Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Synthetic Concrete Fibers Market by Type (Macro-Synthetic Fibers, Micro-Synthetic Fibers), By Application (Bridge & Road, Residential Building, Commercial Building, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Synthetic Concrete Fibers Market by Type (Macro-Synthetic Fibers, Micro-Synthetic Fibers), By Application (Bridge & Road, Residential Building, Commercial Building, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137190 3300 Chemical & Material 377 230 Pages 4.9 (38)

Market Overview:

The global synthetic concrete fibers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for synthetic concrete fibers in bridge & road, residential building, and commercial building applications. Additionally, the growing construction industry in emerging economies is also contributing to the growth of the global synthetic concrete fibers market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.

Global Synthetic Concrete Fibers Industry Outlook

Product Definition:

Synthetic concrete fibers are polymer fibers that are used to reinforce concrete. They are added to the mix before it is poured, and they help to prevent cracking and improve the strength of the finished product.

Macro-Synthetic Fibers:

Macro-synthetic fibers are long-chain synthetic polymers, which can be used in various applications including reinforcement for concrete and asphalt. These fibers are produced by the polymerization of short chain monomers. The most commonly used macromonomers include styrene-butadiene (SBR), acrylic acid, and methacrylic acid.

Micro-Synthetic Fibers:

Micro-synthetic fibers are short fibers that are manufactured by bonding synthetic polymers to a core material. The most commonly used micro-synthetic fiber is Polyethylene Terephthalate (PET). PET is the most widely used micro-synthetic fiber in synthetic concrete fibers market on account of its properties such as high strength, durability, and lightweight.

Application Insights:

The bridge & road application segment led the global market in 2017. This is attributed to growing demand for bridges and roads from various applications, such as railway systems, marine navigation, and roadway transportation. In addition, favorable government regulations promoting infrastructure development are expected to drive the growth of the segment over the forecast period.

Residential building was one of the prominent segments that accounted for a significant share in 2017 owing to increasing urbanization across various regions coupled with rising consumer disposable income levels has resulted in increased construction spending by consumers on new residential buildings or renovation of old buildings into apartments or houses. This factor is anticipated to boost product demand over the forecast period.

Commercial building application segment is also projected to witness significant growth during future years due largely on economic recovery from several countries across Europe.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased construction activities. Rapid growth of residential and commercial building sectors on account of increasing population is anticipated to fuel product demand over the forecast period.

Europe accounted for a significant share owing to growing application scope in major countries such as Germany, U.K.

The European Commission announced financial incentives such as grants.

Growth Factors:

  • Increasing demand for lightweight and high-strength concrete products in the construction industry
  • Rising awareness about the benefits of synthetic concrete fibers among architects, engineers, and contractors
  • Growing use of synthetic concrete fibers in precast concrete products
  • Proliferation of advanced manufacturing technologies for producing synthetic concrete fibers
  • Rising investments by key players in research and development to develop innovative synthetic fiber products

Scope Of The Report

Report Attributes

Report Details

Report Title

Synthetic Concrete Fibers Market Research Report

By Type

Macro-Synthetic Fibers, Micro-Synthetic Fibers

By Application

Bridge & Road, Residential Building, Commercial Building, Others

By Companies

BASF, Sika, ABC Polymer, Propex, GCP Applied Technologies, Euclid Chemical, Nycon, BarChip, FORTA, Fabpro Polymers, Ha-Be, Contec Fiber, Belgian Fibers, Kasturi Metal Composite, Taian Tongban Fiber, TianYi, Zibo Longshun Chemical Fiber, Zibo Ruixing

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Synthetic Concrete Fibers Market Report Segments:

The global Synthetic Concrete Fibers market is segmented on the basis of:


Macro-Synthetic Fibers, Micro-Synthetic Fibers

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.


Bridge & Road, Residential Building, Commercial Building, 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:

  1. BASF
  2. Sika
  3. ABC Polymer
  4. Propex
  5. GCP Applied Technologies
  6. Euclid Chemical
  7. Nycon
  8. BarChip
  9. FORTA
  10. Fabpro Polymers
  11. Ha-Be
  12. Contec Fiber
  13. Belgian Fibers
  14. Kasturi Metal Composite
  15. Taian Tongban Fiber
  16. TianYi
  17. Zibo Longshun Chemical Fiber
  18. Zibo Ruixing

Global Synthetic Concrete Fibers Market Overview

Highlights of The Synthetic Concrete Fibers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Macro-Synthetic Fibers
    2. Micro-Synthetic Fibers
  1. By Application:

    1. Bridge & Road
    2. Residential Building
    3. Commercial Building
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Synthetic Concrete Fibers 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

Global Synthetic Concrete Fibers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Synthetic concrete fibers are a type of synthetic material that is made up of small, fibrous pieces. These fibers can be used to create products such as insulation, roofing materials, and flooring. Synthetic concrete fibers are often less expensive than traditional construction materials, making them a popular choice for projects that require a low cost option.

Some of the major companies in the synthetic concrete fibers market are BASF, Sika, ABC Polymer, Propex, GCP Applied Technologies, Euclid Chemical, Nycon, BarChip, FORTA, Fabpro Polymers, Ha-Be, Contec Fiber, Belgian Fibers, Kasturi Metal Composite, Taian Tongban Fiber, TianYi, Zibo Longshun Chemical Fiber, Zibo Ruixing.

The synthetic concrete fibers market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Synthetic Concrete Fibers 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. Synthetic Concrete Fibers Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Synthetic Concrete Fibers Market - Supply Chain
   4.5. Global Synthetic Concrete Fibers Market Forecast
      4.5.1. Synthetic Concrete Fibers Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Synthetic Concrete Fibers Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Synthetic Concrete Fibers Market Absolute $ Opportunity

5. Global Synthetic Concrete Fibers 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. Synthetic Concrete Fibers Market Size and Volume Forecast by Type
      5.3.1. Macro-Synthetic Fibers
      5.3.2. Micro-Synthetic Fibers
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Synthetic Concrete Fibers 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. Synthetic Concrete Fibers Market Size and Volume Forecast by Application
      6.3.1. Bridge & Road
      6.3.2. Residential Building
      6.3.3. Commercial Building
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Synthetic Concrete Fibers 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. Synthetic Concrete Fibers 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 Synthetic Concrete Fibers 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. Synthetic Concrete Fibers 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 Synthetic Concrete Fibers Demand Share Forecast, 2019-2029

9. North America Synthetic Concrete Fibers 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 Synthetic Concrete Fibers 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 Synthetic Concrete Fibers Market Size and Volume Forecast by Application
      9.4.1. Bridge & Road
      9.4.2. Residential Building
      9.4.3. Commercial Building
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Synthetic Concrete Fibers Market Size and Volume Forecast by Type
      9.7.1. Macro-Synthetic Fibers
      9.7.2. Micro-Synthetic Fibers
   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 Synthetic Concrete Fibers Demand Share Forecast, 2019-2029

10. Latin America Synthetic Concrete Fibers 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 Synthetic Concrete Fibers 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 Synthetic Concrete Fibers Market Size and Volume Forecast by Application
      10.4.1. Bridge & Road
      10.4.2. Residential Building
      10.4.3. Commercial Building
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Synthetic Concrete Fibers Market Size and Volume Forecast by Type
      10.7.1. Macro-Synthetic Fibers
      10.7.2. Micro-Synthetic Fibers
   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 Synthetic Concrete Fibers Demand Share Forecast, 2019-2029

11. Europe Synthetic Concrete Fibers 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 Synthetic Concrete Fibers 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 Synthetic Concrete Fibers Market Size and Volume Forecast by Application
      11.4.1. Bridge & Road
      11.4.2. Residential Building
      11.4.3. Commercial Building
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Synthetic Concrete Fibers Market Size and Volume Forecast by Type
      11.7.1. Macro-Synthetic Fibers
      11.7.2. Micro-Synthetic Fibers
   11.8. Basis Pont 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 Synthetic Concrete Fibers Demand Share, 2019-2029

12. Asia Pacific Synthetic Concrete Fibers 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 Synthetic Concrete Fibers 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 Synthetic Concrete Fibers Market Size and Volume Forecast by Application
      12.4.1. Bridge & Road
      12.4.2. Residential Building
      12.4.3. Commercial Building
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Synthetic Concrete Fibers Market Size and Volume Forecast by Type
      12.7.1. Macro-Synthetic Fibers
      12.7.2. Micro-Synthetic Fibers
   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 Synthetic Concrete Fibers Demand Share, 2019-2029

13. Middle East & Africa Synthetic Concrete Fibers 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 Synthetic Concrete Fibers 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 Synthetic Concrete Fibers Market Size and Volume Forecast by Application
      13.4.1. Bridge & Road
      13.4.2. Residential Building
      13.4.3. Commercial Building
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Synthetic Concrete Fibers Market Size and Volume Forecast by Type
      13.7.1. Macro-Synthetic Fibers
      13.7.2. Micro-Synthetic Fibers
   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 Synthetic Concrete Fibers Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Synthetic Concrete Fibers Market: Market Share Analysis
   14.2. Synthetic Concrete Fibers Distributors and Customers
   14.3. Synthetic Concrete Fibers Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BASF Overview Financials Developments Strategic Outlook
      14.4.2. Sika Overview Financials Developments Strategic Outlook
      14.4.3. ABC Polymer Overview Financials Developments Strategic Outlook
      14.4.4. Propex Overview Financials Developments Strategic Outlook
      14.4.5. GCP Applied Technologies Overview Financials Developments Strategic Outlook
      14.4.6. Euclid Chemical Overview Financials Developments Strategic Outlook
      14.4.7. Nycon Overview Financials Developments Strategic Outlook
      14.4.8. BarChip Overview Financials Developments Strategic Outlook
      14.4.9. FORTA Overview Financials Developments Strategic Outlook
      14.4.10. Fabpro Polymers Overview Financials Developments Strategic Outlook
      14.4.11. Ha-Be Overview Financials Developments Strategic Outlook
      14.4.12. Contec Fiber Overview Financials Developments Strategic Outlook
      14.4.13. Belgian Fibers Overview Financials Developments Strategic Outlook
      14.4.14. Kasturi Metal Composite Overview Financials Developments Strategic Outlook
      14.4.15. Taian Tongban Fiber Overview Financials Developments Strategic Outlook
      14.4.16. TianYi Overview Financials Developments Strategic Outlook
      14.4.17. Zibo Longshun Chemical Fiber Overview Financials Developments Strategic Outlook
      14.4.18. Zibo Ruixing Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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