Fiber Reinforced Concrete Market, By Type, By Application, By Geography

Description

The Global Fiber Reinforced Concrete Market is estimated to be valued at USD 2.67 Bn in 2024 and is expected to reach USD 4.23 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 2.67 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	6.80%	2031 Value Projection:	US$ 4.23 Bn

Figure. Fiber Reinforced Concrete Market Share (%), By Region, 2024

Fiber reinforced concrete (FRC) is a composite material consisting of cement concrete reinforced with fibers. The fibers include steel fiber concrete, glass fiber concrete, natural fiber concrete, and polymer fiber concrete. The fibers are added to the concrete mix to increase its structural integrity. The most common types of fibers added include steel fibers, glass fibers, synthetic fibers and natural fibers. The fiber helps control cracks in the concrete caused by plastic shrinkage and settlement. They enable concrete to carry higher loads than ordinary concrete, while also imparting increased tensile strength, crack and impact resistance to the concrete composite.

Market Dynamics:

The global fiber reinforced concrete market growth is driven by increasing construction activities around the world. Fiber reinforced concrete finds wide usage in highways, bridges and buildings due to its high tensile strength and crack resistance properties. Growing infrastructure projects in developing nations is also accelerating the adoption of FRC. However, the market growth can be restrained by the higher cost of fiber reinforced concrete compared to traditional concrete. Ongoing research and development in fiber innovations is expected to create new opportunities. Development of cost-effective fibers such as carbon and plastic fibers would help push the market revenues.

Key Features of the Study:

This report provides an in-depth analysis of the global fiber reinforced concrete market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global fiber reinforced concrete market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include BASF SE, Bekaert, CEMEX S.A.B. de C.V., Sika AG, ABC Polymer Industries, LLC, Nycon Corporation, Ultratech Concrete, Owens Corning, FORTA Corporation, The Euclid Chemical Company, Bajaj Reinforcements LLP, CHRYSO Group, Breedon Group plc, Twintec Group Limited, and JCF.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global fiber reinforced concrete market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fiber reinforced concrete market.

Detailed Segmentation-

By Type:
- Natural Fiber
- Synthetic Fiber
- Glass Fiber
- Steel Fiber
- Other Types
By Application:
- Infrastructure
- Building & Construction
- Industrial
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- BASF SE
- Bekaert
- CEMEX S.A.B. de C.V.
- Sika AG
- ABC Polymer Industries, LLC
- Nycon Corporation
- Ultratech Concrete
- Owens Corning
- FORTA Corporation
- The Euclid Chemical Company
- Bajaj Reinforcements LLP
- CHRYSO Group
- Breedon Group plc
- Twintec Group Limited
- JCF

Product Code: CMI5052

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions

4. Global Fiber Reinforced Concrete Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Fiber Reinforced Concrete Market
Impact Analysis

5. Global Fiber Reinforced Concrete Market, By Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Natural Fiber
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Synthetic Fiber
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Glass Fiber
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Steel Fiber
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Other Types
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Fiber Reinforced Concrete Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Infrastructure
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Building & Construction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Industrial
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Fiber Reinforced Concrete Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
North America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
  - Latin America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Europe
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
  - Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
  - Middle East & Africa
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Elkem ASA
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- BASF SE
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Bekaert
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- CEMEX S.A.B. de C.V.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sika AG
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- ABC Polymer Industries, LLC
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Nycon Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Ultratech Concrete
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Owens Corning
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- FORTA Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- The Euclid Chemical Company
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Bajaj Reinforcements LLP
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- CHRYSO Group
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Breedon Group plc
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Twintec Group Limited
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- JCF
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates

9. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
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