Market Research Future Published a Half Cooked
Research “Global
Concrete fiber Market Research Report - Forecast to 2023” - Market Analysis,
Scope, Stake, Progress, Trends and Forecast up to 2023.
Bekaert SA, Cemex, ABC Polymer Industries, Sika AG, Propex Operating
Company, LLC., The Euclid Chemical Company, Fibercon International Inc., Nycon
Corporation, and BASF SE are some of the prominent players at the forefront of
competition in the global concrete fiber market and are profiled in MRFR
Analysis.
Concrete fiber Market – Market Overview Concrete
fiber also known as fiber reinforced concrete. It is concrete containing
fibrous material which increases its structural integrity. It contains short
discrete fibers that are uniformly distributed and randomly oriented. It is
made up from concrete, steel fibers, glass fibers and natural fibers. For many
applications, it is becoming increasingly popular to reinforce the concrete
with small, randomly distributed fibers. Their main purpose is to increase the
energy absorption capacity and toughness of the material, but also increase
tensile and flexural strength of concrete.
Concrete reinforced with fibres which are usually steel, glass or
“plastic” fibres is less expensive than hand-tied rebar, while still increasing
the tensile strength many times. Shape, dimension and length of fibre is
important. Fibres are usually used in concrete to control plastic shrinkage
cracking and drying shrinkage cracking. They also lower the permeability of
concrete and thus reduce bleeding of water. Some types of fibres produce
greater impact, abrasion and shatter resistance in concrete. Generally fibres
do not increase the flexural strength of concrete, so it cannot replace moment
resisting or structural steel reinforcement. Some fibres reduce the strength of
concrete. Whereas, major manufacturers based in this region are experiencing
various challenges such as, competition from new & existing players,
pressure from environmental agencies, demand for substitute and eco-friendly
products, and calculating the cost efficiency of the final product.
Accrediting the colossal growth the Concrete fiber market is witnessing
currently and the potential the market is demonstrating to accrue pervasively
further in the years to come; the Market Research Future has recently
published a meticulous study report giving out the complete market
insight up till 2023. According to which, continuing with the same trends the
global Concrete fiber market is projected to perceive an outstanding growth by
2023 registering a striking CAGR during the anticipated period (2017 –
2023).
Concrete fiber
Market – Competitive Analysis Concrete fiber market
appears to be highly fragmented and competitive owning to the presence of
numerous large and small players active in regional market. The key strategies
traced from the analysis of recent developments of the key players include
product launch, agreement & partnership, acquisition and expansion.
Strategic partnerships between key players support the growth and expansion
plans of the key players during the forecast period. On the product and sales
side, companies are investing in innovation/R&D, brand building, and
fostering strong relationships with customers to support their competitive
position.
Manufacturers operating in
the market strive to deliver innovative solutions that improve the design and
manufacturing processes of business around the world. Focusing upon the
competitive edge, manufacturers strive to develop products that can deliver
optimal adhesion, convenience and reliability. Utilizing their international
and regional presence, these manufacturers assure their customers with the
consistency in product & service quality. Manufacturers strive to develop
their product portfolio with a wide range of products for flat steels for every
application.
Industry Overview: Increasing
demand from developing economies, such as China and India for concrete fibers,
and growing population of concrete fibers as compared to other composites are
factors that drive the concrete fiber market in the Asia Pacific region. In
contrast to this, high operating costs and lack of required R&D investments
and technical knowledge are the key restraining factors hampering the market
growth.
Concrete fiber Market – Segments For the convenience of the report and
enhanced understanding; The Concrete fiber Market is segmented in to 3key
dynamics
Segmentation by Type: Synthetic
Fiber, Steel Fibers, Glass Fibers and others
Segmentation by
Application: Construction, Industrial, Road industry and other
Segmentation by Regions: Comprises Geographical
regions - North America, Europe, APAC and Rest of the World.
Concrete fiber Market – Regional Analysis
The global Concrete fiber market by region has been segmented into North
America, Europe, Asia-Pacific and Rest of the world. This market has seen a
substantial growth over the past few years and it has been experienced that the
market will remain on the same growth level till forecast period. Among the
regions covered, Asia-Pacific has accounted the largest market for Concrete
fiber market followed by Europe and North America. China leads the concrete
fiber market, rise in construction activities due to an increase in population
has aided China and other developing economies.
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