Market revenue in 2021 | USD 93.0 million |
Market revenue in 2030 | USD 125.3 million |
Growth rate | 3.4% (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 |
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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 40.32% in 2021. Horizon Databook has segmented the Japan 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 Japan was majorly driven by the private sector in 2016. The growth is attributed to the improved economic conditions and the reconstruction of existing facilities owing to the upcoming sporting events in 2020.
Huge investments in infrastructure, healthcare, housing construction, and educational institutions are anticipated to drive the demand for fiber-reinforced concrete over the forecast period. However, the economy is anticipated to witness a slow growth owing to deflation, which is expected to hold back government investment in infrastructure over the next seven years.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into Japan concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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