Global Steel Fiber Market by Type (Hooked, Straight, Deformed, Crimped), Manufacturing Process (Cold Drawn, Cut Wire, Melt Extract, Slit Sheet), Application (Concrete Reinforcements, Composite Reinforcements, Refractories), & Region- Forecast to 2029

The Steel Fiber Market is estimated at USD 1.96 billion in 2024 and is projected to reach USD 2.44 billion by 2029, at a CAGR of 4.5% from 2024 to 2029. Steel fibers are more adaptable, affordable, and suitable for a range of applications where reinforcing is required like concrete, composites, and refractories. Hooked steel fibers are the most favored option for many reinforcement applications. It has mechanical properties that increase the crack resistance of the reinforced concrete and make it more durable.

In terms of value, Straight steel fiber type to register the second highest CAGR in the overall Steel Fiber Market.

Straight steel fibers are well-known for their consistent and uniform shape along their entire length that helps the steel fibers to align randomly within the concrete mix, depending on the mixing process and the flow characteristics of the concrete. Straight steel fibers are commonly used in a wide range of reinforcement applications including industrial flooring, pavements, shotcrete, tunnel linings, and precast concrete elements. There is gradually increasing demand of steel fibers in the construction industry as the building and infrastructure projects are increasing all around the world.

In terms of value, composite application to register the highest CAGR in the overall Steel Fiber Market.

The market for steel fiber in the composite application is expected to grow, driven by the increasing demand for composites in various end use industries like automotive and aerospace. Steel fibers play an important role in enhancing the mechanical properties of composite materials across various industries and applications. By combining steel fibers with different matrix materials like ceramics, polymer, and others, engineers can tailor composite materials to meet specific performance requirements.

During the forecast period, the Steel Fiber Market in Asia Pacific region is to register the highest CAGR.

Asia Pacific is the fastest-growing market for steel fibers. The market for steel fibers in the region is driven by the rapid urbanization and increasing investments from government in infrastructure development in many countries in this region. With economic contraction and saturation in the European and North American markets, the market is shifting to Asia Pacific. Manufacturers of steel fibers are targeting this region as it has a rapidly advancing construction industry, accounting for approximately 40% of the construction spending, according to the World Bank.

This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:

By Company Type- Tier 1 - 40%, Tier 2 - 33%, and Tier 3 - 27%
By Designation- C Level - 50%, Director Level - 30%, and Executives - 20%
By Region- North America - 15%, Europe - 50%, Asia Pacific (APAC) - 20%, South America - 10%, Middle East & Africa - 5%.

The report provides a comprehensive analysis of company profiles:

Prominent companies include Bekaert (Belgium), ArcelorMittal (Luxembourg), Nippon Seisen (Japan), Fibrometals (Romania), Sika AG (Switzerland), Jiangsu Shagang Group (China), Zhejiang Boen Metal Products Co., Ltd. (China), Green Steel Group (Italy), Spajic Doo (Serbia), Kosteel Co., Ltd. (South Korea), Severstal (Russia), Enviromesh Pty ltd. (Australia), Hunan Shuanxing Steel Fiber Co., Ltd. (China), and Kerakoll SPA (Italy).

Research Coverage

This research report categorizes the Steel Fiber Market, By Type (Hooked, Straight, Deformed, Crimped, and Others), By Manufacturing Process (Cut Wires, Cold Drawn, Slit Sheet, Melt Extract and Others), By Application (Concrete, Composites, and Refractories), and Region (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America).

The scope of the report includes detailed information about the major factors influencing the growth of the Steel Fiber Market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the Steel Fiber Market are all covered. This report includes a competitive analysis of upcoming startups in the Steel Fiber Market ecosystem.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Steel Fiber Market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Increasing demand for steel fibers in construction and building industry, high tensile and shear strength compared to synthetic fibers, and rising demand for steel fibers in automotive composites), restraints (surge in use of glass and synthetic fibers, and high cost of steel fibers over traditional reinforcement materials), opportunities (the research and advancements in manufacturing technologies present opportunities to develop new and improved steel fibers, and growing emphasis on sustainable construction and building materials), and challenges (susceptibility of steel fibers to corrosion, and need for uniform mixing and handling of steel fibers) influencing the growth of the Steel Fiber Market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Steel Fiber Market
Market Development: Comprehensive information about lucrative markets - the report analyses the Steel Fiber Market across varied regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Steel Fiber Market
Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like include Bekaert (Belgium), ArcelorMittal (Luxembourg), Nippon Seisen (Japan), Fibrometals (Romania), Sika AG (Switzerland), Jiangsu Shagang Group (China), Zhejiang Boen Metal Products Co., Ltd. (China), Green Steel Group (Italy), Spajic Doo (Serbia), Kosteel Co., Ltd. (South Korea), Severstal (Russia), Enviromesh Pty ltd. (Australia), Hunan Shuanxing Steel Fiber Co., Ltd. (China), and Kerakoll SPA (Italy) among others in the steel fiber market

1 Introduction

1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Steel Fiber Market Segmentation
1.3.1 Inclusions & Exclusions
1.3.2 Regions Covered
1.3.3 Years Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
1.9 Impact of Recession

2 Research Methodology

2.1 Research Data
Figure 2 Steel Fiber Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Primary Participants
2.1.2.3 Breakdown of Primary Interviews
2.1.2.4 Key Industry Insights
2.2 Recession Impact
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
2.4 Base Number Calculation
2.4.1 Approach 1: Supply-Side Analysis
Figure 5 Methodology for Supply-Side Sizing of Steel Fiber Market
2.4.2 Approach 2: Demand-Side Analysis
Figure 6 Methodology for Demand-Side Sizing of Steel Fiber Market
2.5 Growth Forecast
2.5.1 Supply Side
2.5.2 Demand Side
2.6 Data Triangulation
Figure 7 Steel Fiber Market: Data Triangulation
2.7 Factor Analysis
2.8 Research Assumptions
2.9 Research Limitations

3 Executive Summary

Figure 8 Hooked Type Recorded Highest Growth in 2023
Figure 9 Cold-Drawn Process Accounted for Largest Share in 2023
Figure 10 Concrete Reinforcement Application Dominated Steel Fiber Market in 2023
Figure 11 China Led Market During Forecast Period
Figure 12 Asia-Pacific Dominated Market in 2023

4 Premium Insights

4.1 Attractive Opportunities for Players in Steel Fiber Market
Figure 13 High Demand from End-use Industries to Drive Market
4.2 Steel Fiber Market, by Type
Figure 14 Hooked Type Dominated Overall Market in 2023
4.3 Steel Fiber Market, by Manufacturing Process
Figure 15 Cold-Drawn Process Dominated Overall Market in 2023
4.4 Steel Fiber Market, by Application
Figure 16 Concrete Reinforcement Segment Recorded Highest Growth in 2023
4.5 Steel Fiber Market, by Key Country
Figure 17 Market in China to Grow at Highest CAGR During Forecast Period

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
Figure 18 Dynamics of Steel Fiber Market
5.2.1 Drivers
5.2.1.1 Increasing Demand for Steel Fibers in Construction & Building Industry
5.2.1.2 High Tensile and Shear Strengths Compared to Synthetic Fibers
5.2.1.3 Rising Demand for Steel Fibers in Automotive Composites
5.2.2 Restraints
5.2.2.1 Surge in Use of Glass and Synthetic Fibers
5.2.2.2 High Cost of Steel Fibers Over Traditional Reinforcement Materials
5.2.3 Opportunities
5.2.3.1 Advancements in Manufacturing Technologies
5.2.3.2 Growing Emphasis on Sustainable Construction and Building Materials
5.2.4 Challenges
5.2.4.1 Susceptibility of Steel Fibers to Corrosion
5.2.4.2 Need for Uniform Mixing and Handling of Steel Fibers
5.3 Porter's Five Forces Analysis
Figure 19 Steel Fiber Market: Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
Table 1 Steel Fiber Market: Porter's Five Forces Analysis
5.4 Ecosystem Analysis
Figure 20 Steel Fiber Market: Ecosystem
Figure 21 Steel Fiber Market: Market Map
5.5 Pricing Analysis
5.5.1 Average Selling Price Trend of Key Players, by Application
Figure 22 Average Selling Price Trend of Key Players for Top Three Applications (USD/KG)
5.5.2 Average Selling Price Trend, by Type
Figure 23 Average Selling Price Trend, by Type
Table 2 Average Selling Price, by Type
5.5.3 Average Selling Price Trend, by Region
Table 3 Average Selling Price Trend, by Region
5.6 Trade Analysis
5.6.1 Import Scenario for HS Code 732599
Figure 24 Import for HS Code 732599, by Key Country, 2019-2022 (USD Million)
Figure 25 Import for HS Code 732599, by Key Country, 2019-2022 (Ton)
Table 4 Leading Importing Countries for HS Code 732599 in 2022
5.6.2 Export Scenario for HS Code 732599
Figure 26 Export for HS Code 732599, by Key Country, 2019-2022 (USD Million)
Figure 27 Export for HS Code 732599, by Key Country, 2019-2022 (Ton)
Table 5 Leading Exporting Countries for HS Code 732599 in 2022
5.7 Supply Chain Analysis
Table 6 Steel Fiber Market: Supply Chain Analysis
5.7.1 Raw Materials
Figure 28 Leading Steel Fiber Raw Material Manufacturers and Suppliers
5.7.2 Product Manufacturers
Figure 29 Leading Product Manufacturers
5.7.3 End-users
Figure 30 Major End-users of Steel Fibers
5.8 Value Chain Analysis
Figure 31 Steel Fiber Market: Value Chain Analysis
5.9 Distribution Channel
5.10 Technology Analysis
5.10.1 Key Technology
5.10.1.1 Steel Fiber Manufacturing Process
5.11 Key Stakeholders & Buying Criteria
5.11.1 Key Stakeholders in Buying Process
Figure 32 Influence of Stakeholders on Buying Process for Top Three Applications
Table 7 Influence of Stakeholders on Buying Process for Top Three Applications
5.11.2 Buying Criteria
Figure 33 Key Buying Criteria for Top Three Applications
Table 8 Key Buying Criteria for Top Three Applications
5.12 Patent Analysis
5.12.1 Introduction
5.12.2 Methodology
5.12.3 Document Types
Table 9 Steel Fiber Market: Global Patent Count
Figure 34 Global Patent Analysis, by Document Type
Figure 35 Global Patent Publication Trend Analysis in Last 10 Years
5.12.4 Insights
5.12.5 Legal Status of Patents
Figure 36 Steel Fiber Market: Legal Status of Patents
5.12.6 Jurisdiction Analysis
Figure 37 Global Jurisdiction Analysis
5.12.7 Top Applicants
Figure 38 State Grid Corp China Accounted for Highest Patent Count, 2014-2024
5.12.8 Patents by State Grid Corp China
5.12.9 Patents by Univ Shenyang Jianzhu
5.12.10 Patents by Univ Southeast
5.12.11 Top 10 Patent Owners (US) in Last 10 Years
5.13 Regulatory Landscape
5.13.1 Regulations in Steel Fiber Market
5.13.2 Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Rest of World: Regulatory Bodies, Government Agencies, and Other Organizations
5.14 Key Conferences & Events in 2024-2025
Table 14 Steel Fiber Market: Key Conferences & Events, 2024-2025
5.15 Case Study Analysis
5.15.1 Case Study 1: Arcelormittal Launched Carbon Neutral Steel Fiber Product Range.
5.15.2 Case Study 2: Bekaert Partnered with Almasa for Steel Wire Activities in US
5.15.3 Case Study 3: Sika AG Expanded Its Operations in Asia-Pacific and North America
5.16 Trends and Disruptions Impacting Customer Business
Figure 39 Revenue Shift of Steel Fibers
5.17 Investment and Funding Scenario
Figure 40 Investor Deals and Funding in Steel Fibers
Figure 41 Prominent Steel Fiber Manufacturers in 2024 (USD Billion)

6 Steel Fiber Market, by Type

6.1 Introduction
Figure 42 Hooked Steel Fiber to Dominate Market During Forecast Period
Table 15 Steel Fiber Market, by Type, 2020-2029 (USD Million)
Table 16 Steel Fiber Market, by Type, 2020-2029 (Kiloton)
6.2 Hooked
6.2.1 Increasing Demand from Various End-use Industries to Drive Market
Figure 43 Asia-Pacific to Dominate Market During Forecast Period
Table 17 Hooked: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 18 Hooked: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
6.3 Straight
6.3.1 Rising Demand from Construction Sector to Drive Market
Figure 44 Asia-Pacific to be Fastest-Growing Market During Forecast Period
Table 19 Straight: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 20 Straight: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
6.4 Deformed
6.4.1 Wide Use in Concrete Applications to Fuel Market
Figure 45 Asia-Pacific to be Fastest-Growing Deformed Steel Fiber Market During Forecast Period
Table 21 Deformed: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 22 Deformed: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
6.5 Crimped
6.5.1 Rise in Construction Activities in Emerging Economies to Drive Market
Figure 46 Asia-Pacific to be Fastest-Growing Crimped Steel Fiber Market During Forecast Period
Table 23 Crimped: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 24 Crimped: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
6.6 Other Types
Figure 47 Asia-Pacific to Dominate Market During Forecast Period
Table 25 Other Types: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 26 Other Types: Steel Fiber Market, by Region, 2020-2029 (Kiloton)

7 Steel Fiber Market, by Manufacturing Process

7.1 Introduction
Figure 48 Cold Drawn Process to Lead Market During Forecast Period
Table 27 Steel Fiber Market, by Manufacturing Process, 2020-2029 (USD Million)
Table 28 Steel Fiber Market, by Manufacturing Process, 2020-2029 (Kiloton)
7.2 Cold Drawn
7.2.1 Increasing Demand in Production of Hooked Steel Fibers to Drive Market
Table 29 Cold Drawn: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 30 Cold Drawn: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
7.3 Cut Wire
7.3.1 Infrastructure Development to Drive Market
Table 31 Cut Wire: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 32 Cut Wire: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
7.4 Slit Sheet
7.4.1 Wide Deployment in Concrete Reinforcement Applications to Drive Market
Table 33 Slit Sheet: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 34 Slit Sheet: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
7.5 Melt Extract
7.5.1 Increasing Demand for Refractory Castable Reinforcement Fibers to Drive Market
Table 35 Melt Extract: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 36 Melt Extract: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
7.6 Other Manufacturing Processes
Table 37 Other Manufacturing Processes: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 38 Other Manufacturing Processes: Steel Fiber Market, by Region, 2020-2029 (Kiloton)

8 Steel Fiber Market, by Application

8.1 Introduction
Figure 49 Composite Reinforcement to Register Highest CAGR During Forecast Period
Table 39 Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 40 Steel Fiber Market, by Application, 2020-2029 (Kiloton)
8.2 Concrete Reinforcement
8.2.1 Increasing Demand for Tunnel Lining and Flooring to Drive Market
Table 41 Concrete Reinforcement: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 42 Concrete Reinforcement: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
8.3 Composite Reinforcement
8.3.1 Wide Application in Textile and Sports Industries to Boost Market
Table 43 Composite Reinforcement: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 44 Composite Reinforcement: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
8.4 Refractories
8.4.1 Increasing Demand in Mining and Aerospace Industries to Drive Market
Table 45 Refractories: Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 46 Refractories: Steel Fiber Market, by Region, 2020-2029 (Kiloton)
8.5 Other Applications
Table 47 Steel Fiber Market by Other Application, by Region 2020-2029 (USD Million)
Table 48 Steel Fiber Market by Other Application, by Region 2020-2029 (Kiloton)

9 Steel Fiber Market, by Region

9.1 Introduction
Figure 50 China to Record Fastest Growth During Forecast Period
Table 49 Steel Fiber Market, by Region, 2020-2029 (USD Million)
Table 50 Steel Fiber Market, by Region, 2020-2029 (Kiloton)
9.2 North America
9.2.1 Recession Impact
Figure 51 North America: Steel Fiber Market Snapshot
9.2.2 North America: Steel Fiber Market, by Type
Table 51 North America: Steel Fiber Market, by Type, 2020-2029 (USD Million)
Table 52 North America: Steel Fiber Market, by Type, 2020-2029 (Kiloton)
9.2.3 North America: Steel Fiber Market, by Manufacturing Process
Table 53 North America: Steel Fiber Market, by Manufacturing Process, 2020-2029 (USD Million)
Table 54 North America: Steel Fiber Market, by Manufacturing Process, 2020-2029 (Kiloton)
9.2.4 North America: Steel Fiber Market, by Application
Table 55 North America: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 56 North America: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.2.5 North America: Steel Fiber Market, by Country
Table 57 North America: Steel Fiber Market, by Country, 2020-2029 (USD Million)
Table 58 North America: Steel Fiber Market, by Country, 2020-2029 (Kiloton)
9.2.5.1 US
9.2.5.1.1 Increasing Demand for Electric Vehicles to Drive Market
Table 59 US: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 60 US: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.2.5.2 Canada
9.2.5.2.1 Growth of Construction Sector to Boost Market
Table 61 Canada: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 62 Canada: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.3 Asia-Pacific
9.3.1 Recession Impact
Figure 52 Asia-Pacific: Steel Fiber Market Snapshot
9.3.2 Asia-Pacific: Steel Fiber Market, by Type
Table 63 Asia-Pacific: Steel Fiber Market, by Type, 2020-2029 (USD Million)
Table 64 Asia-Pacific: Steel Fiber Market, by Type, 2020-2029 (Kiloton)
9.3.3 Asia-Pacific: Steel Fiber Market, by Manufacturing Process
Table 65 Asia-Pacific: Steel Fiber Market, by Manufacturing Process, 2020-2029 (USD Million)
Table 66 Asia-Pacific: Steel Fiber Market, by Manufacturing Process, 2020-2029 (Kiloton)
9.3.4 Asia-Pacific: Steel Fiber Market, by Application
Table 67 Asia-Pacific: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 68 Asia-Pacific: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.3.5 Asia-Pacific: Steel Fiber Market, by Country
Table 69 Asia-Pacific: Steel Fiber Market, by Country, 2020-2029 (USD Million)
Table 70 Asia-Pacific: Steel Fiber Market, by Country, 2020-2029 (Kiloton)
9.3.5.1 China
9.3.5.1.1 Presence of Prominent Steel Fiber Manufacturers to Drive Market
Table 71 China: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 72 China: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.3.5.2 Japan
9.3.5.2.1 Increasing Demand for Steel Fibers in Concrete Reinforcement to Drive Market
Table 73 Japan: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 74 Japan: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.3.5.3 India
9.3.5.3.1 High Demand for Hooked and Deformed Fibers to Boost Market
Table 75 India: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 76 India: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.3.5.4 Australia & New Zealand
9.3.5.4.1 Increasing Demand from Building and Construction Sector to Drive Market
Table 77 Australia: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 78 Australia: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.3.5.5 South Korea
9.3.5.5.1 Rise in Infrastructure Development to Fuel Market
Table 79 South Korea: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 80 South Korea: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.3.5.6 Rest of Asia-Pacific
Table 81 Rest of Asia-Pacific: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 82 Rest of Asia-Pacific: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4 Europe
9.4.1 Recession Impact
Figure 53 Europe: Steel Fiber Market Snapshot
9.4.2 European Steel Fiber Market, by Type
Table 83 Europe: Steel Fiber Market, by Type, 2020-2029 (USD Million)
Table 84 Europe: Steel Fiber Market, by Type, 2020-2029 (Kiloton)
9.4.3 European Steel Fiber Market, by Manufacturing Process
Table 85 Europe: Steel Fiber Market, by Manufacturing Process, 2020-2029 (USD Million)
Table 86 Europe: Steel Fiber Market, by Manufacturing Process, 2020-2029 (Kiloton)
9.4.4 European Steel Fiber Market, by Application
Table 87 Europe: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 88 Europe: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5 European Steel Fiber Market, by Country
Table 89 Europe: Steel Fiber Market, by Country, 2020-2029 (USD Million)
Table 90 Europe: Steel Fiber Market, by Country, 2020-2029 (Kiloton)
9.4.5.1 Germany
9.4.5.1.1 Technological Advancements in Infrastructure Development to Fuel Market
Table 91 Germany: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 92 Germany: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.2 Italy
9.4.5.2.1 Increase in Construction & Infrastructure Activities to Boost Market
Table 93 Italy: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 94 Italy: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.3 France
9.4.5.3.1 High Demand for Steel Fibers in Various Applications to Drive Market
Table 95 France: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 96 France: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.4 Uk
9.4.5.4.1 Pressing Need for Hooked and Straight Steel Fibers to Drive Market
Table 97 Uk: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 98 Uk: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.5 Spain
9.4.5.5.1 Increase in Composites Consumption to Drive Market
Table 99 Spain: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 100 Spain: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.6 Turkey
9.4.5.6.1 Rise in Infrastructure Development and Urbanization Projects to Boost Market
Table 101 Turkey: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 102 Turkey: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.7 Norway
9.4.5.7.1 Need for Sustainable Construction Materials to Drive Market
Table 103 Norway: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 104 Norway: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.8 Denmark
9.4.5.8.1 Sustainable Construction Practices to Drive Market
Table 105 Denmark: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 106 Denmark: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.9 Sweden
9.4.5.9.1 Rise in Construction Activities to Drive Market
Table 107 Sweden: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 108 Sweden: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.10 Poland
9.4.5.10.1 Presence of Prominent Steel Industries to Drive Market
Table 109 Poland: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 110 Poland: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.11 Baltic States
9.4.5.11.1 Increasing Construction Activities to Drive Market
Table 111 Baltic States: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 112 Baltic States: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.5.12 Rest of Europe
Table 113 Rest of Europe: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 114 Rest of Europe: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.4.6 Steel Fiber Market in Poland, Nordic Countries, and Baltic States
9.4.6.1 Recession Impact on Steel Fiber Market
9.4.6.2 Impact of COVID-19 on Steel Fiber Market
9.4.6.3 Impact of Russia-Ukraine Conflict on Steel Fiber Market
9.4.6.4 Major Suppliers/Distributors
9.4.6.5 Construction Industry Outlook for Each Country
9.4.6.5.1 Denmark
9.4.6.5.2 Poland
9.4.6.5.3 Sweden
9.4.6.5.4 Latvia
9.4.6.5.5 Estonia
9.4.6.5.6 Lithuania
9.4.6.6 Government Policies/Regulations Impacting Market
Table 115 Government Policies/Regulations Impacting Market
9.5 Latin America
9.5.1 Recession Impact
9.5.2 Latin America: Steel Fiber Market, by Type
Table 116 Latin America: Steel Fiber Market, by Type, 2020-2029 (USD Million)
Table 117 Latin America: Steel Fiber Market, by Type, 2020-2029 (Kiloton)
9.5.3 Latin America: Steel Fiber Market, by Manufacturing Process
Table 118 Latin America: Steel Fiber Market, by Manufacturing Process, 2020-2029 (USD Million)
Table 119 Latin America: Steel Fiber Market, by Manufacturing Process, 2020-2029 (Kiloton)
9.5.4 Latin America: Steel Fiber Market, by Application
Table 120 Latin America: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 121 Latin America: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.5.5 Latin America: Steel Fiber Market, by Country
Table 122 Latin America: Steel Fiber Market, by Country, 2020-2029 (USD Million)
Table 123 Latin America: Steel Fiber Market, by Country, 2020-2029 (Kiloton)
9.5.5.1 Brazil
9.5.5.1.1 Rise in Large-Scale Construction Projects to Boost Market
Table 124 Brazil: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 125 Brazil: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.5.5.2 Mexico
9.5.5.2.1 Presence of Prominent Steel Fiber Companies to Drive Market
Table 126 Mexico: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 127 Mexico: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.5.5.3 Argentina
9.5.5.3.1 Wide Demand from Transportation Sector to Drive Market
Table 128 Argentina: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 129 Argentina: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.5.5.4 Rest of Latin America
Table 130 Rest of Latin America: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 131 Rest of Latin America: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.6 Middle East & Africa
9.6.1 Recession Impact
9.6.2 Middle East & Africa: Steel Fiber Market, by Type
Table 132 Middle East & Africa: Steel Fiber Market, by Type, 2020-2029 (USD Million)
Table 133 Middle East & Africa: Steel Fiber Market, by Type, 2020-2029 (Kiloton)
9.6.3 Middle East & Africa: Steel Fiber Market, by Manufacturing Process
Table 134 Middle East & Africa: Steel Fiber Market, by Manufacturing Process, 2020-2029 (USD Million)
Table 135 Middle East & Africa: Steel Fiber Market, by Manufacturing Process, 2020-2029 (Kiloton)
9.6.4 Middle East & Africa: Steel Fiber Market, by Application
Table 136 Middle East & Africa: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 137 Middle East & Africa: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.6.5 Middle East & Africa: Steel Fiber Market, by Country
Table 138 Middle East & Africa: Steel Fiber Market, by Country, 2020-2029 (USD Million)
Table 139 Middle East & Africa: Steel Fiber Market, by Country, 2020-2029 (Kiloton)
9.6.5.1 Gcc Countries
Table 140 Gcc Countries: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 141 Gcc Countries: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.6.5.1.1 Saudi Arabia
9.6.5.1.1.1 Increasing Focus on Developmental Projects Like Neom to Drive Market
Table 142 Saudi Arabia: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 143 Saudi Arabia: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.6.5.1.2 Uae
9.6.5.1.2.1 Green Infrastructure Deployment to Boost Market
Table 144 Uae: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 145 Uae: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.6.5.1.3 Rest of Gcc Countries
Table 146 Rest of Gcc Countries: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 147 Rest of Gcc Countries: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.6.5.2 South Africa
9.6.5.2.1 Increased Infrastructural Spending to Drive Market
Table 148 South Africa: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 149 South Africa: Steel Fiber Market, by Application, 2020-2029 (Kiloton)
9.6.5.3 Rest of Middle East & Africa
Table 150 Rest of Middle East & Africa: Steel Fiber Market, by Application, 2020-2029 (USD Million)
Table 151 Rest of Middle East & Africa: Steel Fiber Market, by Application, 2020-2029 (Kiloton)

10 Competitive Landscape

10.1 Introduction
10.2 Key Player Strategies/Right to Win
10.2.1 Strategies Adopted by Steel Fiber Manufacturers
10.3 Revenue Analysis
Figure 54 Steel Fiber Market: Revenue Analysis of Top 5 Market Players
10.4 Market Share Analysis
Figure 55 Shares of Top Companies in Steel Fiber Market
Table 152 Degree of Competition: Steel Fiber Market
10.4.1 Market Ranking Analysis
Figure 56 Ranking of Top 5 Players in Steel Fiber Market
10.5 Brand/Product Comparative Analysis
Figure 57 Brand/Product Comparative Analysis
10.5.1 Dramix
10.5.2 Tabix
10.5.3 Naslon
10.5.4 Novocon
10.5.5 Bundrex
10.6 Company Evaluation Matrix: Key Players, 2023
10.6.1 Stars
10.6.2 Pervasive Players
10.6.3 Emerging Leaders
10.6.4 Participants
Figure 58 Steel Fiber Market: Company Evaluation Matrix, 2023
10.6.5 Company Footprint
10.6.5.1 Company Footprint
Figure 59 Steel Fiber Market: Company Footprint (14 Companies)
10.6.5.2 Region Footprint
Table 153 Steel Fiber Market: Region Footprint (14 Companies)
10.6.5.3 Type Footprint
Table 154 Steel Fiber Market: Type Footprint (14 Companies)
10.6.5.4 Manufacturing Process Footprint
Table 155 Steel Fiber Market: Manufacturing Process Footprint (14 Companies)
10.6.5.5 Application Footprint
Table 156 Steel Fiber Market: Application Footprint (14 Companies)
10.7 Company Evaluation Matrix: Startups/SMEs, 2023
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 60 Steel Fiber Market: Startup/SME Evaluation Matrix, 2023
10.7.5 Competitive Benchmarking of Key Startups/SMEs
Table 157 Steel Fiber Market: Key Startups/SMEs (10 Companies)
Table 158 Steel Fiber Market: Competitive Benchmarking of Key Startups/SMEs
10.8 Valuation and Financial Metrics of Steel Fiber Manufacturers
Figure 61 EV/Ebitda of Key Manufacturers
Figure 62 Year-To-Date (Ytd) Price Total Return and 5-Year Stock Beta of Key Manufacturers
10.9 Competitive Scenario and Trends
10.9.1 Product Launches
Table 159 Steel Fiber Market: Product Launches, January 2018-January 2024
10.9.2 Deals
Table 160 Steel Fiber Market: Deals, January 2018-January 2024
10.9.3 Expansions
Table 161 Steel Fiber Market: Expansions, January 2020-January 2024

11 Company Profiles

(Business Overview, Products Offered, Recent Developments, Analyst's View Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats) *
11.1 Key Companies
11.1.1 Bekaert
Table 162 Bekaert: Company Overview
Figure 63 Bekaert: Company Snapshot
Table 163 Bekaert: Products/Solutions/Services Offered
Table 164 Bekaert: Deals
Table 165 Bekaert: Expansions
Table 166 Bekaert: Others
11.1.2 Arcelormittal
Table 167 Arcelormittal: Company Overview
Figure 64 Arcelormittal: Company Snapshot
Table 168 Arcelormittal: Products/Solutions/Services Offered
Table 169 Arcelormittal: Product Launches
Table 170 Arcelormittal: Deals
Table 171 Arcelormittal: Expansions
Table 172 Arcelormittal: Others
11.1.3 Nippon Seisen Co. Ltd.
Table 173 Nippon Seisen Co. Ltd.: Company Overview
Figure 65 Nippon Seisen Co. Ltd.: Company Snapshot
Table 174 Nippon Seisen Co. Ltd.: Products/Solutions/Services Offered
11.1.4 Fibrometals
Table 175 Fibrometals: Company Overview
Table 176 Fibrometals: Products/Solutions/Services Offered
11.1.5 Sika AG
Table 177 Sika AG: Company Overview
Figure 66 Sika AG: Company Snapshot
Table 178 Sika AG: Products/Solutions/Services Offered
Table 179 Sika AG: Deals
Table 180 Sika AG: Expansions
11.1.6 Jiangsu Shagang Group Co. Ltd.
Table 181 Jiangsu Shagang Group Co. Ltd.: Company Overview
Table 182 Jiangsu Shagang Group Co. Ltd.: Products/Solutions/Services Offered
11.1.7 Zhejiang Boen Metal Products Co. Ltd
Table 183 Zhejiang Boen Metal Products Co. Ltd.: Company Overview
Table 184 Zhejiang Boen Metal Products Co. Ltd.: Products/Solutions/Services Offered
11.1.8 Green Steel Group
Table 185 Green Steel Group: Company Overview
Table 186 Green Steel Group: Products/Solutions/Services Offered
11.1.9 Spajic Doo
Table 187 Spajic Doo: Company Overview
Table 188 Spajic Doo: Products/Solutions/Services Offered
11.1.10 Kosteel Co. Ltd.
Table 189 Kosteel Co. Ltd.: Company Overview
Table 190 Kosteel Co. Ltd.: Products/Solutions/Services Offered
Table 191 Kosteel Co. Ltd.: Expansions
11.1.11 Severstal
Table 192 Severstal: Company Overview
Figure 67 Severstal: Company Snapshot
Table 193 Severstal: Products/Solutions/Services Offered
11.1.12 Enviromesh Pty Ltd.
Table 194 Enviromesh Pty Ltd.: Company Overview
Table 195 Enviromesh Pty Ltd.: Products/Solutions/Services Offered
11.1.13 Hunan Shuangxing Steel Fiber Co. Ltd.
Table 196 Hunan Shuangxing Steel Fiber Co. Ltd.: Company Overview
Table 197 Hunan Shuangxing Steel Fiber Co. Ltd.: Products/Solutions/Services Offered
11.1.14 Kerakoll Spa
Table 198 Kerakoll Spa: Company Overview
Table 199 Kerakoll Spa: Products/Solutions/Services Offered
Table 200 Kerakoll Spa: Expansions
11.2 Other Players
11.2.1 Intramicron, Inc.
Table 201 Intramicron, Inc.: Company Overview
11.2.2 Precision Drawell
Table 202 Precision Drawell: Company Overview
11.2.3 Stewols India Pvt. Ltd.
Table 203 Stewols India Pvt. Ltd.: Company Overview
11.2.4 Kasturi Metal Composites Ltd.
Table 204 Kasturi Metal Composites Ltd.: Company Overview
11.2.5 Hebei Swiit Metallic Fiber Co. Ltd.
Table 205 Hebei Swiit Metallic Fiber Co. Ltd.: Company Overview
11.2.6 Nikko Techno, Ltd.
Table 206 Nikko Techno, Ltd.: Company Overview
11.2.7 Isw Corporation
Table 207 Isw Corporation: Company Overview
11.2.8 Delta Stud Weld
Table 208 Delta Stud Weld: Company Overview
11.2.9 Nycon
Table 209 Nycon: Company Overview
11.2.10 The Euclid Chemical Company
Table 210 The Euclid Chemical Company: Company Overview
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies

12 Appendix

12.1 Discussion Guide
12.2 Knowledgestore: The Subscription Portal
12.3 Customization Options

Samples

LOADING...

Companies Mentioned

Bekaert
Arcelormittal
Nippon Seisen Co. Ltd.
Fibrometals
Sika AG
Jiangsu Shagang Group Co. Ltd.
Zhejiang Boen Metal Products Co. Ltd
Green Steel Group
Spajic Doo
Kosteel Co. Ltd.
Severstal
Enviromesh Pty Ltd.
Hunan Shuangxing Steel Fiber Co. Ltd.
Kerakoll Spa
Intramicron, Inc.
Precision Drawell
Stewols India Pvt. Ltd.
Kasturi Metal Composites Ltd.
Hebei Swiit Metallic Fiber Co. Ltd.
Nikko Techno, Ltd.
Isw Corporation
Delta Stud Weld
Nycon
The Euclid Chemical Company

Table Information

Report Attribute	Details
No. of Pages	233
Published	April 2024
Forecast Period	2024 - 2029
Estimated Market Value ( USD ) in 2024	$ 1.96 Billion
Forecasted Market Value ( USD ) by 2029	$ 2.44 Billion
Compound Annual Growth Rate	4.5%
Regions Covered	Global
No. of Companies Mentioned	24

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€4770EUR$4,950USD£4,103GBP
1 - 5 USER LICENSE PDF	The product is a PDF.	This is a 1-5 user license, allowing up to five users have access to the product.	€6408EUR$6,650USD£5,512GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€7853EUR$8,150USD£6,755GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€9636EUR$10,000USD£8,289GBP

In terms of value, Straight steel fiber type to register the second highest CAGR in the overall Steel Fiber Market.

In terms of value, composite application to register the highest CAGR in the overall Steel Fiber Market.

During the forecast period, the Steel Fiber Market in Asia Pacific region is to register the highest CAGR.

This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:

The report provides a comprehensive analysis of company profiles:

Research Coverage

Reasons to buy this report:

The report provides insights on the following pointers:

Table of Contents

Samples

Companies Mentioned

Table Information

Related Topics

Related Reports

Steel Fiber Global Market Report 2024

Global Steel Fiber Market by Type (Crimped, Deformed, Hooked-End), Size (Macro Steel Fibers, Micro Steel Fibers), Application, End-Use - Forecast 2024-2030

Steel Fibers: Global Strategic Business Report

Steel Fiber Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type

Steel fiber reinforced concrete Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Product Type