GCC Concrete Reinforcing Fiber Market

GCC Concrete Reinforcing Fiber Market Overview

The concrete reinforcing Fibers are the short discrete Fibers such as steel Fibers, glass Fibers, synthetic Fibers and natural Fibers, among others, that are uniformly distributed and randomly oriented to increase the structural integrity of concrete infrastructures. These Fibers are used in concrete to control cracking due to shrinkage, reduces the permeability of concrete and decrease bleeding of water. Additionally, concrete reinforcing Fibers resist abrasion, fire, and shatter, which increase the durability of the concrete structures, including buildings, dams, tunnels, and other constructions.

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Major GCC Concrete Reinforcing Fiber Market Drivers

Increasing usage of concrete reinforcing Fiber in a wide variety of constructions including roadways, bridges, railways, airports, residential buildings, tunnels, and industrial buildings owing to the various advantage provided by concrete reinforcing Fiber such as increases the concrete strength at a lower cost, adds tensile reinforcement evenly in all directions and improves the decorative look of the visible finished concrete surfaces, which is one of the major factors driving the growth of the market in the GCC region. Additionally, the growing public as well as private investments in construction and infrastructure development activities, coupled with rapid urbanization and industrialization, have been driving the growth of the construction industry, thereby boosting the demand for the concrete reinforcing Fibers in the GCC market.

The rising population, growing residential and commercial constructions in the GCC countries, along with major infrastructural projects including the NEOM city, DoubleTree Hilton Hotel Project, Al Faisaliah City, New Jeddah Downtown, Al Noor City, Orchid Villas Project, InterContinental Hotel Project, Government Housing Plans, Oman’s Duqm Port, and Kuwait’s Silk City, among others are further expected to increase the demand of concrete reinforcing Fibers in the region. On the other hand, fluctuating raw material costs and high operating cost, are the factors estimated to hamper the GCC concrete reinforcing Fiber market over the forecast period.

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Based on the type, the market is segmented into synthetic concrete Fiber, steel concrete Fiber, glass concrete Fiber, natural concrete Fiber, and basalt concrete Fiber. Steel concrete Fiber segment is expected to grow at a higher CAGR during the forecast period owing to the huge growth in the demand of steel concrete in the manufacturing of tunnel linings, canals, dams, and water storage tanks, pipes, and septic tanks.  Additionally, the steel concrete Fibers offer toughness, tenacity, along with resistance from crack, fatigue, impact due to which they are highly used in flooring, housing, precast, bridges, tunneling, heavy-duty pavement, and mining. This factor is anticipated to contribute to the growth of the segment.

Based on the end-use industry, the market is segmented into transport infrastructure, building & construction, mining & tunnel, industrial flooring, and others. The mining & tunnel segment is anticipated to witness a faster CAGR during the forecast period. This is be attributed to the utilization of concrete Fiber in tunnel lining and shafts, slope stabilization, and underground mines applications. Additionally, the rapidly growing mining industry in the region and the increasing use of concrete reinforcing Fibers in tunnels construction that offers fire resistance, concrete ductility, and durability are some of the factors propelling the growth of the segment in the region.

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Based on the countries, the GCC concrete reinforcing Fiber market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the rest of GCC. The growing public-private partnerships for the development of the construction industry, residential and commercial sector in Saudi Arabia and UAE is expected to propel the growth of the GCC concrete reinforcing Fiber market during the forecast period. Furthermore, major construction projects including Sultan Qaboos Medical City Complex in Barka, King Faisal Medical City in Asir, King Abdullah Medical City in Bahrain, Seven City JLT, The Avenues Riyadh, Asian mall, Fayat Project, and other projects are expected to propel the demand of concrete reinforcing Fibers in the region.

The GCC Concrete Reinforcing Fiber market has been segmented on the basis of type, End-Use Industry, and countries. Based on the type, the market is segmented into synthetic concrete Fiber, steel concrete Fiber, glass concrete Fiber, natural concrete Fiber, and basalt concrete Fiber. Based on end-use industry, the market is segmented into transport infrastructure, building & construction, mining & tunnel, industrial flooring, and others. Based on countries, the market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the Rest of GCC.

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Market Segmentation:

GCC Concrete Reinforcing Fiber Market by Type

• • Synthetic Concrete Fiber
    • Micro-Synthetic Fiber
      • Polypropylene (PP) Fiber
      • Polyethylene (PE) Fiber
      • Polyester Fiber
      • Nylon
      • Others
    • Macro-Synthetic Fiber
      • Polymer Blends
  • Steel Concrete Fiber
  • Glass Concrete Fiber
  • Natural Concrete Fiber
  • Basalt Fiber Reinforced Concrete

GCC Concrete Reinforcing Fiber Market by End-Use Industry  

• • Transport Infrastructure
    • Roadways
    • Highways
    • Bridges
    • Railways
    • Ports & Airports
  • Building & Construction
    • Residential
    • Non-Residential
  • Mining & Tunnel
    • Shafts and Tunnel Lining
    • Slope Stabilization
    • Underground Mining
  • Industrial Flooring
  • Others

GCC Concrete Reinforcing Fiber Market by Countries

• • UAE Concrete Reinforcing Fiber Market All-Up (Option 1: Free 25% Customization)
  • Saudi Arabia Concrete Reinforcing Fiber Market All-Up (Option 2: Free 25% Customization)
  • Oman Concrete Reinforcing Fiber Market All-Up (Option 3: Free 25% Customization)
  • Kuwait Concrete Reinforcing Fiber Market All-Up (Option 4: Free 25% Customization)
  • Rest of GCC Concrete Reinforcing Fiber Market All-Up (Option 5: Free 25% Customization)