Press release
Global Fiber Reinforced Concrete (FRC) Market Is Anticipated to Reach US$ 1143.2 million by 2029, growing at a CAGR of 3.3% During 2023-2029
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Fiber Reinforced Concrete (FRC) refers to cement-based composites, which is made of substratum and reinforcement materials. The substratum includes Cement paste, mortar or concrete and the reinforcement materials is composed of steel fiber, glass fiber, synthetic fiber and natural fiber, etc.
Concrete fiber can control the micro cracks concrete plastic shrinkage effectively, which caused by shrinkage, temperature changes and other factors, to prevent and suppress the formation and development of cracks in the concrete native, thereby increasing the service life of concrete.
The global Fiber Reinforced Concrete (FRC) market size is expected to reach US$ 1143.2 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Fiber Reinforced Concrete (FRC) in various end use industries. The expanding demands from the Industrial Flooring, Bridge & Road, Residential & commercial Building and Others, are propelling Fiber Reinforced Concrete (FRC) market. Steel Concrete Fiber, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Synthetic Concrete Fiber segment is estimated at % CAGR for the next seven-year period.
North America is the largest market with about 41% market share. Followed by Asia Pacific, accounting for about 27% revenue market share.
The key players are Bekaert, Euclid Chemical, Nycon, Propex, Sika, Fibercon, GCP Applied Technologies, Owens Corning, Bautech, ABC Polymer Industries, EPC, FORTA, Fabpro Polymers, Hunan Sunshine, Junwei Metal Fiber, Harex, Huierjie, Taian Tongban Fiber, Wuhan Xintu, Ganzhou Daye etc. Top 3 companies occupied about 37% revenue market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Fiber Reinforced Concrete (FRC), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Fiber Reinforced Concrete (FRC) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Fiber Reinforced Concrete (FRC) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Fiber Reinforced Concrete (FRC) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Fiber Reinforced Concrete (FRC) covered in this report include Bekaert, Euclid Chemical, Nycon, Propex, Sika, Fibercon, GCP Applied Technologies, Owens Corning and Bautech, etc.
The global Fiber Reinforced Concrete (FRC) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bekaert
Euclid Chemical
Nycon
Propex
Sika
Fibercon
GCP Applied Technologies
Owens Corning
Bautech
ABC Polymer Industries
EPC
FORTA
Fabpro Polymers
Hunan Sunshine
Junwei Metal Fiber
Harex
Huierjie
Taian Tongban Fiber
Wuhan Xintu
Ganzhou Daye
Global Fiber Reinforced Concrete (FRC) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Fiber Reinforced Concrete (FRC) market, Segment by Type:
Steel Concrete Fiber
Synthetic Concrete Fiber
Glass Concrete Fiber
Others
Global Fiber Reinforced Concrete (FRC) market, by Application
Industrial Flooring
Bridge & Road
Residential & commercial Building
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Fiber Reinforced Concrete (FRC) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Fiber Reinforced Concrete (FRC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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