Fiber Reinforced Polymer Rebar Market Future Size, Share and Trends 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

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. Increasing government spending on construction and maintenance in emerging nations, along with an increase in the use of FRP rebar in building projects, are some of the main drivers propelling the expansion of the global fibre reinforced polymer (FRP) rebar market.

In the near future, rising demand for FRP rebars in waterfront construction and maritime constructions is anticipated to further boost market revenue growth. Inadequate climatic conditions, steel corrosion, abrasions, and sulphate reactions can severely damage marine structures. Demand for FRP rebar is rising for shoreline applications and maritime constructions because of its high fatigue endurance, resistance to rupture, and high reinforcing capabilities. High corrosion resistance, leakage control, and fracture control properties have aided in the advancement of seawater application research and development.

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The global fibre reinforced polymer (FRP) rebar market is anticipated to increase over the course of the forecast period, but it is anticipated to be constrained by building professionals' resistance to using FRP rebar. The use of FRP rebars for construction is expanding since there is a greater need to repair and strengthen outdated and structurally deficient bridges.

The new report titled ‘Global Fiber Reinforced Polymer Rebar Market’, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Fiber Reinforced Polymer Rebar Market outlook over the forecast duration (2019-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments.

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 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)

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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Highlights of Table of Contents (TOC):

Overview of Global Fiber Reinforced Polymer Rebar Disease Market

Competitive analysis of the Fiber Reinforced Polymer Rebar Disease market

Regional analysis of Global Fiber Reinforced Polymer Rebar Disease market production and revenue

Regional analysis of Global Fiber Reinforced Polymer Rebar Disease market supply, consumption, and export import

Type-based market analysis of global Fiber Reinforced Polymer Rebar Disease production, revenue, and price trends

Application-based analysis of the global Fiber Reinforced Polymer Rebar Disease market

Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Fiber Reinforced Polymer Rebar Disease market

Global Fiber Reinforced Polymer Rebar Disease market forecast (2021-2028)

Conclusion of the research report

Appendix

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