The fiber reinforced concrete (FRC) market is projected to increase from USD 2,604.58 million in 2022 to USD 4,677.62 million by 2032, at a CAGR of 6.03% over the forecast period 2023-2032.
Fiber-reinforced concrete (FRC) is a hybrid material that includes discrete, discontinuous, separated and uniformly distributed fibre materials and mortar or concrete, cement, and others. Fibre-reinforced concrete (FRC) is excellent for concrete uses requiring shrinkage resistance, increased durability, long life, and more. FRC in concrete provides increased impact resistance, stops crack growth and results in composite materials with higher deformation.
The rising demand for residential and commercial buildings drives the market's growth. Growing need for transportation infrastructure projects and rising construction activities in the APAC region are anticipated to boost the growth of the fiber-reinforced concrete (FRC) market. Launching new alkali-resistant synthetic fibers will provide opportunities for fiber reinforced concrete (FRC) market over the forecast period. However, rising production prices and easy availability of ready-to-use concrete may hamper the market's growth.
This report provides a complete study by type, application, and region. The type segment includes steel concrete fiber, synthetic concrete fiber, glass concrete fiber and others. The synthetic concrete fiber segment dominated the market in 2022 and is anticipated to grow at a lucrative rate.. This rise can be attributed to Synthetic Concrete Fiber's excellent characteristics, such as non-corrosion, good chemical resistance, and excellent durability. The application segment is divided into infrastructure, building and construction, mining and tunnel, industrial flooring and others. The infrastructure segment registered the largest market share in 2022. FRC is primarily used in the infrastructure industry for bridge and road construction. Fiber-reinforced concrete (FRC) improves durability and road load-bearing capacity after cracking. In addition, Fiber-reinforced concrete (FRC) is majorly used in ports, railway infrastructure, and airports.
The fiber reinforced concrete (FRC) market is classified into North America, South America, Asia-Pacific, Europe, and Middle East & Africa. The North America region held the largest market share in 2022 due to the growing need for residential buildings in North America. The Asia Pacific region will dominate the market over the forecast period. Consumption of FRC in Asia Pacific countries such as Indonesia, India and China is anticipated to grow significantly due to rising demand from the construction and transportation industries.
Key industry players in the fiber reinforced concrete (FRC) market are ABC Polymer Industries, Bekaert, Bautech, CEMEX SAB de CV, Euclid Chemical, EPC, Fibercon, Fabpro Polymers, FORTA, GCP Applied Technologies, Ganzhou Daye, Hunan Sunshine, Harex, Huierjie, Junwei Metal Fiber, MBCC group, Nycon, Owens Corning, Propex, Pioneer Scientific Industry (Nanjing) Co., Ltd., Sika AG, STRUX, Taian Tongban Fiber and Wuhan Xintu among others.
Fiber Reinforced Concrete (FRC) Market Analysis and Forecast, Type
Fiber Reinforced Concrete (FRC) Market Analysis and Forecast, Application
Fiber Reinforced Concrete (FRC) Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Type
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing residential and commercial buildings
5.3. Restraints
5.3.1. High production cost
5.4. Opportunities
5.4.1. Growing transportation projects
5.5. Challenges
5.5.1. Easy availability of alternative products
6. Global Fiber Reinforced Concrete (FRC) Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Steel Concrete Fiber
6.3. Synthetic Concrete Fiber
6.4. Glass Concrete Fiber
6.5. Others
7. Global Fiber Reinforced Concrete (FRC) Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Infrastructure
7.3. Building and Construction
7.4. Mining and Tunnel
7.5. Industrial Flooring
7.6. Others
8. Global Fiber Reinforced Concrete (FRC) Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Fiber Reinforced Concrete (FRC) Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Fiber Reinforced Concrete (FRC) Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. ABC Polymer Industries
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Bekaert
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Bautech
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. CEMEX SAB de CV
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Euclid Chemical
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Fibercon
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Fabpro Polymers
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. FORTA
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. GCP Applied Technologies
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Ganzhou Daye
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Hunan Sunshine
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Harex
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Huierjie
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Junwei Metal Fiber
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. MBCC group
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Nycon
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Owens Corning
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. Propex
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
10.19. Pioneer Scientific Industry (Nanjing) Co., Ltd.
10.19.1. Business Overview
10.19.2. Company Snapshot
10.19.3. Company Market Share Analysis
10.19.4. Company Product Portfolio
10.19.5. Recent Developments
10.19.6. SWOT Analysis
10.20. Sika AG
10.20.1. Business Overview
10.20.2. Company Snapshot
10.20.3. Company Market Share Analysis
10.20.4. Company Product Portfolio
10.20.5. Recent Developments
10.20.6. SWOT Analysis
10.21. STRUX
10.21.1. Business Overview
10.21.2. Company Snapshot
10.21.3. Company Market Share Analysis
10.21.4. Company Product Portfolio
10.21.5. Recent Developments
10.21.6. SWOT Analysis
10.22. Taian Tongban Fiber
10.22.1. Business Overview
10.22.2. Company Snapshot
10.22.3. Company Market Share Analysis
10.22.4. Company Product Portfolio
10.22.5. Recent Developments
10.22.6. SWOT Analysis
10.23. Wuhan Xintu
10.23.1. Business Overview
10.23.2. Company Snapshot
10.23.3. Company Market Share Analysis
10.23.4. Company Product Portfolio
10.23.5. Recent Developments
10.23.6. SWOT Analysis
List of Table
1. Global Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
2. Global Steel Concrete Fiber, Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
3. Global Synthetic Concrete Fiber, Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
4. Global Glass Concrete Fiber, Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
5. Global Others, Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
6. Global Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
7. Global Infrastructure Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
8. Global Building and Construction Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
9. Global Mining and Tunnel Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
10. Global Industrial Flooring Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
11. Global Others Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
12. Global Fiber Reinforced Concrete (FRC) Market, By Region, 2019-2032 (USD Million) (K Tons)
13. North America Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
14. North America Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
15. U.S. Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
16. U.S. Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
17. Canada Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
18. Canada Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
19. Mexico Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
20. Mexico Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
21. Europe Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
22. Europe Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
23. Germany Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
24. Germany Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
25. France Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
26. France Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
27. U.K. Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
28. U.K. Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
29. Italy Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
30. Italy Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
31. Spain Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
32. Spain Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
33. Asia Pacific Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
34. Asia Pacific Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
35. Japan Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
36. Japan Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
37. China Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
38. China Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
39. India Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
40. India Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
41. South America Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
42. South America Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
43. Brazil Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
44. Brazil Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
45. Middle East and Africa Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
46. Middle East and Africa Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
47. UAE Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
48. UAE Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
49. South Africa Fiber Reinforced Concrete (FRC) Market, By Type, 2019-2032 (USD Million) (K Tons)
50. South Africa Fiber Reinforced Concrete (FRC) Market, By Application, 2019-2032 (USD Million) (K Tons)
List of Figures
1. Global Fiber Reinforced Concrete (FRC) Market Segmentation
2. Fiber Reinforced Concrete (FRC) Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Fiber Reinforced Concrete (FRC) Market Attractiveness Analysis by Type
9. Global Fiber Reinforced Concrete (FRC) Market Attractiveness Analysis by Application
10. Global Fiber Reinforced Concrete (FRC) Market Attractiveness Analysis by Region
11. Global Fiber Reinforced Concrete (FRC) Market: Dynamics
12. Global Fiber Reinforced Concrete (FRC) Market Share by Type (2023 & 2032)
13. Global Fiber Reinforced Concrete (FRC) Market Share by Application (2023 & 2032)
14. Global Fiber Reinforced Concrete (FRC) Market Share by Regions (2023 & 2032)
15. Global Fiber Reinforced Concrete (FRC) Market Share by Company (2022)
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