Fiber Reinforced Concrete Market 2022: Consumption Analysis By Latest Trend, Drivers And Challenges 2028Posted by Roger on March 2nd, 2023 ![]() The fiber reinforced concrete (FRC) market is a growing sector within the construction industry. FRC is a type of concrete that includes fibers, such as steel, glass, or synthetic materials, to improve its strength, durability, and resistance to cracking. The use of FRC is becoming more popular due to its superior performance compared to traditional concrete in a variety of applications. The global FRC market is expected to grow at a CAGR of around % from 2022 to 2030. The market is driven by the growing demand for FRC in the construction of infrastructures such as highways, bridges, and buildings, as well as in the industrial sector for applications such as flooring, tunnels, and pipes. Additionally, the increasing use of FRC in the repair and rehabilitation of existing structures is further fueling the market growth. The Asia Pacific region is the largest market for FRC, followed by North America and Europe. The growth in the Asia Pacific market can be attributed to the increasing investments in infrastructure projects in countries such as China and India. Moreover, the rising demand for sustainable construction materials is also boosting the demand for FRC in the region. Some of the key players operating in the FRC market include
The Euclid Chemical Company. These companies are focusing on product innovation, mergers and acquisitions, and partnerships to expand their market presence and gain a competitive advantage. Read More Info About Report :- https://www.coherentmarketinsights.com/market-insight/fiber-reinforced-concrete-market-5052 About Coherent Market Insights Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us Mr. Shah Like it? Share it!More by this author |