Global Steel Fiber Market Analysis (2020 to 2026) - Opportunity Analysis for New Entrants -

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The Global Steel Fiber market is expected to reach $3.44 billion by 2026 growing at a CAGR of 7.0% from 2018 to 2026.

Steel fiber blended into the concrete can offer an option to the provision of conventional steel bars or welded fabric in certain applications. Steel fiber are utilized where control of crack propagation is generally noticeable in design. Steel fiber exhibits better matrix anchorage at high deformations and enormous crack widths, longer, heavily deformed fiber affords better post-crack strength.

Factors such as growing construction spending in emerging countries and rising focus on infrastructure are driving the market growth. However, synthetic fibers replacing these fibers in certain applications is hampering the market growth.

Based on type, the hooked segment is going to have a lucrative growth during the forecast period as these fibers are used in concrete reinforcement in hydraulic structures, airport and highway paving, industrial floor, refractory concrete, bridge decks, shotcrete linings, and explosion resistant structures and enhances initial crack strength and provides post-crack strength.

The key vendors mentioned are Zhejiang Boean Metal Products, Yuthian Zhitai Steel Fiber Manufacturing, Spajic Doo, R. STAT, Nippon Seisen, Hunan Sunshine Steel Fiber, Green Steel Group, Fibrometals, Bekaert, Arcelor Mittal, Onward Chemicals Pvt. Ltd., Kosteel Co. Ltd., Precision Drawell, Fibre Zone and Nikko Techno.

Key Questions Answered in this Report:

  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Steel Fiber Market, By Product Type

5.1 Introduction

5.2 Stainless Steel Fiber

5.3 Carbon Steel Fiber

6 Global Steel Fiber Market, By Form

6.1 Introduction

6.2 Mat

6.3 Knitting

6.4 Cloth

6.5 Belt

7 Global Steel Fiber Market, By Type

7.1 Introduction

7.2 Straight

7.3 Hooked

7.4 Deformed

7.5 Crimped

8 Global Steel Fiber Market, By Application

8.1 Introduction

8.2 Refractories

8.3 Concrete reinforcement

8.4 Composite reinforcement

9 Global Steel Fiber Market, By Manufacturing Process

9.1 Introduction

9.2 Slit Sheet

9.3 Melt Extract

9.4 Cut Wire/Cold Drawn

10 Global Steel Fiber Market, By End User

10.1 Introduction

10.2 Transportation

10.3 Precast

10.4 Polymer

10.5 Pharmaceutical

10.6 Mining and Tunneling

10.7 Measuring & Instrumentation Devices

10.8 Flooring and Pavement

10.9 Electrical

10.10 Chemical

10.11 Buildings & Construction

10.12 Aircraft/Maritime/Machine

11 Global Steel Fiber Market, By Geography

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 South America

11.6 Middle East & Africa

12 Strategic Benchmarking

13 Vendors Landscape

13.1 Zhejiang Boean Metal Products

13.2 Yuthian Zhitai Steel Fiber Manufacturing

13.3 Spajic Doo

13.4 R. STAT

13.5 Nippon Seisen

13.6 Hunan Sunshine Steel Fiber

13.7 Green Steel Group

13.8 Fibrometals

13.9 Bekaert

13.10 Arcelor Mittal

13.11 Onward Chemicals Pvt. Ltd.

13.12 Kosteel Co. Ltd.

13.13 Precision Drawell

13.14 Fibre Zone

13.15 Nikko Techno

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