The Growth Trajectory of Concrete Fiber Market: Trends, Factors, and Forecasts
Wednesday, 10 July 2024, 10:30
Growth in Concrete Fiber Market
The market size of concrete fibers is projected to reach $5,518 million by 2034, growing at a strong 9.7% CAGR.
Enhancing Durability and Strength
Concrete fibers are in demand due to their capability to enhance the durability and strength of concrete structures, boosting their adoption.
- Steel concrete fibers are witnessing increased demand from the manufacturing sector, driving market growth significantly.
- Glass concrete fibers are becoming popular due to their affordability and high tensile strength, attracting more users.
The upward trend in commercial constructions is increasing the adoption of concrete fibers in industrial and commercial infrastructure.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.