Concrete Fibers Market 2016 Industry Size, Shares, Segment & Forecast up to 2020
Deerfield Beach, FL -- (SBWIRE) -- 07/08/2016 -- Concrete Fibers Market - Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020
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Fibers are typically used in concrete to control cracking due to shrinkage. Concrete fibers are used in wide range of applications in concrete fiber includes steel fibers, synthetic fiber, glass fibers, synthetic fibers, basalt fiber and natural fibers. Concrete Fibers are also including micro-synthetic fibers, macro-synthetic. Concrete fiber is commonly used in various industries such as residential, commercial, industrial, building and construction and others. Moreover, Glass fiber mainly use in architectural panels. Steel concrete fiber Reduce steel reinforcement requirements, Improve ductility and provides shrinkage crack control. Natural concrete fiber contains materials derived from natural sources such as jute, sisal, sugarcane, and coconut.
The major driving factor for the global concrete fibers market is rapidly improving construction industry across the globe. Another key driving factor is increasing demand of basalt concrete fiber and growing urbanization. Moreover, More usage of concrete fiber in industry such as road construction, mining application, industrial and others also the key driving factor of this market. However, high operating prices of raw material is expected to be one the major restraints of this industry.
The concrete fibers market classification based on material, end-user and regional segment. On the basis of material, concrete fibers market has been segmented into steel fibers, synthetic fibers, glass fibers, natural fibers, basalt fibers and others. Synthetic fiber was leading material segments of the concrete fibers market. A steel fiber is also expected to grow at moderate rate from the forecast period.
Key en-user includes in concrete fibers market such as road industry, industrial, mining, construction and other end-user industries. Among the all end-user segment construction industry dominated the concrete fiber market. All the market distribution on products and application has been analyzed based on present and future trends and the market is estimated from 2015 to 2020.
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Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, further bifurcation of region on the country level, which include U.S., Germany, UK, France, China, Japan and India. Asia Pacific has witnessed strong and fastest growth of concrete fibers market in 2014. North America is expected to be the second largest region in global concrete fiber. China held key market share of the concrete fiber in the region followed by Japan, India and other country.
The report covers detailed competitive scenario including the company overviews, financial revenues of the key participants to develop their positions in the global market. There is some major manufacture in the concrete fiber market such as BASF SE, Fibercon International Inc., Propex Global, LLC, SIKA AG, W.R. Grace and Company, ABC Polymer Industries, Sika AG, The Euclid Chemical Company and Nycon Corporation.
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