Market Overview:
The global synthetic concrete fibers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for synthetic concrete fibers in bridge & road, residential building, and commercial building applications. Additionally, the growing construction industry in emerging economies is also contributing to the growth of the global synthetic concrete fibers market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Synthetic concrete fibers are polymer fibers that are used to reinforce concrete. They are added to the mix before it is poured, and they help to prevent cracking and improve the strength of the finished product.
Macro-Synthetic Fibers:
Macro-synthetic fibers are long-chain synthetic polymers, which can be used in various applications including reinforcement for concrete and asphalt. These fibers are produced by the polymerization of short chain monomers. The most commonly used macromonomers include styrene-butadiene (SBR), acrylic acid, and methacrylic acid.
Micro-Synthetic Fibers:
Micro-synthetic fibers are short fibers that are manufactured by bonding synthetic polymers to a core material. The most commonly used micro-synthetic fiber is Polyethylene Terephthalate (PET). PET is the most widely used micro-synthetic fiber in synthetic concrete fibers market on account of its properties such as high strength, durability, and lightweight.
Application Insights:
The bridge & road application segment led the global market in 2017. This is attributed to growing demand for bridges and roads from various applications, such as railway systems, marine navigation, and roadway transportation. In addition, favorable government regulations promoting infrastructure development are expected to drive the growth of the segment over the forecast period.
Residential building was one of the prominent segments that accounted for a significant share in 2017 owing to increasing urbanization across various regions coupled with rising consumer disposable income levels has resulted in increased construction spending by consumers on new residential buildings or renovation of old buildings into apartments or houses. This factor is anticipated to boost product demand over the forecast period.
Commercial building application segment is also projected to witness significant growth during future years due largely on economic recovery from several countries across Europe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased construction activities. Rapid growth of residential and commercial building sectors on account of increasing population is anticipated to fuel product demand over the forecast period.
Europe accounted for a significant share owing to growing application scope in major countries such as Germany, U.K.
The European Commission announced financial incentives such as grants.
Growth Factors:
- Increasing demand for lightweight and high-strength concrete products in the construction industry
- Rising awareness about the benefits of synthetic concrete fibers among architects, engineers, and contractors
- Growing use of synthetic concrete fibers in precast concrete products
- Proliferation of advanced manufacturing technologies for producing synthetic concrete fibers
- Rising investments by key players in research and development to develop innovative synthetic fiber products
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Concrete Fibers Market Research Report
By Type
Macro-Synthetic Fibers, Micro-Synthetic Fibers
By Application
Bridge & Road, Residential Building, Commercial Building, Others
By Companies
BASF, Sika, ABC Polymer, Propex, GCP Applied Technologies, Euclid Chemical, Nycon, BarChip, FORTA, Fabpro Polymers, Ha-Be, Contec Fiber, Belgian Fibers, Kasturi Metal Composite, Taian Tongban Fiber, TianYi, Zibo Longshun Chemical Fiber, Zibo Ruixing
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Concrete Fibers Market Report Segments:
The global Synthetic Concrete Fibers market is segmented on the basis of:
Types
Macro-Synthetic Fibers, Micro-Synthetic Fibers
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, Residential Building, Commercial 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:
- BASF
- Sika
- ABC Polymer
- Propex
- GCP Applied Technologies
- Euclid Chemical
- Nycon
- BarChip
- FORTA
- Fabpro Polymers
- Ha-Be
- Contec Fiber
- Belgian Fibers
- Kasturi Metal Composite
- Taian Tongban Fiber
- TianYi
- Zibo Longshun Chemical Fiber
- Zibo Ruixing
Highlights of The Synthetic Concrete Fibers 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:
- Macro-Synthetic Fibers
- Micro-Synthetic Fibers
- By Application:
- Bridge & Road
- Residential Building
- Commercial 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 Synthetic Concrete Fibers 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Synthetic concrete fibers are a type of synthetic material that is made up of small, fibrous pieces. These fibers can be used to create products such as insulation, roofing materials, and flooring. Synthetic concrete fibers are often less expensive than traditional construction materials, making them a popular choice for projects that require a low cost option.
Some of the major companies in the synthetic concrete fibers market are BASF, Sika, ABC Polymer, Propex, GCP Applied Technologies, Euclid Chemical, Nycon, BarChip, FORTA, Fabpro Polymers, Ha-Be, Contec Fiber, Belgian Fibers, Kasturi Metal Composite, Taian Tongban Fiber, TianYi, Zibo Longshun Chemical Fiber, Zibo Ruixing.
The synthetic concrete fibers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Synthetic Concrete Fibers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Synthetic Concrete Fibers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic Concrete Fibers Market - Supply Chain
4.5. Global Synthetic Concrete Fibers Market Forecast
4.5.1. Synthetic Concrete Fibers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic Concrete Fibers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic Concrete Fibers Market Absolute $ Opportunity
5. Global Synthetic Concrete Fibers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Synthetic Concrete Fibers Market Size and Volume Forecast by Type
5.3.1. Macro-Synthetic Fibers
5.3.2. Micro-Synthetic Fibers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic Concrete Fibers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Synthetic Concrete Fibers Market Size and Volume Forecast by Application
6.3.1. Bridge & Road
6.3.2. Residential Building
6.3.3. Commercial Building
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic Concrete Fibers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Synthetic Concrete Fibers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Synthetic Concrete Fibers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Synthetic Concrete Fibers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Synthetic Concrete Fibers Demand Share Forecast, 2019-2029
9. North America Synthetic Concrete Fibers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Synthetic Concrete Fibers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Synthetic Concrete Fibers Market Size and Volume Forecast by Application
9.4.1. Bridge & Road
9.4.2. Residential Building
9.4.3. Commercial Building
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic Concrete Fibers Market Size and Volume Forecast by Type
9.7.1. Macro-Synthetic Fibers
9.7.2. Micro-Synthetic Fibers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Synthetic Concrete Fibers Demand Share Forecast, 2019-2029
10. Latin America Synthetic Concrete Fibers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Synthetic Concrete Fibers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Synthetic Concrete Fibers Market Size and Volume Forecast by Application
10.4.1. Bridge & Road
10.4.2. Residential Building
10.4.3. Commercial Building
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic Concrete Fibers Market Size and Volume Forecast by Type
10.7.1. Macro-Synthetic Fibers
10.7.2. Micro-Synthetic Fibers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Synthetic Concrete Fibers Demand Share Forecast, 2019-2029
11. Europe Synthetic Concrete Fibers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Synthetic Concrete Fibers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Synthetic Concrete Fibers Market Size and Volume Forecast by Application
11.4.1. Bridge & Road
11.4.2. Residential Building
11.4.3. Commercial Building
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Synthetic Concrete Fibers Market Size and Volume Forecast by Type
11.7.1. Macro-Synthetic Fibers
11.7.2. Micro-Synthetic Fibers
11.8. Basis Pont Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Synthetic Concrete Fibers Demand Share, 2019-2029
12. Asia Pacific Synthetic Concrete Fibers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Synthetic Concrete Fibers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Synthetic Concrete Fibers Market Size and Volume Forecast by Application
12.4.1. Bridge & Road
12.4.2. Residential Building
12.4.3. Commercial Building
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic Concrete Fibers Market Size and Volume Forecast by Type
12.7.1. Macro-Synthetic Fibers
12.7.2. Micro-Synthetic Fibers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Synthetic Concrete Fibers Demand Share, 2019-2029
13. Middle East & Africa Synthetic Concrete Fibers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Synthetic Concrete Fibers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Synthetic Concrete Fibers Market Size and Volume Forecast by Application
13.4.1. Bridge & Road
13.4.2. Residential Building
13.4.3. Commercial Building
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic Concrete Fibers Market Size and Volume Forecast by Type
13.7.1. Macro-Synthetic Fibers
13.7.2. Micro-Synthetic Fibers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Synthetic Concrete Fibers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Synthetic Concrete Fibers Market: Market Share Analysis
14.2. Synthetic Concrete Fibers Distributors and Customers
14.3. Synthetic Concrete Fibers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sika
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABC Polymer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Propex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GCP Applied Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Euclid Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nycon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BarChip
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FORTA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fabpro Polymers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ha-Be
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Contec Fiber
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Belgian Fibers
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kasturi Metal Composite
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Taian Tongban Fiber
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. TianYi
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zibo Longshun Chemical Fiber
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Zibo Ruixing
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
