Increasing construction of tunnels, metro systems, airports, and institutional buildings.

WILMINGTON, DE, UNITED STATES, November 20, 2025 /EINPresswire.com/ -- The global concrete fiber market is gaining momentum, supported by rapid development of mining and metro tunnels, airports, schools, hospitals, and other large-scale infrastructure projects. According to Allied Market Research, the market generated $2.2 billion in 2021 and is projected to reach $4.8 billion by 2031, growing at a CAGR of 8.2% (2022–2031).

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Key Market Highlights:-

Market Growth Drivers:

- Increasing construction of tunnels, metro systems, airports, and institutional buildings
- Rising adoption of fiber-reinforced concrete for enhanced durability and structural performance

Opportunities:

- Expanding use of synthetic fiber–reinforced concrete in industrial flooring, power-floated flooring, garages, workshops, and residential floors

Restraints:

- High cost of concrete fibers remains a limiting factor

Segment Analysis:-

By Fiber Type:

- Steel Fiber: Largest segment in 2021, nearly 50% share; expected to maintain dominance
- Synthetic Fiber: Fastest-growing segment with CAGR of 8.5% through 2031

By Application:

- Infrastructure: Largest segment, nearly two-fifths of global revenue in 2021
- Mining & Tunnel: Fastest-growing application with CAGR of 8.9% from 2022–2031

Regional Insights:-

Asia-Pacific:

- Largest regional market, contributing ~40% of global share in 2021
- Expected to retain dominance and exhibit the fastest growth (CAGR 9.1%)
- Other regions analyzed: North America, Europe, LAMEA

Competitive Landscape:-

Key players include:

- Sika AG, Cemex S.A.B. de C.V., OZINGA BROS., INC., HeidelbergCement, TUF-BAR, BarChip Pty Ltd, BASF SE, Bekaert, Kamenny Vek, Nycon, EUCLID CHEMICAL COMPANY, FORTA CONCRETE FIBER, ABC POLYMER INDUSTRIES, ARCELORMITTAL, GCP Applied Technologies Inc., Owens Corning, RPM International Inc.

These companies focus on strategies such as product launches, expansions, collaborations, and joint ventures to strengthen their global presence and competitive positioning.

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About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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