Quick Summary:
As the world moves towards more robust and durable construction solutions, the global Concrete Fiber market is experiencing significant growth, becoming an essential go-to for industry leaders. With an estimated worth of US$2.5 billion in 2022 and a projected rise to US$4.3 billion by 2030, this comprehensive market research report is the key to unlocking valuable insights that drive strategic decision-making.
Within this dynamic market, the Steel Fiber segment stands out with a projected 6.9% CAGR, promising an end worth around US$2 billion. Additionally, the report provides an in-depth look at the lucrative and fast-growing markets of the U.S. and China — each noteworthy for their considerable contributions to the global industry's growth trajectory. The competitive landscape analysis, coupled with market presence, bespoke updates, and digital research platform access, underlines this report as a crucial instrument for every strategic toolkit.
Global Concrete Fiber Market to Reach $4.3 Billion by 2030
The global market for Concrete Fiber estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Steel Fiber, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Glass Fiber segment is readjusted to a revised 6.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $674.4 Million, While China is Forecast to Grow at 10.4% CAGR
The Concrete Fiber market in the U.S. is estimated at US$674.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 10.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.Select Competitors (Total 46 Featured) -
- ABC Polymer Industries, LLC
- BASF SE
- Cemex S.A.B. de C.V.
- Fibercon International Inc.
- FORTA Corporation
- GCP Applied Technologies, Inc.
- Helix Steel
- NV Bekaert SA
- Nycon Corporation
- Owens Corning
- Propex Operating Company, LLC
- Reliance Industries Limited
- Sika AG
- The Euclid Chemical Company
- UltraTech Cement Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Concrete Fiber?
What is the growth rate of the Global Market for Concrete Fiber?
What is the forecasted size of the Global Market for Concrete Fiber?
Who are the key companies in the Global Market for Concrete Fiber?
| Report Attribute | Details |
|---|---|
| No. of Pages | 196 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.5 Billion |
| Forecasted Market Value ( USD | $ 4.3 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABC Polymer Industries, LLC
- BASF SE
- Cemex S.A.B. de C.V.
- Fibercon International Inc.
- FORTA Corporation
- GCP Applied Technologies, Inc.
- Helix Steel
- NV Bekaert SA
- Nycon Corporation
- Owens Corning
- Propex Operating Company, LLC
- Reliance Industries Limited
- Sika AG
- The Euclid Chemical Company
- UltraTech Cement Ltd.
