Asia-Pacific is the Global Leader of the Concrete Fiber Market

Date: 2015-08-27

Concrete fibers are categorized into varied material types based on their functionalities, such as synthetic, steel, glass, natural, and basalt fibers. They possess inherent properties, such as high durability and stiffness, strong impact resistance, and provide concrete with mechanical, chemical, and thermal resistances. Synthetic fibers are advantageous in terms of toughness, and abrasion & chemical resistances as compared to other fibers. These fibers are readily available and can be easily converted into finished products, thereby meeting the necessary performance demands for varied applications, such as road industry, construction, industrial, and mining industries.

Asia-Pacific is the global leader of the concrete fiber market and this dominance is expected to continue till 2020. China is the key market in the region, accounting for more than half of the demand for concrete fibers, followed by India, Japan, and South Korea, where demand is growing steadily. Increase in the demand of concrete fibers, especially for synthetic fibers, steel fibers, and basalt fibers has been observed in Asia-Pacific due to continued industrialization and growth of the manufacturing sector of the region. The continuous growth and innovation, along with industry consolidations, are projected to contribute to the growth of the industry.

Synthetic fibers are one of the key material types of concrete fibers. Synthetic fibers are man-made materials that are precisely engineered for concrete. Basically, there are two different physical fiber forms namely monofilament fibers and fibers produced from fibrillated tape. On the basis of these attributes, the various types of synthetic fibers are segmented into polypropylene fibers, polyester fibers, nylons, PVA fibers, and carbon fibers. Synthetic fibers are widely used in various end-user industries, such as road industry, construction, industrial, and mining applications.

This study estimates the market size by value of concrete fibers during the forecast period (2015-2020). As a part of quantitative analysis, the study segments the market by material, and end-use industry at country level with the current market estimation and forecasts till 2020. The countries covered in the report are China, Japan, India, South Korea, Brazil, Middle East, Germany, the U.K., France, Italy, the Netherlands, Canada, Mexico, and U.S. The segmentation by material includes synthetic fibers, steel fibers, glass fibers, natural fibers, and basalt fibers. The segmentation by end-use industry includes road industry, construction, industrial, mining, and others. Further as a part of qualitative analysis, the research provides a comprehensive review of the key market drivers, restraints, opportunities, burning issues, challenges, and key issues in the market. It also includes the company profiling and competitive strategies adopted by different market players, including BASF SE (Germany), Sika AG (Switzerland), Propex Global (U.S.), Cemex (Mexico), Fibercon International Inc.(U.S.), The Euclid Chemical Company (U.S.), Bekaert SA (Belgium), Nycon (U.S.), and W.R. Grace and Company (U.S.).

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