Market Overview:
The global steel fiber for concrete market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 3,711.5 Mn by 2030, registering a CAGR of 10.9% from 2018 to 2030. In terms of volume, the global steel fiber for concrete market is expected to reach 2,584 KT by 2030. The growth of the global steel fiber for concrete market can be attributed to increasing demand from construction sector across the globe. Steel fibers are used as reinforcement in concrete which helps in improving its mechanical properties such as compressive strength and flexural strength among others. Additionally, growing awareness about benefits offered by using steel fibers over traditional reinforcement materials is also propelling the growth of the global steel fiber for concrete market during the forecast period (2018-2030).
Product Definition:
A steel fiber is a long, thin piece of metal that is used to reinforce concrete. Steel fibers help to strengthen the concrete and make it more resistant to cracking.
Cold-drawn Wire:
Introduction of cold-drawn wire has revolutionized the steel fiber concrete (SFC) market. The product is used in SFC mix to enhance its durability and strength. It also helps in increasing the tensile strength of the final product, thus reducing cracking problems during construction. Cold-drawn products have a lower carbon footprint as compared to hot-rolled products, which makes them suitable for use in ecofriendly buildings such as greenhouses and high rise apartments with limited space available for construction materials.
Cut Sheet:
The cut sheet is a steel plate that has been pre-shaped into the desired shape for use in reinforced concrete. The most common application of cut sheets is in the form of rebar, which is used to provide tensile strength to a concrete structure.
The global market for cut sheet and it's usage in steel fiber for concrete was valued at USD 856 million in 2016.
Application Insights:
The construction application segment led the global steel fiber for concrete market in 2017, accounting for over 60.0% share of the overall revenue. Steel fibers help in reducing shrinkage when compared to traditional concrete and also reduce cracking due to thermal expansion and contraction. The product helps enhance the aesthetic appeal of a structure by providing an opaque look as well as enhancing the corrosion resistance properties of a structure.
The product is widely used in flooring applications owing to its superior load-bearing capacity along with other benefits such as enhanced durability and improved surface finish compared to conventional reinforced Concrete (RC). In addition, it reduces maintenance costs on account of fewer cracks on floors caused due to thermal expansion &contraction or differential heating between winter & summer months.
Regional Analysis:
Asia Pacific dominated the global steel fiber concrete market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% in 2016 owing to high construction activities mainly driven by rapid urbanization and rising disposable income. In addition, increasing investments from foreign players are anticipated to fuel industry growth over the next eight years.
The European market was valued at USD X million in 2016 and is projected to witness moderate growth over the forecast period on account of stringent environmental regulations regarding carbon emissions coupled with growing need for sustainable construction practices resulting into product demand. Moreover, presence of major manufacturers including Astaldi SpA; CRH Group; SsangYong Concrete Co., Ltd.; Cemex Mexico Inc.; Ramboll Construction Company A/S among others will augment industry size during the same period.
Growth Factors:
- Increasing demand for steel fiber reinforced concrete in infrastructure and construction projects due to its high strength and durability.
- Rising awareness about the benefits of using steel fiber reinforced concrete among architects, engineers, and contractors.
- Growing demand for precast concrete products in the construction industry.
- Technological advancements in the production of steel fibers that improve their performance and durability.
- Rising disposable income levels of consumers leading to an increase in spending on construction projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Fiber for Concrete Market Research Report
By Type
Cold-drawn Wire, Cut Sheet, Melt-extracted, Mill Cut, Modified Cold-drawn Wire
By Application
Construction, Floor, Others
By Companies
Bekaert, Spajic, ABC Polymer Industries, Cemex, Fibercon International, Harex, Nycon Corporation, Propex Global, Sika, GUVEN METAL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Steel Fiber for Concrete Market Report Segments:
The global Steel Fiber for Concrete market is segmented on the basis of:
Types
Cold-drawn Wire, Cut Sheet, Melt-extracted, Mill Cut, Modified Cold-drawn Wire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Floor, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bekaert
- Spajic
- ABC Polymer Industries
- Cemex
- Fibercon International
- Harex
- Nycon Corporation
- Propex Global
- Sika
- GUVEN METAL
Highlights of The Steel Fiber for Concrete Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cold-drawn Wire
- Cut Sheet
- Melt-extracted
- Mill Cut
- Modified Cold-drawn Wire
- By Application:
- Construction
- Floor
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steel Fiber for Concrete Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steel fiber is a type of reinforcing steel that is used in concrete to increase the strength and durability of the material. Steel fibers are small pieces of metal that are embedded in the concrete, and they help to reinforce the structure. This makes it more resistant to damage, which can lead to longer lasting repairs or replacements.
Some of the major players in the steel fiber for concrete market are Bekaert, Spajic, ABC Polymer Industries, Cemex, Fibercon International, Harex, Nycon Corporation, Propex Global, Sika, GUVEN METAL.
The steel fiber for concrete market is expected to grow at a compound annual growth rate of 10.9%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Fiber for Concrete Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steel Fiber for Concrete Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Fiber for Concrete Market - Supply Chain
4.5. Global Steel Fiber for Concrete Market Forecast
4.5.1. Steel Fiber for Concrete Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Fiber for Concrete Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Fiber for Concrete Market Absolute $ Opportunity
5. Global Steel Fiber for Concrete Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steel Fiber for Concrete Market Size and Volume Forecast by Type
5.3.1. Cold-drawn Wire
5.3.2. Cut Sheet
5.3.3. Melt-extracted
5.3.4. Mill Cut
5.3.5. Modified Cold-drawn Wire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Fiber for Concrete Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steel Fiber for Concrete Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Floor
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Fiber for Concrete Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steel Fiber for Concrete Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steel Fiber for Concrete Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steel Fiber for Concrete Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steel Fiber for Concrete Demand Share Forecast, 2019-2026
9. North America Steel Fiber for Concrete Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steel Fiber for Concrete Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steel Fiber for Concrete Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Floor
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Fiber for Concrete Market Size and Volume Forecast by Type
9.7.1. Cold-drawn Wire
9.7.2. Cut Sheet
9.7.3. Melt-extracted
9.7.4. Mill Cut
9.7.5. Modified Cold-drawn Wire
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steel Fiber for Concrete Demand Share Forecast, 2019-2026
10. Latin America Steel Fiber for Concrete Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steel Fiber for Concrete Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steel Fiber for Concrete Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Floor
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Fiber for Concrete Market Size and Volume Forecast by Type
10.7.1. Cold-drawn Wire
10.7.2. Cut Sheet
10.7.3. Melt-extracted
10.7.4. Mill Cut
10.7.5. Modified Cold-drawn Wire
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steel Fiber for Concrete Demand Share Forecast, 2019-2026
11. Europe Steel Fiber for Concrete Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steel Fiber for Concrete Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steel Fiber for Concrete Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Floor
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Fiber for Concrete Market Size and Volume Forecast by Type
11.7.1. Cold-drawn Wire
11.7.2. Cut Sheet
11.7.3. Melt-extracted
11.7.4. Mill Cut
11.7.5. Modified Cold-drawn Wire
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steel Fiber for Concrete Demand Share, 2019-2026
12. Asia Pacific Steel Fiber for Concrete Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steel Fiber for Concrete Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steel Fiber for Concrete Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Floor
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Fiber for Concrete Market Size and Volume Forecast by Type
12.7.1. Cold-drawn Wire
12.7.2. Cut Sheet
12.7.3. Melt-extracted
12.7.4. Mill Cut
12.7.5. Modified Cold-drawn Wire
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steel Fiber for Concrete Demand Share, 2019-2026
13. Middle East & Africa Steel Fiber for Concrete Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steel Fiber for Concrete Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steel Fiber for Concrete Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Floor
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Fiber for Concrete Market Size and Volume Forecast by Type
13.7.1. Cold-drawn Wire
13.7.2. Cut Sheet
13.7.3. Melt-extracted
13.7.4. Mill Cut
13.7.5. Modified Cold-drawn Wire
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steel Fiber for Concrete Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Fiber for Concrete Market: Market Share Analysis
14.2. Steel Fiber for Concrete Distributors and Customers
14.3. Steel Fiber for Concrete Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bekaert
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Spajic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABC Polymer Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cemex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fibercon International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Harex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nycon Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Propex Global
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sika
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GUVEN METAL
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
