Concrete Fiber Market was valued at USD 3.09 Bn in 2022 and is expected to reach at USD 5.35 Bn by 2029 at a CAGR of 8.18% over the forecast period 2023-2029.
Concrete Fiber Plastics Market Report Scope and Research Methodology
The Concrete Fiber Market report includes current trends and market highlights, assisting clients in exploring lucrative opportunities in the market. During the forecast period, the report covers market size with estimations and growth rates. To understand Concrete Fiber Plastics market penetration, competitive structure, pricing, and demand analysis, regional market analysis is carried out at the local, regional, and global levels.
Data is collected using primary and secondary collection methods with qualitative and quantitative approaches. Primary data include surveys, questionnaires and telephonic interviews with market experts, market leaders and business owners. Secondary data was taken from press releases, annual reports, financial reports, government organizations’ sites and white papers. The bottom-up approach was used for Concrete Fiber Plastics market estimation. For a competitive landscape of the Concrete Fiber Plastics Market, Key players are collected based on various parameters that involve the products and services offered, revenue generated, technological advancements adopted and mergers and acquisitions. Research tools such as SWOT, PESTLE and Porter’s Five forces were used for the Concrete Fiber Plastics Market analysis for the Micro and macro factors affecting the Concrete Fiber Plastics Market presented.
Concrete Fiber Market Overview
Fiber concrete (FRC) is a new building and construction material which is gaining importance in recent years as it is used to improve engineering properties of concrete. Fiber concrete is relatively brittle, tensile, and possess large compressive strength. Therefore, concrete fiber is easily reinforced with steel reinforcing bars. From many end users such as transport, construction, mining, industrial flooring the demand for concrete fiber is increasing. The main purpose of concrete fiber is to increase the energy absorption capacity, toughness of the material, and to increase tensile and flexural strength of concrete.
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Concrete Fiber Plastics Market Regional Insights
The Concrete Fiber Plastics market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions.
Concrete Fiber Plastics Market Segmentation
The Concrete Fibre Market is divided into three sections: type, end-user, and geography. Synthetic fibre held the greatest market share by type in 2022 and is likely to maintain its dominance throughout the forecast period due to increased R&D by manufacturers to improve product quality synthetic fibres. Polypropylene, polyethylene, and other synthetic fibres are further subdivided. Synthetic polymers are being used by a variety of end users, including transportation, building, and construction, since they are easily interchangeable and easy to handle. Transport and infrastructure had the greatest market share in 2022 and is likely to maintain its dominance over the forecast period due to infrastructure initiatives around the world. Concrete fibres are used in the transportation and infrastructure industries to construct roads, highways, bridges, and train stations.
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Concrete Fiber Plastics Market Key Players
• BASF SE (Germany)
• Sika AG (Switzerland)
• Propex Global (U.S.)
• Bekaert SA (Belgium)]
• Owen Corning (U.S.)
• ABC Polymer Industries (U.S.)
• UltraTech Cement Limited (India)
• Owens Corning (US)
• U.S. Concrete, Inc. (US)
• GCP Applied Technologies (US)
• Forta Corporation (US)
• Fibercon International Inc. (US)
• The Euclid Chemical Company (US)
• CEMEX (Mexico)
• Bekaert (Belgium)
• Nycon Corporation
• Synthetic Resources, Inc.
• Kamenny Vek
• Technobasalt-Invest LLC
• INCOTELOGY GmbH
• Sudaglass Fiber Technology
Key questions answered in the Concrete Fiber Plastics Market are:
What is Concrete Fiber Plastics?
What was the Concrete Fiber Plastics market size in 2023?
What is the growth rate of the Concrete Fiber Plastics Market?
Which are the factors expected to drive the Concrete Fiber Plastics market growth?
What are the different segments of the Concrete Fiber Plastics Market?
What growth strategies are the players considering to increase their presence in Concrete Fiber Plastics?
What are the upcoming industry applications and trends for the Concrete Fiber Plastics Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Concrete Fiber Plastics Market?
What is the demand pattern of the Concrete Fiber Plastics Market?
What major challenges could the Concrete Fiber Plastics Market face in the future?
What segments are covered in the Concrete Fiber Plastics Market?
Who are the leading companies and what are their portfolios in Concrete Fiber Plastics Market?
What segments are covered in the Concrete Fiber Plastics Market?
Who are the key players in the Concrete Fiber Plastics market?
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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