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.
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