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.
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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).
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
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 Size 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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