Concrete Fibers Market Share

Asia Pacific Market Insights

By 2034, the Asia Pacific market is expected to hold 35.9% of the market share due to massive investments into infrastructure, strong trends toward urbanization, and a growing need for durable construction materials. During the projection period, the expected CAGR is 6.9%, supported by infrastructure programs at the government level (e.g., India's Gati Shakti, Indonesia's smart capital city (IKN), expansion plans for rail and road in Australia, etc.). Coupled with advances in advanced polypropylene and advanced steel fibers that researchers and companies are investing in R&D in Japan, China, and South Korea, penetration and uptake of technology will drive demand.

China continues to be the center of concrete fibers in Asia Pacific with a substantial growth pipeline and a projected CAGR of 7.4% from 2025 to 2034, with major infrastructure and housing projects through the 15th Five-Year Plan (2026-2030).  During this time, there will be strong growth in anticipated metro rail systems, bridges, and precast segments. Increased domestic R&D spending on innovation in polypropylene fiber by Chinese chemical and materials firms has supported the growth of domestic production capacities. Strategic investments around the deployment of green concrete technologies and durable fibers will ensure demand growth during the projection period.

Country-wise Statistics: Concrete Fibers Market

North America Market Insights

North America market is expected to hold 28.7% of the market share, and it is expected to increase from approximately USD 3.6 billion in 2024 to approximately USD 5.9 billion by 2031, growing at a compound annual growth rate (CAGR) of ~7.3% over the analysis period of 2025-2031. The U.S. remains the main driver of regional demand due to growth from the increased use of AI/IoT technology in construction, infrastructure investment, and the rising applications of industrial flooring. Market fragmentation, regulatory complexities, and employment availability (skills) may limit growth alternatives, but innovation and digitization are improving adoption and supply-chain transparency. This growth signifies the important role North America plays in advancing the next-generation concrete fiber reinforced concrete solutions.

The U.S. concrete reinforcing fiber segment had revenues of approximately USD 541.8 million in 2021 and is expected to reach USD 1.056 billion by 2030 with an estimated CAGR of 7.8% for the 2022-2030 analysis period. When compared with other regions, North America is expected to grow at a 5.6% CAGR in the global revenue streams of reinforcing fibers and is expected to reach revenues of USD 1.22 billion by 2034. The major segments are polypropylene, with basalt fibers in the fast-growing stage. Demand was driven by regulatory approvals for infrastructure, marine, bridge, tunnel, and industrial concrete projects, in addition to ongoing investments in the construction space. This sets the U.S. concrete fiber reinforcing segment up as a leader in fiber-reinforced concrete.

Europe Market Insights

Europe market is expected to hold 24.1% of the market share due to advanced construction standards, sustainability regulations, and increased modernization of infrastructure. The market is estimated to reach USD 897.7 million by 2034 with a CAGR of 4.9% from 2025 to 2034. The demand will continue to be buoyed by strong usage in tunnel lining applications, warehouse/building floor applications, and precast applications. In addition, Government and private investments to support research on durability, increase recycling, and decrease the carbon footprint of concrete fibers are expected to exceed USD 157 million across the region by 2034.

Concrete Fibers Market Statistics by Country (2034 forecast)