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.
The Global Fiber Reinforced Polymer Rebar Market report presents comprehensive information covering insightful data for businesses and investors for the time period of. The report studies the historical data of the Fiber Reinforced Polymer Rebar market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.
The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
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Key Points of Fiber Reinforced Polymer Rebar Market:
- Extensive coverage of the analysis of the Fiber Reinforced Polymer Rebar market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Fiber Reinforced Polymer Rebar market
- Complete data about the key manufacturers and vendors in the Fiber Reinforced Polymer Rebar market
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The major companies Covered in the report are:
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
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
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
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional Analysis of the Fiber Reinforced Polymer Rebar Market:
The report sheds light on the region expected to dominate the Fiber Reinforced Polymer Rebar market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Fiber Reinforced Polymer Rebar market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Key Benefits of Buying the Global Fiber Reinforced Polymer Rebar Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast and assessment of the Global Fiber Reinforced Polymer Rebar market.
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Fiber Reinforced Polymer Rebar Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Fiber Reinforced Polymer Rebar Market
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