Global Concrete Fiber Market By End use industry (Building & Construction, Transport Infrastructure, Mining & Tunnel), By Type (Synthetic Concrete Fiber, Steel Concrete Fiber, Glass Concrete Fiber), By Region (North America, South America, Asia Pacific, Middle East and Africa, Europe, Rest of World).

The Global Concrete Fiber Market was valued at USD 2.10 billion in 2016 and is projected to reach USD 4.19 billion by 2025, growing at a CAGR of 8.00% from 2017 to 2025.

Fibers are mainly used in concrete for controlling cracks due to shrinkage of plastic and evaporation of water in the hardening stage of concrete. A few properties are; Highly stable, physically durable and have high heat resistance. Fibers include short discrete fibers such as glass fibers, natural fibers, steel fibers, and synthetic fibers that have uniform distribution but random orientation in the mix.

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The major players in the market are as follows:
1. Owens Corning
2. The Euclid Chemical Company
3. Nycon Corporation
5. Fibercon International Inc
6. Cemex S.A.B. De C.V.
7. ABC Polymer Industries
8. Sika AG
9. Propex Operating Company, LLC
10. Bekaert SA

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research Methodology:
Research study on the Global Concrete Fiber Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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SOURCE satPRnews