04-16-2019 02:38 AM CET - Industry, Real Estate & Construction

Global Steel Fiber Market Forecast to 2026 Analysis and Top Manufacturers: ArcelorMittal, Bekaert, Fibrometals., Nippon Seisen, Green Steel Group, Spajic DOO, Stewols India Pvt. Ltd., Precision Drawell Pvt Ltd, Fiberzone, NIKKO TECHNO, Ltd.

Press release from: Data Bridge Market Research
PR Agency: Data Bridge Market Research
Global Steel Fiber Market
Global Steel Fiber Market

Global Steel Fiber Market is expected to rise from its initial estimated value of USD 2 billion in 2018 to an estimated value of USD 3.01 billion by 2026, registering a CAGR of 5.25% in the forecast period of 2019-2026. Increasing demand from the construction and infrastructure industry is the major factor for the growth of this market.

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prominent participants:

Few of the major competitors currently working in steel fiber market are ArcelorMittal, Bekaert, Fibrometals., Nippon Seisen, Green Steel Group, Spajic DOO, Stewols India Pvt. Ltd., Precision Drawell Pvt Ltd, Fiberzone, NIKKO TECHNO, Ltd., New York Council of Nonprofits, Inc. (NYCON), Kasturi Metal Composite (P) LTD., Sandhills Publishing Company, ISW Corporation Inc., Propex Operating Company, LLC.

Competitive Analysis: Global steel fiber market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of steel fiber market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Developments in the Market:

In January 2019, Aerotech Golf announced the launch of their new SteelFiber FC ‘Flight Control’ graphite iron shafts which have tip design to deliver gher ball flight in the mid- and long irons. They are available in two models- the fc90 and fc115. The shaft graphite core will provide vibration, will increase clubhead speed and maximum distance and steel fibers will produce optimum weighting for a solid feel at impact and add stability and control for pinpoint accuracy. The combination of progressive tip stiffness with tour-proven SteelFiber performance will be a game-changer for a lot of players.

In January 2019, Belgium’s NV Bekaert SA announced the launch of their steel fiber factory at the VSIP Quảng Ngãi Industrial Park in the Sơn Tịnh District. The project will start in the third quarter of 2019 and will be completed by 2021 and has a total investment capital of more than 2.9 trillion. The project will produce braided steel fibers, steel cords for reinforcement in tires and improved braided steel fibers for the automotive industry and other industries.

Table Of Content:

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Steel Fiber Market Landscape
Part 04: Global Steel Fiber Market Sizing
Part 05: Global Steel Fiber Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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By Type

• By Manufacturing Process
• By Applications

By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

Market Definition: Steel fibers are used in various applications like concrete reinforcement, composite reinforcement, refractories etc. because of their high tensile strength, durability and enhanced shear strength. Steek fibers concrete are widely used in slabs, bridge decks, airport pavements, parking areas, and cavitation/erosion environments. Hooked steel fibers, crimped steel fiber, deformed steel fiber are some of the steel fiber types.
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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.


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