Concrete Reinforcing Fiber Market is not a new conception. Subsequently biblical times, fibers were used in cementing construction resources in the form of horse hair and straw. Nowadays, there are a huge variety of fiber options for reinforcing concrete which is available in the market. These include steel and blended fibers, macro and micro synthetic fibers. Due to various options it can be difficult to choose exactly what fiber is required for a given application. Examples of existing applications utilizing Concrete reinforcing fiber include composite metal deck, ground supported slabs, and pile supported slabs, bridge decks, mat slabs, pavements, tunnel panel segments and several precast applications
Data Bridge Market Research analyses that the concrete reinforcing fiber market was valued at USD 2.59 billion in 2021 and is expected to reach USD 4.13 billion by 2029, registering a CAGR of 6.00 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Fiber reinforcing fiber concrete is a concrete which is primarily made up of aggregates, hydraulic cements, and discrete reinforcing fibers. Fibers are appropriate for reinforcing concrete which have been manufactured from glass, steel, and organic polymers (synthetic fibers). Naturally occurring vegetable fibers and asbestos fibers, such as jute and sisal are also used for reinforcement. The concrete bases may be normally proportioned mixtures, mortars, or specially formulated for a specific application. If it is properly planned, then gained the greatest benefits by using fiber reinforcement which improved long-term serviceability of the product or structure.
Opportunities
Increasing number of product innovations
The growth of advanced polyethylene reinforcing fiber which provides higher profits compared to the polypropylene and steel products is the most emerging trends in the market. Rising investment in R&D for the production of advanced high strength fiber is projected to profit the market growth during forecast period.
Rise the demand of eco-friendly fibre
Basalt fibers are the one of the concrete reinforcing fibre. Basalt fibre are eco-friendly due to which increase the adoption in developed economies so this factor will anticipated to increase the demand of product in the market
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Competitive Landscape and Global Concrete Reinforcing Fiber Market Share Analysis
The concrete reinforcing fiber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to concrete reinforcing fiber market.
Some of the major players operating in the concrete reinforcing fiber market are:
Fibercon International Inc (US)
Sika AG (Switzerland)
ABC Polymer Industries LLC (US)
Bekaert (Belgium)
FORTA Concrete Fibre (US)
GCP Applied Technologies Inc (US)
Nycon (US)
CEMEX S.A.B. de C.V (Mexico)
Owens Corning (US)
The Euclid Chemical Company (Canada)
Grace (US)
Propex Operating Company, LLC.(US)
BASF SE (Germany)
Ultratech Cement (India)
U.S. Concrete, Inc (US)
KrampeHarex GmbH & Co. KG (Germany)
BAUTECH sp. z o.o (Poland)
Ganzhou Daye (China)
Fabpro Polymers (US)
Global Concrete Reinforcing Fiber Market Scope
The Concrete Reinforcing Fiber market is segmented on the basis of products and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Products
Polyethylene
Polypropylene
Steel, Basalt
Natural Fiber
Synthetic Fiber
Glass Fiber
Others
Application
Infrastructure
Residential
Commercial
Mining and Tunnel
Building and Construction
Industrial
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