Middle East & Africa Steel Fiber Market Size & Outlook
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MEA steel fiber market highlights
- The MEA steel fiber market generated a revenue of USD 159.4 million in 2024.
- The market is expected to grow at a CAGR of 5% from 2025 to 2030.
- In terms of segment, hooked was the largest revenue generating product in 2024.
- Hooked is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 159.4 million |
| Market revenue in 2030 | USD 205.4 million |
| Growth rate | 5% (CAGR from 2025 to 2030) |
| Largest segment | Hooked |
| Fastest growing segment | Hooked |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hooked, Straight, Deformed |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.5% of the global steel fiber market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,110.3 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Steel Fiber Market Scope
Steel Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nippon Seiki | View profile | 251-500 | Niigata, Niigata, Japan, Asia | http://www.nippon-seiki.co.jp |
| NV Bekaert SA | View profile | 23959 | Bekaertstraat 2, Zwevegem, Belgium, BE-8550 | https://www.bekaert.com |
| ArcelorMittal SA Depository Receipt | View profile | 126756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | http://www.arcelormittal.com |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
MEA steel fiber market size, by country, 2018-2030 (US$M)
Middle East & Africa Steel Fiber Market Outlook Share, 2024 & 2030 (US$M)
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