Canada Concrete Reinforcing Fiber Market Size & Outlook

The concrete reinforcing fiber market in Canada is expected to reach a projected revenue of US$ 159.2 million by 2030. A compound annual growth rate of 4.6% is expected of Canada concrete reinforcing fiber market from 2022 to 2030.
Revenue, 2021 (US$M)
$106.2
Forecast, 2030 (US$M)
$159.2
CAGR, 2022 - 2030
4.6%
Report Coverage
Canada

Canada concrete reinforcing fiber market highlights

  • The Canada concrete reinforcing fiber market generated a revenue of USD 106.2 million in 2021 and is expected to reach USD 159.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.6% from 2022 to 2030.
  • In terms of segment, steel was the largest revenue generating product in 2021.
  • Basalt is the most lucrative product segment registering the fastest growth during the forecast period.


Concrete reinforcing fiber market data book summary

Market revenue in 2021USD 106.2 million
Market revenue in 2030USD 159.2 million
Growth rate4.6% (CAGR from 2021 to 2030)
Largest segmentSteel
Fastest growing segmentBasalt
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene, Polypropylene, Steel, Basalt
Key market players worldwideBasf SE, NV Bekaert SA, Cemex SAB de CV ADR, Sika AG, UltraTech Cement Ltd DR, Owens-Corning Inc, ABC Polymer Industries, LLC, Nycon, FORTA Concrete Fiber, RPM International Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 4.8% of the global concrete reinforcing fiber market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. concrete reinforcing fiber market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 1,054.9 million by 2030.

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Concrete Reinforcing Fiber Market Companies

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Canada concrete reinforcing fiber market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to concrete reinforcing fiber market will help companies and investors design strategic landscapes.


Steel was the largest segment with a revenue share of 39.74% in 2021. Horizon Databook has segmented the Canada concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.


Concrete reinforcing fiber market in Canada is expected to witness substantial growth owing to the growing construction industry, primarily due to rising population, urbanization, and increased rate of migration.

The growth in population in Canada is expected to significantly boost residential construction sector over the forecast period. Unlike the U.S., Canada is expected to witness strong demand for multi-family housing than single-family housing.

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Target buyers of Canada concrete reinforcing fiber market databook

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  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into Canada concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada concrete reinforcing fiber market size, by product, 2018-2030 (US$M)

Canada Concrete Reinforcing Fiber Market Outlook Share, 2021 & 2030 (US$M)

Canada concrete reinforcing fiber market size, by product, 2018-2030 (US$M)

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