European Concrete Fiber Market Trends, Competitive Analysis, Growth Opportunity Report 2022-2027 Featuring Bekaert, ArcelorMittal, Sika, Master Builder Solutions, KrampeHarex, GCP Applied Technologies

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Mar 06, 2023, 12:15 ET

DUBLIN, March 6, 2023 /PRNewswire/ -- The "European Concrete Fiber Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The European concrete fiber market is expected to register a healthy CAGR of 4.2% over the next five years to reach a value of US$ 684.1 million in 2027.

The European concrete fiber market witnessed a moderate decline, in both value and volume in 2020, as construction activities slowed as a result of the pandemic. However, the market experienced phenomenal growth in 2021 (23.1% YoY), owing to the combined effects of recovery in construction activities and an abrupt increase in raw material prices.

Market Segments' Analysis

Based on the fiber type, the market is bifurcated into steel fiber, synthetic fiber, glass fiber, and others. Steel fiber is estimated to remain the dominant fiber type in the foreseen future, owing to its high durability, e-modulus, and tensile strength. Steel fiber-reinforced concrete offers higher ductility and post-cracking strength, resistance to fatigue, spalling, and wear & tear compared to conventional reinforced concrete.

Synthetic fiber is likely to experience the highest growth during the forecast period. It enhances impact, abrasion and shear resistance of concrete; reduces bleeding and plastic settlement; increases durability and flexural strength. Polypropylene is the predominantly used synthetic fiber type in the market.

Based on the application type, the market is segmented as transport infrastructure, building & construction, mining & tunnel, industrial flooring, and others. Mining & Tunnel is expected to remain the largest application type during the forecast period. The use of fibers in this application improves the tunnelling structure's ductility, durability, stability, and safety.

Furthermore, they not only provide excellent fire protection but also increase the mechanical capacity of the lining. Steel is the dominantly used fiber type in mining & tunnel applications. Building & Construction is likely to experience the fastest growth over the forecast period. The segment includes all the residential and non-residential buildings and structures.

Based on the synthetic fiber type, the market is segmented into macrofiber and microfiber. Between these synthetic fiber types, macrofiber is expected to remain the larger and the faster-growing segment during the forecast period. Macrofibers are used where an increase in post-cracking flexural strength is required.

Some of the most significant advantages of macrofibers are their resistance to corrosion and greater concrete ductility. Synthetic macrofibers are more commonly used than synthetic microfibers because they are cheaper, easier to mix, and used in many concrete applications.

Germany unassailably dominated the market in 2021 and is likely to experience the fastest growth during the forecast period. Both steel and synthetic are the majorly used fiber types in Germany. Key players based in Germany are Master Builders Solutions, and KrampeHarex GmbH & Co. KG. France is likely to remain the second-dominant country in the market till 2027.

Key Players

The supply chain of this market comprises several nodes including raw material suppliers, concrete fiber manufacturers, and concrete element suppliers/contractors, and end users.

The following are some of the key players in the European concrete fiber market:

N.V. Bekaert S.A
ArcelorMittal
Sika AG
Master Builder Solutions
KrampeHarex GmbH & Co KG
GCP Applied Technologies Inc

1. Executive Summary

2. European Concrete Fiber Market Environment Analysis
2.1. Supply Chain Analysis
2.2. PEST Analysis
2.3. Industry Life Cycle Analysis
2.4. Emerging Trends
2.5. Market Drivers

3. European Concrete Fiber Market - The COVID-19 Impact Assessment
3.1. Penetration of Europe in the Global Concrete Fiber Market
3.2. European Concrete Fiber Market Trend and Forecast (US$ Million & Kilotons)
3.3. Market Scenario Analysis: Pessimistic, Most Likely, and Optimistic Scenarios
3.4. Pre-COVID vs Post-COVID Assessment
3.5. Real GDP Loss vs European Concrete Fiber Loss/Gain

4. European Concrete Fiber Market Assessment (2016-2027)
4.1. Segment Analysis for the Year 2021
4.2. Fiber-Type Analysis: Trend and Forecast (US$ Million & Kilotons)
4.2.1. Synthetic Fiber: Trend and Forecast (US$ Million & Kilotons)
4.2.1.1. Macrofiber: Trend and Forecast (US$ Million & Kilotons)
4.2.1.2. Microfiber: Trend and Forecast (US$ Million & Kilotons)
4.2.2. Steel Fiber: Trend and Forecast (US$ Million & Kilotons)
4.2.3. Glass Fiber: Trend and Forecast (US$ Million & Kilotons)
4.2.4. Others: Trend and Forecast (US$ Million & Kilotons)
4.3. Application-Type Analysis: Trend and Forecast (US$ Million & Kilotons)
4.3.1. Transport Infrastructure: Trend and Forecast (US$ Million & Kilotons)
4.3.2. Building & Construction: Trend and Forecast (US$ Million & Kilotons)
4.3.3. Mining & Tunnel: Trend and Forecast (US$ Million & Kilotons)
4.3.4. Industrial Flooring: Trend and Forecast (US$ Million & Kilotons)
4.3.5. Others: Trend and Forecast (US$ Million & Kilotons)
4.4. Building & Construction Concrete Synthetic Fiber Market: Trend and Forecast (US$ Million & Kilotons)
4.4.1. Country Analysis: Trend and Forecast (US$ Million & Kilotons)
4.5. Country Analysis: Trend and Forecast (US$ Million & Kilotons)
4.5.1. Germany: Trend and Forecast (US$ Million & Kilotons)
4.5.2. France: Trend and Forecast (US$ Million & Kilotons)
4.5.3. The UK: Trend and Forecast (US$ Million & Kilotons)
4.5.4. Russia: Trend and Forecast (US$ Million & Kilotons)
4.5.5. Turkey: Trend and Forecast (US$ Million & Kilotons)
4.5.6. RoE: Trend and Forecast (US$ Million & Kilotons)

5. Competitive Analysis
5.1. Market Consolidation Level
5.2. Competitive Landscape
5.3. Market Share Analysis
5.4. Key Information about the Leading Players
5.5. Product Portfolio Mapping
5.6. Mergers and Acquisitions
5.7. Porter's Five Forces Analysis

6. Strategic Growth Opportunities
6.1. Market Attractiveness Analysis
6.1.1. Market Attractiveness by Fiber Type
6.1.2. Market Attractiveness by Synthetic Fiber Type
6.1.3. Market Attractiveness by Application Type
6.1.4. Market Attractiveness by Country
6.2. Emerging Trends
6.3. Key Strategic Implications
6.4. Key Success Factors (KSFs)

7. Company Profile of Key Players (Alphabetically Arranged)

For more information about this report visit https://www.researchandmarkets.com/r/3v4ihs

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