FRP Rebar Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
313214 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for FRP Rebar market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The FRP Rebar is projected to rise moderately in the projected time frame of 2023-2030.
FRP rebars are used widely in highways, bridges, & buildings application, as their superior strength-to weight ratio significantly exceeds that of any traditional rebar.
FRP rebars are used widely in highways, bridges, & buildings application, as their superior strength-to weight ratio significantly exceeds that of any traditional rebar. Currently, there are many producing companies in the world FRP rebar industry. The main players are Hughes Brothers, Schoeck, Armastek, Hebei Yulong, BP Composites (TUFF-Bar) and FiReP. The global sales of FRP Rebar increases to 236.39 M Meters in 2020 from 128.37 M Meters in 2012 with average growth rate of 12.99%.
In consumption market, the global consumption value of FRP Rebar increases with the 7.74% average growth rate. And North America and China are the main consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 56.89% of the global consumption volume in total.
FRP Rebar has many types, which include GFRP rebar, CFRP rebar, AFRP rebar and others. And each type has application industries relatively. With corrosion resistance and high strength of FRP rebar, the downstream application industries will need more FRP rebar products. So, FRP rebar has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance FRP Rebar through improving technology.
Global FRP Rebar market size will increase to 660 Million US$ by 2030, from 300 Million US$ in 2020, at a CAGR of 12.1% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for FRP Rebar.
Objectives of Research:
The overview of the global FRP Rebar market
Report comprised of the market companies, to describe and define and analyze the FRP Rebar market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Hughes Brothers, Schoeck, Armastek, Hebei Yulong, BP Composites (TUFF-Bar), FiReP, Dextra Group, Yuxing, Shanghai KNP, Pultrall, Pultron Composites, Fusite, Marshall Composite Technologies, Composite Rebar Technologies, Sireg Geotech, Kodiac Fiberglass Rebar, Fiberline, Tribeni Fiber, Captrad, Sanskriti Composites
Market by Order Type
GFRP Rebar
CFRP Rebar
Others
FRP Rebar Data by Application
Road Building
Bridges & Port
Underground Construction
Others
FRP Rebar Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the FRP Rebar market comprising definition
FRP Rebar Market Growth Drivers, Restrains, Challenges and opportunities
Major trends which is impacting the global FRP Rebar market
FRP Rebar Market segmentation and complete information about the market
Regional analysis of the market
Which regional market will develop as a champion at intervals in the coming years?
What are the top companies at intervals in the global FRP Rebar market?
What are the growth strategies of the key players to sustain hold at intervals in the global FRP Rebar market?
FRP Rebar Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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