UK concrete reinforcing fiber market is estimated to grow at a CAGR of 4.1% during the forecast period. The growing infrastructure projects are a crucial factor in leveraging market growth. As per the UK Government, the National Infrastructure and Construction Procurement pipeline includes 340 procurement contracts across more than 260 projects, programs, and other investments. It also sets out procurements with an estimated contract value of up to nearly $49 billion over the next year. Such investments will drive the adoption of concrete reinforcing fiber which is increasingly gaining interest among the concrete community as it supports to decrease labor costs and construction time. Fiber-reinforced concrete can be utilized in a range of applications such as highways, roadways, and bridges, ports and airports, residential, commercial, and more. 

UK concrete reinforcing fiber market is segmented based on type and application. Based on type, the market is classified into steel fiber, synthetic fiber, natural fiber, glass fiber, and others. In the UK, macro synthetic fibers are normally utilized in structural concrete. These fibers can be utilized to offer the concrete with potential post-cracking capacity and therefore, can be utilized in some designs that are based on plastic analysis, including for rock support utilizing sprayed concrete and ground-supported slabs. Based on application, the market is classified into infrastructure, residential and commercial, and industrial. 

Some key players in the market include BASF SE, Sika AG, Owens Corning, N.V. Bekaert S.A., and GCP Applied Technologies Inc. The market players are using some key strategies to increase their market share. For instance, in May 2018, GCP Applied Technologies Inc. announced the acquisition of UK based R.I.W. Ltd., a provider of waterproofing products. The company offers products for applications in residential and commercial construction. This will support R.I.W. to leverage GCP’s distribution channels to further increase its penetration of waterproofing projects in the UK.

Research Methodology

The market study of the UK concrete reinforcing fiber market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. UK Concrete Reinforcing Fiber Market Research and Analysis by Type
2. UK Concrete Reinforcing Fiber Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the UK concrete reinforcing fiber market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the UK concrete reinforcing fiber market.
• Insights about market determinants that are stimulating the UK concrete reinforcing fiber market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.