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Steel Fiber Market Size, Share & Trends Analysis Report By Product (Hooked, Deformed, Straight), By Application (Slabs & Flooring, Pavements & Tunneling, Precast), By Region, And Segment Forecasts, 2025 - 2030

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  • 80 Pages
  • January 2025
  • Region: Global
  • Grand View Research
  • ID: 6052282
Description Jump to:
The global steel fiber market size is expected to reach USD 3.19 billion by 2030, registering a CAGR of 5.3% from 2025 to 2030. Rise in industrial flooring application is anticipated to fuel the market growth.

Concrete floor slab is vital structural component in industrial companies. Basic requirement for such flooring applications is adequate reinforcement to avoid the cracks. Demand of steel fibers is projected to grow on account of increasing use of steel fiber in industrial flooring in the fast-track construction. This is mainly due to added advantages, such as high toughness and ductility and tighter crack control offered by these products over conventional reinforcement products.

Increasing investments in transportation sector is promising area for the market vendors due to use of steel fiber in roadways. Construction of roadways is growing at rapid pace in countries, such as India wherein transport infrastructure is key focus of the government. For instance, construction of highways in India has increased from 8,231 km in 2017 to 9,829 km in 2018, with year-on-year growth of nearly 20%. Wherein, Government of India spent around USD 18 billion in 2018 for road infrastructure.

Major manufacturers operating in the steel fiber market are focused on providing support services in order to deploy the products in non-structural applications. In their post-sale services, sales representatives of manufacturing companies assist in determining size, type, and volume of products require for reinforcement applications. These factors are projected to drive the application of steel fiber products in building and construction sector in the forthcoming years.

In developing countries, code provisions and experimental data about the product is not available adequately. Lack of skilled persons and hesitancy among engineers and practitioners to deploy these products for structural applications is likely to hinder the market growth over the forecast period.

Steel Fiber Market Report Highlights

  • The hooked steel fibers dominated the market and accounted for the largest revenue share of 65.1% in 2024. This growth is attributed to their exceptional ability to provide superior anchorage within concrete matrices, offering excellent crack control and enhanced tensile strength.
  • The slabs & flooring dominated the global steel fiber industry with the largest revenue share of 46.4% in 2024, primarily driven by increasing demand for non-structural and architectural building components, with concrete reinforcement playing a pivotal role.
  • The Asia Pacific steel fiber market dominated the global market and accounted for the largest revenue share of 33.6% in 2024. This growth is attributed to rapid urbanization, extensive infrastructure development, and significant construction projects.
  • The North America steel fiber market is expected to grow significantly over the forecast period, owing to technological advancements, significant infrastructure reconstruction activities, and growing demand in mining and construction industries

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Steel Fibers Market Variables, Trends & Scope
3.1. Global Steel Fibers Market Outlook
3.2. Industry Value Chain Analysis
3.3. Average Price Trend Analysis
3.4. Supply-Demand Gap Analysis, 2024
3.5. Regulatory Framework
3.5.1. Policies and Incentive Plans
3.5.2. Standards and Compliances
3.5.3. Regulatory Impact Analysis
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Porter’s Five Forces Analysis
3.7.1. Supplier Power
3.7.2. Buyer Power
3.7.3. Substitution Threat
3.7.4. Threat from New Entrant
3.7.5. Competitive Rivalry
3.8. PESTEL Analysis
3.8.1. Political Landscape
3.8.2. Economic Landscape
3.8.3. Social Landscape
3.8.4. Technological Landscape
3.8.5. Environmental Landscape
3.8.6. Legal Landscape
Chapter 4. Steel Fibers Market: Product Outlook Estimates & Forecasts
4.1. Steel Fibers Market: Product Movement Analysis, 2024 & 2030
4.1.1. Hooked
4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.2. Straight
4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.3. Deformed
4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.4. Others
4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Steel Fibers Market: Application Outlook Estimates & Forecasts
5.1. Steel Fibers Market: Application Movement Analysis, 2024 & 2030
5.1.1. Slabs & Flooring
5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.2. Precast
5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.3. Pavements & Tunneling
5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.4. Others
5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Steel Fibers Market Regional Outlook Estimates & Forecasts
6.1. Regional Snapshot
6.2. Steel Fibers Market: Regional Movement Analysis, 2024 & 2030
6.3. North America
6.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.4. U.S.
6.3.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.5. Canada
6.3.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.3.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.6. Mexico
6.3.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.3.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4. Europe
6.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.4. Germany
6.4.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.5. UK
6.4.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.6. Russia
6.4.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5. Asia Pacific
6.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.4. China
6.5.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.5. India
6.5.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.5.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.6. Japan
6.5.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.5.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.7. Malaysia
6.5.7.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.5.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6. Latin America
6.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.4. Brazil
6.6.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.7. Middle East & Africa
6.7.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.7.4. Saudi Arabia
6.7.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.7.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.7.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Vendor Landscape
7.2.1. Company Categorization
7.2.2. List of Key Distributors and Channel Partners
7.2.3. List of Potential Customers/End Users
7.3. Competitive Dynamics
7.3.1. Competitive Benchmarking
7.3.2. Strategy Mapping
7.3.3. Heat Map Analysis
7.4. Company Profiles/Listing
7.4.1. ArcelorMittal
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Strategic Initiatives
7.4.2. Bekaert
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Strategic Initiatives
7.4.3. Fibrometals
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Strategic Initiatives
7.4.4. Green Steel Group
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Strategic Initiatives
7.4.5. Kerakoll SpA
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Strategic Initiatives
7.4.6. KOSTEEL CO, LTD.
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Strategic Initiatives
7.4.7. Nippon Seisen Co., Ltd.
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Strategic Initiatives
7.4.8. Severstal
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Strategic Initiatives
7.4.9. SIKA AG
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Strategic Initiatives
7.4.10. SPAJIC DOO
7.4.10.1. Participant’s Overview
7.4.10.2. Financial Performance
7.4.10.3. Product Benchmarking
7.4.10.4. Strategic Initiatives
7.4.11. Zhejiang Boen Metal Products Co. Ltd
7.4.11.1. Participant’s Overview
7.4.11.2. Financial Performance
7.4.11.3. Product Benchmarking
7.4.11.4. Strategic Initiatives
List of Tables
Table 1. List of Abbreviations
Table 2. Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 3. Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 4. Steel Fibers Market Estimates and Forecasts, By Region, 2018 - 2030 (Kilotons) (USD Million)
Table 5. North America Steel Fibers Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 6. North America Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 7. North America Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 8. U.S. Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 9. U.S. Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 10. Canada Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 11. Canada. Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 12. Mexico Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 13. Mexico Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 14. Europe Steel Fibers Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 15. Europe Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 16. Europe Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 17. Germany Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 18. Germany Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 19. UK Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 20. UK Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 21. Russia Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 22. Russia Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 23. Asia Pacific Steel Fibers Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 24. Asia Pacific Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 25. Asia Pacific Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 26. China Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 27. China Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 28. India Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 29. India Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 30. Japan Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 31. Japan Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 32. Malaysia Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 33. Malaysia Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 34. Latin America Steel Fibers Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 35. Latin America Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 36. Latin America Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 37. Brazil Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 38. Brazil Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 39. Middle East & Africa Steel Fibers Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 40. Middle East & Africa Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 41. Middle East & Africa Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 42. Saudi Arabia Steel Fibers Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
Table 43. Saudi Arabia Steel Fibers Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
List of Figures
Fig. 1 Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation and Validation
Fig. 5 Market Snapshot
Fig. 6 Segmental Outlook- Product, Application, and Region
Fig. 7 Competitive Outlook
Fig. 8 Value Chain Analysis
Fig. 9 Market Dynamics
Fig. 10 Porter’s Analysis
Fig. 11 PESTEL analysis
Fig. 12 Steel Fibers Market, By Product: Key Takeaways
Fig. 13 Steel Fibers Market, By Product: Market Share, 2024 & 2030
Fig. 14 Hooked Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 15 Straight Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 16 Deformed Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 17 Others Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 18 Steel Fibers Market, By Application: Key Takeaways
Fig. 19 Steel Fibers Market, By Application: Market Share, 2024 & 2030
Fig. 20 Slabs & Flooring Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 21 Precast Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 22 Pavements & Tunneling Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 23 Others Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 24 Steel Fibers Market, By Region: Key Takeaways
Fig. 25 Steel Fibers Market, By Region: Market Share, 2024 & 2030
Fig. 26 North America Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 27 US Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 28 Canada Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 29 Mexico Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 30 Europe Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 31 Germany Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 32 UK Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 33 Russia Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 34 Asia Pacific Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 35 China Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 36 India Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 37 Japan Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 38 Malaysia Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 39 Latin America Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 40 Brazil Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 41 Middle East and Africa Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 42 Saudi Arabia Steel Fibers Market, 2018 - 2030 (Kilotons) (USD Million)

Companies Mentioned

  • ArcelorMittal
  • Bekaert
  • Fibrometals
  • Green Steel Group
  • Kerakoll SpA
  • KOSTEEL CO, LTD.
  • Nippon Seisen Co., Ltd.
  • Severstal
  • SIKA AG
  • SPAJIC DOO
  • Zhejiang Boen Metal Products Co. Ltd

Methodology

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