Fiber Reinforced Polymer Rebar Market: A Breakdown of the Industry by Region and Segment

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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

The Global Fiber Reinforced Polymer Rebar Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Fiber Reinforced Polymer Rebar Market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Fiber Reinforced Polymer Rebar Market industry pertaining to growth factors, opportunities and lucrhative business prospects, regions showing promising growth, and forecast estimation till 2020.

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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, 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 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.

Report Objective:

The report offers a complete analysis of the global Fiber Reinforced Polymer Rebar market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as MA acquisition, partnerships, joint ventures, license agreement and collaborations. 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. and others are some of the top companies profiled in the report.

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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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

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Regional Overview:

The global Fiber Reinforced Polymer Rebar market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Fiber Reinforced Polymer Rebar market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

 

Key point summary of the report:

The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.

It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.

The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.

It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.

The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.

The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

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