Steel Fiber Market: Mastering the Digital Landscape for Dominant Market Advantage
Emergen Research has recently added a new report titled Global Steel Fiber Market that provides an extensive analysis of the Steel Fiber market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Steel Fiber Market.
The global steel fiber market size was USD 2.30 Billion in 2022 and is expected to register a steady revenue CAGR of 4.8% during the forecast period, according to latest analysis by Emergen Research. Rising infrastructural development across various regions and increasing use of steel fibers due to higher tensile strength are key factors driving market revenue growth.Steel fibers are extensively used along with mesh and steel reinforcing bars in various construction applications owing to their compression, splitting tensile, and flexural strength. Global steel prices reduced by 15%-20% year-on-year in 2022 and fell over 40% in December 2022. According to the forecast by World Steel Association (WSA), the demand for global steel increased by 2.4% in 2023. This can lead to a drop in the prices of steel fibers and therefore can be widely used as a construction material.
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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
ArcelorMittal, Bekaert, Fibrometals, Nippon Seisen Co., Ltd., Zhejiang Boen metal products Co., Ltd., Green Steel Group, Spajic DOO, Hunan Sunshine Steel Fiber Co., Ltd., Zhitai Steel Fiber Manufacturing Co., Ltd., Hunan Sunshine Steel Fiber Co., Ltd., and R.STAT
Report Highlights:
- Besides offering a vivid depiction of the global Steel Fiber business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional Landscape section of the Steel Fiber Market report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Steel Fiber market expected to boost the growth of the industry in the coming years.
Steel Fiber Market Segmentation:
Type Outlook (Revenue, USD Billion; 2019-2032)
- Hooked
- Straight
- Deformed
- Crimpled
- Others
Application Outlook (Revenue, USD Billion; 2019-2032)
- Concrete Reinforcement
- Composite Reinforcement
- Refractories
- Others
Manufacturing Process Outlook (Revenue, USD Billion; 2019-2032)
- Cut Wire/Cold Drawn
- Slit Sheet
- Melt Extract
- Mill Extract
- Modified Cold Drawn Wire
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/steel-fiber-market
Highlights of Table of Contents (TOC):
- Overview of Global Steel Fiber Market
- Competitive analysis of the Steel Fiber Market
- Regional analysis of Global Steel Fiber Market production and revenue
- Regional analysis of Global Steel Fiber Market supply, consumption, and export & import
- Type-based market analysis of global Steel Fiber production, revenue, and price trends
- Application-based analysis of the global Steel Fiber Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Steel Fiber market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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