The Global Fiber Reinforced Polymer Rebar Market research report is a detailed document outlining the recent advancements and developments in the Fiber Reinforced Polymer Rebar Market business sphere considering 2020 as the base year and 2021-2028 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
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.
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.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies 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
Global Fiber Reinforced Polymer Rebar Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
RD Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management
Segments Covered in this report are:
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 Landscape section of the Fiber Reinforced Polymer Rebar report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
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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Research Report on the Fiber Reinforced Polymer Rebar Market Addresses the Following Key Questions:
Who are the dominant players of the Fiber Reinforced Polymer Rebar market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Fiber Reinforced Polymer Rebar market?
What are the key growth drivers and restraining factors of the Fiber Reinforced Polymer Rebar market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Fiber Reinforced Polymer Rebar market and its key segments?
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