North America Concrete Reinforcing Fiber Market Size & Outlook
North America concrete reinforcing fiber market, 2018-2030 (US$M)
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North America concrete reinforcing fiber market highlights
- The North America concrete reinforcing fiber market generated a revenue of USD 708.7 million in 2021.
- The market is expected to grow at a CAGR of 7% 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, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 708.7 million |
| Market revenue in 2030 | USD 1,302.2 million |
| Growth rate | 7% (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, North America region accounted for 32.3% 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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North 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 38.03% in 2021. Horizon Databook has segmented the North America concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry is the primary contributor to the annual GDPs of both Canada and Mexico. As a result, the demand for construction materials is expected to follow a similar trend in the economy. However, increasing penetration of fiber-reinforced concrete is expected to drive the market over the forecast period.
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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 North America concrete reinforcing fiber market , including forecasts for subscribers. This continent databook contains high-level insights into North America concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America concrete reinforcing fiber market size, by country, 2018-2030 (US$M)
North America Concrete Reinforcing Fiber Market Outlook Share, 2021 & 2030 (US$M)
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