Global Steel Fiber Industry Report 2025-2031 with Analyst Recommendations - Advancements in Manufacturing & Material Science and Diversification of Product Portfolio - ResearchAndMarkets.com

The "Global Steel Fiber Market (2025 Edition): Analysis By Type (Hooked, Deformed, Straight, and Crimped), By Manufacturing Process, By Application: Market Insights and Forecast (2021-2031)" has been added to ResearchAndMarkets.com's offering.

The Global Steel Fiber Market is poised for significant growth, with a forecasted increase from USD 2.36 billion in 2024 to USD 3.49 billion by 2031, driven by a CAGR of 4.43% from 2021 to 2024. This growth is primarily fueled by the rising demand for steel fiber in construction, infrastructure, and industrial applications, emphasizing the material's ability to enhance tensile strength, impact resistance, and durability in concrete structures.

Steel fibers play a critical role in improving the performance of reinforced concrete, making them essential for use in industrial flooring, tunnels, bridges, highways, and precast concrete structures. The ongoing infrastructure development, funded by governments and private investors, significantly bolsters the market. High-performance building materials are in high demand for projects like highways, tunnels, metro systems, smart cities, and airports, addressing the shortcomings of traditional concrete prone to cracking and decay.

Noteworthy is the emergence of hybrid fiber reinforcement, combining steel fibers with synthetic, glass, or polymer fibers. This amalgamation enhances the flexural strength and ductility of concrete, which is crucial for seismic-prone and high-impact applications. This trend is gaining traction in high-rise constructions, defense infrastructures, and blast-resistant projects, where durability and resilience are paramount.

The market is witnessing substantial technological advancements, particularly the introduction of high-strength and ultra-high-performance steel fibers (UHPSF). These fibers provide superior tensile strength and crack resistance, making them ideal for demanding infrastructure projects. Innovations in microstructure optimization and the use of high-carbon and alloyed steel fibers have resulted in improved mechanical performance, especially in large-scale structures.

Sustainability and material science advancements heavily influence the global steel fiber market's rapid growth. The adoption of corrosion-resistant fiber coatings and advanced manufacturing techniques, including melt extraction, laser cutting, and hooked-end fiber shaping, enhance steel fiber quality and applicability. Moreover, the industry's shift towards eco-friendly practices through recycled steel fibers and energy-efficient production further supports market expansion.

Scope of the Report

• Analysis by Value (USD Million) covering various regions: Americas, Europe, Asia Pacific, and the Middle East & Africa.
• Historical data from 2021-2024, projections for 2025, and forecasts for 2026-2031.
• Segmentation by Type (Hooked, Deformed, Straight, and Crimped) and Manufacturing Process (Cut Wire/Cold Drawn, Slit Sheet, and Melt Extract).
• Insights into Applications like Concrete and Composite Reinforcement, and Refractories.
• Competitive landscape analysis, highlighting strategies and new product developments of key players like ArcelorMittal, Bekaert, Sika Group, Zhejiang Boen Metal Products, Kerakoll, Fibrometals, and Green Steel Group.

Key Topics Covered:

1. Market Background

1.1 Scope and Product Outlook

1.2 Executive Summary

1.3 Research Methodology

2. Analyst Recommendations

2.1 Advancements in manufacturing & material science

2.2 Diversification of product portfolio

3. Global Steel Fiber Market: Historic and Forecast

3.1 Impact Analysis of Macro Economic Factors on Global Steel Fiber Market

3.2 Global Steel Fiber Market: Dashboard

3.3 Global Steel Fiber Market: Market Size and CAGR, 2021-2031 (USD Million & CAGR)

3.4 Global Steel Fiber Market: Market Value Assessment

3.5 Global Steel Fiber Market Segmentation: By Type

3.6 Global Steel Fiber Market Segmentation: By Manufacturing Process

3.7 Global Steel Fiber Market Segmentation: By Application

4. Steel Fiber Market, Region Analysis

4.1 Regional Coverage of the Study

4.2 Regional Snapshot

5. Americas Steel Fiber Market: Historic and Forecast

5.1 Americas Steel Fiber Market: Snapshot

5.2 Americas Steel Fiber Market: Market Size and CAGR, 2021-2031 (USD Million & CAGR)

5.3 Americas Steel Fiber Market: Key Factors

5.4 Americas Steel Fiber Market: Segment Analysis

5.5 Americas Steel Fiber Market Segmentation: By Type

5.6 Americas Steel Fiber Market Segmentation: By Manufacturing Process

5.7 Americas Steel Fiber Market Segmentation: By Application

5.8 Americas Steel Fiber Market Segmentation: By Country

6. Europe Steel Fiber Market: Historic and Forecast

6.1 Europe Steel Fiber Market: Snapshot

6.2 Europe Steel Fiber Market: Market Size and CAGR, 2021-2031 (USD Million & CAGR)

6.3 Europe Steel Fiber Market: Key Factors

6.4 Europe Steel Fiber Market: Segment Analysis

6.5 Europe Steel Fiber Market Segmentation: By Type

6.6 Europe Steel Fiber Market Segmentation: By Manufacturing Process

6.7 Europe Steel Fiber Market Segmentation: By Application

6.8 Europe Steel Fiber Market Segmentation: By Country

7. Asia Pacific Steel Fiber Market: Historic and Forecast

7.1 Asia Pacific Steel Fiber Market: Snapshot

7.2 Asia Pacific Steel Fiber Market: Market Size and CAGR, 2021-2031 (USD Million & CAGR)

7.3 Asia Pacific Steel Fiber Market: Key Factors

7.4 Asia Pacific Steel Fiber Market: Segment Analysis

7.5 Asia Pacific Steel Fiber Market Segmentation: By Type

7.6 Asia Pacific Steel Fiber Market Segmentation: By Manufacturing Process

7.7 Asia Pacific Steel Fiber Market Segmentation: By Application

7.8 Asia Pacific Steel Fiber Market Segmentation: By Country

8. Middle East & Africa Steel Fiber Market: Historic and Forecast

8.1 Middle East & Africa Steel Fiber Market: Snapshot

8.2 Middle East & Africa Steel Fiber Market: Market Size and CAGR, 2021-2031 (USD Million & CAGR)

8.3 Middle East & Africa Steel Fiber Market: Key Factors

8.4 Middle East and Africa Steel Fiber Market: Segment Analysis

8.5 Middle East & Africa Steel Fiber Market Segmentation: By Type

8.6 Middle East & Africa Steel Fiber Market Segmentation: By Manufacturing Process

8.7 Middle East & Africa Steel Fiber Market Segmentation: By Application

9. Competitive Positioning

9.1 Companies' Product Positioning

9.2 Market Share Analysis of Steel Fiber Market

9.3 Company Profiles

10. About the Publisher & Disclaimer

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