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).
Global Key Player:
Ø
BASF SE
Ø
Bekaert SA
Ø
Cemex, ABC Polymer Industries
Ø
Sika AG
Ø
Propex Operating Company, LLC.
Ø
The Euclid Chemical Company
Ø
Fibercon International Inc.
Ø
Nycon Corporation
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.
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.
Browse
key industry insights spread across 135 pages with data tables and figures of
the report “Concrete Fiber Market Research Report, by Type (Synthetic Fiber,
Steel Fiber, Natural Fiber, Glass Fiber, Basalt Fiber and others), End-Use
Industry (Building & Construction, Mining & Tunnel, Industrial
Flooring, Transport and others), Region (North America, Europe, Asia Pacific,
Latin America and Middle East & Africa) - Global Forecast till 2025” in
detail along with the table of contents@ https://www.marketresearchfuture.com/reports/concrete-fiber-market-2085
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