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Global Synthetic Concrete Fibers Market Insight2022-02-14 Comments
The Synthetic Concrete Fibers is forecast to smooth over the next few years. According to the WK-chem Research “Global Synthetic Concrete Fibers Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the steel fiber industry，the Synthetic Concrete Fibers industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 8.40%.
“The use of Synthetic Concrete Fibers technology in the manufacture and use of steel fiber is expected to provide various opportunities for market growth, Senior analyst, Chemical & Material Market Research Center in WK-chem.” It is expected that during the forecast period, the traffic building industry will dominate the global Synthetic Concrete Fibers market.”
Concrete fibers are used in mining and tunneling applications to improve concrete strength and durability, impact and fatigue resistance, and other properties. Additionally, traffic congestion has led governments in developed and developing economies to build tunnels and subways, using concrete fibers to redistribute loads in tunnel linings. The growing population has driven the growth of residential construction and construction activities, in which concrete fibers are widely used to reduce crack formation in concrete materials. Furthermore, rapid industrialization has boosted industrial settings in both developed and developing economies, where concrete fibers are used to increase the tensile strength of industrial structures. Furthermore, governments in different countries have been focusing on infrastructure construction where concrete fibers are used to redistribute loads, increase tensile strength and prevent cracks. These factors are expected to increase the sales of concrete fibers in the construction and construction industry; thereby propelling the market growth. All these factors together drive the demand for concrete fibers.
This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Synthetic Concrete Fibers companys that include Sika AG、Eucid Chemical Company、CEMEX、Ozinga Bros. Inc.、FORTA Concrete Fiber、Heidelberg Cement、ABC Polymer Industries .etc.
Segmentation of Synthetic Concrete Fibers Market:
Concrete fibers can be roughly divided into steel fibers, synthetic fibers, glass fibers, natural fibers and others according to fiber types. The steel fiber segment dominates the global market and the construction industry is growing due to the competitive environment, construction speed and efficiency. Therefore, the use of steel fiber reinforced concrete in such projects is a major market trend. Steel fiber reinforced concrete is most suitable for controlling cracks in the early stage of construction and for crack control under enhanced bearing conditions. By application, it can be divided into infrastructure, building and construction, industry, mining and tunneling, etc. The infrastructure segment dominates the global market, and concrete fibers are widely used in various building infrastructures to improve their structural integrity. In addition, it is used to control cracking due to plastic shrinkage and drying shrinkage.
Synthetic Concrete Fibers Market: Regional Analysis
In terms of geography, the global Synthetic Concrete Fibers market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. The Asia Pacific concrete fiber market size is expected to grow at the highest CAGR over the forecast period and account for the largest portion of the concrete fiber market share in 2020. The rise of the industrial, railway and construction sectors has enhanced the performance of concrete fibers in Asia Pacific. China has the world’s largest consumer goods manufacturing industry. Driven by rapid growth in domestic consumption and continued gross domestic product (GDP) growth, Chinese industry has seen significant growth in the use of concrete fibers to increase the tensile strength of industrial/industrial structures.
Largest share area：Asia-Pacific
Largest share country：China
Product Type：Steel Fiber，Synthetic Fiber，Glass Fiber，Natural Fiber
Application：Infrastructure，Building & Construction，Mining & Tunnel，IndustrialLeading Company：Sika AG、Eucid Chemical Company、CEMEX、Ozinga Bros. Inc.、FORTA Concrete Fiber