Market Overview:
The global concrete reinforcing fiber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for concrete reinforcing fibers in bridge, road, and building applications. Additionally, the growing construction industry in emerging economies is also contributing to the growth of the global concrete reinforcing fiber market. The steel concrete fiber segment is expected to dominate the global concrete reinforcing fiber market during the forecast period. This can be attributed to its high strength and durability as compared to other types of fibers such as synthetic or glass fibers. The Asia Pacific region is expected to lead the global concrete reinforcing fiber market during the forecast period owing to rapid industrialization and urbanization in countries such as China and India.
Product Definition:
Concrete reinforcing fiber is a material made of fine, discrete particles of synthetic or natural fibers that are added to concrete to improve its mechanical properties, primarily its tensile strength.
Steel Concrete Fiber:
Steel concrete fiber is a reinforcing steel cord that is embedded in the concrete during the construction process. The use of fiber reinforced concrete (FRC) has been around for more than two decades, however, it gained prominence with the advent of high strength and durable concretes. Fiber-reinforced cement paste or slurry can be used to reinforce any type of solid cement structure such as walls, beams and columns.
Synthetic Concrete Fiber:
The global synthetic concrete fiber and it's usage in the concrete reinforcing fiber market size was valued at USD 8.5 million in 2016. The increasing demand for lightweight materials with high strength is expected to drive the growth of this industry over the forecast period.
Application Insights:
The building segment accounted for a revenue share of more than 40% in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to the growing construction activities in emerging economies such as China, India, Brazil and so on. In addition, bridge construction is also one of the significant application areas owing to its rising demand across various regions including North America, Europe and Asia Pacific.
The others segment includes infrastructure projects such as railway networks that are constructed using reinforced concrete. The increasing number of infrastructure projects around the world has boosted product demand from 2016 till date.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to rapid infrastructure development coupled with rising construction activities, especially in developing countries such as China and India.
The growing infrastructural needs across various sectors including transportation, commercial, residential are expected to drive the demand for concrete fibers globally. For instance, according to a research paper published by IIEI on Emerging Trends & Issues Concerning Infrastructure Development In Europe And Asia Pacific; it was estimated that around USD X trillion will be spent on infrastructure annually between 2016 and 2020 across both regions.
In addition, increasing investments towards green building initiatives are projected favorably impact industry growth over the coming years.
Growth Factors:
- Increasing demand for concrete reinforcing fiber in construction industry as it improves the strength and durability of concrete structures.
- Rising awareness about the benefits of using concrete reinforcing fiber among architects, engineers, and contractors.
- Growing demand for precast and prestressed concrete products in developing countries due to increasing infrastructure development activities.
- Technological advancements in manufacturing process of concrete reinforcing fiber that results in improved performance and quality of products.
- Rising disposable income levels coupled with growing urbanization is expected to boost the demand for construction services which will subsequently drive the growth of global Concrete Reinforcing Fiber market
Scope Of The Report
Report Attributes
Report Details
Report Title
Concrete Reinforcing Fiber Market Research Report
By Type
Steel Concrete Fiber, Synthetic Concrete Fiber, Glass Concrete Fiber, Others
By Application
Bridge, Road, Building, Others
By Companies
Bekaert, CEMEX, Sika, ABC Polymer Industries, Nycon Corporation, Owens Corning, FORTA, Euclid Chemical, Fibercon, W.R. Grace, Bekaert
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Concrete Reinforcing Fiber Market Report Segments:
The global Concrete Reinforcing Fiber market is segmented on the basis of:
Types
Steel Concrete Fiber, Synthetic Concrete Fiber, Glass Concrete Fiber, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bridge, Road, Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bekaert
- CEMEX
- Sika
- ABC Polymer Industries
- Nycon Corporation
- Owens Corning
- FORTA
- Euclid Chemical
- Fibercon
- W.R. Grace
- Bekaert
Highlights of The Concrete Reinforcing Fiber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel Concrete Fiber
- Synthetic Concrete Fiber
- Glass Concrete Fiber
- Others
- By Application:
- Bridge
- Road
- Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Concrete Reinforcing Fiber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Concrete reinforcing fiber is a type of fiberglass-reinforced plastic that is used to reinforce concrete. It is made from a mixture of glass and plastic fibers that are bonded together with a resin. Concrete reinforcing fiber helps to increase the strength and durability of concrete structures by providing them with additional support.
Some of the key players operating in the concrete reinforcing fiber market are Bekaert, CEMEX, Sika, ABC Polymer Industries, Nycon Corporation, Owens Corning, FORTA, Euclid Chemical, Fibercon, W.R. Grace, Bekaert.
The concrete reinforcing fiber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Concrete Reinforcing Fiber Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Concrete Reinforcing Fiber Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Concrete Reinforcing Fiber Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Concrete Reinforcing Fiber Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Concrete Reinforcing Fiber Market Size & Forecast, 2018-2028 4.5.1 Concrete Reinforcing Fiber Market Size and Y-o-Y Growth 4.5.2 Concrete Reinforcing Fiber Market Absolute $ Opportunity
Chapter 5 Global Concrete Reinforcing Fiber Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Concrete Reinforcing Fiber Market Size Forecast by Type
5.2.1 Steel Concrete Fiber
5.2.2 Synthetic Concrete Fiber
5.2.3 Glass Concrete Fiber
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Concrete Reinforcing Fiber Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Concrete Reinforcing Fiber Market Size Forecast by Applications
6.2.1 Bridge
6.2.2 Road
6.2.3 Building
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Concrete Reinforcing Fiber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Concrete Reinforcing Fiber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Concrete Reinforcing Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Concrete Reinforcing Fiber Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Concrete Reinforcing Fiber Market Size Forecast by Type
9.6.1 Steel Concrete Fiber
9.6.2 Synthetic Concrete Fiber
9.6.3 Glass Concrete Fiber
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Concrete Reinforcing Fiber Market Size Forecast by Applications
9.10.1 Bridge
9.10.2 Road
9.10.3 Building
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Concrete Reinforcing Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Concrete Reinforcing Fiber Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Concrete Reinforcing Fiber Market Size Forecast by Type
10.6.1 Steel Concrete Fiber
10.6.2 Synthetic Concrete Fiber
10.6.3 Glass Concrete Fiber
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Concrete Reinforcing Fiber Market Size Forecast by Applications
10.10.1 Bridge
10.10.2 Road
10.10.3 Building
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Concrete Reinforcing Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Concrete Reinforcing Fiber Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Concrete Reinforcing Fiber Market Size Forecast by Type
11.6.1 Steel Concrete Fiber
11.6.2 Synthetic Concrete Fiber
11.6.3 Glass Concrete Fiber
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Concrete Reinforcing Fiber Market Size Forecast by Applications
11.10.1 Bridge
11.10.2 Road
11.10.3 Building
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Concrete Reinforcing Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Concrete Reinforcing Fiber Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Concrete Reinforcing Fiber Market Size Forecast by Type
12.6.1 Steel Concrete Fiber
12.6.2 Synthetic Concrete Fiber
12.6.3 Glass Concrete Fiber
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Concrete Reinforcing Fiber Market Size Forecast by Applications
12.10.1 Bridge
12.10.2 Road
12.10.3 Building
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Concrete Reinforcing Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Concrete Reinforcing Fiber Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Concrete Reinforcing Fiber Market Size Forecast by Type
13.6.1 Steel Concrete Fiber
13.6.2 Synthetic Concrete Fiber
13.6.3 Glass Concrete Fiber
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Concrete Reinforcing Fiber Market Size Forecast by Applications
13.10.1 Bridge
13.10.2 Road
13.10.3 Building
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Concrete Reinforcing Fiber Market: Competitive Dashboard
14.2 Global Concrete Reinforcing Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bekaert
14.3.2 CEMEX
14.3.3 Sika
14.3.4 ABC Polymer Industries
14.3.5 Nycon Corporation
14.3.6 Owens Corning
14.3.7 FORTA
14.3.8 Euclid Chemical
14.3.9 Fibercon
14.3.10 W.R. Grace
14.3.11 Bekaert