Press release
Concrete Fiber Market is expected to reach USD 4.76 billion by 2030 : Cognitive Market Research
Concrete Fiber Market is expected to reach USD 4.76 billion by 2030 : Cognitive Market Research
- Concrete fiber is a composite material made up of steel fiber, synthetic fibers, glass fibers, and natural fibers. This type of concrete improves the shear capacity of reinforced concrete beams and fatigue strength. These are used in mining and tunnel applications for improving concrete strength and durability, shock & fatigue resistance, and other characteristics. In addition, concrete fiber is used in tunnel linings and subways to redistribute the forces within the concrete structure.
Summary:
• The Concrete Fiber Market Size Was Valued at USD 2.31 Billion In 2022 And Is Expected to Grow at A CAGR Of 7.21 % During the Forecast Period
• Based on fiber type, the steel fiber segment has the largest revenue share in the concrete fiber market.
• Based on application, the infrastructure segment has the largest revenue share in the concrete fiber market.
• Asia-Pacific has the largest revenue share in the concrete fiber market.
"To know more The Concrete Fiber Market statistics click here: https://www.cognitivemarketresearch.com/concrete-fiber-market-report
Market Dynamics:
- Increasing development of mining and metro tunnels, airports, schools, and hospitals is the major factor expected to drive the growth of the concrete fiber market. Furthermore, increasing investment in research and development for the production of advanced high-strength fiber is expected to create growth opportunities for the concrete fiber market in the forecast period. However, the increasing cost of the raw material may hamper the growth of the concrete fiber market.
Segmentation Analysis:
Fiber Type:
• Steel Fiber
• Synthetic Fiber
• Glass Fiber
• Natural Fiber
• Basalt Fiber
• Others
Based on fiber type, the steel fiber segment has the largest revenue share in the concrete fiber market. This is due to steel fiber's high durability, e-modulus, and tensile strength. In addition, Steel fiber-reinforced concrete offers higher ductility and post-cracking strength, fatigue resistance, spalling, and wear & tear compared to conventional reinforced concrete expected to drive the growth of this segment.
Application:
• Infrastructure
• Building and Construction
• Mining and Tunnel
• Industrial
• Others
Based on application, the infrastructure segment has the largest revenue share in the concrete fiber market. This is attributed to increasing highway construction in countries such as China, India, and others, where concrete fiber is used to prevent cracks and enhance the load-bearing capacity of highways. In addition, the increasing impetus to develop infrastructure has attracted several domestic and international investments in the sector anticipated to drive the growth of the infrastructure segment.
The Major Players in Concrete Fiber Market are:
Bekaert SA, Euclid Chemical, Nycon, Sika Corporation, Propex, BASF, Fibercon International, Grace, Fabpro, Chircu Prod Impex, BAUTECH, Elasto Plastic Concrete EPC, FORTA, Hunan Sunshine Steel Fiber, Junwei Metal Fiber, Anteng Gangxianwei, Taian Tongban Fiber, Luan Steel Fiber, Wuhan Xintu, Ganzhou Daye
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Regional Analysis:
- Asia-Pacific accounted for the largest share of the concrete fiber market
Asia-Pacific has the largest revenue share in the concrete fiber market. This is due to the increasing building & construction sector improved performance of the concrete fiber market in the Asia-Pacific region.
News:
- Owens Corning has Launched PINK Next Gen Fiberglas insulation
In August 2021, Owens Corning has announced the launch of PINK Next Gen Fiberglas insulation. The advanced fiber technology PINK Next Gen Fiberglas creates a tightly woven network of soft, fine fibers to form a super resilient blanket of insulating micro pockets.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Concrete Fiber Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Concrete Fiber Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Concrete Fiber Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Mergers and Acquisition Analysis
• 5.2 Global New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Concrete Fiber Market by Fiber Type Segmentation Analysis (2018-2030)
Chapter 9 Global Concrete Fiber Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Concrete Fiber Market Regional Analysis
Chapter 11 North America Concrete Fiber Market Outlook (2018 - 2030)
Chapter 12 Europe Concrete Fiber Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Concrete Fiber Market Outlook (2018 - 2030)
Chapter 14 Latin America Concrete Fiber Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Concrete Fiber Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Concrete Fiber Market TOC click here: https://www.cognitivemarketresearch.com/concrete-fiber-market-report#table_of_contents
Related Report:
• Construction Fabrics Market - https://www.cognitivemarketresearch.com/construction-fabrics-market-report
• Silicon Powder Market - https://www.cognitivemarketresearch.com/silicon-powder-market-report
• Metal Concrete Fibers Market - https://www.cognitivemarketresearch.com/metal-concrete-fibers-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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