Growing impetus to enhance the infrastructure development worldwide and other major driving factors is expected to favor the rise in the Global Concrete Fibers Market
Reports and Insights has published a new report titled,“Concrete Fibers Market: Future Opportunities and Trend Analysis 2022-2028”
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.