Global FRP Rebar Market Growth 2019-2024

SKU ID : LPI-13814292 | Publishing Date : 04-Feb-2019 | No. of pages : 166

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 2017 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.

According to this study, over the next five years the FRP Rebar market will register a 12.3% CAGR in terms of revenue, the global market size will reach US$ 530 million by 2024, from US$ 300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in FRP Rebar business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of FRP Rebar market by product type, application, key manufacturers and key regions and countries.

This study considers the FRP Rebar value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
GFRP Rebar
CFRP Rebar
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Road Building
Bridges & Port
Underground Construction
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global FRP Rebar consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of FRP Rebar market by identifying its various subsegments.
Focuses on the key global FRP Rebar manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the FRP Rebar with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of FRP Rebar submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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