Concrete Fiber Market Growth Study by Type [Synthetic Concrete Fiber, Steel Concrete Fiber, Glass Concrete Fiber, Natural Concrete Fiber, and Basalt Fiber Reinforced Concrete], by End-User Industry [Transport Infrastructure, Building & Construction, Minin
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Various types of concrete fiber increasingly being embraced in industries include micro-synthetic fibers, macro-synthetic fibers, glass fibers, steel fibers, natural fibers, cellulose fibers, and concrete fiber blends. Micro-synthetic concrete fiber contains monofilament and fibrillated fibers that are manufactured from polyethylene, polypropylene, polyesters, and nylon. Macro-synthetic concrete fiber manufactured from polypropylene helps reduce the width of cracks. Glass fiber has potential applications in architectural panels.
This report projects the trends and opportunities of the global concrete fiber market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period. Our research teams have used various secondary resources and directories such as industrial databases, journals, magazines, and primary resources coupled with industry oriented measures, which include industry-related expert interviews to obtain key information and valuables, which makes it an asset for players in the market.
The global concrete fiber market is expected to witness enormous growth in future. Asia-Pacific is expected to trigger the market growth owing to an increase in construction and architectural designs coupled with an increase in population. Moreover, concrete fibers are being increasingly deployed in roads, highways, bridges, and pavements in the transportation industry. In addition, it is utilized in mining and tunneling activities. Growth of end-user industries is significantly driving the growth of the market.
However, the increasing consumption of concrete fiber is significantly leading to higher operating costs when compared with conventional reinforcing materials. Moreover, the innovation of ready mix concrete that is suitable for several applications such as industrial, mining, and road construction hamper the markets growth. Furthermore, the increasing interest of global manufacturers in setting up distribution networks and R&D centers in Asia-Pacific acts as a promising opportunity for the market growth.
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Top market players in this market include
Propex Operating Company,
ABC Polymer Industries,
Ultratech Cement, and Forta Corporation.
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The world concrete fiber markets market is segmented based on type, end-user industry, and geography. By type, it is classified as synthetic concrete fiber, steel concrete fiber, glass concrete fiber, natural concrete fiber, and basalt fiber reinforced concrete. The synthetic concrete fiber segment is further classified into micro synthetic fiber and macro synthetic fiber. By end user industry, the market is segmented into transport infrastructure, building & construction, mining, industrial flooring, and others. Transport infrastructure is further segmented into roadways, highways, bridges, railways, ports, and airports. Building and construction is further segmented into residential and non-residential. Mining is further segmented into shafts & tunnel lining, slope stabilization, and underground mining. Geographically, the concrete fiber market is segmented by North America, Europe, Asia-Pacific, and LAMEA.
Concrete Fiber Market Key Segments
* By Type
- Synthetic Concrete Fiber
- Micro-Synthetic Fiber
- Polypropylene (PP) Fiber
- Polyethylene (PE) Fiber
- Polyester Fiber
- Macro-Synthetic Fiber
- Polymer Blends
- Steel Concrete Fiber
- Glass Concrete Fiber
- Natural Concrete Fiber
- Basalt Fiber Reinforced Concrete
* By End-User Industry
- Transport Infrastructure
- Ports and Airports
- Building & Construction
- Shafts and Tunnel Lining
- Slope Stabilization
- Underground Mining
- Industrial Flooring
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