"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Steel Fiber Market Size, Share & Industry Analysis, By Materials ( Hooked, Straight, Deformed, Others ), By Application ( Concrete reinforcement, Composite reinforcement, Refractories, Others ) and regional forecast 2023-2030

Region : Global | Report ID: FBI104123 | Status : Ongoing



Steel concrete reinforcement fibres are classified as short, discrete lengths of steel fibres with an aspect ratio (length to diameter ratio) of approximately 20 to 100, with different thicknesses. These fibres are sufficiently small to be uniformly distributed using the normal blending procedures in an unenameled concrete composition.

Steel fibre is increasingly used in construction industries owing to its compression strength, splitting tensile strength and flexural strength. With the growth of infrastructure in the developing and developed economies, major investments have been made in the building of highways, buildings and channel for river banking. These civil infrastructure projects boost the usage of durable and cost-effective steel fibre materials. However, steel fibres are made from different proportions of steel and synthetic fibres, which leads to the different properties. The difference in concrete strength and corrosion resistance impacts the overall performance. Such factors restrains the market growth.

Market Segmentation:

Based on product type, the market for steel fiber is further segmented into hooked, straight, deformed, and others. Based on application, the market for steel fiber is further segmented into concrete reinforcement, composite reinforcement, refractories, and others . From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Market Driver -

Increasing application in construction industries is driving the market.

Key Market Restraint -

Indefinite proportions result in lack of performance thus restrict the industry growth.

Key Players Covered:

The global & regional players operating in the steel fiber market includes Arcelor Mittal, Bekaert, Fibrometals, Nippon Seisen, Zhejiang Boean Metal Products, Green Steel Group, Spajic Doo, Hunan Sunshine Steel Fiber, Yuthian Zhitai Steel Fiber Manufacturing, R. STAT and others.

Key Insights

  • New Advancements in Production Technologies

  • Key Trends in the steel fiber market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market

Regional Analysis:

Asia Pacific dominates the demand for steel fiber in 2019. High demand for steel fibers across the construction industries have fuelled the market growth in the region. The efficient features such as resistance to cracking, elevated tensile strength, and toughness has led to the increasing demand for the product. Emerging economies such as China and India are prominent consumers of steel fibre, due to growing investments in the infrastructure projects. North America represents the second largest share of the global steel fibre market, owing to the favorable growth showcased by the construction industry in the U.S. Europe is at the forefront of steady business growth. Increasing adoption of steel fibre in industrial flooring, warehouses, parking lots, motor roads and other end use industries has boosted the growth of market in European countries. Germany is expected to be the fastest growing markets for steel fibres. Latin America, Middle East and Africa have witnessed steady growth in the global steel fibre industry attributed to the substantial growth in the construction sector.

To gain extensive insights into the market, Request for Customization




By Materials

  • Hooked

  • Straight

  • Deformed

  • Others

By Application

  • Concrete reinforcement

  • Composite reinforcement

  • Refractories

  • Others

By Geography

  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, Southeast Asia and Rest of Asia Pacific)

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

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


  • Ongoing
  • 2022
  • 2019-2021


  • $4850

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

“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.”

- UGlobal 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.