Concrete Fiber Market to Achieve US$ 1078.2 Million with 3.5% CAGR Rise by 2024

Concrete Fiber Market

Concrete fiber is a special high-performance fiber used in a concrete/ mortar; it can increase the structural integrity of the concrete. Concrete fibers mainly include steel fibers and synthetic fibers.

Concrete fiber is one of the main raw materials of fiber concrete. Fiber concrete is mainly used in the road industry, construction, industrial, etc. Concrete fiber includes steel fiber, synthetic fiber such as polypropylene fiber, nylon fiber, and others. Owning to higher addition and lower price, steel fiber remains the most used fiber of all 60.58% of total MT used in 2015, followed by synthetic fiber 31.86% in 2015.

Compared with foreign giants, concrete fiber produced by Chinese manufacturers still has a certain gap. In China, due to affluent raw material and lower price, concrete fiber manufacturers mainly produce steel fiber. The USA is the biggest producer and main consumer of concrete fiber in the world. Euclid Chemical, Sika Corporation, Nycon are the major manufacturers in the USA, and these companies usually produce both steel fiber and synthetic fiber. Europe is another biggest consumer of concrete fiber in the world, which was estimated to account for 21.47% in 2015.

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We tend to believe that this industry still has a bright future, considering the current demand of concrete fiber. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.

According to this study, over the next five years, the Concrete Fiber market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 1078.2 million by 2024, from US$ 906.7 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Concrete Fiber business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Concrete Fiber market by product type, application, key manufacturers and key regions and countries.

This study considers the Concrete Fiber value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Steel Concrete Fibers
Synthetic Concrete Fiber
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Industrial Flooring
Bridge & Road
Residential & Commercial Building
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

America
APAC
Europe
Middle East & Africa

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The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Bekaert SA
Euclid Chemical
Nycon
Sika Corporation
Propex
BASF
Fibercon International
Grace
Fabpro
Chircu Prod-Impex
BAUTECH
Elasto Plastic Concrete EPC
FORTA
Hunan Sunshine Steel Fiber
Junwei Metal Fiber
Anteng Gangxianwei
Taian Tongban Fiber
Luan Steel Fiber
Wuhan Xintu
Ganzhou Daye

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Concrete Fiber consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Concrete Fiber market by identifying its various subsegments.
Focuses on the key global Concrete Fiber manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Concrete Fiber with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Concrete Fiber submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Customization of this Report can be done as per the client’s requirement.

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