Steel Fiber Global Market Report 2026

Steel fiber refers to specially manufactured short-ended steel strips designed to enhance concrete strength by resisting tensile cracking. They are employed to replace traditional reinforcement in specific non-structural applications, aiming to minimize cracking by providing attributes such as good impact strength, high load-bearing capability post-cracking, ductility, and high resistance.

The steel fiber market discussed in this report is categorized by type into hooked, straight, deformed, and crimped. The hooked steel fiber, derived from quality base steel bar with excellent mechanical properties, particularly high tensile strength, experiences significant demand in the construction industry compared to other types. The market is further segmented by application, including concrete reinforcement, composite reinforcement, and refractories. Various end-user segments encompass polymer, chemical, pharmaceutical, aircraft/maritime/machine, measuring & instrumentation devices, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on steel fiber products have impacted global supply chains by increasing costs of hooked, straight, deformed, and crimped fibers, particularly affecting regions like north america, europe, and asia-pacific. Concrete reinforcement, composite reinforcement, and refractory segments are most affected due to higher import costs and supply delays. On the positive side, tariffs have encouraged local production, promoted the development of domestic manufacturing capabilities, and spurred innovation in high-performance and specialty steel fibers.

The steel fiber market research report is one of a series of new reports from The Business Research Company that provides steel fiber market statistics, including steel fiber industry global market size, regional shares, competitors with a steel fiber market share, detailed steel fiber market segments, market trends and opportunities, and any further data you may need to thrive in the steel fiber industry. This steel fiber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The steel fiber market size has grown strongly in recent years. It will grow from $2.49 billion in 2025 to $2.69 billion in 2026 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to rising use of steel fibers in construction sector, growth in concrete infrastructure projects, increasing demand from refractory materials industry, advancements in fiber manufacturing techniques, expansion of composite materials applications.

The steel fiber market size is expected to see strong growth in the next few years. It will grow to $3.58 billion in 2030 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growing adoption in high-rise and commercial construction, rising use in marine and aircraft composite materials, increasing demand for specialty fibers with improved tensile strength, expansion in industrial and chemical applications, development of innovative steel fiber designs for enhanced durability. Major trends in the forecast period include increasing adoption in concrete reinforcement applications, rising use in composite reinforcement materials, growth in specialty hooked and deformed fibers, expansion in refractory applications, demand for high-performance steel fibers with enhanced ductility.

The growth of the construction industry is expected to drive the expansion of the steel fiber market. The construction industry involves the building of houses, bridges, and other structures. Steel fiber is extensively used in construction and civil engineering materials due to its superior properties, including high impact resistance, greater fatigue durability, long service life, and lower maintenance costs. It finds applications in parking lots, playgrounds, airport runways, taxiways, maintenance hangars, access roads, and workshops. For example, in February 2025, the Office for National Statistics, a UK-based government department, reported that total annual construction output increased by 0.4% in 2024 compared with 2023. Consequently, the rapid growth of the construction industry is driving the steel fiber market.

Leading companies in the steel fiber market are focusing on developing sustainable products to reduce environmental impact. Sustainable steel fiber refers to steel fibers used in construction and manufacturing that are produced, utilized, and disposed of in an environmentally responsible and resource-efficient manner, promoting long-term sustainability while minimizing environmental harm. For example, in January 2023, HiPer Fiber LLC, a US-based provider of high-quality, affordable steel fibers, introduced HiPer fiber, an innovative type of steel fiber. This product is designed to significantly improve the performance of ultra-high-performance concrete (UHPC) and other applications requiring high strength and fiber elongation.

In October 2025, NV Bekaert SA, a Belgium-based steel fiber products provider, partnered with IKK Mateenbar to develop hybrid concrete reinforcement solutions. Through this collaboration, NV Bekaert and IKK Mateenbar aim to produce durable, corrosion-resistant concrete reinforcement systems by combining steel fibers with GFRP, supporting applications such as industrial floors, pavements, roads, rafts, and precast elements across the Middle East and North Africa. IKK Mateenbar is a Saudi Arabia-based manufacturer specializing in GFRP reinforcement systems for construction and infrastructure projects.

Major companies operating in the steel fiber market report are Arcelor Mittal SA, N. V. Bekaert S. A., Fibro Metals SRL, Nippon Seisen Co. Ltd., Zhejiang Boean Metal Products Co. Ltd., Green Steel Poland Sp. z o. o., Spajic Doo, Hunan Sunshine steel fiber co. Ltd., Yuthian Zhitai Steel fiber Manufacturing Co. Ltd., Ugitech S. A, Intra Micron Inc., Kosteel Co. Ltd., Junwei Metal Fiber Co. Ltd., Maccaferri SpA, The Euclid Chemical Company, Nycon Corp., Jiangsu Daqi Metal Surface Treatment Co. Ltd., Fabpro Polymers Inc., Cangzhou Daye Metal Fiber Co. Ltd., Onward Chemicals Pvt. Ltd., Ribbon Technology Corporation, Fibercon International Inc., Stewols India Ltd., Bekaert Corporation, Euclid Chemical Co., Steelcon Pty Ltd., Hengyang Steel Fiber Co. Limited, Steel Wire Corporation of America, Zibo Tenran Steel Fiber Co. Ltd

Asia-Pacific was the largest region in the steel fiber market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the steel fiber market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the steel fiber market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The steel fiber market consists of sales of single hooked, wad, crescent, and straight. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Steel Fiber Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses steel fiber market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for steel fiber ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The steel fiber market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Hooked; Straight; Deformed; Crimped
• 2) By Application: Concrete Reinforcement; Composite Reinforcement; Refractories
• 3) By End User: Construction And Infrastructure; Industrial And Manufacturing; Marine And Aerospace And Defense; Automotive; Refractories And High-Temperature Applications; Other End Users
• Subsegments:
• 1) By Hooked: Standard Hooked Fibers; Specialty Hooked Fibers
• 2) By Straight: Round Straight Fibers; Flat Straight Fibers
• 3) By Deformed: Short Deformed Fibers; Long Deformed Fibers
• 4) By Crimped: Short Crimped Fibers; Long Crimped Fibers
• Companies Mentioned: Arcelor Mittal SA; N. V. Bekaert S. A.; Fibro Metals SRL; Nippon Seisen Co. Ltd.; Zhejiang Boean Metal Products Co. Ltd.; Green Steel Poland Sp. z o. o.; Spajic Doo; Hunan Sunshine steel fiber co. Ltd.; Yuthian Zhitai Steel fiber Manufacturing Co. Ltd.; Ugitech S. A; Intra Micron Inc.; Kosteel Co. Ltd.; Junwei Metal Fiber Co. Ltd.; Maccaferri SpA; The Euclid Chemical Company; Nycon Corp.; Jiangsu Daqi Metal Surface Treatment Co. Ltd.; Fabpro Polymers Inc.; Cangzhou Daye Metal Fiber Co. Ltd.; Onward Chemicals Pvt. Ltd.; Ribbon Technology Corporation; Fibercon International Inc.; Stewols India Ltd.; Bekaert Corporation; Euclid Chemical Co.; Steelcon Pty Ltd.; Hengyang Steel Fiber Co. Limited; Steel Wire Corporation of America; Zibo Tenran Steel Fiber Co. Ltd
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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