Market Overview:
The global fiber reinforced polymer composite rebar (FRP rebar) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for FRP rebar from various end-use industries, such as road building, bridges & ports, underground construction, and others. In addition, the growing awareness about the benefits of using FRP rebar over traditional steel rebars is also contributing to the growth of this market. Based on type, the global fiber reinforced polymer composite rebar (FRP rebar) market has been segmented into glass fiber reinforced polymer (GFRP) rebar, basalt fiber reinforced polymer (BFRP) rebar carbon fiber reinforced plastic (CFRP) rebar and others. GFRPs are currently dominating this market due to their high strength-to-weight ratio and corrosion resistance properties as compared with other types of FRPs. However; BFRPs are expected to witness highest growth during the forecast period owing to their superior mechanical properties as compared with other types of FRPs. Based on application,the global Fiber Reinforced Polymer Composite Rebar(frp Rebar )market has been segmented into road building bridges & port ,underground construction and others . Road building is currently leading this application segment due its growing demand for better infrastructure globally .
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Product Definition:
Fiber Reinforced Polymer Composite Rebar (FRP Rebar) is a composite material made of fiber reinforced polymer (FRP) and steel. FRP rebar is used as a reinforcing agent in concrete and masonry structures to improve the overall strength and stiffness of the structure.
Glass Fiber Reinforced Polymer Rebar (GFRP Rebar):
Glass Fiber Reinforced Polymer Rebar (GFRP Rebar) is a composite material made from reinforcing fibers and granules of glass fiber reinforced polymer resin. The product was developed by DuPont as a substitute for steel rebar for use in concrete structures.
Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar):
Basalt fiber reinforced polymer rebar is a type of composite material that consists of glass fibers and resin matrix. Basalt fiber reinforced polymer (BFRP) rebar has superior properties such as high strength, stiffness, low weight, corrosion resistance and electrical insulation compared to steel-rebar composites. BFRP Rebar also provides fire safety by burning completely in case of fire whereas FRP Rebar will self-extinguish once the flame source is removed.
Application Insights:
The road building segment led the global market and accounted for more than a 38% share of the overall revenue in 2017. FRP-rebar is widely used in road construction owing to its ability to withstand high stress, strain and weight imposed on it. The product is also expected to witness significant demand from other applications such as bridges & port, underground construction and others over the forecast period.
Underground construction was one of the prominent segments that contributed significantly towards revenue growth in 2017. The use of lightweight composite materials with superior compressive strength allows tunnel designers to reduce excavation costs while improving upon structural efficiency during earthquakes or heavy rains without compromising upon durability or design integrity. In addition, advanced manufacturing technologies enable tunnel builders/designers access to products with higher accuracy during production thereby reducing material wastage and increasing productivity leading to increased adoption across various industries worldwide including transportation & infrastructure among others.
Regional Analysis:
The demand for the product is majorly driven by the construction industry in North America and Europe. The growth of these regions is also supported by increasing government funding for infrastructure development projects. For instance, according to a white paper on smart cities published in 2017 by the Government of India, fiber-reinforced polymer composite (FRP) rebar would be used as structural support in several buildings constructed as part of urban infrastructure under “Smart Cities Mission†project.
Asia Pacific was estimated to be the largest market with a volume share of 68.1% in 2017 owing to rapid urbanization and growing population across countries such as China and India that has led to increased spending on various public sector projects including roads, hospitals, schools etc.
Growth Factors:
- Increasing demand for FRP rebar from infrastructure and construction sector due to its high strength-to-weight ratio and corrosion resistance properties.
- Rising awareness about the benefits of using FRP rebar among architects, engineers, and contractors for construction projects.
- Growing demand for lightweight and durable materials in automotive industry to improve fuel efficiency is expected to boost the market growth of FRP rebar in near future.
- Rapid urbanization coupled with increasing investments in transportation infrastructure is projected to propel the market growth of FRP rebar during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Research Report
By Type
Glass Fiber Reinforced Polymer Rebar (GFRP Rebar), Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar), Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar), Others
By Application
Road Building, Bridges & Port, Underground Construction, Others
By Companies
Hughes Brothers, Schoeck, Armastek, Hebei Yulong, BP Composites (TUFF-Bar), FiReP, Dextra Group, Yuxing, Shanghai KNP, Pultrall, Hughes Brothers, Fusite, Marshall Composite Technologies, Composite Rebar Technologies, Sireg Geotech, Kodiac Fiberglass Rebar, Fiberline, Tribeni Fiber, Captrad, Sanskriti Composites
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Report Segments:
The global Fiber Reinforced Polymer Composite Rebar (FRP Rebar) market is segmented on the basis of:
Types
Glass Fiber Reinforced Polymer Rebar (GFRP Rebar), Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar), Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar), Others
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
Road Building, Bridges & Port, Underground Construction, Others
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:
- Hughes Brothers
- Schoeck
- Armastek
- Hebei Yulong
- BP Composites (TUFF-Bar)
- FiReP
- Dextra Group
- Yuxing
- Shanghai KNP
- Pultrall
- Hughes Brothers
- Fusite
- Marshall Composite Technologies
- Composite Rebar Technologies
- Sireg Geotech
- Kodiac Fiberglass Rebar
- Fiberline
- Tribeni Fiber
- Captrad
- Sanskriti Composites
 Market Overview.svg)
Highlights of The Fiber Reinforced Polymer Composite Rebar (FRP Rebar) 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:
- Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
- Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
- Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
- Others
- By Application:
- Road Building
- Bridges & Port
- Underground Construction
- Others
- 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 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) 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
 Market Statistics.svg)
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?
Fiber Reinforced Polymer Composite Rebar is a type of reinforced concrete that is made up of small pieces of fiber-reinforced polymer (FRP) embedded in a matrix of cement. The fibers are usually oriented in a helical or spiral pattern, which gives the rebar its strength and resistance to fatigue.
Some of the major players in the fiber reinforced polymer composite rebar (frp rebar) market are Hughes Brothers, Schoeck, Armastek, Hebei Yulong, BP Composites (TUFF-Bar), FiReP, Dextra Group, Yuxing, Shanghai KNP, Pultrall, Hughes Brothers, Fusite, Marshall Composite Technologies, Composite Rebar Technologies, Sireg Geotech, Kodiac Fiberglass Rebar, Fiberline, Tribeni Fiber, Captrad, Sanskriti Composites.
The fiber reinforced polymer composite rebar (frp rebar) market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size & Forecast, 2018-2028
4.5.1 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size and Y-o-Y Growth
4.5.2 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Absolute $ Opportunity
Chapter 5 Global Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Type
5.2.1 Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
5.2.2 Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
5.2.3 Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Applications
6.2.1 Road Building
6.2.2 Bridges & Port
6.2.3 Underground Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Analysis and Forecast
9.1 Introduction
9.2 North America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Type
9.6.1 Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
9.6.2 Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
9.6.3 Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Applications
9.10.1 Road Building
9.10.2 Bridges & Port
9.10.3 Underground Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Analysis and Forecast
10.1 Introduction
10.2 Europe Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Type
10.6.1 Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
10.6.2 Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
10.6.3 Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Applications
10.10.1 Road Building
10.10.2 Bridges & Port
10.10.3 Underground Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Type
11.6.1 Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
11.6.2 Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
11.6.3 Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Applications
11.10.1 Road Building
11.10.2 Bridges & Port
11.10.3 Underground Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Analysis and Forecast
12.1 Introduction
12.2 Latin America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Type
12.6.1 Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
12.6.2 Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
12.6.3 Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Applications
12.10.1 Road Building
12.10.2 Bridges & Port
12.10.3 Underground Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Type
13.6.1 Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
13.6.2 Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
13.6.3 Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market Size Forecast by Applications
13.10.1 Road Building
13.10.2 Bridges & Port
13.10.3 Underground Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market: Competitive Dashboard
14.2 Global Fiber Reinforced Polymer Composite Rebar (FRP Rebar) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hughes Brothers
14.3.2 Schoeck
14.3.3 Armastek
14.3.4 Hebei Yulong
14.3.5 BP Composites (TUFF-Bar)
14.3.6 FiReP
14.3.7 Dextra Group
14.3.8 Yuxing
14.3.9 Shanghai KNP
14.3.10 Pultrall
14.3.11 Hughes Brothers
14.3.12 Fusite
14.3.13 Marshall Composite Technologies
14.3.14 Composite Rebar Technologies
14.3.15 Sireg Geotech
14.3.16 Kodiac Fiberglass Rebar
14.3.17 Fiberline
14.3.18 Tribeni Fiber
14.3.19 Captrad
14.3.20 Sanskriti Composites
