Fiber reinforced concrete involves the use of fibrous material to increase the structural integrity of concrete. Fibers are typically used in concrete to control cracking and faults that occur due to the shrinkage of plastic and evaporation of water during hardening stage of concrete. Concrete fibers are majorly used in different end-user industries such as residential, commercial, industrial, building, and construction. Moreover, fibers add tensile strength and toughness in concrete owing to which fibers enhance the structural design of the construction by improving shatter and abrasion resistance.
Various types of concrete fiber increasingly being embraced in industries include micro-synthetic fibers, macro-synthetic fibers, glass fibers, steel fibers, natural fibers, cellulose fibers, and concrete fiber blends. Micro-synthetic concrete fiber contains monofilament and fibrillated fibers that are manufactured from polyethylene, polypropylene, polyesters, and nylon. Macro-synthetic concrete fiber manufactured from polypropylene helps reduce the width of cracks. Glass fiber has potential applications in architectural panels.
This report projects the trends and opportunities of the global concrete fiber market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period. Our research teams have used various secondary resources and directories such as industrial databases, journals, magazines, and primary resources coupled with industry oriented measures, which include industry-related expert interviews to obtain key information and valuables, which makes it an asset for players in the market.
The global concrete fiber market is expected to witness enormous growth in future. Asia-Pacific is expected to trigger the market growth owing to an increase in construction and architectural designs coupled with an increase in population. Moreover, concrete fibers are being increasingly deployed in roads, highways, bridges, and pavements in the transportation industry. In addition, it is utilized in mining and tunneling activities. Growth of end-user industries is significantly driving the growth of the market.
However, the increasing consumption of concrete fiber is significantly leading to higher operating costs when compared with conventional reinforcing materials. Moreover, the innovation of ready mix concrete that is suitable for several applications such as industrial, mining, and road construction hamper the markets growth. Furthermore, the increasing interest of global manufacturers in setting up distribution networks and R&D centers in Asia-Pacific acts as a promising opportunity for the market growth.
The world concrete fiber markets market is segmented based on type, end-user industry, and geography. By type, it is classified as synthetic concrete fiber, steel concrete fiber, glass concrete fiber, natural concrete fiber, and basalt fiber reinforced concrete. The synthetic concrete fiber segment is further classified into micro synthetic fiber and macro synthetic fiber. By end user industry, the market is segmented into transport infrastructure, building & construction, mining, industrial flooring, and others. Transport infrastructure is further segmented into roadways, highways, bridges, railways, ports, and airports. Building and construction is further segmented into residential and non-residential. Mining is further segmented into shafts & tunnel lining, slope stabilization, and underground mining. Geographically, the concrete fiber market is segmented by North America, Europe, Asia-Pacific, and LAMEA.
The key market players in this sector are Propex Operating Company, LLC, BASF SE, Nycon Corporation, Owens Corning, Elasto Plastics, ABC Polymer Industries, Sika AG, Bekaert SA, Ultratech Cement, and Forta Corporation.
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the current trends, estimations, and dynamics through 20162023, which will assist in identifying prevailing market opportunities.
- Major countries in each region are mapped as per individual market revenue.
- The region-wise and country-wise concrete fiber market conditions have been comprehensively analyzed in the report.
- Key players of the concrete fiber market have been listed.
- This study evaluates the competitive landscape and value chain to understand the competitive environment across geographies.
- An in-depth analysis of the segmentation of the concrete fiber market within the market has been provided, which will assist in prevailing market opportunities.
Concrete Fiber Market Key Segments
- Synthetic Concrete Fiber
- Micro-Synthetic Fiber
- Polypropylene (PP) Fiber
- Polyethylene (PE) Fiber
- Polyester Fiber
- Macro-Synthetic Fiber
- Polymer Blends
- Steel Concrete Fiber
- Glass Concrete Fiber
- Natural Concrete Fiber
- Basalt Fiber Reinforced Concrete
By End-User Industry
- Transport Infrastructure
- Ports and Airports
- Building & Construction
- Shafts and Tunnel Lining
- Slope Stabilization
- Underground Mining
- Industrial Flooring
- North America
- Rest of Europe
- Rest of Asia-Pacific