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Concrete Fibers Market Size

  • Report ID: GMI4314
  • Published Date: Dec 2024
  • Report Format: PDF

Concrete Fibers Market Size

The global concrete fibers market was valued at USD 2.3 billion in 2024 and is estimated to grow at a CAGR of over 9.7% from 2025 to 2034.

 

The market is witnessing significant growth driven by its widespread application across diverse industries such as construction, infrastructure, and industrial sectors. Concrete fibers, including synthetic, steel, glass, and natural fibers, are increasingly utilized to enhance concrete properties such as durability, tensile strength, and crack resistance. In the construction sector, these fibers find extensive use in residential, commercial, and industrial buildings to improve structural performance and reduce maintenance costs. Infrastructure projects, particularly in roadways, bridges, and tunnels, benefit from fiber-reinforced concrete for its longevity and ability to withstand heavy loads and harsh environmental conditions.
 

The growing emphasis on sustainable and cost-efficient construction practices is fueling the adoption of fibers as they reduce the need for traditional reinforcement materials like steel bars. Emerging trends such as green building initiatives, the rising focus on urbanization, and infrastructure modernization in developing economies are further propelling concrete fibers industry growth.
 

Additionally, advancements in fiber technology, such as improved compatibility with concrete mixtures and the development of eco-friendly fibers, are expanding their application scope. The market is expected to maintain a robust growth trajectory as governments worldwide invest in smart cities and sustainable infrastructure, ensuring steady demand for high-performance concrete solutions.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for concrete fibers was valued at USD 2.3 billion in 2024 and is expected to reach USD 5.8 billion by 2034, driven by a CAGR of over 9.7% from 2025 to 2034.

The steel fiber segment held over USD 471.9 million in 2024 and is anticipated to grow at a 9% CAGR during 2025-2034, driven by its superior mechanical properties.

Germany market was valued at over USD 179.5 million in 2024 and is expected to grow at an 8.5% CAGR, driven by its robust construction sector and focus on high-quality infrastructure.

Major players in the industry include BASF SE, ABC Polymer Industries, Bekaert SA, CEMEX S.A.B. de C.V., Fibercon International, GCP Applied Technologies, Nycon Corporation, Owens Corning, Sika AG, and The Euclid Chemical Company.

Concrete Fibers Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 10
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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