openPR Logo
Press release

Fiber Reinforced Polymer (FRP) Rebars Market size is forecast to surpass USD 90 million by 2024, growing at more than 11% CAGR

11-22-2016 05:29 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc.

Fiber Reinforced Polymer (FRP) Rebars Market size is forecast

Fiber Reinforced Polymer (FRP) Rebars Market size was over USD 45 million in 2015, and is forecast to surpass USD 90 million by 2024, growing at more than 11% CAGR.

Increasing composites demand from construction and transportation sectors owing to strong outlook towards truck & tailors production and commercial infrastructure are expected driving factors to stimulate global fiber reinforced polymer rebars market size growth.

Request for Reports Table of Content@

Major FRP rebars projects in North America includes Sierrita de la Cruz Creek Bridge, Pierce Street Bridge, Taylor Bridge Manitoba, Lima OH, Quebec, and Wotten. In addition, it is also used in decks for top or bottom mat. As per National Bridge Inventory (NBI), in the U.S. approximately 145,000 bridges were physically deficient in 2010. FRP rebars adoption in the construction application enhances service life and reducing cycle costs.

North America FRP rebars market size is set to witness significant growth, particularly for panel & sheets due to increase in demand from recreational construction, truck & trailers, and vehicles. Moreover, abundant raw material availability, manufacturing industry growth, plant capacity expansion, and penetration in non-residential construction are key factors fueling regional industry growth.

Inquire More About This Report@

Construction industry expansion in China and India owing to economy growth and increase in manufacturing capacities is projected to foster APAC FRP rebars market size growth. Europe, driven by Germany, France, and UK FRP rebars market, may witness significant gains owing to acceptance from public infrastructure authorities are potential factors influence regional demand.

MEA is noted to be a potential region for industry growth due to presence of large scale construction activities. Saudi Arabia, UAE, and Qatar are predicted to be the major contributing countries. FRP rebars are ideal for bridges, highways, & buildings application owing to their excellent strength-to-weight ratio which is superior to any traditional rebar.

Fiber reinforced polymer rebars market application includes highways, buildings & bridges, marine structures & waterfronts, and water treatment plants. Highways, buildings & bridges is set to witness fastest growth, rising need for construction and restoration due to insufficient maintenance, harsh environmental conditions, and architecturally deficient structure.

Global FRP rebars market share is driven patents, mergers & acquisitions, and agreements. Major industry players include Pultrall, Hughes Brothers, Marshall Composites Technologies, BP Composites, Pultron Composites, Armastek, Dextra Group, A.T.P., Firep International, Sireg, and International Grating.

Read our insightful industry blogs:

Contact Us:
Jack Davis
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

29L Atlantic Avenue, Suite L 105
Ocean View, Delaware

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fiber Reinforced Polymer (FRP) Rebars Market size is forecast to surpass USD 90 million by 2024, growing at more than 11% CAGR here

News-ID: 385746 • Views: 496

More Releases from Global Market Insights, Inc.

Robotic Prosthesis Market Dynamics, Forecast, Analysis and Supply Demand 2019-20 …
Robotic prosthesis market size is expected to grow significantly from 2019 to 2025. Robotic prosthesis market is primarily driven by growing demand for prosthetic implants owing to due to rise in number of accidents, severe injuries, tumors as well as congenital anomalies. Growing investments in R&D to integrate intelligent mechatronics, advanced sensing and control for attaining higher order lost sensorimotor functions, have enabled introduction of advanced technology within the devices
Anal Fistula Surgical Treatment Market Growth, Opportunities, Industry Applicati …
Anal fistula surgical treatment size is expected to grow significantly from 2019 to 2025. The anal fistula surgical treatment market is projected to witness lucrative growth over the coming years due to the increasing prevalence of inflammatory bowel diseases. Inflammatory bowel disease (IBD) is a chronic inflammatory disorder of the gastrointestinal (GI) tract that includes both ulcerative colitis and crohn disease. Some of the symptoms of inflammatory bowel diseases are
Healthcare Fabrics Market Outlook 2019 - Growth Drivers, Opportunities and Forec …
Healthcare fabrics market size is expected to grow significantly from 2019 to 2025. The healthcare fabrics market is estimated to witness lucrative growth over the coming years owing to increasing consumer awareness regarding the usage of hygiene products along with the improved quality of healthcare fabrics. The fabrics play a vital role in the healthcare textile industry as they are used in various medical applications. With the changing lifestyle, personal
Veterinary Equipment and Disposables Market Growth, Opportunities, Industry Appl …
Veterinary Equipment and Disposables Market size is projected to experience significant growth from 2019 to 2025. The veterinary equipment and disposables market is estimated to witness considerable growth over the forth coming years. These equipments and disposables are intended for diagnosis, monitoring and treatment of various health conditions associated with animals. High growth is attributable to increasing prevalence of zoonotic diseases coupled with rising trend of pet adoption in both

All 5 Releases

More Releases for FRP

Global FRP Grating Market 2019 - MEISER, Lionweld Kennedy, Fibrolux
This new report by Eon Market Research, titled “Global FRP Grating Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of FRP Grating industry at a global as well as regional and country level. Key facts analyzed in this report include the FRP Grating market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study
Aluminum FRP Market - Transformation Overview 2025 | Hindalco-Novelis, Alba, Ved …
Global Aluminum FRP Market: Snapshot Aluminum is a substantially common metal that is used for a plethora of purposes ranging from culinary and packaging to automobiles and metallurgy. However, the flat rolled products (FRP) derived from this metal find a huge demand in a plethora of domains, thereby constituting the global aluminum FRP market. These products are available in several types and are expected to witness an increasing demand at a
Global FRP Rebar Market 2018 - Hughes Brothers, Schoeck, Armastek
Apex Market Reports, recently published a detailed market research study focused on the “FRP Rebar Market” across the global, regional and country level. The report provides 360° analysis of “FRP Rebar Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of FRP Rebar on
2017 FRP Panels Market Shows Speedy Growth
This report studies FRP Panels in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Crane Composites Panolam Industries International Glasteel Enduro Composites Fibrosan Strongwell Corporation Nudo Products(Marlite) Resolite FRP Composites Polser Fiberglass Reinforced Plastics Crane Composites Lamilux Heinrich Strunz
Fiber Reinforced Plastic (FRP) Pipe Market 2017- Amiantit, EPP composites
The Global Fiber Reinforced Plastic (FRP) Pipe Market Analysis & Forecast Report 2017 is a professional and in-depth study on the current state of the Fiber Reinforced Plastic (FRP) Pipe Market. The report analysis the global market of Fiber Reinforced Plastic (FRP) Pipe by main manufactures and geographic regions. The report includes Fiber Reinforced Plastic (FRP) Pipe definitions, classifications, applications and industry chain structure, development trends, competitive landscape analysis, and
FRP Tanks Market-Global Industry Analysis,Trends and Forecast 2024
FRP Tanks Market: Overview FRP or Fiber Reinforced Plastic, also known as GRP or Glass Reinforced Plastic, is a modern composite material used for construction of chemical plant equipment such as tanks and vessels. FRP is referred to as a composite material, as it combines widely divergent properties of its constituents - reinforcing fibers and resin- into a unique material. Owing to this, corrosion-resistant FRP uses two basic laminate types: a