FRP Rebar Market is Forecasted to Reach US$285.3 Million in 2030, Says Stratview Research

The global FRP Rebar market size was valued at US$202.5 million in 2024 and is projected to reach US$285.3 million by 2034, witnessing a market growth CAGR of 5.6% from 2025 to 2034, according to an analysis by Stratview Research.

Stratview Research, a global market research firm, has launched a report on the global FRP Rebar market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2024: US$202.5 million
Market Size in 2030: US$285.3 million
Growth (CAGR): 5.6% during 2025-2030
Leading Fiber Type: Glass Fiber
Leading Resin Type: Vinyl Ester
Leading Diameter Type: 10-20 mm
Leading Application Type: Highways & Bridges
Leading Region: North America
Forecast Period: 2025-2030
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the FRP Rebar Market:
The global FRP Rebar market is segmented based on Fiber type, Application type, Resin type, Diameter type, and Region.

Based on fiber type -

- The FRP rebar market is segmented into glass fiber, basalt fiber, carbon fiber, and aramid fiber.
- Glass fiber is expected to remain the most dominant and fastest-growing fiber type in the market during the forecast period due to its significantly lower price compared to basalt and carbon fiber rebars and improved qualities including strength, flexibility, durability, stability, lightweight, and resistance to heat, temperature, and moisture.
- Construction of roads, bridges, maritime constructions, buildings, waterfronts, and water treatment facilities are among the major applications of glass fiber rebar.

Based on the resin type -

- Based on the resin type, the market is segmented into vinyl ester, epoxy, and others.
- Vinyl ester is anticipated to remain the dominant resin type in the market during the forecast period due to its increased toughness, heat, water, and corrosion resistance. Another important aspect contributing to its growing market share is its lower cost when compared to epoxy resins. It is a hybrid polyester resin that has epoxy resin added to it to make it stronger.
- Due to their superior physical performance compared to polyester resins and economic advantages over epoxies, vinyl ester resin is the most widely utilized in FRP rebars around the world.

Which region shows the most promising growth forecast and opportunity?

- In terms of countries, the USA is expected to remain the largest market for FRP Rebar during the forecast period.
- The region is witnessing high growth in the construction industry with the replacement of existing infrastructure and the development of new ones. As a result, the region serves as the growth engine for the industry. Asia-Pacific and Europe are also likely to generate sizeable opportunities in the coming five years.

FRP Rebar Market Drivers:

Some of the key drivers listed in the report are given below.

- Due to fast urbanization, a growing population, massive industrial and economic growth, etc., the construction industry is expanding quickly in developing nations like Saudi Arabia, India, and China.
- FRP rebars have been adopted for various projects due to their long-term cost advantages and useful properties like high strength and resistance to corrosion. Reinforcing solutions have become more and more prevalent in the construction of various megastructures and infrastructure projects in these countries.
- FRP rebars have been employed in numerous large-scale projects for structural reinforcement, including King Salman Energy Park, a new industrial city project being built in the Eastern Province of Saudi Arabia between Dammam and Al-Ahsa. Several water treatment facilities, including the Umm-al-Hayman Wastewater Plant in Kuwait, the STEP Link Sewers Project in the United Arab Emirates, and the Main Lines Wastewater Sanitary Work in Saudi Arabia.

Competitive Landscape: Top Companies in the FRP Rebar Market:

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the FRP Rebar Market:

• Pultron Composites
• Dextra Group
• Schöck Bauteile GmbH
• FiReP Group
• Owens Corning
• Composite Group Chelyabinsk
• B&B FRP Manufacturing Inc.
• Kodiak Fiberglass Rebar LLC
• Exel Composites
• Mateenbar USA Inc.

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Please write to us at sales@stratviewresearch.com

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the FRP Rebar market, answering critical questions like

- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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This release was published on openPR.