Market Overview:
The global GFRP rebars market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and corrosion-resistant rebars from various end-use industries. In terms of type, the smooth GFRP rebars segment is expected to lead the global market during the forecast period, followed by sand coated GFRP rebars. The water treatment plants application segment is projected to lead the global market in terms of growth during 2018–2030.
Product Definition:
GFRP rebars are made of fiberglass reinforced plastic and are used as reinforcement in concrete or mortar. Because they are non-metallic, GFRP rebars are corrosion resistant and can be used in areas where metal reinforcement is not allowed or would corrode.
Smooth GFRB Rebars:
Smooth GFRB rebars are made of concrete and steel reinforcement. They have a low form factor and can be used in applications where high strength is not required. The product has been developed to replace the traditional grout-filled reinforced concrete (GFRP) rebars that were previously used for construction applications.
Sand Coated GFRP Rebars:
Sand coated GFRP rebars are used in the construction of highways, bridges, and tunnels. The product is made from steel reinforcing bars that have been coated with sand to protect them from corrosion. They are available in different shapes and sizes which enables their effective use in a wide range of applications.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The product is widely used in the construction industry owing to several advantages offered by it such as lightweight, corrosion resistance, and high strength. GFRP bars are increasingly being utilized for replacing steel members in bridges to reduce weight and increase energy efficiency of bridge decks.
Water treatment plants was the dominant segment with a revenue share of 29.3% in 2017 on account of superior properties offered by them such as excellent chemical resistance and durability coupled with low maintenance cost which makes them highly economical solution compared to other materials used for similar purposes such as concrete or steel.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing infrastructure spending and rapid urbanization across the region, which has led to an increase in the number of construction projects on a large scale.
The presence of major players such as Bechtel Corporation; Skanska AB; Fluor Corporation; Kiewit Sons Co.; AECOM Limited.; CBE Inc.; CH2M Hill Companies Inc.; HDR Engineering Ltd., JVPCO Group Co.
Growth Factors:
- Increasing demand for lightweight and high-strength materials in construction industry
- Rising awareness about the benefits of using GFRP rebars over traditional steel rebars
- Technological advancements that have led to the development of new and improved manufacturing processes
- Growing number of infrastructure projects across the globe
- Rising demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
GFRP Rebars Market Research Report
By Type
Smooth GFRB Rebars, Sand Coated GFRP Rebars
By Application
Water Treatment Plants, Highways, Bridges & Buildings, Marine Structures & Waterfronts, Others
By Companies
Hughes Brothers Inc, Marshall Composites Systems, BP Composites Ltd, Schock international, Pultrall Inc., Neuvokas Corp, Composite Rebar Technologies (CRT), Technobasalt Invest LLC, Sireg Geotech Srl, Fibrolux GmbH, Hughes Brothers Inc, Dextra Group
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global GFRP Rebars Market Report Segments:
The global GFRP Rebars market is segmented on the basis of:
Types
Smooth GFRB Rebars, Sand Coated GFRP Rebars
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
Water Treatment Plants, Highways, Bridges & Buildings, Marine Structures & Waterfronts, 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 Inc
- Marshall Composites Systems
- BP Composites Ltd
- Schock international
- Pultrall Inc.
- Neuvokas Corp
- Composite Rebar Technologies (CRT)
- Technobasalt Invest LLC
- Sireg Geotech Srl
- Fibrolux GmbH
- Hughes Brothers Inc
- Dextra Group
Highlights of The GFRP Rebars 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:
- Smooth GFRB Rebars
- Sand Coated GFRP Rebars
- By Application:
- Water Treatment Plants
- Highways
- Bridges & Buildings
- Marine Structures & Waterfronts
- 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 GFRP Rebars 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?
GFRP rebars are a type of reinforced plastic tubing used in civil engineering and construction. They are made from a variety of thermoplastic resins, including polyethylene, polypropylene, and acrylonitrile butadiene styrene (ABS). GFRP rebars have high strength and stiffness ratings, making them ideal for use in applications such as bridge decks, building frames, water pipelines, and wind turbines.
Some of the major players in the gfrp rebars market are Hughes Brothers Inc, Marshall Composites Systems, BP Composites Ltd, Schock international, Pultrall Inc., Neuvokas Corp, Composite Rebar Technologies (CRT), Technobasalt Invest LLC, Sireg Geotech Srl, Fibrolux GmbH, Hughes Brothers Inc, Dextra Group.
The gfrp rebars market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GFRP Rebars 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 GFRP Rebars Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GFRP Rebars 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 GFRP Rebars 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 GFRP Rebars Market Size & Forecast, 2018-2028
4.5.1 GFRP Rebars Market Size and Y-o-Y Growth
4.5.2 GFRP Rebars Market Absolute $ Opportunity
Chapter 5 Global GFRP Rebars 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 GFRP Rebars Market Size Forecast by Type
5.2.1 Smooth GFRB Rebars
5.2.2 Sand Coated GFRP Rebars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global GFRP Rebars 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 GFRP Rebars Market Size Forecast by Applications
6.2.1 Water Treatment Plants
6.2.2 Highways
6.2.3 Bridges & Buildings
6.2.4 Marine Structures & Waterfronts
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GFRP Rebars 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 GFRP Rebars 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 GFRP Rebars Analysis and Forecast
9.1 Introduction
9.2 North America GFRP Rebars 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 GFRP Rebars Market Size Forecast by Type
9.6.1 Smooth GFRB Rebars
9.6.2 Sand Coated GFRP Rebars
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 GFRP Rebars Market Size Forecast by Applications
9.10.1 Water Treatment Plants
9.10.2 Highways
9.10.3 Bridges & Buildings
9.10.4 Marine Structures & Waterfronts
9.10.5 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 GFRP Rebars Analysis and Forecast
10.1 Introduction
10.2 Europe GFRP Rebars 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 GFRP Rebars Market Size Forecast by Type
10.6.1 Smooth GFRB Rebars
10.6.2 Sand Coated GFRP Rebars
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 GFRP Rebars Market Size Forecast by Applications
10.10.1 Water Treatment Plants
10.10.2 Highways
10.10.3 Bridges & Buildings
10.10.4 Marine Structures & Waterfronts
10.10.5 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 GFRP Rebars Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific GFRP Rebars 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 GFRP Rebars Market Size Forecast by Type
11.6.1 Smooth GFRB Rebars
11.6.2 Sand Coated GFRP Rebars
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 GFRP Rebars Market Size Forecast by Applications
11.10.1 Water Treatment Plants
11.10.2 Highways
11.10.3 Bridges & Buildings
11.10.4 Marine Structures & Waterfronts
11.10.5 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 GFRP Rebars Analysis and Forecast
12.1 Introduction
12.2 Latin America GFRP Rebars 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 GFRP Rebars Market Size Forecast by Type
12.6.1 Smooth GFRB Rebars
12.6.2 Sand Coated GFRP Rebars
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 GFRP Rebars Market Size Forecast by Applications
12.10.1 Water Treatment Plants
12.10.2 Highways
12.10.3 Bridges & Buildings
12.10.4 Marine Structures & Waterfronts
12.10.5 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) GFRP Rebars Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) GFRP Rebars 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) GFRP Rebars Market Size Forecast by Type
13.6.1 Smooth GFRB Rebars
13.6.2 Sand Coated GFRP Rebars
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) GFRP Rebars Market Size Forecast by Applications
13.10.1 Water Treatment Plants
13.10.2 Highways
13.10.3 Bridges & Buildings
13.10.4 Marine Structures & Waterfronts
13.10.5 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 GFRP Rebars Market: Competitive Dashboard
14.2 Global GFRP Rebars Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hughes Brothers Inc
14.3.2 Marshall Composites Systems
14.3.3 BP Composites Ltd
14.3.4 Schock international
14.3.5 Pultrall Inc.
14.3.6 Neuvokas Corp
14.3.7 Composite Rebar Technologies (CRT)
14.3.8 Technobasalt Invest LLC
14.3.9 Sireg Geotech Srl
14.3.10 Fibrolux GmbH
14.3.11 Hughes Brothers Inc
14.3.12 Dextra Group
