Concrete Fibers Market Size

Concrete Fibers Market size was valued at USD 2.36 billion in 2024 and is likely to reach USD 6.8 billion by the end of 2037, registering around 8.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of concrete fibers is assessed at USD 2.52 billion. The reason behind the growth is impelled by the growing usage of concrete fibers in domestic construction for footings of minor dwellings and the construction of bridges, dams and stadiums.

The growing demand for vehicles is believed to fuel the concrete fibers market growth. As the per capita income of people across the globe is rising more and more people are purchasing vehicles which has also led to a growing need for parking lots that require crack resistant concrete as a reinforcing material.

After experiencing a decline during the pandemic, global auto sales began to rebound, reaching over 66 million units sold in 2021.