Market Overview:
The global FRP poles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for FRP poles from various applications, such as power transmission and distribution, telecommunication, lighting, and other applications. In terms of type, the filament winding segment is expected to lead the global FRP poles market during the forecast period. This can be attributed to its ability to withstand high wind speeds and corrosion resistance properties.
Product Definition:
FRP Poles are Fiberglass Reinforced Polymer poles. They are used to support overhead lines, such as power lines and telephone lines. They are made of a fiberglass-reinforced polymer material that is strong and lightweight, making them ideal for this application.
Filament Winding:
Filament winding is a process of making composite parts by spiraling a long fiber around a central core. It is used in the manufacturing of reinforced plastics (re-pregs) and carbon composites. The advantages include low cost, easy to use, high strength and performance as compared to other processes such as layup or cast resin molding.
The global filament winding market size was valued at USD 1.6 billion in 2016.
Pultrusion:
Pultrusion is a process of molding plastic resins into fibers by using continuous or intermittent heating. The material that is to be molded must be heated to its melting point so that the plastic can flow and take the shape of desired product. Pultrusion process has high demand in fiber reinforced composite (FRC) production as it allows easy mixing of filler and reinforcing materials, which cannot be achieved through other processes such as layup or cast-in place methods.
Application Insights:
Power transmission and distribution was the dominant application segment in the global market, accounting for over 40% of the overall revenue share in 2017. FRP poles are widely used for power transmission and distribution applications owing to their ability to withstand high wind speeds with minimal damage. Moreover, rising demand for electricity is expected to augment product demand over the forecast period.
Telecommunication application segment is also expected to witness significant growth during the forecast period on account of increasing use of fiber optics which needs a lightweight material as a structural component. Furthermore, growing digitalization across various end-use industries including healthcare & medical facilities, transportation and logistics sectors will further drive product demand globally during future years.
The lighting segment accounted for nearly 11% revenue share in 2017 due largely to increased usage of LED lights which require very little or no maintenance at all after installation compared with traditional HID (high intensity discharge) lighting systems currently being used across several construction sites globally including airports, industrial zones.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast period owing to increasing government funding for infrastructure development and growing demand for high strength composite poles from various end-use industries such as power, transportation and communication.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising investments by governments in developing countries such as China, India, Indonesia, Malaysia and Vietnam among others. In addition, rapid urbanization coupled with expanding telecommunication industry will drive product demand over the next eight years.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for FRP poles from the telecommunication and electrical utility sectors as a result of growing population and rapid urbanization.
- Rising awareness about the benefits of using FRP poles over traditional metal or concrete poles, which is helping to boost their adoption across various end-use industries.
- Growing investments in smart city initiatives that are expected to create new opportunities for the FRP Poles market over the next few years.
- Proliferation of advanced manufacturing technologies that are helping to reduce production costs of FRP Poles, thereby making them more affordable for end-users.
Scope Of The Report
Report Attributes
Report Details
Report Title
FRP Poles Market Research Report
By Type
Filament Winding, Pultrusion, Centrifugal Casting
By Application
Power Transmission and Distribution, Telecommunication, Lighting, Other
By Companies
RS Technologies Inc., Creative Pultrusions, Inc., Geotek, Strongwell, Petrofisa do Brasil, Jiangsu Jiuding New Material, Anil Rohit Group, Europoles GMBH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global FRP Poles Market Report Segments:
The global FRP Poles market is segmented on the basis of:
Types
Filament Winding, Pultrusion, Centrifugal Casting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Transmission and Distribution, Telecommunication, Lighting, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- RS Technologies Inc.
- Creative Pultrusions, Inc.
- Geotek
- Strongwell
- Petrofisa do Brasil
- Jiangsu Jiuding New Material
- Anil Rohit Group
- Europoles GMBH
Highlights of The FRP Poles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Filament Winding
- Pultrusion
- Centrifugal Casting
- By Application:
- Power Transmission and Distribution
- Telecommunication
- Lighting
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the FRP Poles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FRP Poles are a type of fiberglass poles used for construction. They are made from a lightweight, strong fiberglass material that is resistant to corrosion and weathering. FRP Poles are often used in construction projects because they offer an economical solution for erecting structures such as scaffolding, light towers, and bridges.
Some of the key players operating in the frp poles market are RS Technologies Inc., Creative Pultrusions, Inc., Geotek, Strongwell, Petrofisa do Brasil, Jiangsu Jiuding New Material, Anil Rohit Group, Europoles GMBH.
The frp poles market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. FRP Poles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. FRP Poles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. FRP Poles Market - Supply Chain
4.5. Global FRP Poles Market Forecast
4.5.1. FRP Poles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. FRP Poles Market Size (000 Units) and Y-o-Y Growth
4.5.3. FRP Poles Market Absolute $ Opportunity
5. Global FRP Poles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. FRP Poles Market Size and Volume Forecast by Type
5.3.1. Filament Winding
5.3.2. Pultrusion
5.3.3. Centrifugal Casting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global FRP Poles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. FRP Poles Market Size and Volume Forecast by Application
6.3.1. Power Transmission and Distribution
6.3.2. Telecommunication
6.3.3. Lighting
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global FRP Poles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. FRP Poles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global FRP Poles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. FRP Poles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global FRP Poles Demand Share Forecast, 2019-2026
9. North America FRP Poles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America FRP Poles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America FRP Poles Market Size and Volume Forecast by Application
9.4.1. Power Transmission and Distribution
9.4.2. Telecommunication
9.4.3. Lighting
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America FRP Poles Market Size and Volume Forecast by Type
9.7.1. Filament Winding
9.7.2. Pultrusion
9.7.3. Centrifugal Casting
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America FRP Poles Demand Share Forecast, 2019-2026
10. Latin America FRP Poles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America FRP Poles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America FRP Poles Market Size and Volume Forecast by Application
10.4.1. Power Transmission and Distribution
10.4.2. Telecommunication
10.4.3. Lighting
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America FRP Poles Market Size and Volume Forecast by Type
10.7.1. Filament Winding
10.7.2. Pultrusion
10.7.3. Centrifugal Casting
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America FRP Poles Demand Share Forecast, 2019-2026
11. Europe FRP Poles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe FRP Poles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe FRP Poles Market Size and Volume Forecast by Application
11.4.1. Power Transmission and Distribution
11.4.2. Telecommunication
11.4.3. Lighting
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe FRP Poles Market Size and Volume Forecast by Type
11.7.1. Filament Winding
11.7.2. Pultrusion
11.7.3. Centrifugal Casting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potntial Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe FRP Poles Demand Share, 2019-2026
12. Asia Pacific FRP Poles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific FRP Poles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific FRP Poles Market Size and Volume Forecast by Application
12.4.1. Power Transmission and Distribution
12.4.2. Telecommunication
12.4.3. Lighting
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific FRP Poles Market Size and Volume Forecast by Type
12.7.1. Filament Winding
12.7.2. Pultrusion
12.7.3. Centrifugal Casting
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific FRP Poles Demand Share, 2019-2026
13. Middle East & Africa FRP Poles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa FRP Poles Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa FRP Poles Market Size and Volume Forecast by Application
13.4.1. Power Transmission and Distribution
13.4.2. Telecommunication
13.4.3. Lighting
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa FRP Poles Market Size and Volume Forecast by Type
13.7.1. Filament Winding
13.7.2. Pultrusion
13.7.3. Centrifugal Casting
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa FRP Poles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global FRP Poles Market: Market Share Analysis
14.2. FRP Poles Distributors and Customers
14.3. FRP Poles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. RS Technologies Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Creative Pultrusions, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Geotek
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Strongwell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Petrofisa do Brasil
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu Jiuding New Material
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anil Rohit Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Europoles GMBH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
