Concrete Fiber Market worth USD 3.09 Billion by 2021, registering a CAGR of 8.2%


Posted May 28, 2020 by armaan007

Concrete Fiber Market expected to be valued at USD 3.09 Billion by 2021, at a CAGR of 8.2%, during 2016–2021

 
The report "Concrete Fiber Market by Type (Synthetic Fiber, Steel Fiber, Glass Fiber, Natural Fiber, Basalt Fiber), End-Use Industry (Transport Infrastructure, Building & Construction, Mining & Tunnel, Industrial Flooring), and Region - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to reach USD 3.09 Billion by 2021, at a CAGR of 8.2%, from 2016 to 2021.

Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122792577

Upward penetration in end-use industries, increasing urbanization, and upsurge in demand of non-corrosive materials are fueling the demand of concrete fiber market.

Target audience:

Concrete Fiber Manufacturers
Concrete Fibers Traders, Distributors, and Suppliers
Industry Associations
Raw Material Suppliers
Government and Research Organizations
Transport Infrastructure: The largest end-use industry segment of the concrete fiber market

The transport infrastructure is the largest-segment of the global concrete fiber market. The growth of this segment is attributed to the increasing demand of concrete fiber in the road industry. Properties such as high durability, strong impact resistance, mechanical, chemical, and thermal resistance make concrete fiber preferable in industries where strength and stability is imperative. The transport infrastructure industry comprises of roadways, highways, bridges, railways, and ports & airports. Concrete fibers are used to manufacture conventional concrete paving, barrier rails, roads in the logistics center, and sound attenuation barriers.

https://www.prnewswire.com/news-releases/concrete-fiber-market-worth-309-billion-usd-by-2021-611624355.html

North America: The largest market for concrete fiber

Globally, North America is the largest Region for Concrete Fiber Market. The U.S. concrete fiber market is witnessing growth in demand due to the increasing usage of synthetic and steel concrete fiber across various end-use industries. There are many concrete fiber manufacturing companies like ABC Polymer Industries (U.S.), Nycon Corporation (U.S.), and Owens Corning (U.S.). 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.

Some of the major players in the global concrete fiber market are, Bekaert SA (Belgium), Sika AG (Switzerland), Propex Operating Company LLC (U.S.), ABC Polymer Industries (U.S.) and Cemex (Mexico). Major players in this market are focusing on organic growth strategies for a greater market share in emerging economies such as India, Nigeria, and Brazil. Also, several companies have strengthened their distribution networks in these countries.

Early buyers will receive 10% free customization on this report.

Don't miss out on business opportunities in Concrete Fiber Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow.

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=122792577

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Markets And Markets
Country India
Categories Construction , Industry
Tags concrete fiber , concrete fiber industry , concrete fiber manufacturers , concrete fiber market , construction industry , coronavirus , covid , covid19
Last Updated May 28, 2020