Saudi Arabia Steel Fiber Market Size & Outlook, 2025-2030
The steel fiber market in Saudi Arabia is expected to reach a projected revenue of US$ 36.2 million by 2030. A compound annual growth rate of 5.4% is expected of Saudi Arabia steel fiber market from 2025 to 2030.
Revenue, 2024 (US$M)
$27.2
Forecast, 2030 (US$M)
$36.2
CAGR, 2025 - 2030
5.4%
Report Coverage
Saudi Arabia
Related Markets
Saudi Arabia steel fiber market highlights
- The Saudi Arabia steel fiber market generated a revenue of USD 27.2 million in 2024 and is expected to reach USD 36.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.4% 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.
Steel fiber market data book summary
| Market revenue in 2024 | USD 27.2 million |
| Market revenue in 2030 | USD 36.2 million |
| Growth rate | 5.4% (CAGR from 2025 to 2030) |
| Largest segment | Hooked |
| Fastest growing segment | Hooked |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hooked, Straight, Deformed |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global steel fiber market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia steel fiber market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 36.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Steel Fiber Market Scope
Steel fiber market segmentation & 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 |
Saudi Arabia steel fiber market size, by product, 2018-2030 (US$M)
Saudi Arabia Steel Fiber Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
