Mexico Concrete Reinforcing Fiber Market Size & Outlook

The concrete reinforcing fiber market in Mexico is expected to reach a projected revenue of US$ 88.2 million by 2030. A compound annual growth rate of 4.2% is expected of Mexico concrete reinforcing fiber market from 2022 to 2030.
Revenue, 2021 (US$M)
$60.8
Forecast, 2030 (US$M)
$88.2
CAGR, 2022 - 2030
4.2%
Report Coverage
Mexico

Mexico concrete reinforcing fiber market highlights

  • The Mexico concrete reinforcing fiber market generated a revenue of USD 60.8 million in 2021 and is expected to reach USD 88.2 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 4.2% 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 60.8 million
Market revenue in 2030USD 88.2 million
Growth rate4.2% (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, Mexico accounted for 2.8% 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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Mexico 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 40.46% in 2021. Horizon Databook has segmented the Mexico concrete reinforcing fiber market based on polyethylene, polypropylene, steel, basalt covering the revenue growth of each sub-segment from 2018 to 2030.


The demand for fiber reinforced concrete in Mexico is expected to be driven by their growing use in the construction of hydropower generation plants.

The market is dominated by the demand for fiber reinforced concrete in the development and construction of dams coupled with the use of the product in dam repairs and maintenance. In addition, the growing infrastructure development in the economy is expected to account for the growth of concrete reinforcing fiber market over the forecast period.

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Target buyers of Mexico concrete reinforcing fiber market databook

  • Our clientele includes a mix of concrete reinforcing fiber market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico concrete reinforcing fiber market , including forecasts for subscribers. This country databook contains high-level insights into Mexico concrete reinforcing fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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