Reports and Insights has published a new report titled, “Concrete Fibers Market: Future Opportunities and Trend Analysis 2022-2030”
Global Concrete Fibers Market, By Type (Synthetic Concrete Fiber [Nylon, Polyester, Polypropylene, and Others], Steel Concrete Fiber, Glass Concrete Fiber, Natural Concrete Fiber, and Basalt Concrete Fiber), By Application (Pavement, Shotcrete, Precast, Slabs, and Others), By End User (Transport Infrastructure [Roadways, Highways, Bridges, Railways, Ports & Airports, and Others], Building & Construction [Residential and Non-residential], Mining & Tunnel [Shafts and Tunnel lining, Slope Stabilization, Underground Mining, and Others], Industrial Flooring, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2028.
In 2021, global concrete fibers market was valued at US$ 2,015.6 Mn and expected to grow significantly at a CAGR of 8.9% over the forecast period
Concrete is an essential component of any construction project, either it is building roads, a ground floor in the residential house, or a power plant. This is due to the fact that concrete is extremely durable, but it can be compliant to cracks and ruptures as subsoil frosts and fluxes, if it moves, or if tree roots press upward on the concrete. This can be a vital issue for construction projects, as cracks and fractures give rise to expensive repairs and could trigger catastrophe. Reinforced concrete comes into the picture as the great solution to this problem.
Concrete is reinforced when it has appropriate fibers in the blend to strengthen its ductility and toughness. Unlike non-reinforced concrete that is likely to break up when it cracks and fractures, reinforced fiber concrete will hold its structural integrity, as it is fastened together by these fibers when a split forms. The fiber reinforced concrete holds a major role when high tensile strength and decreased corking is required.
Higher penetration in various end-user industries
Concrete is employed far and wide in structural and civil engineering with its high compression resilience and strength, copious amount of raw materials as well as lesser cost. Having said that, the ‘basic’ concrete is susceptible to shrinkage and cracking, lesser toughness, low flexural strength, low tensile strength, low impact resistance and high friability. To conquer these issues, supplementary materials are added to the mix to enhance the overall functioning and performance of concrete.
Concrete fiber can be basically perceived as a composite material comprising a blend of concrete or mortar and discrete, cement and sporadic, uniformly spread-out suitable fibers. Fibers which are generally employed to strengthen concrete comprise steel fibers, synthetic fibers, glass fibers, basalt fibers among others. As a matter of fact, Steel fibers henpecked, with more than 45% of the whole market in the year 2014. Moreover, Synthetic fiber is another leading product, projected to reflect strong growth over the forecast period.
Having said that, the entire concrete fiber market is still minor and insignificant with respect to the market for other composite materials. Nevertheless, the market is estimated to observe robust growth in the coming five to ten years. The demand for concrete fiber or fiber reinforced concrete is anticipated to be propelled by the current as well as developing applications, as well as in the innovative industrialized practices.
Furthermore, the lesser weight of concrete fiber is much appropriate for manufacturing various elements in the building & construction, transport infrastructure, and tunnel and mining end-use industries. In such a way, the concrete fiber is projected to witness various applications in the myriad of end-use industries, thereby anticipating robust market growth in the following years.
Usage of natural fibers in concrete
By and large both emerging and established countries, there has been a technological dispute in the domain of the design of low cost and durable fiber reinforced cement concrete. The kind of fiber at present being employed comprise steel carbon polymer glass and natural fibers. Cost efficient ideas and considerations have distinct usage of carbon fibers in cement-based composites on a term of the market for their non-ecological performance. Natural fibers have the capability to be employed as reinforcement to skeptical the inbred deficiencies in cement-based materials. The range of natural fiber can be an efficient material to reinforce concrete potency which will not only probe a way to enhance the attributes of concrete. It will also scrutinize and inspect the usage of jute and limit the employment of polymer which is environmentally damaging. Moreover, application of jute fiber in concrete and mortar is a fresh trend and Soroushian and Marikunte (1992) expressed those various kinds of fibers have been examined as part of concrete making materials: synthetic fibers, natural fibers, and Ferro Cementitious fibers. Eccentricities in employing natural fiber reinforced concrete might be its economic advantages owing to the ease of manufacturing with minimal energy, being ecologically sound, higher strength-to-weight ratio and enable insulation attributes higher than current materials. Attributing to such factors, the concrete fiber market is projected to rise higher over the years
Reports and Insights Study identifies some of the key participating players in the concrete fiber market NV Bekaert SA, BASF SE, Sika AG, ABC Polymer Industries, LLC, Cemex SAB de CV ADR, Fibercon International Inc., Nycon Corp., The Euclid Chemical Company, Owens Corning, GCP Applied Technologies Inc., and Teijin Aramid B.V.