Global concrete fiber market is anticipated to grow at a considerable CAGR of 9.4% during the forecast period (2024-2031).To improve the strength, durability, fatigue, and stress resistance of concrete, among other qualities, concrete fiber is utilized in tunnel and mining applications. It is utilized to redistribute the forces within the concrete structure of subways and tunnel linings. Concrete fiber is frequently used in mining operations to prevent cracks from forming in concrete structures, as a result of the growing demand for minerals and mining metals. Concrete fiber is also frequently utilized to lessen the occurrence of cracks in concrete products. Furthermore, as a result of fast industrialization, concrete fiber-based industries that increase the tensile strength of industrial structures have proliferated in both established and emerging nations. 

Furthermore, governments around the world are constantly emphasizing the creation of infrastructure that uses concrete fiber to improve tensile strength, distribute weight, and stop cracks. When taken as a whole, these variables should boost concrete fiber sales within the building and construction industries, supporting the market's expansion. Concrete fiber is also utilized in industrial constructions to improve load-bearing capacity, decrease air spaces, and increase tensile strength, among other properties. It prevents crack formation in beams, pliers, and foundations by spreading the load evenly.

In February 2022, TARMAC supplied a low-carbon basalt-fiber-reinforced concrete for a trial on a temporary haul road for construction vehicles, as part of National Highways' M42 Junction 6 improvement scheme. Tarmac, has provided two types of concrete for the trial, a mix comprising conventional blended cementitious material and a low-carbon alternative mix incorporating an alkali-activated cementitious material (AACM) in place of the cement.

In October 2021, Jogani Reinforcement launched a poly fiber 3S new-generation concrete and construction fiber for durable and crack-free infrastructure in India. 

In August 2021, Owens Corning launched a PINK Next Gen Fiberglass insulation. This product features advanced fiber technology, this superior insulation solution enables up to 23.0% faster installation compared to our existing products. The advanced fiber technology creates a tightly woven network of soft, fine fibers to form a super-resilient blanket of insulating micro-pockets. Leveraging several new technology innovations, the new product is safe for installers and residents and faster to install than competitive insulation products and spray foam insulation. As no hazardous chemicals are required to be mixed on the install site, there is less potential for human error, increasing peace of mind for installers and residents.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Product Type
By Application
By End-use

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- ABC Polymer Industries LLC, BASF SE, Owens Corning, Sika AG, GCP Applied Technologies Inc., and The Euclid Chemical Company, among others.

Concrete Fiber Market Report Segment

By Product Type

Steel Fiber
Synthetic Fiber
Polypropylene
Nylon
Polyester
Other
Glass Fiber
Natural Fibers
Basalt fibers

By Application

Pavement
Shotcrete
Precast
Slabs on Grade
Composite Metal Decks
Others

By End-use

Residential Infrastructure
Industrial & Commercial Infrastructure
Roads & Bridges
Others (Agriculture, Waterways)

A full Report of Concrete Fiber Market is Available @ https://www.omrglobal.com/industry-reports/concrete-fiber-market

Concrete Fiber Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

ABC Polymer Industries, LLC
CEMEX S.A.B. de C.V.
Fibercon International Inc.
Forta Concrete Fiber
GCP Applied Technologies Inc.
Nycon Corp.
V. Bekaert S.A.
Sika AG
The Euclid Chemical Co.
S. Concrete Products
UltraTech Cement Ltd.

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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