PUNE, India, August 21, 2015 /PRNewswire/ --
The report "Concrete Fiber Market by Material (Synthetic Fiber, Steel Fiber, Glass Fiber, Natural Fiber, Basalt Fiber), End-Use Industry(Road Industry, Construction, Industrial, Mining, Others), & Region - Global Trends & Forecasts to 2020", published by MarketsandMarkets, The Concrete Fibers: is expected to reach USD 2.84 Billion by 2020, at a CAGR of 7.26% between 2015 and 2020.
Browse 109 Tables and 61 Figures spread through 181 Pages and in-depth TOC on "Concrete Fiber Market"
Early buyers will receive 10% customization on this report.
The market report defines and segments the Concrete Fiber Market with analysis and forecast of the market size.
Download Free Sample Pages: http://www.marketsandmarkets.com/pdfdownload.asp?id=122792577
Asia-Pacific - The most dominant region in the concrete fibers market
The concrete fibers market in Asia-Pacific is one of the fastest-growing markets and is projected to continue domination the near future. Asia-Pacific is also the biggest market for concrete fibers, and accounted for a share of more than 43.40% of the total market share in terms of volume in 2014, which was mainly contributed by China. India is the fastest-growing concrete fiber market in the region owing to growing population, vast economies-developed as well as developing, favorable investment policies, and government initiatives to promote industrial growth.
Synthetic fibers - The largest-type segment in the concrete fiber market
Synthetic fibers make the largest material-segment of concrete fibers. Asia-Pacific is currently the largest market of synthetic fibers, and accounted for a share of 47.87% of the total market size in 2014. Synthetic fibers allow OEMs (Original Equipment Manufacturers) to customize light-weight and high-temperature resisting fiber materials for various end-use industries, such as road, construction, industrial, and mining.
Mining end-user industry - The fastest-growing market for concrete fibers
The mining segment is one of the fastest-growing end-use industries of concrete fibers and the trend is expected to continue in the near future. Asia-Pacific is the biggest market for mining industry, and accounted for a share of more than 9.77% of the total market size in 2014.
The U.S. and China are at the forefront of concrete fibers demand while Germany, France, India, Japan, and U.K. are the other key markets. China is the key market in Asia-Pacific, accounting for more than half of the demand for the concrete fibers, followed by India, Japan, and South Korea, where demand is growing at a steady rate. Increase in the demand of and for synthetic fibers, steel fibers, and basalt fibers have been observed in Asia-Pacific due to continued industrialization and growth of the manufacturing sector of the region. The mining segment is projected to be the fastest-growing end-user industry followed by industrial-segment between 2015 and 2020. The concrete fibers market is expected to witness slow growth due to the stagnant market of Europe.
Browse Related Reports:
Concrete Admixtures Market by Type (Super Plasticizers, Normal Plasticizers, Accelerating Agents, Retarding Agents, Air-Entraining Agents, Waterproofing Admixtures, Others) - Global Trends & Forecast to 2019
Concrete Superplasticizer Market by Types (SNF, PC, SMF & MLS), Application (Ready-Mix, Precast, Self-Compacting, High Performance, Shotcrete & Others), Forms (Liquid & Powder) & Geography - Regional Trends & Forecast to 2018
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets