The global synthetic concrete fibers market is anticipated to grow at a CAGR of 5.0% during the forecast period. The growth of the synthetic concrete fibers market is attributed to the increasing demand for durable construction materials. Synthetic concrete fibres are used in many different construction projects as they make the concrete stronger and more durable. It possesses several benefits, such as making the concrete more resistant to cracking and impacts, and they are easy to use. Engineers and contractors prefer synthetic concrete fibers because they are reliable and make the concrete more resilient. The rising demand has led to increased market opportunities and profitability for key players in the synthetic concrete fibers industry. 

Manufacturers including Owens Corning, BASF SE, Sika AG, Jogani Reinforcement, and GCP Applied Technologies, among others are considerably contributing to market growth by adopting various strategies such as mergers and acquisitions, partnerships, collaborations, funding, and new product launches to stay competitive. They focus on developing innovative and technologically advanced synthetic concrete solutions to meet the evolving customer demands and capitalize on the growing market opportunities. For instance, in October 2021, Jogani Reinforcement has launched Polyfiber 3S, a new generation concrete and construction fiber in India. This microscopic fiber adds tensile reinforcement, offering better ductility of the mortar or concrete, making infrastructure more durable and crack-free. 

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Market Coverage

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

Segment Covered- 

By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Includes BASF SE, FORTA Corp., GCP Applied Technologies Inc., Owens Corning, and Sika AG, among others.

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Synthetic Concrete Fibers Market Report Segment

By Type

Nylon Fibers
Polyethylene Fibers
Polypropylene Fibers
High Modulus Fiber
Steel Fibers
Glass Fibers

By Application

Industrial Flooring
Bridge & Road
Residential & Commercial Building
Tunnel Construction
Mining
Others (Pervious Pavement, Seawalls & Coastal Protection) 

Synthetic Concrete Fibers 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

Allied Concrete
ArcelorMittal
CEMEX
CRH plc
Groupe Solmax Inc.
ISW Corporation Inc.
Lanco 
NV Bekaert SA
NYCON Corp.
Pensmore Reinforcement Technologies, LLC
Polymer Industries, LLC
Recykal 
RPM INTERNATIONAL INC.
TUF-STRAND SF
R. Grace & Co.
Xorex Steel Fiber

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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