The global demand for Synthetic Concrete Fibers Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Synthetic concrete fibre is used in concrete/ mortar. It is a high-performance concrete fibre that can effectively control micro-cracks in concrete plastic shrinkage caused by shrinkage, temperature changes, and other factors, preventing and suppressing the formation and development of cracks in the concrete native and thus extending the service life of the concrete.
Market Dynamics
Under the forecast period, the synthetic concrete fibre market is expected to increase due to the increasing demand from the end-user industries. The growth is also expected to increase due to growing urbanization in developing and underdeveloped countries. Moreover, the high demand for materials that are non-corrosive is also contributing to the growth of the synthetic concrete fibre market during the study period. However, the high operating costs are a huge restraint for the growth and expansion of the synthetic concrete fibre market.
The research 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 an inclusive assessment of each segment in the global market of synthetic concrete fibers. The growth and trends of synthetic concrete fibers industry provide a holistic approach to this study.
Market Segmentation
This section of the synthetic concrete fibers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Macro-Synthetic Fibers
- Micro-Synthetic Fibers
By Application
- Bridge And Road
- Residential Building
- Commercial Building
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Synthetic Concrete Fibers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Synthetic Concrete Fibers 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 synthetic concrete fibers market include Kuraray, BASF, Sika, ABC Polymer, Propex, GCP Applied Technologies, Euclid Chemical, Nycon, BarChip, FORTA, Fabpro Polymers, Ha-Be, Contec Fiber, Belgian Fibers, Kasturi Metal Composite, Taian Tongban Fiber, TianYi, Zibo Longshun Chemical Fiber, Zibo Ruixing. This section consists of 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.
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