Global Steel Fiber Market May Set New Growth Story, Future Trends, Forecast to 2027

The global steel fiber market size was estimated at $1.6 billion in 2018 and is projected to grow at a CAGR of 7% from 2021 to 2027. Steel fibers are used extensively in conjunction with mesh and steel reinforcing bars in a variety of building applications. Benefits including optimization of steel consumption, concrete savings and faster construction have had a positive impact on product demand. These products also help to improve construction quality through effective shrinkage control and removal of rebar corrosion.

Major players analyzed include Arcelor Mittal, Bekaert, Green Steel Group, Nippon Seisen, Yuthian Zhitai Steel Fiber Manufacturing, R. STAT, Spajic Doo, Zhejiang Boean Metal Products, Fibrometals, and Hunan Sunshine Steel Fiber.

A full report of Steel Fiber Market available at: https://www.orionmarketreports.com/steel-fiber-market/37102/

Steel Fiber Market Segmentation

By Type

• Hooked
• Straight
• Deformed
• Crimped
• Others (glued & irregular)

By Application

• Concrete reinforcement
• Composite reinforcement
• Refractories
• Others (vaults, filters, and material plastic)

By manufacturing process

• Cut Wire/cold drawn
• Slit sheet
• Melt extract
• Mill extract
• Modified cold drawn wire

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Steel Fiber Market.
• The market share of the Steel Fiber Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Steel Fiber Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Steel Fiber Market.

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered Steel Fiber Market Report

• What was the Steel Fiber Market in 2021 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Steel Fiber Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Steel Fiber Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
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Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.