Fiber Reinforced Polymer Rebar Market Size Analysis, Industry Outlook, & Region Forecast 2028

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Rising use of FRP rebar in constructions activities and rising government spending for construction and maintenance in developing countries are some of the key factors driving global fiber reinforced polymer (FRP) rebar market growth

This report is a fair prototype of the Fiber Reinforced Polymer Rebar-industry containing an in-depth study of the global Fiber Reinforced Polymer Rebar market. This report serves as a valuable source of data and information related to this industry. It covers various industry aspects with a particular focus on market scope and application areas. The report identifies the fundamental business strategies adopted by industry experts and offers an insightful study on the value chains and distribution channels of the global market. The report authors have also analyzed current industry trends, growth potential, current overview, and market limitations.

The global fiber reinforced polymer (FRP) rebar market size reached USD 171.3 Million in 2020 and is expected to register a revenue CAGR of 13.2%, during the forecast period, according to latest analysis by Emergen Research. Increased FRP rebar use in building projects, as well as increasing government expenditure on construction and maintenance in developing countries, are some of the primary factors driving global fiberreinforced polymer (FRP) rebar market revenue growth. Rising demand for FRP rebars in maritime structures and waterfronts is expected to further increase revenue growth of the market in the near future. Marine structures are very vulnerable to adverse environmental conditions, steel corrosion, abrasions, and sulphate reactions. Due to high fatigue endurance, resistance to rupture, and high reinforcing capabilities, demand for FRP rebar is increasing for maritime structures and waterfront application. High corrosion resistance, leakage control, and fracture control characteristics have facilitated research and development in seawaterapplication.

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Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Fiber Reinforced Polymer Rebar market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Fiber Reinforced Polymer Rebar market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Fiber Reinforced Polymer Rebar market.

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Competitive Terrain:

The global Fiber Reinforced Polymer Rebar industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Leading Market Players Profiled in the Report:

Nycon Corporation, Pultron Composites Ltd, Owens Corning, Kodiak Fiberglass Rebar LLC, Sireg Geotech S.r.l., Composite Group Chelyabinsk, Dextra Group, Hughes Brothers Inc., FiReP Inc., Sanskriti Composites Pvt. Ltd

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Fiber Reinforced Polymer Rebar market expected to boost the growth of the industry in the coming years.

Fiber Reinforced Polymer Rebar Market Segmentation:

  • Fiber Type Outlook (Revenue, USD Million; 2018–2028)

    • Basalt Fiber
    • Glass Fiber
    • Carbon Fiber
    • Aramid Fiber
  • Resin Type Outlook (Revenue, USD Million; 2018–2028)

    • Epoxy
    • Polyester
    • Vinyl Easter
    • Others

 

Regional Outlook:

  • North America (the U.S., Canada, Mexico)
  • Europe (the U.K., Germany, France, Italy)
  • Asia Pacific (India, China, Japan, Korea)
  • Latin America (Brazil, Argentina, Ecuador, Chile)
  • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key reasons to buy the Global Fiber Reinforced Polymer Rebar Market report:

  1. The latest report comprehensively studies the global Fiber Reinforced Polymer Rebar market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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