| Product Code: ETC5714076 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to rely on concrete fiber imports, with top exporters being Portugal, Spain, Brazil, Areas, nes, and France. Despite a high concentration in market share (HHI), the industry experienced a slight decline with a CAGR of -0.96% from 2020 to 2024. However, there was a positive uptick in growth rate from 2023 to 2024 at 5.75%, indicating potential opportunities for the market in the coming years. With key players dominating the market, strategic partnerships and market diversification may be key for sustained growth in the Cape Verde concrete fiber import sector.

The Concrete Fiber market in Cape Verde is expanding as the construction industry seeks to enhance the properties of concrete. Fibers are used to improve concrete`s tensile strength, crack resistance, and durability. The growth of this market is driven by the demand for high-performance concrete in various construction applications, including infrastructure and residential projects. Advances in fiber technology and the increasing focus on building longevity are contributing to the market`s development.
The Cape Verde Concrete Fiber market is driven by the growing use of fiber-reinforced concrete in construction applications. The incorporation of fibers into concrete enhances its strength, durability, and resistance to cracking. The demand for concrete fiber is supported by the expanding construction sector and the need for improved performance in concrete structures. Technological advancements in fiber materials and increasing awareness of their benefits also contribute to market growth.
The Cape Verde Concrete Fiber market faces challenges related to the limited availability of high-quality fibers and additives. The market is constrained by a lack of local production facilities and the high cost of imported materials. Additionally, there is a need for increased awareness and education on the benefits of fiber reinforcement in concrete applications. The market also suffers from inconsistent quality and limited technical support.
Cape Verdes government supports the Concrete Fiber market by promoting the use of fiber-reinforced concrete to enhance structural integrity and durability. Policies focus on ensuring the quality and effectiveness of concrete fibers used in construction. The government may provide incentives for companies that produce or use advanced fiber technologies and promote research into new types of fibers that can improve the performance and environmental sustainability of concrete.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Concrete Fiber Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Concrete Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Concrete Fiber Market - Industry Life Cycle |
3.4 Cape Verde Concrete Fiber Market - Porter's Five Forces |
3.5 Cape Verde Concrete Fiber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Concrete Fiber Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Cape Verde Concrete Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Cape Verde |
4.2.2 Growing awareness about the benefits of using concrete fibers in construction |
4.2.3 Government initiatives to promote sustainable construction practices |
4.3 Market Restraints |
4.3.1 High initial investment cost for incorporating concrete fibers in construction projects |
4.3.2 Limited availability of skilled labor for handling concrete fiber materials |
4.3.3 Fluctuating prices of raw materials used in concrete fiber production |
5 Cape Verde Concrete Fiber Market Trends |
6 Cape Verde Concrete Fiber Market Segmentations |
6.1 Cape Verde Concrete Fiber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Concrete Fiber Market Revenues & Volume, By Synthetic Fiber, 2021-2031F |
6.1.3 Cape Verde Concrete Fiber Market Revenues & Volume, By Steel Fiber, 2021-2031F |
6.1.4 Cape Verde Concrete Fiber Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.1.5 Cape Verde Concrete Fiber Market Revenues & Volume, By Natural Fiber, 2021-2031F |
6.1.6 Cape Verde Concrete Fiber Market Revenues & Volume, By Basalt Fiber, 2021-2031F |
6.2 Cape Verde Concrete Fiber Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Concrete Fiber Market Revenues & Volume, By Transport Infrastructure, 2021-2031F |
6.2.3 Cape Verde Concrete Fiber Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Cape Verde Concrete Fiber Market Revenues & Volume, By Mining & Tunnel, 2021-2031F |
6.2.5 Cape Verde Concrete Fiber Market Revenues & Volume, By Industrial Flooring, 2021-2031F |
7 Cape Verde Concrete Fiber Market Import-Export Trade Statistics |
7.1 Cape Verde Concrete Fiber Market Export to Major Countries |
7.2 Cape Verde Concrete Fiber Market Imports from Major Countries |
8 Cape Verde Concrete Fiber Market Key Performance Indicators |
8.1 Adoption rate of concrete fiber technology in construction projects in Cape Verde |
8.2 Percentage increase in the use of concrete fibers compared to traditional construction materials |
8.3 Number of research and development projects focused on enhancing concrete fiber technology in Cape Verde |
9 Cape Verde Concrete Fiber Market - Opportunity Assessment |
9.1 Cape Verde Concrete Fiber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Concrete Fiber Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Cape Verde Concrete Fiber Market - Competitive Landscape |
10.1 Cape Verde Concrete Fiber Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Concrete Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |