Concrete Reinforcing Fiber Market Growth, Size, Share, Industry Report and Forecast 2020-2026
The global concrete reinforcing fiber market is estimated to grow at a CAGR of 4.8% during the forecast period. Some pivotal factors accelerating the market growth include the rising industrialization and growing infrastructure projects across the globe. As per the White House, in the 2020 budget, the US President has recommended to pass legislation that generates minimum $1 trillion in infrastructure investment. Along with a long-term surface transportation reauthorization, the US Administration is focused on offering additional investments in infrastructure for various sectors, including water infrastructure. The US Administration is focusing on working with the Congress for the development of a package that will substantially improve the US infrastructure, and the Budget comprises $200 billion towards this effort. With this amount, $10 billion is distributed for setting up a Federal Capital Revolving Fund to encourage more economical Federal investment in buildings and other property.
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These investments will drive the adoption of concrete reinforcing fiber
which is increasingly gaining interest among the concrete community as it
supports to decrease labor costs and construction time. Owing to these
benefits, several structural elements are reinforced with steel fibers as total
or partial substitution of conventional reinforcement (welded or rebars mesh).
Fiber reinforced concrete can be utilized in a range of applications such as
highways, roadways, and bridges, ports and airports, residential, commercial,
and more. It is well suited for concrete applications that needs protection
from drying shrinkage and plastic, reduced construction costs, improved
durability, and enhanced service life. The fibers use in concrete can minimize
the consumption of total energy of a construction project and thereby supports
green building practices.
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·
Steel
Fiber
·
Synthetic
Fiber
·
Natural
Fiber
·
Glass
Fiber
·
Others
By
Application
·
Infrastructure
·
Residential
and Commercial
·
Industrial
Regional
Analysis
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
Rest oF APAC
Rest of The World
Company Profiles
·
ABC
Polymer Industries, LLC
·
ArcelorMittal
S.A.
·
Baines
Masonry Pty Ltd.
·
BarChip
Pty Ltd.
·
BASF
SE
·
CEMEX
S.A.B. de C.V.
·
Fibercon
International Inc.
·
Forta
Corp.
·
GCP
Applied Technologies, Inc.
·
Hunan
Sunshine Steel Fibres Co.,Ltd.
·
N.V.
Bekaert S.A.
·
Nycon
Corp.
·
Owens
Corning, Inc.
·
Propex
Operating Company, LLC
·
Sika
AG
·
Technobasalt-Invest,
LLC
·
The
Euclid Chemical Co.
·
UltraTech
Cement, Ltd.
·
W. R.
Grace and Co.
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