The report "Concrete Fiber Market by Type (Synthetic Fiber, Steel Fiber, Glass Fiber, Natural Fiber, Basalt Fiber), End-Use Industry (Transport Infrastructure, Building & Construction, Mining & Tunnel, Industrial Flooring), and Region - Global Forecast to 2021", The global concrete fiber market is projected to reach USD 3.09 Billion by 2021, at a CAGR of 8.2%, from 2016 to 2021. Upward penetration in end-use industries, increasing urbanization, and upsurge in demand of non-corrosive materials are fueling the demand of concrete fiber market.
Browse 88 market data tables and 36 figures spread through 135 pages and in-depth TOC on “Concrete Fiber Market by Type (Synthetic Fiber, Steel Fiber, Glass Fiber, Natural Fiber, Basalt Fiber), End-Use Industry (Transport Infrastructure, Building & Construction, Mining & Tunnel, Industrial Flooring), and Region - Global Forecast to 2021”
https://www.marketsandmarkets.com/Market-Reports/concrete-fibers-market-122792577.html
Early buyers will receive 10% customization on reports.
Transport Infrastructure: The largest end-use industry segment of the concrete fiber market
The transport infrastructure is the largest-segment of the global concrete fiber market. The growth of this segment is attributed to the increasing demand of concrete fiber in the road industry. Properties such as high durability, strong impact resistance, mechanical, chemical, and thermal resistance make concrete fiber preferable in industries where strength and stability is imperative. The transport infrastructure industry comprises of roadways, highways, bridges, railways, and ports & airports. Concrete fibers are used to manufacture conventional concrete paving, barrier rails, roads in the logistics center, and sound attenuation barriers.
North America: The largest market for concrete fiber
Globally, North America is the largest market for concrete fiber. The U.S. concrete fiber market is witnessing growth in demand due to the increasing usage of synthetic and steel concrete fiber across various end-use industries. There are many concrete fiber manufacturing companies like ABC Polymer Industries (U.S.), Nycon Corporation (U.S.), and Owens Corning (U.S.). Major manufacturers based in this region are experiencing various challenges such as, competition from new & existing players, pressure from environmental agencies, demand for substitute and eco-friendly products, and calculating the cost efficiency of the final product.
Some of the major players in the global concrete fiber market are, Bekaert SA (Belgium), Sika AG (Switzerland), Propex Operating Company LLC (U.S.), ABC Polymer Industries (U.S.) and Cemex (Mexico). Major players in this market are focusing on organic growth strategies for a greater market share in emerging economies such as India, Nigeria, and Brazil. Also, several companies have strengthened their distribution networks in these countries.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]