Increasing Spending In Infrastructure Projects is Driving North American Concrete Reinforcing Fiber Market
Published: May 2021
North American concrete reinforcing fiber market is estimated to grow at a CAGR of 4.7% during the forecast period. The growing spending on infrastructure projects has been witnessed in the region. As per the White House, in the 2020 budget, the US President has recommended to pass legislation that generates a minimum of $1 trillion in infrastructure investment.
Rising industrialization is Driving European Concrete Reinforcing Fiber Market
Published: May 2021
European concrete reinforcing fiber market is estimated to grow at a CAGR of 4.2% during the forecast period. Growing industrialization is one of the key factors that is supporting the growth of the market. As per the Eurostat, in the EU, industrial production has surpassed the level reported in 2018.
Rising Industrialization to Offer an Opportunity for Asia-Pacific Concrete Reinforcing Fiber Market
Published: May 2021
Asia-Pacific concrete reinforcing fiber market is estimated to grow at a CAGR of 5.4% during the forecast period. Growing industrialization is one of the major factors in driving market growth. Rising industrialization has been witnessed coupled with favorable government initiatives to boost the manufacturing sector.
Expansion of Telecom and IT Sector to Drive the US Industrial Power Supply Market
Published: May 2021
The US industrial power supply market is estimated to grow at a CAGR of 5.2% during the forecast period. The expansion of the telecom and IT sector is one of the key factors that are supporting the adoption of power supply devices in the country.
Rising Military Spending to Reflect Positively on Germany Industrial Power Supply Market
Published: May 2021
Germany industrial power supply market is estimated to grow at a CAGR of 4.8% during the forecast period. Rising military spending is one of the crucial factors that is expected to drive the demand for power supply devices in the country. In 2019, Germany’s military spending increased by 10%, to $49.3 billion.
Significant Military Spending to Drive the North American Industrial Power Supply Market
Published: May 2021
North American industrial power supply market is estimated to grow at a CAGR of 5.0% during the forecast period. Significant military spending is one of the major factors accelerating market growth. For instance, according to the Stockholm International Peace Research Institute (SIPRI), the US military expenditure increased for the first time in seven years to reach $649 billion in 2019, which makes it the world’s largest military spender.
Growing Industrialization to Drive Europe Industrial Power Supply Market
Published: May 2021
Europe industrial power supply market is estimated to grow at a CAGR of nearly 6.5% during the forecast period. In 2018, industrial production in the EU exceeded the level reported in 2008. More than 75 % of the EU's value of industrial sold production was generated by six member states.
Rising Military Spending to Drive the Asia-Pacific Industrial Power Supply Market
Published: May 2021
Asia-Pacific industrial power supply market is estimated to grow at a CAGR of 6.8% during the forecast period. Rising military spending is one of the major factors accelerating market growth. As per the Stockholm International Peace Research Institute (SIPRI), in 2019, China and India held the second-and third-largest position regarding military spending across the globe.
Growing Industrialization to Drive Industrial Power Supply Market
Published: May 2021
The global industrial power supply market is estimated to grow at a CAGR of 5.2% during the forecast period. Rising industrialization is a key factor boosting the adoption of power supply devices. As per the Center for International Knowledge on Development, China, in 2018, China’s industrial added value reached nearly $4,395.5 billion, 56.7 times compared to 1978, with an average annual growth rate of 10.6%.
Rising Investment in Infrastructure Projects is Driving the Global Concrete Reinforcing Fiber Market
Published: May 2021
The global concrete reinforcing fiber market is estimated to grow at a CAGR of 4.8% during the forecast period. Growing investment in infrastructure projects is a key factor accelerating market growth. The rising urbanization and increasing tourism have been leading the investment in infrastructure projects, which in turn, is contributing to the growth of the market.