Concrete Fiber Market
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<strong>Concrete</strong> <strong>Fiber</strong> <strong>Market</strong><br />
Zion Research has published a new report titled “<strong>Concrete</strong> <strong>Fiber</strong> <strong>Market</strong> (Synthetic <strong>Fiber</strong>,<br />
Glass <strong>Fiber</strong>, Steel <strong>Fiber</strong>, Basalt <strong>Fiber</strong> and Others) <strong>Market</strong> for Construction, Road Industry,<br />
Industrial, Mining and Other Applications: Global Industry Perspective, Comprehensive<br />
Analysis and Forecast, 2014 – 2020” According to the report, the concrete fiber market was<br />
valued at USD 1.87 billion in 2014 and is expected to generate revenue of USD 2.84 billion<br />
by end of 2020, growing at a CAGR of 7.2% between 2015 and 2020. In terms of volume,<br />
the global concrete fiber market stood at 300 kilo tons in 2014.<br />
<strong>Concrete</strong> fiber can be defined as composite material consisting of mixtures of cement,<br />
concrete or mortar and discrete, discontinuous, evenly dispersed suitable fiber. <strong>Fiber</strong> is a<br />
reinforcing material that gives structural integrity to the concrete. In concrete structure, the<br />
fibers are mixed or placed in such a way that construction base become stable and stiff.<br />
<strong>Concrete</strong> fiber is extensively used in exterior and interior parts of commercial, residential,<br />
and industrial construction and building. It is widely deployed in highways, roads, bridges,<br />
and pavements in the transportation industry.<br />
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