UK Concrete Reinforcing Fiber Market Size & Outlook
UK concrete reinforcing fiber market, 2018-2030 (US$M)
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UK concrete reinforcing fiber market highlights
- The UK concrete reinforcing fiber market generated a revenue of USD 67.7 million in 2021 and is expected to reach USD 88.4 million by 2030.
- The UK market is expected to grow at a CAGR of 3% 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 67.7 million |
| Market revenue in 2030 | USD 88.4 million |
| Growth rate | 3% (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, UK accounted for 3.1% 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 Europe, Germany concrete reinforcing fiber market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 164.5 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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UK 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 38.7% in 2021. Horizon Databook has segmented the UK 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 exhibited signs of revival from 2014 to 2016. However, the growth was dampened over concerns of the investors regarding Brexit. The slowdown of the British economy impacted economic growth, leading to a limited growth of building & construction industry.
The industry is also expected to register low growth on account of limited growth observed for residential construction. The consumers in the industry are involved in the use of advanced materials such as fiber reinforced concrete and ready mixture concrete admixtures for construction.
The advent of digital construction is one of the major factors expected to drive the growth of the overall construction sector in the country. This, in turn, is expected to drive the demand for building & construction materials such as fiber-reinforced concrete over the forecast period, thereby driving the growth of concrete reinforcing fibers.
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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 UK concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into UK concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK concrete reinforcing fiber market outlook size, by product, 2018-2030 (US$M)
UK Concrete Reinforcing Fiber Market Outlook Share, 2021 & 2030 (US$M)
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