Global Concrete Reinforcing Fiber
Market Report
2025
Concrete Reinforcing Fiber market size is USD 2.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.50% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Concrete Reinforcing Fiber market size is USD 2.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.50% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Concrete Reinforcing Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 7.5% |
North America Concrete Reinforcing Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 6% |
Europe Concrete Reinforcing Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 6.2% |
Asia Pacific Concrete Reinforcing Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 1.38% |
South America Concrete Reinforcing Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 7.2% |
Middle East and Africa Concrete Reinforcing Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 7.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Concrete Reinforcing Fiber Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The reinforcing concrete is the industry that produces, distributes, and uses reinforcing fibers—which are added to concrete to improve its strength, durability, and performance—is referred to as the fiber market. Growth driven by rising cement demand due to its superior qualities, which include increased load capacity, durability, excellent corrosion resistance, and so forth.
December 2021: Through a cooperation with CiDRA Concrete Systems Inc., Sika AG will expand its activities into both Canada and the USA. Building contractors will have access to current knowledge about different building materials because of this firm.
A key driver in the Concrete Reinforcing Fiber market is the increasing emphasis on sustainable construction practices. As environmental awareness rises, there is a growing demand for construction materials that enhance the durability and longevity of structures while minimizing environmental impact. Reinforcing fibers contribute to sustainable construction by improving the performance of concrete, reducing the need for repairs and replacements. This trend is driven by regulatory initiatives promoting eco-friendly building practices and a broader industry shift towards incorporating materials that align with long-term environmental goals.
In 2020, The STRUX 90/40 macro synthetic fibers mobile app solution, which can be utilized in a number of concrete applications, had its version 2.0 launched by GCP Applied Technologies Inc.
The concrete reinforcing fiber market is significantly influenced by infrastructure development and urbanization trends. Rapid urbanization, coupled with a surge in infrastructure projects globally, fuels the demand for construction materials that can meet the challenges of modern, high-stress environments. Reinforcing fibers enhance the strength and resilience of concrete, making it well-suited for critical infrastructure such as bridges, highways, and tunnels. Governments and private entities investing in large-scale construction projects to support urban growth and modernize existing infrastructure are key drivers for the widespread adoption of reinforcing fibers in the construction industry.
In August 2021, the MBCC group decided to buy Fabpro Polymers, a top producer of synthetic fibers in North America for use in reinforced concrete and other applications.
High cost and affordability concerns are a major barrier to the market for concrete reinforcing fiber. Although reinforcing fibers are more durable and perform better than regular concrete, they can be more expensive initially. Due to perceived financial challenges, construction projects—especially those with limited resources—may be reluctant to use fiber-reinforced concrete. To overcome this constraint, industry participants must highlight the long-term advantages of lower maintenance and longer lifespans, proving that the initial cost of reinforcing fibers is recouped over the structure's life cycle.
The COVID-19 pandemic significantly impacted the concrete reinforcing fiber market as it led to widespread disruptions across the construction industry. Lockdowns, supply chain disruptions, and a slowdown in construction activities resulted in challenges for manufacturers, causing delays in production and procurement of raw materials. The reduced demand for construction materials, including reinforcing fibers, due to project delays and financial strain on construction companies further contributed to the market's downturn. However, as economies began to recover, stimulus packages and renewed emphasis on infrastructure development spurred a gradual rebound in the Concrete Reinforcing Fiber market. The pandemic prompted a reassessment of construction priorities, with a heightened focus on resilience and sustainability, ultimately influencing the market's recovery trajectory.
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The concrete reinforcing fiber market is characterized by intense competition and a landscape marked by innovation and strategic collaborations. Key players are investing significantly in research and development to introduce advanced fiber solutions that enhance the durability and performance of concrete in diverse applications
(Source: www.basf.com/global/en/media/news-releases/2019/08/p-19-290.html)
Top Companies Market Share in Concrete Reinforcing Fiber Industry: (In no particular order of Rank)
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According to Cognitive Market Research, the global Concrete Reinforcing Fiber market size was estimated at USD 2.5 Billion, with North America emerging as the largest growing region, contributing to more than 38% of the total global revenue. In 2023, the market size in North America reached USD 0.95 billion, indicating substantial and sustained growth. Forecasts project a continued upward trajectory, with a forecasted compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. The Regional analysis underscores North America's pivotal role, emphasizing its influence on the global Concrete Reinforcing Fiber market. Segmentation analysis delves into specific applications, construction types, and industry verticals within the region, revealing unique trends and opportunities that drive the exceptional growth rate. In conclusion, North America stands at the forefront of the Concrete Reinforcing Fiber market's growth, leveraging its robust construction sector and commitment to infrastructure development.
According to Cognitive Market Research, the global Concrete Reinforcing Fiber market size was estimated at USD 2.5 Billion, with Asia Pacific emerging as the fastest-growing region, contributing to more than 22% of the total global revenue. In 2023, the market size in Asia Pacific reached USD 0.55 billion, marking a significant and rapid growth trajectory. Forecasts project a continued upward trajectory, with a forecasted compound annual growth rate (CAGR) of 1.38 from 2023 to 2030.The Regional analysis underscores Asia Pacific's pivotal role, elucidating its impact on the global Concrete Reinforcing Fiber market. Segmentation analysis provides insights into specific applications, construction types, and industry verticals within the region, revealing unique trends and opportunities that drive the exceptional growth rate. In conclusion, Asia Pacific stands as the epicenter of rapid growth in the Concrete Reinforcing Fiber market, driven by robust construction activities and a growing awareness of the benefits of incorporating reinforcing fibers in concrete structures.
The current report Scope analyzes Concrete Reinforcing Fiber Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Concrete Reinforcing Fiber market size was estimated at USD 2.5 Billion, with North America emerging as the largest growing region, contributing to more than 38% of the total global revenue. In 2023, the market size in North America reached USD 0.95 billion, indicating substantial and sustained growth. Forecasts project a continued upward trajectory, with a forecasted compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. The Regional analysis underscores North America's pivotal role, emphasizing its influence on the global Concrete Reinforcing Fiber market. Segmentation analysis delves into specific applications, construction types, and industry verticals within the region, revealing unique trends and opportunities that drive the exceptional growth rate. In conclusion, North America stands at the forefront of the Concrete Reinforcing Fiber market's growth, leveraging its robust construction sector and commitment to infrastructure development.
According to Cognitive Market Research, the global Concrete Reinforcing Fiber market size was estimated at USD 2.5 Billion, with Europe standing out as a significant contributor, representing more than 32% of the total global revenue. In 2023, the market size in Europe reached USD 0.80 billion, indicating robust and sustained growth. Forecasts project a continued upward trajectory, with a CAGR of 6.2% from 2023 to 2030. The Regional analysis sheds light on Europe's pivotal role, highlighting its influence on the global Concrete Reinforcing Fiber market. Segmentation analysis offers insights into specific applications, construction types, and industry verticals within the region, revealing unique trends and opportunities driving the exceptional growth rate. In conclusion, Europe stands as a key driver in the Concrete Reinforcing Fiber market, leveraging its well-established construction sector and commitment to sustainable building practices. With a robust growth trajectory, Europe is poised to maintain its leadership, shaping the global landscape of the Concrete Reinforcing Fiber market by fostering innovation and meeting the evolving demands for resilient and eco-friendly construction materials in the coming years.
According to Cognitive Market Research, the global Concrete Reinforcing Fiber market size was estimated at USD 2.5 Billion, with Asia Pacific emerging as the fastest-growing region, contributing to more than 22% of the total global revenue. In 2023, the market size in Asia Pacific reached USD 0.55 billion, marking a significant and rapid growth trajectory. Forecasts project a continued upward trajectory, with a forecasted compound annual growth rate (CAGR) of 1.38% from 2023 to 2030.The Regional analysis underscores Asia Pacific's pivotal role, elucidating its impact on the global Concrete Reinforcing Fiber market. Segmentation analysis provides insights into specific applications, construction types, and industry verticals within the region, revealing unique trends and opportunities that drive the exceptional growth rate.In conclusion, Asia Pacific stands as the epicenter of rapid growth in the Concrete Reinforcing Fiber market, driven by robust construction activities and a growing awareness of the benefits of incorporating reinforcing fibers in concrete structures.
According to Cognitive Market Research, the global Concrete Reinforcing Fiber market size was estimated at USD 2.5 Billion, with the Latin America region emerging as a noteworthy contributor, representing more than 5% of the total global revenue. In 2023, the market size in Latin America reached USD 0.13 billion, signaling robust and accelerating growth. Forecasts project a continued upward trajectory, with a forecasted compound annual growth rate (CAGR) of 7.2% from 2023 to 2030.The Regional analysis underscores Latin America's pivotal role, emphasizing its influence on the global Concrete Reinforcing Fiber market. Segmentation analysis delves into specific applications, construction types, and industry verticals within the region, revealing unique trends and opportunities that drive the exceptional growth rate. In conclusion, Latin America stands as a burgeoning force in the Concrete Reinforcing Fiber market, leveraging its growing construction sector and infrastructure projects. With a robust growth trajectory, Latin America is poised to maintain its momentum, contributing to the global dynamics of the Concrete Reinforcing Fiber market and fostering sustainable and resilient building practices in the region.
According to Cognitive Market Research, the global Concrete Reinforcing Fiber market size was estimated at USD 2.5 Billion, with the Middle East and Africa (MEA) region emerging as a significant contributor, representing more than 3.00% of the total global revenue. In 2023, the market size in the MEA region reached USD 0.08 billion, signifying robust and accelerating growth. Forecasts project a continued upward trajectory, with a CAGR of 7.3% from 2023 to 2030.The Regional analysis emphasizes the Middle East and Africa's influential role, elucidating its impact on the global Concrete Reinforcing Fiber market. Segmentation analysis provides insights into specific applications, construction types, and industry verticals within the region, revealing unique trends and opportunities driving the exceptional growth rate. In conclusion, the Middle East and Africa stand as key players in the Concrete Reinforcing Fiber market, leveraging their rapid development and construction activities.
Global Concrete Reinforcing Fiber Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Concrete Reinforcing Fiber Industry growth. Concrete Reinforcing Fiber market has been segmented with the help of its Type, Application , and others. Concrete Reinforcing Fiber market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, steel concrete fibers emerge as the dominant category in the concrete reinforcing fiber market, owing to their widespread usage and robust reinforcement properties. Steel concrete fibers enhance the tensile strength and crack resistance of concrete, providing structural integrity to constructions in various applications, including roads, bridges, and buildings. The market dominance of steel concrete fibers underscores the material's reliability and effectiveness in optimizing the performance and longevity of concrete structures.
Synthetic concrete fibers take the lead as the fastest-growing category in the concrete reinforcing fiber market. The increasing demand for sustainable and high-performance construction materials has fuelled the adoption of synthetic fibers. These fibers, often made from materials like polypropylene or polyethylene, offer excellent corrosion resistance and reduced carbon footprint compared to traditional alternatives. The versatility of synthetic concrete fibers in enhancing concrete properties, such as impact resistance and durability, positions them as a rapidly evolving and innovative solution in modern construction practices. The market's accelerated interest in synthetic concrete fibers reflects a shift towards eco-friendly and efficient construction materials.
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According to Cognitive Market Research, the dominant application category is building construction. Concrete reinforcing fibers play a pivotal role in enhancing the structural integrity and durability of buildings. The demand for robust and resilient construction materials has fuelled the widespread use of reinforcing fibers in building projects. Whether used in residential, commercial, or industrial structures, the application of concrete reinforcing fibers in building construction ensures increased tensile strength and resistance to cracking, contributing to the longevity and stability of the constructed buildings.
The fastest-growing application category in the concrete reinforcing fiber market is road construction. Concrete reinforcing fibers provide critical support by improving the flexural strength and resistance of road structures to withstand heavy traffic loads, reduce cracking, and enhance overall performance.
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The Global Concrete Reinforcing Fiber Market is witnessing significant growth in the near future.
In 2023, the Steel Concrete Fiber segment accounted for noticeable share of global Concrete Reinforcing Fiber Market and is projected to experience significant growth in the near future.
The Bridge segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF SE , CEMEX S.A.B. de C.V. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Steel Concrete Fiber, Synthetic Concrete Fiber, Glass Concrete Fiber, Others |
Application | Bridge, Road, Building, Other |
List of Competitors | BASF SE, Bekaert, CEMEX S.A.B. de C.V., Sika AG, ABC Polymer Industries, LLC, Nycon Corporation, Ultratech Concrete |
This chapter will help you gain GLOBAL Market Analysis of Concrete Reinforcing Fiber. Further deep in this chapter, you will be able to review Global Concrete Reinforcing Fiber Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Concrete Reinforcing Fiber. Further deep in this chapter, you will be able to review North America Concrete Reinforcing Fiber Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Concrete Reinforcing Fiber. Further deep in this chapter, you will be able to review Europe Concrete Reinforcing Fiber Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Concrete Reinforcing Fiber. Further deep in this chapter, you will be able to review Asia Pacific Concrete Reinforcing Fiber Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Concrete Reinforcing Fiber. Further deep in this chapter, you will be able to review South America Concrete Reinforcing Fiber Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Concrete Reinforcing Fiber. Further deep in this chapter, you will be able to review Middle East Concrete Reinforcing Fiber Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Concrete Reinforcing Fiber. Further deep in this chapter, you will be able to review Middle East Concrete Reinforcing Fiber Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Concrete Reinforcing Fiber. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Concrete Reinforcing Fiber market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Steel Concrete Fiber have a significant impact on Concrete Reinforcing Fiber market? |
What are the key factors affecting the Steel Concrete Fiber and Synthetic Concrete Fiber of Concrete Reinforcing Fiber Market? |
What is the CAGR/Growth Rate of Bridge during the forecast period? |
By type, which segment accounted for largest share of the global Concrete Reinforcing Fiber Market? |
Which region is expected to dominate the global Concrete Reinforcing Fiber Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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