Steel Fiber Market Research Report – Global Forecast till 2027

Steel Fiber Market Global Information by Type (Hooked Steel Fiber, Straight Steel Fiber, Deformed Steel Fiber), Application (Concrete reinforcement, Composite Reinforcement,), End-Use (Buildings & Construction, Transportation) and Region Forecast till 2027

ID: MRFR/CnM/5827-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2016−2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The steel fibers are the manufactured fibers which mainly composed of steel, steel-coated plastic, plastic-coated steel, or a steel core covered with other metals. These types of metallic fibers are produced from the steel alone or in combination with other substances. A metal fiber differs from a metal filament, which can be easily identified by the difference in their diameter. For instance, the filaments below 100 µm in diameter are considered as fibers. The substantial physical and electrical properties of the steel fibers are high corrosion and thermal resistance good electric and heat conductivity, and excellent Electromagnetic Interference (EMI) shielding capabilities. The stainless-steel fibers are widely used throughout various consumer and industrial applications such as construction, transportation, and mining. In addition, the steel fibers are mainly used to reinforce the concrete and overcome the problem of brittleness.


The primary factors favoring growth of the global steel fiber market are the increasing demand for the product in the rapidly growing end-use industries such building and construction, electrical, transportation, and mining. The product is primarily used in the concrete reinforcement on account of the substantial properties of such steel fiber reinforced concrete (SFRC) such as its superior resistance to cracking and crack propagation. This adds into the longevity of a structure and in turn maintain the economic value. The addition of steel fiber in can greatly increase the overall toughness of the building. This is likely to fuel demand for the product in almost all the industrial applications. The construction sector is witnessing rapid growth of the on account of various dynamics of this industry such as green buildings, sustainable construction, and emission regulations. This is expected to favor the market growth during the forecast period. However, higher cost associated with the operating cost of the product may hamper growth of the market in coming years.


Global Steel Fiber Market Share, by End-Use, 2017 (%)


Steel Fiber Market


Source: MRFR analysis


Regional Analysis


Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five regions studied for the global steel fiber market. Asia-Pacific is estimated to dominate the global steel fiber market. This regional market is projected to grow at the highest CAGR on account of the rapidly growing construction sector. In addition, the technological advancements in the industrial sector on part of the government initiative and rapid growth of the transportation and electrical industry are expected to be the key factors driving the regional market growth in the coming years.


North America is the second largest market, in terms of value, wherein the increasing demand for steel fiber in the continuously growing reconstruction activities and mining industry in this region is expected to drive the regional market growth during the review period.


Lastly, the market in the Middle East and Africa are projected to witness a healthy growth during the forecast period on account of healthy growth of the construction sector.


Market Segmentation


The global Steel Fiber market has been segmented on the basis of type, application, end-use, and region.


Based on type, the global steel fiber market has been segregated into hooked steel fiber, straight steel fiber, deformed steel fiber, and crimped steel fiber.


By application, the market has been categorized into concrete reinforcement, composite reinforcement, and refractories.


On the basis of end-use, the market has been divided into buildings & construction, transportation, mining and tunneling, flooring and pavement, and others.


The global steel fiber market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Key Players


Some of the key players in the global steel fiber market are Fibrometals (Romania), Bekaert (Belgium), Nippon Seisen Co., Ltd. (Japan), Green Steel Group (Italy), Ugitech S.A. (France), IntraMicron, Inc. (US), Ribbon Technology Corporation (US), HuNan HuiTong Advanced Materials CO., LTD.  (China), R. STAT SAS (France), and Fibercon International Inc. (US), among others


Intended Audience



  • Steel Fiber manufacturers

  • Traders and distributors of Steel Fiber

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Frequently Asked Questions (FAQ) :


The Asia Pacific region would score the most in the steel fiber market.

Various segments like buildings & construction, transportation, mining and tunneling, flooring and pavement, and others are profiting from the global steel fiber market.

The steel fiber market can be studied prominently using applications like composite reinforcement, concrete reinforcement, and refractories.

The high cost associated with the production of the steel fiber can deter the growth of the steel fiber market.

Steel fiber’s properties like good electric & heat conductivity, high corrosion & thermal resistance, and improved Electromagnetic Interference (EMI) shielding capabilities can ensure growth for the global steel fiber market.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Model

4.2.1 Threat of New Entrants

4.2.2 Threat of Rivalry

4.2.3 Threat of Substitutes

4.2.4 Bargaining Power of Suppliers

4.2.5 Bargaining Power of Buyers

5 Industry Overview of Global Steel Fiber Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Steel Fiber Market, by Type

6.1 Introduction

6.2 Hooked Steel Fiber

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Straight Steel Fiber

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Deformed Steel Fiber

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

6.5 Crimped Steel Fiber

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast, by Region, 2020-2027

7. Global Steel Fiber Market, by Application

7.1 Introduction

7.2 Concrete Reinforcement

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Composite Reinforcement

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Refractories

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

8. Global Steel Fiber Market, by End-Use

8.1 Introduction

8.2 Buildings & Construction

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Region, 2020-2027

8.3 Transportation

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Region, 2020-2027

8.4 Mining and Tunneling

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Region, 2020-2027

8.5 Flooring and Pavement

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Region, 2020-2027

9. Global Steel Fiber Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Type, 2020-2027

9.2.3 Market Estimates & Forecast by Application, 2020-2027

9.2.4 Market Estimates & Forecast by End-Use, 2020-2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Type 2020-2027

9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

9.2.5.4 Market Estimates & Forecast by End-Use, 2020-2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Type, 2020-2027

9.2.6.3 Market Estimates & Forecast by Application, 2020-2027

9.2.6.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Type, 2020-2027

9.3.3 Market Estimates & Forecast by Application, 2020-2027

9.3.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Type, 2020-2027

9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3.5.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

9.3.6.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Type, 2020-2027

9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

9.3.7.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Type, 2020-2027

9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

9.3.8.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3.9 UK

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Type, 2020-2027

9.3.9.3 Market Estimates & Forecast by Application, 2020-2027

9.3.9.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3.10 Russia

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast by Type, 2020-2027

9.3.10.3 Market Estimates & Forecast by Application, 2020-2027

9.3.10.4 Market Estimates & Forecast by End-Use, 2020-2027

9.3.11 Rest of Europe

9.3.11.1 Market Estimates & Forecast, 2020-2027

9.3.11.2 Market Estimates & Forecast by Type, 2020-2027

9.3.11.3 Market Estimates & Forecast by Application, 2020-2027

9.3.11.4 Market Estimates & Forecast by End-Use, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.4 Market Estimates & Forecast by End-Use, 2020-2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Type, 2020-2027

9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

9.4.5.4 Market Estimates & Forecast by End-Use, 2020-2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

9.4.6.4 Market Estimates & Forecast by End-Use, 2020-2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

9.4.7.4 Market Estimates & Forecast by End-Use, 2020-2027

9.4.8 Australia

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Type, 2020-2027

9.4.8.3 Market Estimates & Forecast by Application, 2020-2027

9.4.8.4 Market Estimates & Forecast by End-Use, 2020-2027

9.4.9 New Zealand

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Type, 2020-2027

9.4.9.3 Market Estimates & Forecast by Application, 2020-2027

9.4.9.4 Market Estimates & Forecast by End-Use, 2020-2027

9.4.10 Rest of Asia Pacific

9.4.10.1 Market Estimates & Forecast, 2020-2027

9.4.10.2 Market Estimates & Forecast by Type, 2020-2027

9.4.10.3 Market Estimates & Forecast by Application, 2020-2027

9.4.10.4 Market Estimates & Forecast by End-Use, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.4 Market Estimates & Forecast by End-Use, 2020-2027

9.5.5 Turkey

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.5.4 Market Estimates & Forecast by End-Use, 2020-2027

9.5.6 Israel

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Type, 2020-2027

9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

9.5.6.4 Market Estimates & Forecast by End-Use, 2020-2027

9.5.7 North Africa

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Type, 2020-2027

9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

9.5.7.4 Market Estimates & Forecast by End-Use, 2020-2027

9.5.8 GCC

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Type, 2020-2027

9.5.8.3 Market Estimates & Forecast by Application, 2020-2027

9.5.8.4 Market Estimates & Forecast by End-Use, 2020-2027

9.5.9 Rest of the Middle East & Africa

9.5.9.1 Market Estimates & Forecast, 2020-2027

9.5.9.2 Market Estimates & Forecast by Type, 2020-2027

9.5.9.3 Market Estimates & Forecast by Application, 2020-2027

9.5.9.4 Market Estimates & Forecast by End-Use, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.4 Market Estimates & Forecast by End-Use, 2020-2027

9.6.5 Brazil

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Type, 2020-2027

9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

9.6.5.4 Market Estimates & Forecast by End-Use, 2020-2027

9.6.6 Argentina

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.6.4 Market Estimates & Forecast by End-Use, 2020-2027

9.6.7 Mexico

9.6.7.1 Market Estimates & Forecast, 2020-2027

9.6.7.2 Market Estimates & Forecast by Type, 2020-2027

9.6.7.3 Market Estimates & Forecast by Application, 2020-2027

9.6.7.4 Market Estimates & Forecast by End-Use, 2020-2027

9.6.8 Rest of Latin America

9.6.8.1 Market Estimates & Forecast, 2020-2027

9.6.8.2 Market Estimates & Forecast by Type, 2020-2027

9.6.8.3 Market Estimates & Forecast by Application, 2020-2027

9.6.8.4 Market Estimates & Forecast by End-Use, 2020-2027

10. Competitive Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Application Developments/Agreements/Investments)

11. Company Profiles

11.1 Xiamen Steel Fiber Co., Ltd.

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Application/Business Segment Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.1.6 Strategy

11.2 Buffalo Steel Fiber Inc.

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Application/Business Segment Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.2.6 Strategy

11.3 Federal Carbide Company

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Application/Business Segment Overview

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.3.6 Strategy

11.4 China Minmetals Corporation

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Application/Business Segment Overview

11.4.4 Key Developments

11.4.5 SWOT Analysis

11.4.6 Strategy

11.5 Global Steel Fiber & Powders Corporation

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Application/Business Segment Overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.5.6 Strategy

11.6 Wolfram Bergbau-und Hutten AG

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Application/Business Segment Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.6.6 Strategy

11.7 Steel Fiber Mining NL

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Application/Business Segment Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.7.6 Strategy

11.8 Tejing Steel Fiber

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Application/Business Segment Overview

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.8.6 Strategy

11.9 Japan New Metals Co., Ltd.

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Application/Business Segment Overview

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.9.6 Strategy

11.10 Saloro

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Application/Business Segment Overview

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.10.6 Strategy

12. Conclusion

LIST OF TABLES

Table 1 Global Steel Fiber Market, by Region, 2020-2027

Table 2 North America: Steel Fiber Market, by Country, 2020-2027

Table 3 Europe: Steel Fiber Market, by Country, 2020-2027

Table 4 Asia-Pacific: Steel Fiber Market, by Country, 2020-2027

Table 5 Middle East & Africa: Steel Fiber Market, by Country, 2020-2027

Table 6 Latin America: Steel Fiber Market, by Country, 2020-2027

Table 7 Steel Fiber Type Market, by Region, 2020-2027

Table 8 North America: Steel Fiber Type Market, by Country, 2020-2027

Table 9 Europe: Steel Fiber Type Market, by Country, 2020-2027

Table 10 Asia-Pacific: Steel Fiber Type Market, by Country, 2020-2027

Table 11 Middle East & Africa: Steel Fiber Type Market, by Country, 2020-2027

Table 12 Latin America: Steel Fiber Type Market, by Country, 2020-2027

Table 13 Steel Fiber Application Market, by Region, 2020-2027

Table 14 North America: Steel Fiber Application Market, by Country, 2020-2027

Table 15 Europe: Steel Fiber Application Market, by Country, 2020-2027

Table 16 Asia-Pacific: Steel Fiber Application Market, by Country, 2020-2027

Table 17 Middle East & Africa: Steel Fiber Application Market, by Country, 2020-2027

Table 18 Latin America: Steel Fiber Application Market, by Country, 2020-2027

Table 19 Steel Fiber End-Use Market, by Region, 2020-2027

Table 20 North America: Steel Fiber End-Use Market, by Country, 2020-2027

Table 21 Europe: Steel Fiber End-Use Market, by Country, 2020-2027

Table 22 Asia-Pacific: Steel Fiber End-Use Market, by Country, 2020-2027

Table 23 Middle East & Africa: Steel Fiber End-Use Market, by Country, 2020-2027

Table 24 Latin America: Steel Fiber End-Use Market, by Country, 2020-2027

Table 25 Global Type Market, by Region, 2020-2027

Table 26 Global Application Market, by Region, 2020-2027

Table 27 Global End-Use Market, by Region, 2020-2027

Table 28 North America: Steel Fiber Market, by Country, 2020-2027

Table 29 North America: Steel Fiber Market, by Material, 2020-2027

Table 30 North America: Steel Fiber Market, by Application, 2020-2027

Table 31 North America: Steel Fiber Market, by End-Use, 2020-2027

Table 32 Europe: Steel Fiber Market, by Country, 2020-2027

Table 33 Europe: Steel Fiber Market, by Material, 2020-2027

Table 34 Europe: Steel Fiber Market, by Application, 2020-2027

Table 35 Europe: Steel Fiber Market, by End-Use, 2020-2027

Table 36 Asia-Pacific: Steel Fiber Market, by Country, 2020-2027

Table 37 Asia-Pacific: Steel Fiber Market, by Material, 2020-2027

Table 38 Asia-Pacific: Steel Fiber Market, by Application, 2020-2027

Table 39 Asia-Pacific: Steel Fiber Market, by End-Use, 2020-2027

Table 40 Middle East & Africa: Steel Fiber Market, by Country, 2020-2027

Table 41 Middle East & Africa: Steel Fiber Market, by Material, 2020-2027

Table 42 Middle East & Africa: Steel Fiber Market, by Application, 2020-2027

Table 43 Middle East & Africa: Steel Fiber Market, by End-Use, 2020-2027

Table 44 Latin America: Steel Fiber Market, by Country, 2020-2027

Table 45 Latin America: Steel Fiber Market, by Material, 2020-2027

Table 46 Latin America: Steel Fiber Market, by Application, 2020-2027

Table 47 Latin America: Steel Fiber Market, by End-Use, 2020-2027

LIST OF FIGURES

FIGURE 1 Steel Fiber Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Steel Fiber Market

FIGURE 4 Value Chain/Supply Chain of Steel Fiber Market

FIGURE 5 Share of Steel Fiber Market, by Country, 2017 (%)

FIGURE 6 Global Steel Fiber Market, 2020-2027

FIGURE 7 Sub Segments of Type

FIGURE 9 Steel Fiber Market size, by Type, 2020 (%)

FIGURE 10 Share of Steel Fiber Market, by Type, 2020-2027

FIGURE 11 Sub Segments of Application

FIGURE 12 Steel Fiber Market size, by Application, 2020 (%)

FIGURE 13 Share of Steel Fiber Market, by Application, 2020-2027

FIGURE 14 Sub Segments of End-Use

FIGURE 15 Steel Fiber Market size, by End-Use, 2020 (%)

FIGURE 16 Share of Steel Fiber Market, by End-Use, 2020-2027