Concrete Fibers Market Outlook:
Concrete Fibers Market size was estimated at USD 2.45 billion in 2024 and is expected to surpass USD 4.69 billion by the end of 2034, rising at a CAGR of 6.9% during the forecast period, i.e., 2025-2034. In 2025, the industry size of concrete fibers is assessed at USD 2.62 billion.
The main factor powering growth in concrete fibers is the growing infrastructure resilience programs, including federal investment into corrosion-resistant reinforcement for bridges and roadways. The Federal Highway Administration and state DOTs are approving fiber-reinforced concrete (FRC) overlays and structural applications with increasing frequency. Minnesota and Iowa already have more than 7 pilot projects and have been documented between state DOTs. In May 2025, it was reported by the U.S. Bureau of Labor Statistics (BLS) that there was a 12-month increase in PPI for ready mix concrete of ~2.7% which demonstrates increased downstream demand.
Raw materials inputs (cement, polypropylene, glass, carbon fibers) have established international trade routes; as a reference, recycled carbon fiber is currently ~$36/lb according to Caltrans research results. Manufacturers are diversifying to build out FRC lines, with recent investments made into North American facilities supported by DOTs. The U.S. export market for fibers and other reinforcement products is modest (<11 %), but growing, as DOTs participate in international tenders. The CPI year on year for concrete pipe and pavers is ~+3.9 %, and finished concrete is projected to be ~+2.7%. Note that there is no published CPI specifically for FRC overlay services, but the overall construction CPI year on year is ~+5% according to the BLS. Overall, federal research and development funding through the FHWA and state DOTs, with pilot testing and in-field validation, is more than $11 M per year.
