The industry that manufactures and sells Concrete Reinforcing Fiber used to reinforce concrete structures is referred to as the concrete reinforcing fibre market. These fibres, which are typically made of polypropylene, nylon, or glass, are added to concrete mixes to increase their strength and durability.The global concrete reinforcing fibre market has been steadily growing in recent years, owing to factors such as rising demand for high-performance building materials, increased use of fiber-reinforced concrete in construction projects, and growing awareness about the advantages of using reinforcing fibres over traditional steel reinforcement.
The market is divided into three sections: product type, application, and region. Macro-synthetic fibres, micro-synthetic fibres, and steel fibres are the most commonly used types of reinforcing fibres in concrete. These fibres’ applications include road and bridge construction, commercial and residential building construction, and infrastructure projects such as tunnels and dams.
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Key Takeaways from Sales of Concrete Reinforcing Fiber Market Study
- Global concrete reinforcing fiber market to reach valuation of US$ 6.41 billion by 2032.
- Market in North America projected to increase at CAGR of 8% over forecast period.
- Market in Europe accounts for 25.8% share of global market.
- Demand for synthetic fiber expected to rise at CAGR of 9.3% from 2022 to 2032.
Key Segments Covered in Concrete Reinforcing Fiber Industry Research
- Concrete Reinforcing Fiber Market by Type :
- Synthetic Fiber
- Steel Fiber
- Glass Fiber
- Natural Fiber
- Basalt Fiber
- Concrete Reinforcing Fiber Market by End-use Industry :
- Transport Infrastructure
- Building & Construction
- Mining & Tunneling
- Industrial Flooring
- Other End-use Industries
- Concrete Reinforcing Fiber Market by Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Competitive Landscape
The leading suppliers of concrete reinforcing fiber are still concentrating on creating competitively priced alternatives to reinforced fiber.
For illustration:
- The STRUX 90/40 macro synthetic fibers mobile app solution, which can be used in a variety of concrete applications, was released by GCP Applied Technologies Inc. in 2020 as Version 2.0.
Key players in the Basalt Fiber Reinforcing Concrete Market
- Nycon Corporation
- Owens Corning
- FORTA Corporation
- The Euclid Chemical Company
- BASF SE
- Bekaert
-
CEMEX
