Latin America Concrete Reinforcing Fiber Market Size & Outlook
Latin America concrete reinforcing fiber market, 2018-2030 (US$M)
Related Markets
Latin America concrete reinforcing fiber market highlights
- The Latin America concrete reinforcing fiber market generated a revenue of USD 109.0 million in 2021.
- The market is expected to grow at a CAGR of 4.1% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 109.0 million |
| Market revenue in 2030 | USD 156.1 million |
| Growth rate | 4.1% (CAGR from 2021 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Basalt |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Latin America region accounted for 5.0% of the global concrete reinforcing fiber market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,576.3 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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Latin America 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 37.16% in 2021. Horizon Databook has segmented the Latin America concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.
Construction market in Central & South America is expected to remain stable over the forecast period. Major economies in the region such as Brazil are anticipated to register a sluggish growth majorly due to political instability, lack of investor confidence, fiscal constraints, and evolving economic trends.
Economic conditions of construction industry in the region are projected to improve primarily due to increasing investments in infrastructure, commercial, & industrial projects, nuclear energy, renewable energy, and others.
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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 continent-level data and insights on the Latin America concrete reinforcing fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America concrete reinforcing fiber market size, by country, 2018-2030 (US$M)
Latin America Concrete Reinforcing Fiber Market Outlook Share, 2021 & 2030 (US$M)
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