Global Concrete Fiber Market - Segmented by Type, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)

SKU ID : INH- 12345267

Publishing Date : 01-Mar-2018

No. of pages : 137

PRICE
4250
8750

  • The global concrete fiber market is expected to witness a CAGR of 7.9% during the forecast period. Growing construction and infrastructural activities the Asia-Pacific region is the major factor driving the market.

    Transport Infrastructure is the Largest Segment

    The transport infrastructure segment is expected to have the largest share, by application, during the forecast period. Concrete fibers are majorly required in the transport infrastructure for making roads. They enhance toughness and post-crack load carrying capacity of the roads. Concrete fiber is also required in the construction of highways, bridges, railways, and ports, and airports. The rapid increase in construction activities in developing economies is expected to significantly benefit the market for concrete fiber. Additionally, the increasing investments in infrastructure in Asia-Pacific and Middle East & Africa are expected to further augment the market growth during the forecast period.

    Steel Concrete Fiber Dominates the Market

    Steel concrete fibers offer excellent tensile & flexural strength, shock & fatigue resistance, ductility, and high durability. This enables concrete to provide enhanced toughness and post-crack load carrying capacity. Owing to these properties, steel concrete is a highly preferred option for transport infrastructure. The increasing investments on infrastructure in developing economies, such as China, India, and Indonesia, are expected to boost the demand for steel concrete fiber during the forecast period.

    Asia-Pacific is the Most Dominating Region

    In terms of consumption, in 2017, Asia-Pacific held the largest share. The consumption levels of concrete fiber in Asia-Pacific countries, such as China, India, and Indonesia, are expected to rise at a great pace, owing to increasing demand from the transportation and building & construction industry. The road network in India has gradually improved over the years, owing to the need for better transportation facilities. With rapid growth in the transportation infrastructure of the country, the demand for concrete fiber is expected to rise. Additionally, increase in the number of highway projects, and investments in the sector, are further expected to augment the growth of the concrete fiber market during the forecast period.

    Key Developments in the Market

    October 2017: British Columbia researchers developed new seismic-resistant, fiber-reinforced concrete.

    Major Players: BASF SE, Reliance (Recron), ABC Polymer Industries, and Beakart, amongst others.

    Reason to Purchase the Report

    Analyzing various perspectives of the market with the help of Porter’s five forces analysis
    To understand the dominating type and end-user industry in the market
    Countries expected to witness the fastest growth during the forecast period
    Identify the latest developments, market shares, and strategies employed by the major market players
    3-month analyst support, along with the Market Estimate sheet (in excel)

    Customization of the Report

    This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
    market Reports market Reports