
The global market of concrete fiber is growing rapidly. Focus towards construction, and infrastructural development makes concrete fiber popular. The rise in urbanization and improving construction industry is the major driving factor for the market. Wide range of industry usage of concrete fiber such as road construction, mining application, industrial and others also helps to boost the concrete fiber market. Moreover, Government also implements different schemes to develop amusement parks, reading halls, libraries and swimming pools for the citizens. Government schemes and policies are expected to further fuel growth of construction industry. Overall demand for concrete fiber is expected to rise notably during the next few years.