Global Concrete Fiber Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Synthetic Concrete Fiber, Steel Concrete Fiber, Glass Concrete Fiber, Natural Concrete Fiber and Basalt Fiber Reinforced Concrete.

By End-Use Industry;

Transport Infrastructure, Building & Construction, Mining & Tunnel, Industrial Flooring and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120553678 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Concrete Fiber Market (USD Million), 2021 - 2031

In the year 2024, the Global Concrete Fiber Market was valued at USD 2,492.67 million. The size of this market is expected to increase to USD 4,271.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

The global concrete fiber market has witnessed substantial growth in recent years, driven by increasing infrastructure development activities worldwide. Concrete fibers are reinforcing materials added to concrete to enhance its structural integrity, durability, and resistance to cracking. They offer superior properties compared to traditional concrete reinforcement methods, such as steel rebars, including improved impact resistance, reduced shrinkage, and enhanced flexural strength.

Several factors contribute to the growth of the global concrete fiber market. Rising investments in infrastructure projects, especially in emerging economies, propel the demand for durable and high-performance concrete solutions. Moreover, growing urbanization and population expansion drive the need for robust construction materials capable of withstanding diverse environmental conditions. Additionally, advancements in fiber technology, which enable the production of fibers with superior properties, further stimulate market growth.

The market for concrete fibers is segmented based on type, application, end-use sector, and geography. Types of concrete fibers include synthetic fibers (such as polypropylene and polyester) and natural fibers (like steel, glass, and basalt). Applications range from residential buildings to commercial infrastructures and industrial constructions, each requiring specific fiber characteristics to meet performance requirements. Geographically, North America and Europe are prominent markets due to stringent building regulations, while Asia Pacific is emerging as a significant consumer driven by rapid urbanization and infrastructure development initiatives.

The global concrete fiber market is highly competitive, with key players focusing on product innovation, strategic partnerships, and geographic expansion to gain a competitive edge. The future outlook for the market remains optimistic, with continued investments in sustainable construction materials and the adoption of advanced fiber technologies expected to drive further growth. However, challenges such as fluctuating raw material prices and regulatory complexities in different regions could impact market dynamics. Overall, the global concrete fiber market is poised for steady expansion, supported by increasing construction activities and the demand for durable infrastructure solutions worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End-Use Industry
    3. Market Snapshot, By Region
  4. Global Concrete Fiber Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Development
        2. Increasing Urbanization
        3. Growing Construction Activities
        4. Demand for High-performance Concrete
      2. Restraints
        1. High Cost of Fiber Materials
        2. Lack of Awareness
        3. Technical Limitations
        4. Availability of Alternatives
      3. Opportunities
        1. Innovation in Fiber Technology
        2. Emerging Economies Investments
        3. Sustainable Construction Practices
        4. Expansion in Residential Construction
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Concrete Fiber Market, By Type, 2021 - 2031 (USD Million)
      1. Synthetic Concrete Fiber
      2. Steel Concrete Fiber
      3. Glass Concrete Fiber
      4. Natural Concrete Fiber
      5. Basalt Fiber Reinforced Concrete
    2. Global Concrete Fiber Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Transport Infrastructure
      2. Building & Construction
      3. Mining & Tunnel
      4. Industrial Flooring
      5. Others
    3. Global Concrete Fiber Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bekaert SA
      2. Sika AG
      3. Owens Corning
      4. BASF SE
      5. Fibercon International Inc
      6. ABC Polymer Industries LLC
      7. Nycon Corporation
      8. Propex Operating Company LLC
      9. Cemex S.A.B. de C.V
      10. Sisecam Group
  7. Analyst Views
  8. Future Outlook of the Market