Concrete Fiber Market Global Industry Demand Wholesale Jerseys China , Research Report 2016-2021 by upasna · November 22, 2018
The Concrete Fiber Market Global Industry Report is projected to reach USD 3.09 billion by 2021 at a CAGR of 8.2% from 2016 to 2021.
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Increasing demand of synthetic concrete fiber across various end-use industries such as transport infrastructure, building & construction, and mining & tunnel is driving the global concrete fiber market.
The steel concrete fiber type segment dominates the concrete fiber market. It has excellent tensile & flexural strength, shock & fatigue resistance, ductility, and high durability. These properties enable it to provide enhanced toughness and post-crack load carrying capacity to the concrete. The leading companies manufacturing steel concrete fiber include Bekaert SA (Belgium) Wholesale Jerseys , BASF SE (Germany), and Sika AG (Switzerland)
The transport infrastructure is the largest end-use industry segment of the global concrete fiber market. This is due to the increasing demand of concrete fibers in the road industry. In transport industry concrete fibers are used to manufacture roads, highways, bridges, railways, and ports & airports.
North America is one of the key concrete fiber markets. Globally, it is the largest market respect to demand as well as product innovation in terms of quality and application development. The U.S. is the largest country in North America and one of the key consumers of concrete fiber Cheap NFL Sports Jerseys , accounting for a major share of the North American concrete fiber market. The country鈥檚 concrete fiber market is witnessing growth in demand due to the increasing use and expanding. There are many concrete fiber manufacturing companies like ABC Polymer Industries (U.S.), Cemex (Mexico), Nycon Corporation (U.S.), and Owens Corning (U.S.).
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The Asia-Pacific is the fastest-growing market, with countries like China, India, Japan Cheap Wholesale NFL Jerseys , South Korea, and others witnessing an increase in the demand for concrete fiber. Major global manufacturers are focusing on setting up distribution networks and R&D centers in this region. In Asia-Pacific, China is the leading market having accounted for a share of 55.7% of the total market share in 2015. There are many domestic players such are Reliance (India) and Ultratech Cement (India), which market and supply concrete fiber products globally.
Although the concrete fiber mared stage have to be modified. In the recent years, basalt fiber reinforced rebars significantly improve the durability of civil engineering structures, especially under corrosion environment. The growth in the construction industry can be attributed to various factors, such as a young and vibrant population with significant change in the lifestyle and a corresponding shortage in affordable housing. These factors are fueling the demand for concrete fiber.
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Companies such as Bekaert SA (Belgium), Cemex (Mexico) Cheap NFL Jerseys China , ABC Polymer Industries (U.S.), Sika AG (Switzerland), and Propex Operating Company, LLC (U.S.), contribute about 70% share in the concrete fiber market. They have strengthened their market positions through diverse product portfolios, strategically positioned R&D centers, consistent strategic development activities Cheap NFL Jerseys , and technological advancements. They have been adopting various organic and inorganic growth strategies, such as investments & expansions, mergers & acquisitions, and new product launches & developments to increase their market shares.
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