Impact Assessment of COVID-19 Outbreak on Macrosynthetic Fiber Market

Macrosynthetic Fiber: Introduction

Macrosynthetic fiber, also known as structural synthetic fibers, are generally made from polymers such as polypropylene. It is extensively employed as an alternative to steel fibers reinforcements in concrete. Macrosynthetic fiber possess a high tensile strength of 600 MPa and a relatively high modulus of elasticity (say 10 GPa) same as steel fibers. However, steel fibers are considerably expensive and difficult to handle.
Macrosynthetic fibers are typically 38 – 50 mm in length with dosage rates varying from 1.8 – 9.0 kg/m3, depending on the product and application. Macrosynthetic fibers not only provide resistance to plastic shrinkage but also provide toughness, impact, and fatigue-resistance to concrete.
Macrosynthetic fibers, as concrete reinforcement, are a cost-effective solution in comparison to steel fibers. They are also lighter in weight and a non-corrosive substitute to steel fibers.

Request For Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=79165

Key Drivers of Macrosynthetic Fiber Market

Housing demand has been increasing year-on-year in India and China owing to a rise in population in these countries. Several countries such as China, India, Bahrain, Kingdom of Saudi Arabia, and Vietnam have launched government schemes to provide homes for their lower income citizens. In 2015, the Government of India launched its affordable housing scheme called “Housing for All by 2022” with an overall objective of providing housing for slum dwellers with participation of private developers using land as a resource, and promoting affordable housing for weaker sections through credit-linked subsidy. Moreover, the scheme is focusing on partnership with public & private sector for affordable housing, and providing subsidy for house construction or enhancement. Additionally, on March 2020, the Government of Bahrain announced a plan to build 1705 residential units, comprising 1402 flats, under the Salman City Social Housing Project. Furthermore, the Bahrain Housing Ministry has issued a tender of 132 residential homes on government land in Al-Lawzi. According to the statement made by Bahrain Housing Minister Al-Hamar, "This project will come up as a pilot project and if the project goes successful, similar type of tenders of additional 15,000 residential homes will be issued across the other governorates over the next 10 years". These strategic initiatives by the government to build high quality homes for its poorer section in the near future are likely to boost the demand for macrosynthetic fiber globally.

Buy Now : https://www.transparencymarketresearch.com/checkout.php?rep_id=79165

Contact Us

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.