Brazil Concrete Reinforcing Fiber Market Size & Outlook
Brazil concrete reinforcing fiber market, 2018-2030 (US$M)
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Brazil concrete reinforcing fiber market highlights
- The Brazil concrete reinforcing fiber market generated a revenue of USD 26.6 million in 2021 and is expected to reach USD 33.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.5% from 2022 to 2030.
- In terms of segment, steel was the largest revenue generating product in 2021.
- Basalt is the most lucrative product segment registering the fastest growth during the forecast period.
Concrete reinforcing fiber market data book summary
| Market revenue in 2021 | USD 26.6 million |
| Market revenue in 2030 | USD 33.1 million |
| Growth rate | 2.5% (CAGR from 2021 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Basalt |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polypropylene, Steel, Basalt |
| Key market players worldwide | Basf SE, NV Bekaert SA, Cemex SAB de CV ADR, Sika AG, UltraTech Cement Ltd DR, Owens-Corning Inc, ABC Polymer Industries, LLC, Nycon, FORTA Concrete Fiber, RPM International Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.2% of the global concrete reinforcing fiber market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil concrete reinforcing fiber market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 33.1 million by 2030.
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Concrete Reinforcing Fiber Market Scope
Concrete Reinforcing Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil concrete reinforcing fiber market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to concrete reinforcing fiber market will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 37.22% in 2021. Horizon Databook has segmented the Brazil concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry in Brazil is expected to be driven by the rising investments focused on infrastructure development. However, the country has witnessed an economic downturn, which is expected to hamper the growth of concrete reinforcing fiber market over the forecast period.
Other factors contributing to the limited development of the market include multiple revisions in cost structures and time throughout the life cycle of the construction projects on account of economic uncertainties.
In addition, the government has invested over USD 65 billion in infrastructure for building new stock and improving the existing ones, which is expected to benefit the overall market growth over the forecast period.
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Target buyers of Brazil concrete reinforcing fiber market databook
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Our clientele includes a mix of concrete reinforcing fiber market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into Brazil concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil concrete reinforcing fiber market size, by product, 2018-2030 (US$M)
Brazil Concrete Reinforcing Fiber Market Outlook Share, 2021 & 2030 (US$M)
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