Steel Fiber Market is Growing Exponentially in Order to Gain More Demand by 2023

in #steelfiber5 years ago

The [103 Pages report] "Steel Fiber Market by Type (Hooked, Straight, Deformed, Crimped), Application (Concrete, Composite, Refractories), Manufacturing Process (Cut Wire/Cold Drawn, Slit Sheet, Melt Extract), and Region - Global Forecast to 2023" The steel fiber market is projected to grow from the estimated USD 2.0 billion in 2018 to USD 2.5 billion by 2023, at a CAGR of 5.0% between 2018 and 2023. The market is growing due to the high demand from infrastructure and construction industries. Steel fiber is used in these industries as they exhibit properties such as superior tensile strength, crack resistance, durability, corrosion resistance, and high shear strength.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Steel Fiber Market, By Type

7 Steel Fiber Market, By Manufacturing Process

8 Steel Fiber Market, By Application

9 Steel Fiber Market, By Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

https://www.prnewswire.com/news-releases/steel-fiber-market-worth-2-5-billion-by-2023-exclusive-report-by-marketsandmarkets-tm--873510869.html

APAC is the biggest steel fiber market. The region is witnessing high growth of the steel fiber market. Majority of the steel fiber manufacturers across the region are constantly involved in improving the quality of the product. The manufacturers are adopting various growth strategies to strengthen their position in the market. The region has some of the prominent steel fiber manufacturers such as Yuthian Zithai Steel Fiber Manufacturing Co. Limited.

The major players in the Steel Fiber Market include Arcelor Mittal (Luxembourg), Bekaert (Belgium), Fibrometals (Romania), Nippon Seisen (Japan), Zhejiang Boean Metal Products (China), Green Steel Group (Italy), Spajic Doo (Serbia), Hunan Sunshine Steel Fiber (China), Yuthian Zhitai Steel Fiber Manufacturing (China), and R. STAT (Saint-Jean-Bonnefonds).

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