Fiber Reinforced Polymer Rebar Market In-Depth Analysis by Key Players, Type and Applications Forecast to 2028


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

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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. 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 fiber reinforced 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 seawater application.

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However, unwillingness to use fiber reinforced polymer (FRP) rebar among construction professionals is expected to hamper growth of the global fiber reinforced polymer (FRP) rebar market over the forecast period. With the increased demand for repair and strengthening of architecturally defective and old bridges, the usage of FRP rebars for construction purposes is rising. However, such rebars cannot completely substitute steel and other non-corrosive rebars in the market.  FRP is used to strengthen concrete structures as rebars are not always preferred by construction experts.

A novel report on global Fiber Reinforced Polymer Rebar Market is published by Emergen Research, offering current developments and emerging trends of the market. The report offers a comprehensive overview of the market along with details about market size, market share, revenue growth, and top companies. The report covers all crucial and essential information related to global Fiber Reinforced Polymer Rebar Market to help readers, investors, clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report.

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Emergen Research has segmented the global fiber reinforced polymer (FRP) rebar on the basis of fiber type, resin type, application, and region:

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

Application Outlook (Revenue, USD Million; 2018–2028)

Water Treatment Plants

Highways, Bridges Buildings

Marine Structures Waterfronts

Others

The report also studies the key companies of the Fiber Reinforced Polymer Rebar Disease market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.

Key players include

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,

Sanskriti Composites Pvt. Ltd.

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Key insights presented in the report:

Market revenue shares by major business players, by type, by application, and market scope of global Fiber Reinforced Polymer Rebar market

Sales revenue by key players and new entrants

Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers

Recent mergers, acquisitions, product launches, recent investments, and joint ventures

Regional analysis to provide insight into recent trends and opportunities

Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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