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【English Market Research Report】Global Market for Steel Fibers

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The global steel fiber market size is projected to grow from 1.96 billion USD in 2024, with a CAGR of 4.5% during the forecast period, reaching 2.44 billion USD by 2029. Steel fibers are highly adaptable, cost-effective, and suitable for various applications requiring reinforcement, such as concrete, composite materials, and refractories. Hooked steel fibers are the most preferred choice for many reinforcement applications. Hooked steel fibers possess mechanical properties that enhance the crack resistance and durability of reinforced concrete.

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