Concrete Fibers Market Trends

  • Report ID: 3344
  • Published Date: Jul 21, 2025
  • Report Format: PDF, PPT

Concrete Fibers Market - Growth Drivers and Challenges

Growth Drivers

  • Surge in high-rise and prefabricated buildings: Urbanization is enhancing the demand for high-rise and prefabricated buildings. According to the UN, urban populations are expected to reach 69% by 2050. The use of concrete fibers enhances the distribution of loads and mitigates cracking that occurs due to shrinkage in the world of precast segments and vertical structural forms. The Asia Pacific region leads the way with global construction growth projected, with China and India accounting for more than 51% together. As the pace of growth accelerates within the construction sector, developers will increasingly see value in adopting durable build systems in response to ever-increasing standards and structural integrity in megacities.
  • Demand for crack control and shrinkage reduction: It is now commonplace to use concrete fibers to control plastic shrinkage and thermal cracking in construction. The American Concrete Institute (ACI) claims that synthetic fibers can eliminate plastic shrinkage cracks by up to 91%. With regulation and governing standards tightening around construction quality and project liabilities across the European continent, with EN 14889 standards introduced to enforce crack control of industrial floors and pavements, the incorporation of fibers into the concrete mix is valuable as the global construction sector demands an ever-greater focus on longevity, reduced maintenance costs, and to meet the temporary life cycle and durability requirements of assets in the residential, commercial, and industrial construction sectors.
    Emerging Trade Dynamics and Future Market Prospects

Import & Export Data (Concrete Fibers, 2019-2024)

Year

Exporting Country

Destination Country

Shipment Value (USD billion)

2019

Japan

China, Korea, ASEAN

5.7

2020

Japan

China, Korea, ASEAN

4.2

2021

Japan

China, Korea, ASEAN

5.1

2022

Japan

China, Korea, ASEAN

6.3

2023

Japan

China, Korea, ASEAN

6.5

2024

Japan

China, Korea, ASEAN

6.8

2019

Germany

U.S., Canada

4.0

2020

Germany

U.S., Canada

3.2

2021

Germany

U.S., Canada

3.7

2022

Germany

U.S., Canada

4.9

2023

Germany

U.S., Canada

5.1

2024

Germany

U.S., Canada

5.4

Key Trade Routes

Route

2021 Trade Value (USD trillion)

% of Global Construction & Infrastructure Trade

Asia-Pacific

1.90

55%

Europe–North America

0.93

27%

Summary Trend

Year

Global Concrete Fibers Trade Value (USD trillion)

2020

3.1

2021

3.3

2022

3.6

2023

3.7 (est.)

2024

3.9 (forecast)

Concrete Fibers Market Overview

Price History & Unit Sales (2019–2023)

Year

North America Avg. Price (USD/ton)

Europe Avg. Price (USD/ton)

Asia Avg. Price (USD/ton)

Global Unit Sales (Million Tons)

2019

1,251

1,311

1,181

1.86

2020

1,291 (+3.3%)

1,341 (+2.4%)

1,201 (+1.8%)

1.91 (+2.8%)

2021

1,381 (+7.1%)

1,421 (+6.0%)

1,381 (+15.1%)

1.98 (+3.8%)

2022

1,451 (+5.2%)

1,851 (+30.3%)

1,421 (+3.0%)

2.05 (+3.7%)

2023

1,501 (+3.5%)

1,881 (+1.7%)

1,451 (+2.2%)

2.11 (+3.0%)

Key Price Factors Impact

Factor

Impact

Statistical Evidence

Raw Material Costs

+9–13%

Polypropylene up 11% YoY

Geopolitical Events

+31% EU

Russia-Ukraine conflict

Environmental Regulations

+6–8%

Clean Air Act compliance

Challenges

  • Lack of standardization: The absence of a universal standard for dosage, mixing, and placing concrete fibers is hindering its acceptance level. Although ASTM and ACI have guidelines in place, the differences and complexity of the regional code can confuse contractors. The American Concrete Institute (2022 recorded, 42% of U.S. contractors who use fiber were not fully compliant with the fiber standards. These contractors risk inconsistent operational performance and outcomes, as well as inconsistent structural outcomes when defining the installation of fiber-reinforced concrete in their projects. Fiber usage inconsistency, lack of standards, and checklists for compliance limit engineers' desire to specify fibers, restricting market growth.
  • Limited awareness among contractors: Many contractors are unfamiliar with the advantages of concrete fiber. An FHWA survey (2022) indicated that only 36% of small- to mid-sized contractors in the U.S. actively use or specify fiber reinforcement. The level of unfamiliarity is also reinforced by limited technical training and alarmingly low levels of curiosity about the implications of placement complexity, upon which fiber advantages are often overlooked. In developing regions, awareness falls below 21%, restricting the potential benefits with wider adoption. Educational initiatives and product demonstrations, when they do occur, do not seem to be enough to inspire rapid market growth beyond major urban infrastructure projects.

Base Year

2024

Forecast Year

2025-2034

CAGR

6.9%

Base Year Market Size (2024)

USD 2.45 billion

Forecast Year Market Size (2034)

USD 4.69 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The concrete fibers market size was USD 2.45 billion in 2024.

The global concrete fibers market size was USD 2.45 billion in 2024 and is likely to reach USD 4.69 billion by the end of 2034, expanding at a CAGR of 6.9 % over the forecast period, i.e., 2025-2034.

Sika AG, BASF SE, Owens Corning, Bekaert SA, GCP Applied Technologies, Euclid Chemical (RPM International), Nycon Corporation, Propex Operating Company, LLC, and Fibercon International Inc. are some key players in the market.

The construction segment is expected to hold a leading share during the forecast period.

Asia Pacific is projected to offer lucrative prospects with a share of 35.9% during the forecast period.
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