Fiber Reinforced Concrete Market Growing Demand For Durable And High Key industry insights. the global concrete reinforcing fiber market size is predicted to elevate from 2024 to 2032. high demand for concrete reinforcing fiber market share is said to increase post covid 19. it is mainly used in the construction and building industry, so an increase in demand is expected to grow after the pandemic. Polyethylene (pe) fiber reinforced concrete accounted for 8.43% of the market in terms of revenue in 2021 due to limitations in the production of such products with high stress resistance. however, increasing r&d by manufacturers to improve product properties concerning stiffness and strength is expected to drive the product demand over the forecast period.
Fiber Reinforced Concrete Market Growing Demand For Durable And High The fiber reinforced concrete market is anticipated to witness a cagr of 5.64% during the forecast period 2022 2028, owing to the increasing demand for durable and high performance construction. Newark, del, july 10, 2024 (globe newswire) in 2024, the concrete fiber market size is projected to be worth usd 2,177 million. from 2024 to 2034, the market is expected to grow at a compound. The global fiber reinforced concrete market is estimated to be valued at usd 2.67 bn in 2024 and is expected to reach usd 4.23 bn by 2031, exhibiting a compound annual growth rate (cagr) of 6.8% from 2024 to 2031. to learn more about this report, request sample copy. the fiber reinforced concrete market is expected to witness significant growth. – the global fiber reinforced concrete market stood at us$ 1.9 billion in 2022 and the global market is projected to reach us$ 3.8 billion by 2031. the global industry is anticipated to expand.
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