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    European Concrete Fiber Market Report

    European Concrete Fiber Market Report
    Report code - SR2046 Published On : Jul,2022 No. of Pages: 103
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    European Concrete Fiber Market Size, Share, Trend, Forecast, Competitive Analysis, and Gro See more...

    Market Highlights

    Fibers in concrete help in controlling and regulating plastic shrinkage and cracking as well as increasing energy absorption and reducing dangerous spalling at high temperatures. They improve freeze-thaw resistance and help to keep the concrete strong and attractive for extended periods.

    The European concrete fiber market witnessed a moderate decline, in both value and volume in 2020, as construction activities slowed as a result of the pandemic. However, the market experienced phenomenal growth in 2021 (23.1% YoY), owing to the combined effects of recovery in construction activities and an abrupt increase in raw material prices. The European concrete fiber market is expected to register a healthy CAGR of 4.2% over the next five years to reach a value of US$ 684.1 million in 2027.

    Market Segments' Analysis

    Based on the fiber type, the market is bifurcated into steel fiber, synthetic fiber, glass fiber, and others.  Steel fiber is estimated to remain the dominant fiber type in the foreseen future, owing to its high durability, e-modulus, and tensile strength. Steel fiber-reinforced concrete offers higher ductility and post-cracking strength, resistance to fatigue, spalling, and wear & tear compared to conventional reinforced concrete. Synthetic fiber is likely to experience the highest growth during the forecast period. It enhances impact, abrasion and shear resistance of concrete; reduces bleeding and plastic settlement; increases durability and flexural strength. Polypropylene is the predominantly used synthetic fiber type in the market.

    Based on the application type, the market is segmented as transport infrastructure, building & construction, mining & tunnel, industrial flooring, and others. Mining & Tunnel is expected to remain the largest application type during the forecast period.  The use of fibers in this application improves the tunnelling structure's ductility, durability, stability, and safety. Furthermore, they not only provide excellent fire protection but also increase the mechanical capacity of the lining. Steel is the dominantly used fiber type in mining & tunnel applications. Building & Construction is likely to experience the fastest growth over the forecast period. The segment includes all the residential and non-residential buildings and structures.

    Based on the synthetic fiber type, the market is segmented into macrofiber and microfiber. Between these synthetic fiber types, macrofiber is expected to remain the larger and the faster-growing segment during the forecast period. Macrofibers are used where an increase in post-cracking flexural strength is required. Some of the most significant advantages of macrofibers are their resistance to corrosion and greater concrete ductility. Synthetic macrofibers are more commonly used than synthetic microfibers because they are cheaper, easier to mix, and used in many concrete applications.

    Based on the country, the market is segmented as Germany, France, the UK, Russia, Turkey, and RoE (Rest of Europe). Germany unassailably dominated the market in 2021 and is likely to experience the fastest growth during the forecast period. Both steel and synthetic are the majorly used fiber types in Germany. Key players based in Germany are Master Builders Solutions, and KrampeHarex GmbH & Co. KG. France is likely to remain the second-dominant country in the market till 2027.    

    Key Players

    The supply chain of this market comprises several nodes including raw material suppliers, concrete fiber manufacturers, and concrete element suppliers/contractors, and end users. The following are some of the key players in the European concrete fiber market:

    • N.V. Bekaert S.A.
    • ArcelorMittal
    • Sika AG
    • Master Builder Solutions
    • KrampeHarex GmbH & Co. KG
    • GCP Applied Technologies Inc.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s European concrete fiber market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in the Europe and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The European concrete fiber market is segmented into the following categories:

    European Concrete Fiber Market, by Fiber Type

    • Steel Fiber
    • Synthetic Fiber
    • Glass Fiber  
    • Others

    European Concrete Fiber Market, by Synthetic Fiber Type

    • Macrofiber
    • Microfiber

    European Concrete Fiber Market, by Application Type

    • Transport Infrastructure
    • Building & Construction
    • Mining & Tunnel
    • Industrial Flooring
    • Others

    European Concrete Fiber Market, by Country

    • Germany
    • France
    • The UK
    • Russia
    • Turkey
    • Rest of Europe

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, and strategic alliances.

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com

    A Bird's Eye View of the Market

    The European concrete fiber market is estimated to grow at a healthy CAGR of 4.2% over the next five years to reach a value of US$ 684.1 Million in 2027. Increasing construction activities in the region along with rising demand for emission reduction and energy-efficient products and expected increase in demand for pre-cast and ready-mix concrete elements drive the demand for concrete fibers in Europe.

    Bekaert, ArcelorMittal, Sika AG, Master Builders Solutions, GCP Applied Technologies Inc., and KrampeHarex GmbH & Co. KG are some of the key players in the market.

    Steel fiber is likely to maintain its dominance in the market in the next five years. Steel fibers are used for heavy-duty applications including ground slab, pre-cast elements for tunnel and bridges. It provides concrete with enhanced toughness and post-crack load-carrying capacity.