Global Steel Fiber Market: Key Players, Trends, and Forecasts
According to the new market research report " Steel Fiber Market by Type (Hooked, Straight, Deformed, Crimped), Application (Concrete, Composite, Refractories), Manufacturing Process (Cut Wire/Cold Drawn, Slit Sheet, Melt Extract), and Region - Global Forecast to 2023 " , published by MarketsandMarkets™, the Steel Fiber Market is projected to grow from the estimated USD 2.0 billion in 2018 to USD 2.5 billion by 2023, at a CAGR of 5.0% between 2018 and 2023. The market is growing due to the high demand from infrastructure and construction industries. Steel fiber is used in these industries as they exhibit properties such as superior tensile strength, crack resistance, durability, corrosion resistance, and high shear strength. The steel fiber industry encompasses the production, distribution, and application of steel fibers. These fibers are utilized in a wide range of industries, including construction, infrastructure, industrial flooring, ...