Global Concrete fiber Market, By Type (Synthetic Fiber, Steel Fibers, Glass Fibers and others) by Application (Construction, Industrial, Road industry and other), - Forecast 2016-2022.
Pune, India -- (SBWIRE) -- 09/22/2017 -- Market Synopsis of Concrete Fiber Market.
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.
The major player operating of Global Concrete Fiber Market are Bekaert SA, Cemex, ABC Polymer Industries, Sika AG, Propex Operating Company, LLC., The Euclid Chemical Company, Fibercon International Inc., Nycon Corporation, and BASF SE.
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.
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Concrete Fibers due to its characteristic properties such as increased impact & abrasion resistance, and lowered permeability are used in a wide range of end user industries, such as road industry, construction, industrial, and mining applications. It ensures high durability and stability through reduction of permeability and helps to protect the damage caused by the environmental factors. Moreover, Concrete Fibers add toughness and tensile strength to the concrete and help to enhance the structural design.
The report has analyzed the market based on the two segments: type, and application in the regions of North America, Europe, A.PAC and rest of the world. On the basis of type it includes synthetic fiber, steel fibers, glass fibers and others. Steel concrete fiber type segment holding the largest market share. Excellent tensile & flexural strength, shock resistance and high durability are driving the market of steel concrete. Moreover, On the basis of application it includes construction, industrial, road industry and other. The transport infrastructure is the largest end-use industry segment due to the increasing demand of Concrete Fibers in the road industry. In transport industry Concrete Fibers are used to manufacture roads, highways, bridges, railways, and ports & airports. The Global Concrete Fiber Market is expected to cross USD XX Billion at the end of the forecasted period and is expected to grow at CAGR of approximately XX from 2016 to 2022.
Asia pacific is estimated to account for the largest share. Countries such as China, India, Japan and others witnessing an increase in the demand for Concrete Fiber. China leads the Concrete Fiber Market. Rise in construction activities due to an increase in population has aided China and other developing economies. Moreover, major global manufacturers are focusing on setting up distribution networks and R&D centers in this region. This plays an important role for the growth of the market. Whereas, North America is one of the key Concrete Fiber Markets. Product innovation in terms of quality and application development are driving the market of Concrete Fiber.
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The report for Global Concrete fiber Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advance Concrete Fiber, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Key Points from Table of Contents:
7 Competitive Analysis
7.1 Market Share Analysis
7.2 Company Profiles
7.2.1 Bekaert Sa
7.2.3 Abc Polymer Industries
7.2.4 Sika Ag
7.2.5 Propex Operating Company
7.2.6 The Euclid Chemical Company
7.2.7 Fibercon International Inc.
7.2.8 Nycon Corporation
7.2.9 Basf Se
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