Market
Overview:
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.
Access
Complete Report @ https://www.marketresearchfuture.com/reports/concrete-fiber-market-2085
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