South Africa Concrete Reinforcing Fiber Market Size & Outlook
South Africa concrete reinforcing fiber market, 2018-2030 (US$M)
Related Markets
South Africa concrete reinforcing fiber market highlights
- The South Africa concrete reinforcing fiber market generated a revenue of USD 19.7 million in 2021 and is expected to reach USD 27.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.7% 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.
Concrete reinforcing fiber market data book summary
| Market revenue in 2021 | USD 19.7 million |
| Market revenue in 2030 | USD 27.4 million |
| Growth rate | 3.7% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% 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 Middle East & Africa, Saudi Arabia concrete reinforcing fiber market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.4 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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South Africa 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 40.1% in 2021. Horizon Databook has segmented the South Africa concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry is South Africa experienced sluggish growth over the historic period, due to slow economic growth, policy uncertainty, and underperforming South African currency; the industry is expected to witness recovery owing to the increasing urbanization, government investment in affordable housing, renewable-energy projects, and transport and logistics infrastructure.
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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 South Africa concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into South Africa concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa concrete reinforcing fiber market size, by product, 2018-2030 (US$M)
South Africa Concrete Reinforcing Fiber Market Outlook Share, 2021 & 2030 (US$M)
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