Concrete Fiber Market Trend Industry Analysis Review Opportunities and Growth Forecast to 2022

Market Overview:

Concrete fibers are placed in such a way that construction base becomes stable and stiff. Concrete fiber is extensively used in exterior and interior parts of commercial, residential, and industrial construction and building and widely deployed in highways, roads, bridges, and pavements in the transportation industry. The key role of concrete fiber is to prevent cracking caused by plastic or drying shrinkage. The material has short and long fibers uniformly distributed that help seal micro and macro cracks in concretes.

Increasing use of basalt fiber as a strengthening material for concrete reinforcement and fueling the market growth. Moreover, increasing demand of synthetic concrete fiber across various end-use industries such as transport infrastructure, building & construction, and mining is driving the global concrete fiber market. However, capital-intensive R&D, lack of technical knowledge and high operating cost are some of the factors affecting market growth.

This concrete fiber market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

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Market Revenue:

The global market of concrete fiber is growing rapidly. Focus towards construction, and infrastructural development makes concrete fiber popular. The rise in urbanization and improving construction industry is the major driving factor for the market. Wide range of industry usage of concrete fiber such as road construction, mining application, industrial and others also helps to boost the concrete fiber market. Moreover, Government also implements different schemes to develop amusement parks, reading halls, libraries and swimming pools for the citizens. Government schemes and policies are expected to further fuel growth of construction industry. Overall demand for concrete fiber is expected to rise notably during the next few years.

Market Research Analysis:

Market Research Future analysis shows that the global market of concrete fiber market is estimated to show staggering growth by the end of year 2022. Growing demand for construction, infrastructural development are the major factors which driving the market of Concrete fiber. Fibers are mainly used in concrete to avoid cracking due to plastic shrinkage and drying shrinkage. They also reduce the permeability of concrete thus reducing bleeding of water and resulted into improved efficiency, transportation and logistics.

Asia Pacific is one of the leading regional markets for concrete fiber and is also expected to grow at significant rate in the forecast period. Globalization coupled with increasing disposable income leads to changing preference towards the concrete construction. The global concrete fiber is expected to grow at CAGR of XX% between years 2016 to 2022.

Key Players:

Bekaert SA,
Cemex,
ABC Polymer Industries,
Sika AG,
Propex Operating Company LLC.,
The Euclid Chemical Company,
Fibercon International Inc.,
Nycon Corporation,
BASF SE.

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