Concrete Fibers Market Analysis

Type (Natural Fiber, Synthetic Fiber, Steel Fiber, Glass Fiber)

The synthetic fiber segment is estimated to hold 33%  share of the global concrete fibers market in the coming years impelled by growing usage in floor applications. Since, deformed macro synthetic fiber can be strengthened with concrete to achieve improved stiffness, ductility, impact resistance, and minimal cracking risk. In addition, the main trends in the market are the use of synthetic fibers reinforced with concrete to be used for floor applications. Additionally, exterior ground-supported pavement slabs can be built using synthetic fiber-reinforced concrete. These factors are expected to escalate the market growth.

Application (Construction, Transportation, Infrastructure, Mining)

The infrastructure segment in the concrete fibers market is set to garner a notable share shortly owing to growing highway construction in developing countries such as China, and India. In these countries, concrete fiber is used for the prevention of crack formation and to improve the load-bearing capacity of highways is also expected to boost the market. It is estimated that by 2025, the highway construction sector in India will rise by over 130%.

Our in-depth analysis of the global market includes the following segments: