Global Steel Fiber Market Size By Type, By Manufacturing Process, By Application, By Geographic Scope And Forecast
Steel Fiber Market Size And Forecast
Steel Fiber Market was valued at USD 1.89 Billion in 2018 and is projected to reach USD 2.68 Billion by 2026, growing at a CAGR of 4.5% from 2019 to 2026.
Global Steel Fiber Market Overview
Steel fibers are mixed with concrete to control cracks, to provide alternative for conventional steel bars. Advantages provided by steel fibers over other, developing infrastructure and initiatives taken by government for construction project have been driving growth of Steel Fiber Market. Also, steel fiber also exhibits better matrix anchorage at high deformation.it is also used to transforms a brittle material into ductile material. Various factors that are fueling Steel Fiber Market are increasing modern construction coupled with advancement in construction material. In addition, steel fibers provide advantages such as crack resistance, durability, tensile strength, corrosion resistance and high shear strength that are boosting Steel Fiber Market. Furthermore, developing infrastructure in emerging economies and government investments in construction projects are propelling the market growth.
Global Steel Fiber Market: Segmentation Analysis
The Global Steel Fiber Market is segmented based on Type,Manufacturing Process,Application, and Geography.
Key Players In Steel Fiber Market
The Global Steel Fiber Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
- Nippon Seisen Co., Ltd.
- Green Steel Group
- Ugitech S.A.
- IntraMicron, Inc.
- Ribbon Technology Corporation
- HuNan HuiTong Advanced Materials CO., LTD
- R. STAT SAS
- Fibercon International Inc
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