Title: Concrete fiber market Share, Segmentation, Report 2025
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2Overview of Neopentyl Glycol Market
- Rapid industrialization in developing nations
owing to the rise in the migrating urban
population will fuel concrete fiber market share
over the forecast timeframe. Increasing amount of
disposable income at hand coupled with a dramatic
surge in the population has driven the need for
infrastructure expansion. - Nearly 3.5 billion of the population has been
dwelling in cities at present and the number is
estimated to increase to 5 billion by the year
2030. The developing world will witness an urban
expansion of about 95 in the forthcoming years
which will help influence business outlook for
construction sector. - The Asia Pacific region spends around 900
billion on infrastructure, which is significantly
lesser than the 1.7 trillion it will reportedly
need in order to match the economic growth and
the climate change in the region. Several
international institutions have invested to meet
the regional needs for infrastructure development.
3Continue
- For instance, ADB provides grants, technical
assistance and loans to developing countries in
Asia for supporting the building and maintenance
of infrastructure. The bank plans to scale up its
operation by 50 and invest over 20 billion, 70
of which will be attributed to infrastructure.
This will considerably stimulate the demand for
construction materials and foster concrete fiber
market size. - Elaborated below are some notable factors
expected to influence the consumption of concrete
fibers over the coming years - Growing use of synthetic concrete fibers
- The synthetic fiber segment will exhibit a
significant growth owing to high performing
properties of the material. Synthetic fiber
comprises of nylon and plastic fibers in order to
improve the strength of the concrete. With
several benefits compared to other fibers,
synthetic fiber improves the cement pump feature
by preventing it from sticking to pipes. - The material also helps in avoiding cracks in
cement and does not contract in cold or expand
when heated. The synthetic fibers keeps the
concrete intact even during major fires or
climate impacts that could affect the
infrastructure.
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- Synthetic fibers will increasingly be adopted in
areas that are prone to earthquake due to the
ductile nature of the materials. Nylon fiber has
an extensive use because of its high resilience,
durability and strength, representing a key
revenue segment for global concrete fiber
industry. - Increasing adoption by composite metal decks
- A vast array of applications pertaining to
flooring and roofing systems, metal decking can
be used for composite floor slabs in order to
make up for a robust infrastructure. Metal
decking is a long-lasting framework for the
concrete that eliminates the need for any prop
and provides flexibility to the slab. Steel bar
integrated with the metal decking prevents
cracking and keeps the deck from getting
degraded. - Composite metal decks segment in concrete fiber
market will accrue significant proceeds over the
analysis time period owing to an increasing level
of efficiency these products are known to
deliver.
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- The International Building Code 2015 (IBC-2015)
follows SDI C-2011 that allows the use of steel
fiber instead of welded wire fabric. The material
helps control shrinkage cracking and temperature
effects in all the applications related to
composite metal decking. The use of this steel
composite decks would reduce labor costs and
provide a safer job site, influencing the product
demand substantially. - Expanding population around the world
- Growing economy along with a fast rising
population has raised major burdens for the
development and maintenance of infrastructure,
particularly with roads and bridges. Heavy
allocations of funds by government authorities
will thrust the construction sectors across
emerging economies. - Developing nations with an urgent need to expand
their infrastructure for the growth of their
economies are involved in building roads and
bridges that would create a high demand for
concrete fiber market.
7Continue
- The government of India is expected to spend a
significant amount in the infrastructure sector,
majority of which will focus on urban transport
and highways. The national highway network in
India is expected to cover about 50,000
kilometers in the year 2019. The construction of
pavements around roads and highways in the
country is also gathering pace. - India is expected to invest nearly USD 777.73
billion in infrastructure by the year 2022 to
maintain sustainable development in the country,
tremendously bolstering concrete fiber industry
forecast. - BASF, Euclid Chemical, GCP Applied Technologies,
Sika Corporation, Bekaert SA and ArcelorMittal
are some of the players involved in the
production and distribution of innovative
construction materials and outline the
competitive dynamics of global concrete fiber
market.
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