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Concrete Fiber Market worth 3.09 Billion USD by 2021

 



(EnergyIndustry.Net, October 11, 2021 ) The report "Concrete Fiber Market by Type (Synthetic Fiber, Steel Fiber, Glass Fiber, Natural Fiber, Basalt Fiber), End-Use Industry (Transport Infrastructure, Building & Construction, Mining & Tunnel, Industrial Flooring), and Region - Global Forecast to 2021", The global concrete fiber market is projected to reach USD 3.09 Billion by 2021, at a CAGR of 8.2%, from 2016 to 2021. Upward penetration in end-use industries, increasing urbanization, and upsurge in demand of non-corrosive materials are fueling the demand of concrete fiber market.


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Transport Infrastructure: The largest end-use industry segment of the concrete fiber market

The transport infrastructure is the largest-segment of the global concrete fiber market. The growth of this segment is attributed to the increasing demand of concrete fiber in the road industry. Properties such as high durability, strong impact resistance, mechanical, chemical, and thermal resistance make concrete fiber preferable in industries where strength and stability is imperative. The transport infrastructure industry comprises of roadways, highways, bridges, railways, and ports & airports. Concrete fibers are used to manufacture conventional concrete paving, barrier rails, roads in the logistics center, and sound attenuation barriers.

Don't miss out on business opportunities in Concrete Fiber Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=122792577

Browse in-depth TOC on “Concrete Fiber Market”
88 - Market Data Tables
36 - Figures
135 - Pages

North America: The largest market for concrete fiber

Globally, North America is the largest market for concrete fiber. The U.S. concrete fiber market is witnessing growth in demand due to the increasing usage of synthetic and steel concrete fiber across various end-use industries. There are many concrete fiber manufacturing companies like ABC Polymer Industries (U.S.), Nycon Corporation (U.S.), and Owens Corning (U.S.). Major manufacturers based in this region are experiencing various challenges such as, competition from new & existing players, pressure from environmental agencies, demand for substitute and eco-friendly products, and calculating the cost efficiency of the final product.

Some of the major players in the global concrete fiber market are, Bekaert SA (Belgium), Sika AG (Switzerland), Propex Operating Company LLC (U.S.), ABC Polymer Industries (U.S.) and Cemex (Mexico). Major players in this market are focusing on organic growth strategies for a greater market share in emerging economies such as India, Nigeria, and Brazil. Also, several companies have strengthened their distribution networks in these countries.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

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