World’s Top 50 Companies in Big Steel Fiber in Healthcare Market in 2025 Watchlist: Statistics Report (2024-2035)
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Steel Fiber Market Size is Projected To Grow from USD 2.35 Billion in 2024 to USD 4.05 Billion by 2035, at a CAGR of 5.7% during the forecast period 2025–2035. The Market for Steel Fiber is growing demand for steel fibers across the construction and automotive industries are driving the steel fibres market globally.
Introduction
Steel fiber market is an industry that emphasizes the production and sale of steel fiber, which are small, unsatisfactory strands of steel that are used to strengthen various materials, such as concrete. Steel fiber is a low carbon, cold-drain wire fiber manufactured in compliance with ASTM A820/A820m. It provides high energy absorption and increases solid ductability, especially engineers for use as shrinkage and temperature (secondary) reinforcement. The fiber has emerged as a transformative component in various regions, offering unprecedented technical solutions. The steel fiber market is primarily inspired by the growth of high-demonstration construction materials, infrastructure development and the increasing requirement of permanent building solutions. The stability and growing loud-operated environmentally friendly and flexible construction techniques on the methods of energy-efficient building, running the use of steel fiber-reinforced concrete, helps reduce waste and resource consumption. In addition, innovation in construction materials, including the use of technology such as steel fiber and 3D printing in pre -applications, are creating market development opportunities.
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Steel Fiber Market Size & Statistics
- The Market Size for Steel Fiber Was estimated to be worth USD 2.35 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 5.7% between 2025 and 2035.
- The Global Steel Fiber Market Size is anticipated to reach USD 4.05 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in the Steel Fiber Market
- North America is expected to grow the fastest during the forecast period in the Steel Fiber Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the steel fiber market. Significant infrastructure reconstruction activities and demand in the mining & construction industries are driving the steel fiber market in the region. The rapid development across the electrical, defense, aerospace, and electronics industries, in countries like the United States, is responsible for regional market growth.
Asia Pacific is expected to generate the highest demand during the forecast period in the steel fiber market. With investment in green buildings and durable construction techniques, rapid urbanization and broader infrastructure development, running steel fiber markets. In addition, along with the implementation of government initiative, the rapid expansion of end-use industries, including transport and electricity, is contributing to pursuing the market for steel fiber.
Top 10 Trends in the Steel Fiber Market
- Rising Demand in Construction
- Technological Advancements in Manufacturing
- Growth in Automotive and Aerospace
- Focus on Sustainability
- Development of High-Performance Fibers
- Increased Infrastructure Investment
- Stringent Environmental and Regulatory Pressures
- Enhanced Strength-to-Weight Ratios
- Corrosion Resistance and Durability
- Expanding Application Beyond Concrete
1. Rising Demand in Construction
Rapid urbanization and population growth are fueling significant investments in residential, commercial, and industrial infrastructure, driving the demand for steel fibers to reinforce concrete and improve its strength and durability.
2. Technological Advancements in Manufacturing
Innovations in steel fiber production methods, such as bundle drawing and new techniques for creating various fiber types, are improving efficiency and the quality of steel fibers.
3. Growth in Automotive and Aerospaces
The unique properties of steel fibers are leading to their increased use in composites within the automotive and aerospace industries, where high tensile strength and durability are crucial.
4. Focus on Sustainability
The global push for sustainable construction materials is influencing the steel fiber market, encouraging the development of more eco-friendly production processes and materials.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Steel Fiber market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Steel Fiber Market
- Bekaert
- ArcelorMittal
- Nippon Seisen
- Sika AG
- Fibrometals
- Jiangsu Shagang Group
- Zhejiang Boen Metal Products Co., Ltd.
- Green Steel Group
- Spajic DOO
- Kosteel Co., Ltd
- Others
1. Bekaert
Headquarters: Belgium
Bekaert is a global leader in the steel fiber market, known for its innovative Dramix steel fibers used in concrete reinforcement. The company offers engineered solutions for various construction applications, emphasizing superior crack control, ductility, and durability. Bekaert leverages its strong global presence, local support teams, and commitment to sustainability by providing Environmental Product Declarations (EPDs) and reducing its carbon footprint to drive advancements in concrete reinforcement technology.
2. ArcelorMittal
Headquarters: Luxembourg
ArcelorMittal is a major, leading supplier of steel fibers globally, offering a comprehensive range of products like hooked-end (HE), flattened-end (FE), and undulated (TABIX) fibers for construction applications including industrial floors, shotcrete, precast elements, and structural use. As a fully integrated producer, they control the entire value chain from steel billets to finished fibers, ensuring high quality and reliability, and provide technical support from design through installation. They operate production facilities in multiple countries and serve various construction markets worldwide.
3. Nippon Seisen
Headquarters: Japan
Nippon Seisen is a player in the steel fiber market, known for its unique stainless steel fiber brand, NASLON, which is used in various applications including filtration and potentially in concrete reinforcement. The company manufactures fine-diameter, high-strength, and corrosion-resistant fibers that can be blended with synthetic fibers. While not a primary manufacturer of concrete steel fibers for general construction in the same way as larger, specialized steel producers, Nippon Seisen's metal fibers like NASLON® serve high-performance and specialized market segments due to their unique properties and versatility.
4. Sika AG.
Headquarters: Switzerland
Sika AG offers a range of fibers, including both steel and synthetic fibers, but their recent strategic growth has been focused on the production and expansion of synthetic macro-fibers for concrete reinforcement, such as their SikaFiber product line. The company views this as a key growth area, driven by the increasing demand for sustainable, high-performance, and durable concrete solutions in infrastructure and commercial projects, where synthetic fibers offer advantages like reduced construction times and extended service life for concrete structures.
Are you ready to discover more about the Steel Fiber market?
The report provides an in-depth analysis of the leading companies operating in the global Steel Fiber market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Bekaert
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- ArcelorMittal
- Nippon Seisen
- Sika AG
- Fibrometals
- Jiangsu Shagang Group
- Zhejiang Boen Metal Products Co., Ltd.
- Green Steel Group
- Spajic DOO
- Kosteel Co., Ltd
- Others
Conclusion
Based on the data provided, the steel fiber market is experiencing significant growth and change, which is powered by a global push for more durable, efficient and durable construction solutions. As an important component to strengthen materials like concrete, the role of steel fiber is expanding beyond traditional applications. Fueling is fuel by growing infrastructure, rapid urbanization, and high -performing construction materials on the top of the market. Innovation, including integration of steel fiber with advanced technologies such as 3D printing, is creating new opportunities for market development. The industry is also looking at a change towards environmentally friendly and energy-efficient practices, which increases the adoption of steel fiber-reinforced concrete. Overall, the future of the market looks promising, leading to demand and development due to significant construction and infrastructure activities with major regions such as Asia Pacific and North America.
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