Chemicals Industry Today

Asia Pacific Leads Global Concrete Fiber Market owing to Rapid Industrialization in Developing Economies

Concrete Fiber Market - Global Industry Analysis, Size, Share, Trends And Forecast 2015 - 2023
Published 18 September 2015

Concrete fiber can be best explained as a variety of discrete reinforcing fiber fostering structural integrity and impressive durability. The key role of concrete fiber is to prevent cracking caused by plastic or drying shrinkage. The material has short and long fibers uniformly distributed that help seal micro and macro cracks in concretes. Whilst long fibers bridge the macro cracks in concrete, short fibers are enough to bridge micro cracks on the same. Concrete structures are constantly exposed to physical, chemical, and environmental factors such as moisture and heat. Concrete fibers ensure high durability and stability through reduction of permeability and help protect the structure from damage caused by the aforementioned environmental factors. These fibers add toughness and tensile strength to the concrete and help enhance the structural design by improving its abrasion and shatter resistance. 

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Increasing Demand from Transportation, Mining, and Constructions Industries Boosts Global Concrete Fiber Market

Fibers with varying properties are used in concrete as per its applications. The diverse concrete fibers include macro-synthetic fibers, steel fibers, glass fibers, natural fibers, micro-synthetic fibers, concrete fiber blends, and cellulose fibers. These fibers have distinct properties and lengths and are used to reinforce cement-based materials. Since concrete fiber significantly improves rigidity and mechanical strength, it is increasingly being used in the transportation, construction, and mining industries. In the transportation industry, for instance, concrete fiber is extensively used for the construction of roads, bridges, pavements, and highways. Furthermore, it is also used in parking areas, runways, and other parts of airports. Concrete fiber is also used in the construction of dams, elevated decks, loading ramps, sea walls, and other such structures. 

Asia Pacific Leads Global Concrete Fiber Market

The global concrete fiber market has exhibited tremendous growth over the last couple of years. Among the key regional markets for concrete fiber – North America, Asia Pacific, Europe, and Rest of the World – Asia Pacific has held the dominant position in the global concrete fiber market since the last few years. China leads the concrete fiber market in the region. Rapid industrialization and infrastructural development has propelled the construction and architectural activities in the country, subsequently fuelling the demand for concrete fiber. Rise in construction activities due to an increase in population has aided China and other developing economies in Asia Pacific such as India, Japan, and South Korea to emerge as leading markets for concrete fiber across the globe. 

Emerging Economies to Register Maximum Demand for Concrete Fiber

Following Asia Pacific, North America boasts the second largest market for concrete fiber globally. Europe also accounts for a significant share of the global concrete fiber market. Whilst these regions are poised to register steady growth in the demand for concrete fibers, the Middle East and Africa (MEA) and Latin America will emerge as the most lucrative markets in forthcoming years. Favorable economic growth witnessed by the developing nations in these regions will fuel demand for concrete fiber. 

Despite registering staggering progress over the years, the concrete fiber market needs to address issues such as high operating costs and availability of substitute reinforcing materials to enjoy undisrupted growth over the next few years. 

Browse Full Global Concrete Fiber Market Report With Complete TOC @ http://www.transparencymarketresearch.com/concrete-fiber-market.html

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