"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Concrete Reinforcing Fiber Market Size, Share, and COVID-19 Impact Analysis, By Fiber Type (Polymers, Steel, Glass, and Others), By End-use Industry (Building & Construction, Transportation Infrastructure, Mining & Tunnel, Industrial Flooring, and Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106752 | Status : Ongoing



Usage of concrete has grown over time as technology has grown and the construction industry's demand for less expensive yet stronger materials continues to grow. The addition of various types of reinforcing to concrete is a key development that has substantially enhanced its strength. Fiber reinforced concrete is one of the more recently investigated varieties of concrete, and it has been shown to have a number of advantages. Concrete reinforcing fiber is primarily driven by the growing demand from the building & construction sector for various applications, including road and infrastructure development, flooring applications, and others.

The concrete reinforcing fiber market is also driven by superior properties provided by fiber reinforced concrete such as high durability, improved load capacity, and high resistivity toward abrasion, corrosion, and early age shrinking. Fibers in concrete can help to minimize a construction project's total energy consumption and contribute to sustainable building standards.

  • The Grand Egyptian Museum, also known as Giza, was renovated using fiber reinforced concrete, owing to superior properties.

With construction being one of the fastest growing sectors, many governments have developed policies to use sustainable and environment-friendly materials. For instance, implementation of green building policies in various countries is one of the prime factors supporting growth.

  • Green Rating for Integrated Habitat Assessment is now the National Rating System of India. Conceived by The Energy and Resources Institute (TERI) and developed jointly with the Ministry of New and Renewable Energy, Government of India, GRIHA is a green building design evaluation system.

  • The U.S. Environmental Protection Agency (EPA) announced that 30 small enterprises in the U.S. will receive USD 3,089,894 in funding to develop breakthrough technology to solve serious environmental and public health issues. For their pioneering efforts in sustainable materials management, three New York-based firms will each receive USD 100,000. These businesses are working on technology to extend the shelf life of dairy goods, supply drywall alternatives, and create high-performance, low-carbon concrete using recycled glass.

Impact of COVID-19 on the Concrete Reinforcing Fiber Market

The concrete reinforcing fiber market is expected to experience growth post pandemic, owing to the rebound activities of the construction sector. As major consumption of the concrete reinforcing fiber is used by cement and concrete manufacturers, the capacity expansion of these manufacturers coupled with rising demand for reinforced concrete is set to grow significantly.

Key Insights

The report covers the following key insights:

  • Regulatory scenario of concrete reinforcing fiber

  • Key development of concrete reinforcing fiber

  • Government initiatives to promote concrete reinforcing fiber

  • Impact of COVID-19 on the market

Analysis by Fiber Type

The global concrete reinforcing fiber market is segmented into polymers, steel, glass, and others on the basis of fiber type.

  • Polymer fibers are generally made of polyurethane, polyester, methyl methacrylate, and others.

  • Glass fibers are used in reinforcing concrete. The mix used for manufacturing panels has almost 4-6% of the fiber content.

Regional Analysis

To gain extensive insights into the market, Request for Customization

Asia Pacific accounts for the largest concrete reinforcing fiber market share due to increasing demand from the construction sector. Also, China and India contribute heavily to the market in APAC, owing to increasing government initiatives supporting constructional activities.

  • According to CLSA (an institutional brokerage and investment group), the Indian cement sector is witnessing improved demand.

  • Indian cement industries reported a substantial turnaround in earnings in the second quarter of FY21, with demand for the industry increasing as a result of rural revival. The demand picture remained positive as rural markets normalized. CLSA anticipates a 14% YoY increase in EBITDA in the cement sector for its coverage stocks in FY21.

Key Players Covered

The report includes the profiles of key players such as Ultratech Concrete, BASF SE, CEMEX S.A.B. de C.V., SIKA AG, Owens Corning, ABC Polymer Industries, LLC, the Euclid Chemical Company, and others.


By Fiber Type

By End-use Industry

By Geography

  • Polymers

  • Steel

  • Glass

  • Others

  • Building & Construction

  • Transportation Infrastructure

  • Mining & Tunnel

  • Industrial Flooring

  • Others

  • North America (U.S. and Canada)

  • Europe (Germany, France, Italy, U.K., and Rest of Europe)

  • Asia Pacific (China, India, Japan, ASEAN, and Rest of APAC)

  • Middle East & Africa (GCC, South Africa, and Rest of MEA)

  • Latin America (Brazil, Mexico, and Rest of LATAM)

Key Industry Developments

  • In August 2021, the MBCC Group agreed to purchase Fabpro Polymers, a leading creator and manufacturer of synthetic fibers for reinforced concrete and other uses in North America. The MBCC Group has agreed to purchase Fabpro Polymers, a leading creator and manufacturer of synthetic fibers for reinforced concrete and other uses in North America.

  • In August 2019, Master Builders Solutions launched a new MasterFiber website. MasterFiber portfolio is a lightweight and durable concrete reinforcement portfolio for sustainable construction.

  • In November 2018, Sika purchased Propex Holding, LLC's global Concrete Fibers business, which comprises a U.S. plant that manufactures synthetic fibers for use in concrete reinforcement, sales operations across Sika's three geographic zones, and a strong brand. Sika's concrete systems for high-value-added solutions required in the construction of high-rise structures and challenging infrastructure projects will benefit greatly from the acquisition.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.