Market revenue in 2021 | USD 60.8 million |
Market revenue in 2030 | USD 88.2 million |
Growth rate | 4.2% (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 40.46% in 2021. Horizon Databook has segmented the Mexico concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for fiber reinforced concrete in Mexico is expected to be driven by their growing use in the construction of hydropower generation plants.
The market is dominated by the demand for fiber reinforced concrete in the development and construction of dams coupled with the use of the product in dam repairs and maintenance. In addition, the growing infrastructure development in the economy is expected to account for the growth of concrete reinforcing fiber market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into Mexico concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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