India Concrete Reinforcing Fiber Market Size & Outlook
India concrete reinforcing fiber market, 2018-2030 (US$M)
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India concrete reinforcing fiber market highlights
- The India concrete reinforcing fiber market generated a revenue of USD 51.6 million in 2021 and is expected to reach USD 114.0 million by 2030.
- The India market is expected to grow at a CAGR of 9.2% from 2022 to 2030.
- In terms of segment, polypropylene 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 51.6 million |
| Market revenue in 2030 | USD 114.0 million |
| Growth rate | 9.2% (CAGR from 2021 to 2030) |
| Largest segment | Polypropylene |
| 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, India accounted for 2.4% 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 Asia Pacific, China concrete reinforcing fiber market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 799.6 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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India 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.
Polypropylene was the largest segment with a revenue share of 46.32% in 2021. Horizon Databook has segmented the India concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.
Building & construction industry in India has recorded high growth in terms of revenue in 2016 on account of improved GDP, significant population growth, and growth of industrial construction sector. However, construction sector in India is facing issues such as lack of skilled workers and shortage of construction materials.
Increasing use of advanced technology for construction is expected to drive construction industry over the forecast period. The Government of India is engaged in bringing up initiatives for smart cities and others for improving construction industry.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into India concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India concrete reinforcing fiber market size, by product, 2018-2030 (US$M)
India Concrete Reinforcing Fiber Market Outlook Share, 2021 & 2030 (US$M)
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