The report [136 pages] “FRP Rebar Market by Resin Type, by Fiber Type, by Application (Highways, Bridges, & Buildings, Marine Structures & Waterfronts, Water Treatment Plants, and Others) – Global Forecasts to 2021”, published by MarketsandMarkets, the global market is projected to reach USD 91.00 Million by 2021, registering a CAGR of 11.4% between 2016 and 2021.
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This growth is fueled by the increasing demand for the renovation and strengthening of new and existing structurally deficient bridges, and growing application of FRP Rebars in other applications such as marine structures & water fronts, and water treatment plants globally.
The highways, bridges, & buildings application segment is projected to be the fastest-growing in the global FRP rebars market between 2016 and 2021. This can be attributed to the use of FRP rebars for construction of new bridges and restoration of structurally deficient or functionally obsolete bridges. In addition, to develop structures that are long-lasting and have the ability to withstand harsh environmental conditions, heavy loads, insufficient maintenance, and erroneous maintenance practices such as the use of sodium chloride.
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 FRP Rebars Market, By Resin Type
7 FRP Rebars Market, By Fiber Type
8 FRP Rebars Market, By Application
9 FRP Rebars Market, By Region
10 Competitive Landscape
11 Company Profiles
The North American region, being the largest market for FRP rebars, is also projected to register the highest CAGR in the FRP rebars market, in terms of value, between 2016 and 2021. This growth is driven by rising demand from highways, bridges, & buildings, marine structures & waterfronts, and other applications such as parking structures, MRI rooms, salt storage facilities, and so on.
Some of the key global players prevailing in the FRP Rebar Market are Hughes Brothers (U.S.), Pultrall Inc. (Canada), Marshall Composites Technologies LLC. (U.S.), Pultron Composites (New Zealand), Armastek (Russia), BP Composites Ltd. (Canada), Dextra Group (Thailand), Firep International AG (Switzerland), A.T.P. Avanzate Tecnologie Plastiche Srl (Italy), International Grating Inc. (U.A.E.), Sireg S.p.A (Italy), among others.
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