August 24, 2020
As per the report titled ‘North America Concrete Cellulose Fiber Reinforcement Market Size By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026’, available with Market Study Report LLC, North America concrete cellulose fiber reinforcement market is projected to exhibit a healthy growth rate through 2026.
As per the report findings, North America concrete cellulose fiber reinforcement market is primarily driven by several ongoing infrastructure development and upgradation projects in the region. Besides, the demand for cellulose fiber reinforcement is high as its substitute polypropylene fibers are completely hydrophobic, which makes them unsuitable for construction processes.
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For the uninitiated, cellulose fibers are obtained from cellulose, a starch-like carbohydrate. These fibers are constructed by dissolving naturally occurring substances like wood pulp. Cellulose fiber reinforcement finds uses in residential & commercial slabs, paving, pervious paving, composite metal decks, architectural & decorative installations, white toppings, walls, curb & gutter, slip form, and even shotcrete application. It offers exceptional secondary reinforcement and enhanced finishability with benefits like better durability, thaw/freeze resistance, impact resistance, and shatter resistance.
Based on application spectrum, North America concrete cellulose fiber reinforcement market is divided into industrial, commercial, residential, and others. Industrial segment is projected to account for about 0.3 kilo tons by the end of the forecast period, driven by various expansion projects for facilities in the region.
Considering the regional outlook, North America concrete cellulose fiber reinforcement market is split into United States and Canada. US market is expected to witness remunerative growth in the upcoming years, attributable to the nation’s growing construction, . In addition, the recent USD 2 trillion infrastructure development package introduced by the U.S. Congress for rejuvenating the country’s ageing infrastructure is likely to augment market share in the upcoming years.
Key players operating in North America concrete cellulose fiber reinforcement market are International Paper, Canadian Greenfield Technologies Corp., Hercules Fibers, CreaFill Fibers Corp., Solomon Colors, Inc., and J. Rettenmaier USA LP.