Gujarat Magazine

Steel Fiber Market Application, Opportunities, Top Companies, Growth, Trends, Regional Graph, Key Segments, and Forecast to 2029

 Breaking News
  • No posts were found

Steel Fiber Market Application, Opportunities, Top Companies, Growth, Trends, Regional Graph, Key Segments, and Forecast to 2029

July 31
10:17 2024
Steel Fiber Market Application, Opportunities, Top Companies, Growth, Trends, Regional Graph, Key Segments, and Forecast to 2029
Browse 210 market data Tables and 67 Figures spread through 240 Pages and in-depth TOC on “Steel Fiber Market”
The Steel Fiber Market is witnessing robust growth globally, driven by increasing demand in construction and infrastructure sectors. Notable regional growth is seen in Asia-Pacific, Europe, and North America due to rising urbanization and industrialization.

The steel fiber market is projected to grow from USD 1.96 billion in 2024 to USD 2.44 billion by 2029, at a CAGR of 4.5% during the forecast period. The steel fiber market is continuously growing with a significant growth rate due to its increasing demand from various applications, such as reinforced concrete, shotcrete, composites, and refractories. North America, Europe and Asia Pacific are major markets for steel fibers. The mechanical properties like tensile strength and high crack resistance make steel fiber a preferable material for various construction and infrastructure applications.

Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222903687 

Steel Fiber Companies

Some of the major manufacturers operating in the steel fiber market are Bekaert (Belgium), ArcelorMittal (Luxembourg), Nippon Seisen (Japan), Fibrometals (Romania), Sika AG (Switzerland), Jiangsu Shagang Group (China), Zhejiang Boen Metal Products Co., Ltd. (China), Green Steel Group (Italy), Spajic Doo (Serbia), Kosteel Co., Ltd. (South Korea), Severstal (Russia), Enviromesh Pty ltd. (Australia), Hunan Shuanxing Steel Fiber Co., Ltd. (China), and Kerakoll SPA (Italy).

All the major players in the past few years have been adopting various growth strategies to strengthen their position in the global steel fiber market. These growth strategies include product launches, contracts, agreements, collaborations, mergers and acquisitions, partnerships, and research and development activities aiming to expand their market presence in the steel fiber market even further.

Bekaert (Belgium)

Bekaert is a manufacturer as well as a supplier of steel fibers, the company has a rich history dating back to 1880, when it was established. Bekaert operates in steel wire solutions, rubber reinforcement, specialty business, Bridon- Bekaert Ropes Group segments. Under these segments the company produces a wide product range, including steel wires, steel fibers, automotive interior products, and steel fiber products.

Bekaert had a headcount of 26,980 employees and reported a revenue of USD 5,956.1 million in December 2022. The company’s products are available in countries all over the world and Europe accounts for the largest share of revenue earned by the company from a particular region.

Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=222903687 

ArcelorMittal (Luxembourg)

ArcelorMittal is a global leader in finished and semi-finished steel products for various end use industries like construction, transportation, household appliances, and packaging. ArcelorMittal is headquartered in Luxembourg City, Luxembourg and was established in the year 2006. The company operates under three major segments namely, flat products, long products, and tubular products segment. Under these segments the company develops, manufactures, and markets a wide range of steel fiber products used in reinforcement applications in concrete and precast elements.

The company had a head count of 126,756 employees and a revenue of USD 79,844.0 million in the year 2022. Straumann’s products are available all around the globe and North America and Europe account for the largest share of revenue earned by the company from regions all around the world.

Read Our Trending Press Release Below:

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/steel-fiber-market-222903687.html