The global Synthetic Concrete Fibers Market is expected to display higher growth rate in the upcoming years. Rapid surge in the market is credited to the soaring demand from the building & construction industry, iron & steel industry and petrochemical industry, and increasing application in insulation segment. Synthetic concrete fibers offers high thermal efficiency in comparison with its counterparts, thus are largely used in the high temperature applications. Rapid urbanization is considered as the key industry trend associated with synthetic concrete fibers market over the past few years.
High-end demand for synthetic concrete fibers in various end-user industries is attributed to superior properties of synthetic concrete fibers such as lightweight, compact size, high thermal conductivity, thermal shock resistance, resistance to chemical and adverse atmospheric conditions. These factors are expected to boost market demand for synthetic concrete fibers over the forecast period. Globally, synthetic concrete fiber market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of synthetic concrete fibers.
Full Research Report On Global Synthetic Concrete Fibers Market Analysis available at: https://www.millioninsights.com/industry-reports/synthetic-concrete-fibers-market
Fibers are typically needed for managing cracks due to contraction of plastic and evaporation of water in the hardening stage of concrete. Concrete fiber offer additional advantages such as high stability, massive physical durability, and high heat resistance. Synthetic concrete fibers are highly cost efficient in comparison with its counterparts.
The synthetic concrete fiber industry is broadly categorized into three major segments based on the product type such as synthetic fiber, steel fibers and glass fibers. Synthetic fiber segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of synthetic fiber segment is attributed to the availability of low cost solutions and increasing product penetration in the global market.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in building & construction industry, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.
Asia-Pacific region is estimated to hold a major share in the synthetic concrete fibers market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising awareness level among manufactures, easy availability of raw materials, rapid urbanization, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the synthetic concrete fibers market are The Euclid Chemical Co., Nycon Corp., Cemex Co., Bekaert S.A., Propex Operating Company, LLC, Fibercon International Inc., ABC Polymer Industries LLC, W.R. Grace & Co., SIKA AG, and BASF SE.
Request for Free Sample Copy at: https://www.millioninsights.com/industry-reports/synthetic-concrete-fibers-market/request-sample
Leading players of Synthetic Concrete Fibers including:
• Euclid Chemical
• Propex Global
• ABC Polymer
• Elasto Plastic Concrete
• Belgian Fibers
• Taian Tongban Fiber
• Zibo Longshun Chemical Fiber
• Zibo Ruixing
• Tianzhitu Technology
Market split by Type, can be divided into:
• Nylon Fibers
• Polyethylene Fibers
• Polypropylene Fibers
• High Modulus Fiber
Market split by Application, can be divided into:
• Industrial Flooring
• Bridge & Road
• Residential & Commercial Building
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/chemicals-and-materials
About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
For More Information: www.millioninsights.com
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar