Concrete fibers are the composite materials used in structures to increase the concrete integrity and reduce cracks. It is a fusion of cement, mortar uniformly dispersed suitable fibers. This new structural material is gaining high importance these days as the advancement in concrete technology supports the addition of discrete fibers in the concrete as it improves its properties and increases the life of constructed structure. These randomly oriented fibers in the concrete seize the cracks in the structure, thereby increasing ductility and strength of the concrete structure. However, fibers in concrete have limited effect on the impact resistance of concrete materials. Moreover, impact resistance of micro fibers is better as compared to long fibers. The major mechanical properties of concrete fibers include compressive strength, elasticity, flexibility, toughness, impact resistance, fatigue free, and high tensile strength. Concrete fibers are used in wide range of structures including pillars, foundations, beams, pavements and roads. Such wide range of employment effects its market worth and demand.
There are several types of concrete fibers among which all the major types are analyzed for this research study. These include glass fibers, steel fibers, polypropylene fibers, organic & mineral fibers, basalt fiber reinforced concrete and other synthetic fibers. Basalt fiber can be stated as an example for strengthening material for concrete reinforcement. The glass fibers are straight with diameter range of 0.005mm to 0.015mm; steel fibers can be straight, crimped, twisted or hooked with a diameter range of 0.25mm to 0.76mm; polypropylene fibers are sometimes plain, twisted, or fibrillated; organic fibers come with varied sized and are wool, asbestos, cotton, bamboo, or rockwool reinforced; synthetic fibers are of Kevlar, nylon and polyester materials with diameter range of m 0.02mm to 0.38mm. Under the product division of the concrete fibers, the two segments are fibrillated concrete fibers and monofilament concrete fibers. The report covered the market analysis of all these types of concrete fibers along with their applications analysis in various industries and key companies in the market across the globe.
The report analyzes all the major applications outlook of concrete fibers including building & construction and mining. Moreover, the building & construction which accounts for highest market share and market worth of concrete fibers is further segmented depending on the type of structures such as runway, aircraft parking, and pavements, roads, tunnel lining and slope stabilization, blast resistant structures, thin shell, walls, pipes, and manholes, and dams and hydraulic structures, among others.
The report highlights the market trends, growth opportunities, key revenue pockets, strategic developments, business forecast and dynamics of concrete fibers including major drivers, inhibitors, status and outlook for applications, and challenges in the market. The concrete fiber market is majorly driven by the increasing urbanization along with the high and continuous growth of construction industry. Moreover, the market growth is also attributed to the upward penetration of the end-user industries. The proper use of concrete fibers in the structure requires highly skilled labors with good technical knowledge. Lack of these factors is posing a great challenge to the concrete fiber industry. High cost prices related to its operations is limiting the concrete fiber market. Besides, the pricing analysis of various types of concrete fibers along with the product benchmarking has been given high importance in the report.
The global concrete fiber market analysis based on different regions such as North America, Europe, APAC, Latin America, and Middle East & Africa is also covered exhaustively in the report. Along with this, the report also focuses on major developing and developed countries like the U.S., Canada, Germany, the U.K., France, India, Brazil, China, and Japan among others. It basically covers the entire market size analysis. North America dominates the concrete fiber market share owing to the demand for steel fiber and synthetic fiber concrete. Asia-Pacific captures lions share in the global concrete fiber market and pockets huge share in global revenue along with forecasting significant growth rate in the market. This is majorly due to the high structural development and fastest growing building & construction industry.
The market entropy section of the report focuses on the competitiveness of the key vendors in the market across the value chain. The competitiveness is measure based on the business development strategies such as new product launches and developments, mergers & acquisitions, partnerships, collaborations and others. The market share analysis of the leading companies in the market is also covered in the report.
Some of the leading players profiled in the report are:
- BASF SE
- Sika AG
- Propex Global
- Bekaert SA
- W.R. Grace and Company.