Concrete Fiber Market Size By Product (Steel Fibers, Synthetic Fibers [Polypropylene, Nylon, Polyester], Glass Fibers, Natural Fibers, Basalt Fibers), By Application (Pavement, Shotcrete, Precast, Slabs On Grade, Composite Metal Decks), By End-user (Residential, Industrial & Commercial Infrastructure, Roads & Bridges), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Published Date: Aug 2019  |  Report ID: GMI4314  |  Authors: Kiran Pulidindi, Hemant Pandey

Report Format: PDF   |   Pages: 218   |   Base Year: 2018




Summary Table of Contents Industry Coverage Methodology

Industry Statistics:

Concrete fiber market size was valued at USD 1.5 billion in 2018 and will witness gains at over 9% CAGR from 2019 to 2025. By End-users, industrial & commercial infrastructure segment accounted for a notable share in 2018 and is anticipated to exhibit a remarkable growth rate in the following years.
 

global concrete fiber market

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Growing demand for reinforced concrete with the anti-cracking feature in commercial and industrial infrastructures especially in developing nations will primarily drive the concrete fiber market demand over the forecast timeframe. Applicability of reinforced concrete over its traditional counterparts is steadily growing owing to its high strength and durability.
 

However, its brittle character tends to develop crack under excessive load, therefore manufacturers have developed fibers added in concrete to improve its post-crack performance by controlling the cracks, that helps reduce the propagation of cracking over the whole surface.
 

The fibers provide shrinkage control, also known as secondary reinforcement, that increases tensile strength and ductility of overall concrete structures. These fibers assist in reducing post-construction repairment cost and increase the building & infrastructure life. Concrete fibers especially microfiber, functions as primary reinforcement, and are capable to replace traditional steel wire mesh and rebars.
 

The major drawback behind the product utility is its high usage cost as compared to the traditional steel wire mesh. However, the product’s crack control tendency results in lower post-construction repair, which will subsequently propel overall concrete fiber market during forecast spell.
 

Market by Product

Concrete fiber market is segmented based on the fibers used in the reinforced concrete, that includes, steel fibers, synthetic fibers, glass fibers, natural fibers, and basalt fibers. Synthetic fibers are further sub-segmented according to the different polymer materials such as polypropylene, nylon, polyester, and others. The other segment include carbon, polyethylene, aramid, polyvinyl alcohol fiber (PVA), polyacrylonitrile (PAN), etc.
 

In 2018, synthetic fibers accounted for a prominent share of more than 50% in the global concrete fiber market. Fibers are generally divided based on structural designs, including, long and short length microfibers. Synthetic fibers are mostly available in microfiber design, that is further divided into two types, monofilament, and fibrillated fibers.
 

Fibrillated fibers have numerous end strands for extending grip in the concrete matrix, thus, making it costlier than other types of fibers. Micro steel fibers are generally used to replace steel rebars in the concrete matrix, increasing its multidirectional strength and increasing post crack tendency of the slab.
 

Steel fibers were traditionally preferred in concrete due to their low cost. However, in 2018, the synthetic fiber demand with aid of new microfiber technology, occupied the largest share in the global concrete fiber market demand and will be growing at an unprecedented rate over the forecast period.
 

Concrete Fiber Market Report Coverage
Report Coverage Details
Base Year: 2018 Market Size in 2018: 1.5 Billion (USD)
Historical Data for: 2014 to 2018 Forecast Period: 2019 to 2025
Forecast Period 2019 to 2025 CAGR: 9% 2025 Value Projection: 2.8 Billion (USD)
Pages: 218 Tables, Charts & Figures: 330
Geographies covered (21): U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Nigeria, Saudi Arabia, UAE
Segments covered: Product, Application, End-user and Region
Companies covered (15): BASF, Sika Corporation, Bekaert SA, Euclid Chemical, ABC Polymer Industries, Owens Corning, CEMEX S.A.B. de C.V., Arcelormittal, GCP Applied Technologies, Inc, Forta Corporation, Nycon: Concrete Enhancement, Fibercon International Inc., SRW Concrete, Hunan Sunshine Steel Fiber Co. Ltd, TECHNOBASALT-INVEST LLC
Growth Drivers:
  • Fluctuating raw material prices
  • Operational cost and issues regarding handling the concrete fibers
  • Waste management of synthetic fibers
Pitfalls & Challenges:
  • Fluctuating raw material prices
  • Operational cost and issues regarding handling the concrete fibers
  • Waste management of synthetic fibers

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Market by Application

Concrete fiber market is segregated based on applications such as pavement, shotcrete, precast, slabs on grade, composite metal decks, and others. Slab on grade segment held the primary application share close to 30%. Mainly the industrial type of slab on grade application will grow, owing to the increasing manufacturing activities in economies of Eastern Europe and rapid industrialization in Asia Pacific.
 

This is followed by precast application for building infrastructures such as roads, bridges, residential and commercial buildings. The operational feasibility of precast technology plays the main role in increasing its popularity as a suitable and fast construction method over the traditional in-situ method. The fibers are extensively used in shotcrete application for tunneling & mining purposes. Rapid industrialization coupled with infrastructural growth will drive the fibers to be used in shotcrete applications over the forecast period.
 

Market by End-users

U.S. Concrete Fibers Market by End-User

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The industrial & commercial infrastructure segment accounted for over 35% of concrete fiber market share in 2018. Increased industrial activities in Asia Pacific is expected to boost demand for quality and long-lasting commercial infrastructure such as airports, offices, mining and metro tunnels, etc. In turn, it is projected to promote the fiber’s use in concrete.
 

On the other hand, the residential construction sector is prospering due to growing global population coupled with increased urbanization in Asia Pacific, which will subsequently push the product demand for residential constructions over the forecast period.
 

Market by Region

concrete fiber market by region

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Growing population and corresponding demand for commercial and related infrastructures especially in Asia Pacific and Europe will be the major factor governing the concrete fiber market growth over the forecast period. According to the UN, the global population is expected to increase by 2 billion in the next 30 years. In 2018, over 60% of the population lived in Asia Pacific, i.e. 4.7 billion. The region is also expected to observe a rise in urbanization.
 

According to the World Bank, the region’s urban population is poised to increase by almost 250 million by 2030. There will be an immense need for long-lasting and sturdy construction & infrastructure to accommodate the new urban population. The use of concrete fibers in concrete will aid in such construction, thereby, reducing the post-construction cost in the future.
 

Competitive Market Share

Few of the notable industry players operating in the global concrete fiber market are BASF SA, Sika Corporation, ArcelorMittal, Bekaert Corporation, GCP Applied Technologies, Nycon, Owens Corning, Euclid Chemical and ABC Polymer Industries, among other players. Major players in the value chain are involved in new product development and other strategic initiatives to increase their market share. For instance, BASF and Sika Corporation have developed blended fibers from steel, synthetic and products.
 

Industry Background

The construction industry worldwide is experiencing a variety of innovations in terms of aggregates added to the concrete. This has resulted in the construction of special structures such as heat resistant and anti-weather buildings, which will come to impact concrete fiber market. The demand for such buildings is increasing in fast emerging economies of Asia Pacific.
 

Fibers are being mixed in building mortar since ancient times. In recent decades, the construction players are increasingly becoming aware of the varied attributes of concrete fibers. Synthetic and steel are the most popular type of fibers used in the construction industry. However, the rusting and safety issue arising from the protruding steel fibers has resulted in increasing use of synthetic fibers, as that are easy to operate and widely available over the globe.
 

The concrete fibers market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2014 to 2025, for the following segments:

By Product

  • Steel fibers
    • Synthetic fibers
    • Polypropylene
    • Nylon
    • Polyester
    • Others
  • Glass fibers
  • Natural fibers
  • Basalt fibers

By Application

  • Pavement
  • Shotcrete
  • Precast
  • Slabs on grade
  • Composite metal decks
  • Others

By End-user

  • Residential
  • Industrial & commercial infrastructure
  • Roads & bridges
  • Others

The above information is provided on a regional and country basis for the following:

By Region

  • North America
    • U.S.
    • Canada 
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Nigeria
    • Saudi Arabia
    • UAE
       

 

Frequently Asked Questions (FAQ) :

According to the report published by Global Market Insights, the concrete fiber market is expected to hit at $2.8 Billion (USD) by 2025.
Fluctuating raw material prices, operational cost and issues regarding handling the concrete fibers and waste management of synthetic fibers are the key factors expected to drive the growth of global market.
Based on application, the slabs on grade segment held the largest share of around 30% in 2018 and is anticipated to exhibit a remarkable growth rate during the forecast period.
BASF SA, Sika Corporation, ArcelorMittal, Bekaert Corporation, GCP Applied Technologies, Nycon, Owens Corning, Euclid Chemical and ABC Polymer Industries are the top contributors in the industry.

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