Steel Fiber Market

The Global Steel Fiber Market was estimated at 2.3 (USD Billion) in 2019 and is projected to be valued at 3.5 (USD Billion) by 2025 at a CAGR of 5.0%. The report offers valuation and analysis of steel fiber market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

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Key Driving Factors

Massive product demand across the construction & infrastructure industries is anticipated to steer the growth of the steel fiber market over the forecast timeline. Apparently, steel fiber find massive application in these sectors due to its beneficial features like crack resistance, rust resistance, durability, greater tensile strength, and enhanced sheer strength. These beneficial features are expected to steer the growth of the industry over the forecast period.

Our study offers market attractiveness analysis in a precise manner, thereby assisting the buyer in unfurling the huge growth prospects of the steel fiber market over the timespan from 2019 to 2025. The report also provides data about the market from 2016 to 2018. Moreover, the market is segmented into application, type, manufacturing process, and region.

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Application-wise, the steel fiber market is segregated into Composite, Refractories, and Concrete applications. Based on the type, the industry is divided into Straight, Deformed, Hooked, and Crimped. On the basis of manufacturing process, the industry is divided into Slit Sheet, Melt Extract, and Cut Wire/Cold Drawn.

The key players influencing the steel fiber industry and profiled in the report include:

  • Arcelor Mittal
  • Bekaert
  • Green Steel Group
  • Nippon Seisen
  • Yuthian Zhitai Steel Fiber Manufacturing
  • R. STAT
  • Spajic Doo
  • Zhejiang Boean Metal Products
  • Fibrometals
  • Hunan Sunshine Steel Fiber.

The global steel fiber market is segmented as follows:

By Type

  • Hooked
  • Straight
  • Deformed
  • Crimped
  • Others (glued & irregular)

By Application

  • Concrete reinforcement
  • Composite reinforcement
  • Refractories
  • Others (vaults, filters, and material plastic)

By Manufacturing Process

  • Cut Wire/cold drawn
  • Slit sheet
  • Melt extract
  • Others (Mill extract and modified cold drawn wire)

By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Report Scope:

Report AttributeDetails
Base Year2020
Historic Years2016 – 2020
Forecast Years2021 – 2028
Segments CoveredBy Product Type, By Application, and By End Use
Forecast UnitsValue (USD Billion), and Volume (Units)
Quantitative UnitsRevenue in USD million/billion and CAGR from 2021 to 2028
Regions CoveredNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered10 companies with scope for including additional 15 companies upon request
Report CoverageMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization ScopeAvail customized purchase options to meet your exact research needs.

Key features of Nutrigenomics Market:

  • The raw material suppliers, as well as their market concentration rate, have also been identified.
  • The study lists the production cost structures, which include raw material data, manufacturing process analysis, and labor costs.
  • All aspects of the industrial chain analysis, downstream buyers, and sourcing techniques have been thoroughly explained.
  • A portion of the budget has been set aside for an examination of the marketing strategy used,
  • as well as information on the distributors involved in the supply chain.
  • The Nutrigenomics Market Market report includes a summary of the cost analysis, main raw materials used, and the changing price patterns of war materials.
  • The research includes information on the product marketing channels that were used, marketing channel development trends, price and brand strategies, and the target audience.

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By Zubair Pateljiwala

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