Press release
Fiber-Reinforced Concrete Market: Detailed Industry Insights 2023-2032
Download PDF Sample: https://www.alliedmarketresearch.com/request-sample/A56557
Market Dynamics Overview
The report delves into the market's driving factors, constraints, and growth opportunities, aiding stakeholders in making informed decisions. The competitive landscape is assessed using tools like Porter's five forces to analyze the market at regional and global levels.
Factors such as rapid urbanization, industrialization in developing nations, and population growth have propelled market expansion. Increased funding for commercial structures has bolstered the North American market, while a surge in home renovations and residential rehabilitation has further fueled growth. According to the U.S. Census Bureau, home construction authorizations rose by 1.4% from June 2021 to 2022.
Asia-Pacific leads the market with a dominant 45.43% share, driven by significant infrastructure investments and increased construction of retail and office spaces. This region is expected to maintain its market leadership in the coming years.
Segmentation Insights
The fiber-reinforced concrete market is segmented by application, type, process, and region:
Application: Mining & Tunnel, Infrastructure, Building & Construction, Industrial, Others
Type: Synthetic Fiber, Steel Fibers, Natural Fiber, Glass Fibers, Others
Process: Hybrid, Premix, Sprayed, Others
Region: Europe (UK, France, Italy, Germany, Rest of Europe), LAMEA (Middle East, Africa, Latin America), North America (Mexico, U.S., Canada), Asia-Pacific (India, South Korea, Japan, China, Rest of Asia-Pacific)
Competitive Landscape
The report offers an in-depth analysis of key market players, their performance, and strategic initiatives to maintain competitiveness. Strategies include acquisitions, partnerships, mergers, and product launches.
Key players in the market include:
Clark Pacific
Formglas Products Ltd
Willis Construction Co. Inc.
Fibrex Construction Group
Ultratech Cement Ltd.
Stromberg Architectural
Generale Prefabbricati S.P.A
GRUCUK
BarChip Pty Ltd
BB Fiberbeton
Recent Industry Developments
In June 2023, CRH acquired Buzzi Unicem's ready-mix concrete operations in Ukraine for $109 million, encompassing concrete production units in Nikolajev, Odesa, and Kyiv.
Holcim acquired 5 concrete plants from Ol-Trans in January 2023 to strengthen its domestic ready-mix concrete network in North Poland. Additionally, Holcim acquired BESBLOCK LTD to expand its ready-mix concrete business in the UK and bolster its presence in sustainable building solutions.
Key Questions Addressed in the Report
What is the forecast period for the global fiber-reinforced concrete market?
How can one obtain a sample of the global fiber-reinforced concrete market?
What is the base year used for calculating the global fiber-reinforced concrete market?
How are company profiles selected for inclusion?
Which region dominates the global fiber-reinforced concrete market in terms of market share?
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