Zion Research has published a new report titled “Concrete Fiber Physical Contact(PC) Market (Synthetic Fiber, Glass Fiber, Steel Fiber, Basalt Fiber and Others) Market for Construction, Road Industry, Industrial, Mining and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020” According to the report, the concrete fiber market was valued at USD 1.87 billion in 2014 and is expected to generate revenue of USD 2.84 billion by end of 2020, growing at a CAGR of 7.2% between 2015 and 2020. In terms of volume, the global concrete fiber market stood at 300 kilo tons in 2014.
Concrete fiber can be defined as composite material consisting of mixtures of cement, concrete or mortar and discrete, discontinuous, evenly dispersed suitable fiber. Fiber is a reinforcing material that gives structural integrity to the concrete. In concrete structure, the fibers are mixed or placed in such a way that construction base become stable and stiff. Concrete fiber is extensively used in exterior and interior parts of commercial, residential, and industrial construction and building. It is widely deployed in highways, roads, bridges, and pavements in the transportation industry.Browse the full report at