction, Retailing Walls, Protective Coatings, Water-Retaining Structures, Specialty Construction, Strengthening and Repair and Others) - Forecast to 2022 Market Synopsis of Sprayed Concrete Market The global sprayed concrete market has seen a phenomenal growth over the past years and it has been expected that the market will grow with a stable growth rate during the forecast period. As per MRFR analysis, the global sprayed concrete market is poised to reach USD 9.1 billion by 2022 with a CAGR of more than 8%. Sprayed concrete is majorly used in the application areas such as underground construction, retailing walls, protective coatings, water-retaining structures, Specialty construction and others. The growing construction industry has resulted in increased demand for sprayed concrete across the globe. The other major driving factor which are driving the market are technological advancement in construction industry, reduction in framework cost, high sustainability and others. On the other hand, the lack of skilled labor would prevent the growth of market. Geographically, Europe is expected to lead the global market followed by North America and Asia-Pacific.
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