openPR Logo
Press release

Fiber Reinforced Polymer Rebars Market Global Trends 2017 to 2024, Future Growth & Industry Drivers

07-18-2017 04:23 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc

Fiber Reinforced Polymer Rebars Market Global Trends 2017

FRP Rebars Market (Fiber Reinforced Polymer Rebar Market) size is set to exceed USD 1.25 billion by 2024. Potential outlook in highways, bridges & buildings along with water treatment plants will propel the FRP rebar market growth. Increasing renovation projects on functionally deficient structures has encouraged the product demand in the market.

Global Market Insights has announced the addition of a new forecast research report "Fiber Reinforced Polymer (FRP) Rebars Market Size By Resin (Polyester, Vinyl Ester), By Product (Glass Fiber Composites, Aramid Fiber Composites, Basalt Fiber Composites, Carbon Fiber Composites), By Application (Marine Structures & Waterfronts, Highways, Bridges & Buildings, Water Treatment Plants, MRI Rooms), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Australia, South Korea, Brazil, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024".

Request for a sample pages from this research@
www.gminsights.com/request-sample/detail/698

Technological advancement in product design, and material are the factors enhancing product penetration. Growth in construction of decks & railings, floor slabs, columns, parking garages, and walls will propel industry demand.

The Fiber Reinforced Polymer Rebars Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Fiber Reinforced Polymer Rebars Industry Insights

3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends

Read our news on globenewswire:
https://globenewswire.com/news-release/2017/04/04/953981/0/en/FRP-Rebar-Market-worth-over-1-25bn-by-2024-Global-Market-Insights-Inc.html

4. Fiber Reinforced Polymer Rebars Market Product Insights

Basalt fiber composite FRP rebar market will witness CAGR around 9% by 2024. Easy availability, resistance to hostile environment, magnetic transparency, insubstantial, and corrosion resistance are the key properties driving product demand.

Polyester FRP rebar are extensively used to fix structural or functional deficiency in degraded heritage buildings. Chemical and mechanical resistance, cost efficiency, easy-to-use along with superior dimensional and electrical properties are the other major factors surging the market growth.

Vinyl ester is the fastest growing resin in FRP rebar market owing to its numerous substantial properties including exceptional corrosion resistance to chemicals, fuels, or vapors, heat insulation, durability, and high tensile strength. High initial costs and low consumer awareness about the product are the major restraining trends.

5. Fiber Reinforced Polymer Rebars Market Application Insights

FRP rebar demand from marine structures & waterfronts will grow over 7%. Development of ports & waterfronts including temporary walls, wharfs, coastal seaports, and submarine camels are the growing opportunities for this industry. Increasing development of inner waterway channels for transportation of goods within the country will drive the demand.

Global FRP rebar market revenue from water treatment plants was over USD 50 million in 2015. Increase in construction of desalinization plants, waste and water treatment plants are key drivers of the FRP rebar market growth. Increase in the infrastructure development pertaining to plants including railing systems, grating, stair treads, ladders, platforms, safety cages, trench and vault covers will fuel the industry demand in this segment.

Make an Inquiry for Purchasing this report@
www.gminsights.com/inquiry-before-buying/698

6. Fiber Reinforced Polymer Rebars Market Regional Insights

North America led by U.S., is expected to grow over 7%. Favorable regulations and increasing construction of new structures accompanied by the structural strengthening projects will propel the FRP rebar market in this region. APAC will witness CAGR over 8%. Increasing infrastructure spending particularly in emerging economies including China and India will drive the demand. The region accounted for 40% of the global construction spending in 2015.

MEA FRP rebar will witness growth exceeding 8.5%. Presence of large-scale construction spending accompanied by regulatory compliance particularly in UAE and Saudi Arabia will fuel the industry growth.

Europe led by Germany and UK will witness CAGR over 6.5%. Increasing renovation in commercial and residential buildings will escalate the regional demand. Additionally, rising demand from magnetic and electric isolation applications including MRI rooms, high-voltage substations, cable ducts, and radio frequency sensitive areas should fuel the industry growth.

Source Report:
https://www.gminsights.com/industry-analysis/fiber-reinforced-polymer-frp-rebars-market

7. Competitor Profiles

Global FRP rebar market share is at a developing stage with greater focus on new product innovations. Companies are expanding their geographical coverage with supply agreements and developing their product portfolio. The key industry players include Hughes Brothers Inc, BP Composites Ltd and Marshall Composites Systems. Other industry participants include Technobasalt Invest LLC, Composite Rebar Technologies (CRT), Schock international, Pultrall Inc., Fibrolux GmbH., Sireg Geotech Srl, and Pultrall Inc.

About Global Market Insights, Inc.:
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.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
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 Rebars Market Global Trends 2017 to 2024, Future Growth & Industry Drivers here

News-ID: 630333 • Views:

More Releases from Global Market Insights, Inc

Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Systems, Esaote, Fujifilm, B. Braun, GE Healthcare, Koninklijke Philips
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition. Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bhd, Fortis Healthcare, Apollo Hospitals
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Healthcare, Hitachi Medical, Hologic, Canon Medical Systems, Neusoft Medical Systems
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad International, DowDuPont Inc, Ercon Inc., Gwent Group, Johnson & Johnson
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This

All 5 Releases


More Releases for Fiber

Fiber Laser Market Forecast to 2028 COVID-19 Impact and Global Analysis By Type …
The fiber laser market was valued at US$ 2286.16 million in 2021 and is projected to reach US$ 4,765.43 million by 2028; it is expected to grow at a CAGR of 11.1% from 2021 to 2028. Automotive production is constantly rising across the world, particularly in Asian and European countries, which is driving the demand for fiber lasers. Most automotive manufacturers are rapidly turning to fiber lasers to resolve their manufacturing
Pea Fiber Market Inclinations Exhibit Growing Demand during the Period until 202 …
The new report on the pea fiber market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. This highly favorable growth of the pea protein creates a highly conducive environment for the associated pea fiber market, which is expected to exhibit a promising CAGR of ~8% during the forecast period (2019-2029. The business intelligence
Optical Fiber and Optical Fiber Cables Market
Optical Fibers and Optical Fiber Cables Market describes its growth, size, share, Forecast and trends to 2025 Optical Fibers and Optical Fiber Cables Market Production and Demand Analysis 2019 to 2025 Optical Fibers and Optical Fiber Cables Market 2019 Manufacturing Analysis and Development Forecast to 2025 Optical Fibers and Optical Fiber Cables Market 2019: Recent Study Including Growth Factors, Regional Drivers, Forecast 2025 Optical Fibers and Optical Fiber Cables Market Insights 2019, Global and
Aramid Fiber Market (Para-Aramid Fiber, Meta-Aramid Fiber) by Type, Application …
The aramid fiber market (http://www.rnrmarketresearch.com/aramid-fiber-market-by-type-para-aramid-fiber-meta-aramid-fiber-and-application-security-protection-frictional-material-tire-rubber-reinforcement-optical-fiber-electrical-insulation-aeros-market-report.html) is projected to grow from USD 3.28 billion in 2018 to USD 5.78 billion by 2024, at a CAGR of 9.9%. The increasing demand for lightweight materials for automotive components owing to stringent environmental and emission regulations is expected to drive the market in the automotive industry. In addition, the demand for lightweight and flexible materials for body armor, firefighting equipment, bulletproof vests, helmets, and
Fiber Laser Market 2025 - Global Analysis and Forecasts by Type (Infrared Fiber …
The "Global Fiber Laser Market Analysis to 2025" is a specialized and in-depth study of the fiber laser industry with a focus on the global market trend. The report aims to provide an overview of global fiber laser market with detailed market segmentation by type, application and geography. The global fiber laser market is expected to witness high growth during the forecast period. The report provides key statistics on the
Concrete Fiber Market Growth Study by Type [Synthetic Concrete Fiber, Steel Conc …
Fiber reinforced concrete involves the use of fibrous material to increase the structural integrity of concrete. Fibers are typically used in concrete to control cracking and faults that occur due to the shrinkage of plastic and evaporation of water during hardening stage of concrete. Concrete fibers are majorly used in different end-user industries such as residential, commercial, industrial, building, and construction. Moreover, fibers add tensile strength and toughness in concrete