The Steel Fiber Global Market Report 2021-31 by The Business Research Company describes and explains the global steel fiber market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Steel Fiber Global Market Report 2022 covers steel fiber market drivers, steel fiber market trends, steel fiber market segments, steel fiber market growth rate, steel fiber market major players, and steel fiber market size.
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The steel fiber market report provides in-depth analysis of the impact of COVID-19 on the global steel fiber industry along with revised market numbers due to the effects of the coronavirus and the expected steel fiber market growth numbers for 2022-2031.
The global steel fiber market size is expected to grow from $1.89 billion in 2021 to $2.03 billion in 2022 at a compound annual growth rate (CAGR) of 7.29%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global steel fiber market share is expected to reach $2.87 billion in 2026 at a CAGR of 9.06%.
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Steel Fiber Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the steel fiber market segments-
1) By Type: Hooked, Straight, Deformed, Crimped
2) By Application: Concrete Reinforcement, Composite Reinforcement, Refractories
3) By End-User: Polymer, Chemical, Pharmaceutical, Aircraft/Maritime/Machine, Measuring and Instrumentation Devices, Others
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