Emergen Research’s latest market research report focuses on the global Steel Fiber market, and the report provides in-depth analysis of each of its major segments. Reports about the global Steel Fiber market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Steel Fiber industry projections and qualitative and quantitative assessments have been provided by the report's authors.
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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The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Steel Fiber market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets.
Regional Landscape section of the Steel Fiber 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)
Target Audience of the Global Steel Fiber Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Steel Fiber market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
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
Research Report on the Steel Fiber Market Addresses the Following Key Questions:
- Who are the dominant players of the Steel Fiber Market Growth?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Steel Fiber Market Trend?
- What are the key growth drivers and restraining factors of the Steel Fiber Market Forecast?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Steel Fiber market and its key segments?
Market Overview:
The report bifurcates the Steel Fiber market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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
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The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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