The Global Fiber Reinforced Polymer Rebar Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Fiber Reinforced Polymer Rebar market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global fiber reinforced polymer (FRP) rebar market size reached USD 171.3 Million in 2020 and is expected to register a revenue CAGR of 13.2%, during the forecast period, according to latest analysis by Emergen Research. Increased FRP rebar use in building projects, as well as increasing government expenditure on construction and maintenance in developing countries, are some of the primary factors driving global fiberreinforced polymer (FRP) rebar market revenue growth. Rising demand for FRP rebars in maritime structures and waterfronts is expected to further increase revenue growth of the market in the near future. Marine structures are very vulnerable to adverse environmental conditions, steel corrosion, abrasions, and sulphate reactions. Due to high fatigue endurance, resistance to rupture, and high reinforcing capabilities, demand for FRP rebar is increasing for maritime structures and waterfront application. High corrosion resistance, leakage control, and fracture control characteristics have facilitated research and development in seawaterapplication.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Fiber Reinforced Polymer Rebar market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key Players Profiled in the Report are:
Nycon Corporation, Pultron Composites Ltd, Owens Corning, Kodiak Fiberglass Rebar LLC, Sireg Geotech S.r.l., Composite Group Chelyabinsk, Dextra Group, Hughes Brothers Inc., FiReP Inc., Sanskriti Composites Pvt. Ltd
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Fiber Reinforced Polymer Rebar market expected to boost the growth of the industry in the coming years.
Fiber Reinforced Polymer Rebar Market Segmentation:
Fiber Type Outlook (Revenue, USD Million; 2018–2028)
- Basalt Fiber
- Glass Fiber
- Carbon Fiber
- Aramid Fiber
Resin Type Outlook (Revenue, USD Million; 2018–2028)
- Vinyl Easter
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Key Questions Answered in the Report:
What is the growth rate of the Fiber Reinforced Polymer Rebar market? What is the anticipated market valuation of Fiber Reinforced Polymer Rebar industry by 2027?
What are the key growth driving and restraining factors of the Fiber Reinforced Polymer Rebar market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Fiber Reinforced Polymer Rebar industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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