The global demand for Steel Fiber Market is presumed to reach the valuation of nearlyUSD XX MN by 2027 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2020-2027.
Steel fiber is a metal reinforcement, commonly used for reinforcing concrete. It is defined as short, discrete lengths of steel fibers with an aspect ratio from about 20 to 100, with different cross-sections. These are sufficiently small that gets randomly dispersed in an unhardened concrete mixture using the usual mixing procedures.
The rising construction of modern infrastructure coupled with growing advancement in construction materials is driving market growth. Superior properties of steel fibers such as superior tensile strength, crack resistance, durability, corrosion resistance, and high shear strength are again boosting the market growth. However, the availability of substitute such as synthetic fiber is likely to hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of steel fiber.
The entire steel fiber market has been sub-categorized into type, application, and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Concrete Reinforcement
- Composite Reinforcement
- Buildings & Construction
- Mining And Tunneling
- Flooring And Pavement
This section covers regional segmentation which accentuates on current and future demand for steel fiber market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Steel Fiber Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the steel fiber market include Buffalo Steel Fiber Inc., China Minmetals Corporation, Federal Carbide Company, Global Steel Fiber & Powders Corporation, Japan New Metals Co., Ltd., Saloro, Steel Fiber Mining NL, Tejing Steel Fiber, Wolfram Bergbau-Und Hutten AG and Xiamen Steel Fiber Co., Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.