Overview
Report Coverage
Key Takeaways
- New product developments and increasing investments in research and development of FRP rebar are expected to drive the growth of this market.
- Among application, highways, bridges & buildings segment is projected to lead the solvents market during the forecast period.
- North America dominated the FRP Rebar market.
By Resin Type - Segment Analysis
Polyester resin segment held a significant share in FRP rebar market in 2019. Development of the polyester resin as a superior alternative over epoxy, galvanized, or stainless-steel reinforcement has fueled the industry growth. Extensive polyester usage in construction of new structures as well as fixing structural deficiency in degraded heritage buildings superior mechanical properties, ease-of-handling, chemical resistance, and dimensional stability enhanced the product demand.
Excellent corrosion resistance against fuels, vapors, or chemicals along with high durability and tensile strength are the stimulating properties enhancing the vinyl ester resin demand. Large formulations availability by varying resin, reinforcement, and additive types will create new avenues for industry growth.
By Fiber Type - Segment Analysis
Glass fiber composites segment held a significant share in FRP rebar market in 2019. Lightweight, ease in handling along with reduced chances for alkali and acid attacks are the significant properties driving the FRP rebar market growth. Production capacity limitation imposed by China on glass fiber will result in to high FRP rebar market price trend. Basalt fiber composites are expected to grow at significant growth rate during the forecast period. Less price, high penetration and substantial properties including lightweight, magnetic transparency and resistance to hostile environment are the key factors positively influencing industry growth. The composite being the latest technology will witness increased consumption in construction of earthquake resistant buildings.
By Application - Segment Analysis
Highways, bridges & buildings segment held a significant share in FRP rebar market in 2019 growing at a CAGR of XX% during the forecast period. Rising demand for restoration and strengthening of the existing deficient structures will drive the industry growth. Increasing transportation accompanied by rapid urbanization and industrialization in the emerging economies has positively influenced the product penetration in highways, bridges & buildings. Marine structures are highly prone to harsh environments, steel corrosion, abrasions and sulphate attacks. FRP rebar market will witness notable growth from marine structures & waterfronts in the forecast period, owing to high fatigue endurance, prevention from ruptures and high strengthening properties. Water treatment plants are subjected to a continuous exposure of chloride content in water causing steel corrosion. Corrosion resistant FRP rebar are broadly used in the water treatment plants including potable water tanks, refinery reservoirs, sewage treatment facilities, acid ponds, and gold & salt mines. The products, unlike corroded reinforcement, prevent harmful materials leaching into soil and groundwater.
The supply of water treatment chemicals shall witness shortages due to the prevalence of COVID-19 at a pandemic level. The industrial sector as a whole shall register an increase in demand for dewatering equipment, water treatment systems and membranes due to stipulated public health guidelines and greater need for sanitary environment.
Geography- Segment Analysis
North America dominated the FRP rebar market with a share of more than XX%, followed by Asia Pacific and Europe. Huge number of wastewater treatment plants is the key factors responsible for the growth of FRP rebar market in North America.
For instance, according to American Society of Civil Engineers (ASCE), in 2018, 240 million Americans i.e. 76% of the population relied on the 14,748 treatment plants for wastewater sanitation. By 2032, it is expected that 56 million more people will connect to centralized treatment plants, rather than private septic systems. High government spending on infrastructure development, for instance the construction of the world's tallest road bridge: the Millau Viaduct in France has supported the product consumption in Europe. High tensile strength and lightweight properties have resulted in increasing product consumption in construction of earthquake resistant buildings and restoration of old structures particularly in Japan. High infrastructure development in the recent years particularly in UAE with significant projects has enhanced the product penetration.
Drivers – FRP Rebar Market
Increasing application of FRP rebar in construction
Challenges – FRP Rebar Market
High capital requirement
Market Landscape
Product Launch/ Acquisition
- In December 2019, Pultron Composites signed MoU with oil giant, Saudi Aramco. According to Saudi Aramco’s internal analysis, GFRP rebar is qualified to replace 10% of Saudi Aramco’s total steel demand.
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Table 1: FRP Rebar Market Overview 2021-2026
Table 2: FRP Rebar Market Leader Analysis 2018-2019 (US$)
Table 3: FRP Rebar Market Product Analysis 2018-2019 (US$)
Table 4: FRP Rebar Market End User Analysis 2018-2019 (US$)
Table 5: FRP Rebar Market Patent Analysis 2013-2018* (US$)
Table 6: FRP Rebar Market Financial Analysis 2018-2019 (US$)
Table 7: FRP Rebar Market Driver Analysis 2018-2019 (US$)
Table 8: FRP Rebar Market Challenges Analysis 2018-2019 (US$)
Table 9: FRP Rebar Market Constraint Analysis 2018-2019 (US$)
Table 10: FRP Rebar Market Supplier Bargaining Power Analysis 2018-2019 (US$)
Table 11: FRP Rebar Market Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12: FRP Rebar Market Threat of Substitutes Analysis 2018-2019 (US$)
Table 13: FRP Rebar Market Threat of New Entrants Analysis 2018-2019 (US$)
Table 14: FRP Rebar Market Degree of Competition Analysis 2018-2019 (US$)
Table 15: FRP Rebar Market Value Chain Analysis 2018-2019 (US$)
Table 16: FRP Rebar Market Pricing Analysis 2021-2026 (US$)
Table 17: FRP Rebar Market Opportunities Analysis 2021-2026 (US$)
Table 18: FRP Rebar Market Product Life Cycle Analysis 2021-2026 (US$)
Table 19: FRP Rebar Market Supplier Analysis 2018-2019 (US$)
Table 20: FRP Rebar Market Distributor Analysis 2018-2019 (US$)
Table 21: FRP Rebar Market Trend Analysis 2018-2019 (US$)
Table 22: FRP Rebar Market Size 2018 (US$)
Table 23: FRP Rebar Market Forecast Analysis 2021-2026 (US$)
Table 24: FRP Rebar Market Sales Forecast Analysis 2021-2026 (Units)
Table 25: FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 26: FRP Rebar Market By Resin & Fiber Type, Revenue & Volume, By Vinyl Ester Resin, 2021-2026 ($)
Table 27: FRP Rebar Market By Resin & Fiber Type, Revenue & Volume, By Polyester Resin, 2021-2026 ($)
Table 28: FRP Rebar Market By Resin & Fiber Type, Revenue & Volume, By Glass Fiber Composite, 2021-2026 ($)
Table 29: FRP Rebar Market By Resin & Fiber Type, Revenue & Volume, By Carbon Fiber Composite, 2021-2026 ($)
Table 30: FRP Rebar Market By Resin & Fiber Type, Revenue & Volume, By Basalt Fiber Composite, 2021-2026 ($)
Table 31: FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 32: FRP Rebar Market By Application, Revenue & Volume, By Highways, bridges & buildings, 2021-2026 ($)
Table 33: FRP Rebar Market By Application, Revenue & Volume, By Marine structures & waterfronts, 2021-2026 ($)
Table 34: FRP Rebar Market By Application, Revenue & Volume, By Water treatment plants, 2021-2026 ($)
Table 35: North America FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 36: North America FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 37: South america FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 38: South america FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 39: Europe FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 40: Europe FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 41: APAC FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 42: APAC FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 43: Middle East & Africa FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 44: Middle East & Africa FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 45: Russia FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 46: Russia FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 47: Israel FRP Rebar Market, Revenue & Volume, By Resin & Fiber Type, 2021-2026 ($)
Table 48: Israel FRP Rebar Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 49: Top Companies 2018 (US$)FRP Rebar Market, Revenue & Volume
Table 50: Product Launch 2018-2019FRP Rebar Market, Revenue & Volume
Table 51: Mergers & Acquistions 2018-2019FRP Rebar Market, Revenue & Volume
List of Figures:
Figure 1: Overview of FRP Rebar Market 2021-2026
Figure 2: Market Share Analysis for FRP Rebar Market 2018 (US$)
Figure 3: Product Comparison in FRP Rebar Market 2018-2019 (US$)
Figure 4: End User Profile for FRP Rebar Market 2018-2019 (US$)
Figure 5: Patent Application and Grant in FRP Rebar Market 2013-2018* (US$)
Figure 6: Top 5 Companies Financial Analysis in FRP Rebar Market 2018-2019 (US$)
Figure 7: Market Entry Strategy in FRP Rebar Market 2018-2019
Figure 8: Ecosystem Analysis in FRP Rebar Market 2018
Figure 9: Average Selling Price in FRP Rebar Market 2021-2026
Figure 10: Top Opportunites in FRP Rebar Market 2018-2019
Figure 11: Market Life Cycle Analysis in FRP Rebar Market
Figure 12: GlobalBy Resin & Fiber TypeFRP Rebar Market Revenue, 2021-2026 ($)
Figure 13: GlobalBy ApplicationFRP Rebar Market Revenue, 2021-2026 ($)
Figure 14: Global FRP Rebar Market - By Geography
Figure 15: Global FRP Rebar Market Value & Volume, By Geography, 2021-2026 ($)
Figure 16: Global FRP Rebar Market CAGR, By Geography, 2021-2026 (%)
Figure 17: North America FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 18: US FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 19: US GDP and Population, 2018-2019 ($)
Figure 20: US GDP – Composition of 2018, By Sector of Origin
Figure 21: US Export and Import Value & Volume, 2018-2019 ($)
Figure 22: Canada FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 23: Canada GDP and Population, 2018-2019 ($)
Figure 24: Canada GDP – Composition of 2018, By Sector of Origin
Figure 25: Canada Export and Import Value & Volume, 2018-2019 ($)
Figure 26: Mexico FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 27: Mexico GDP and Population, 2018-2019 ($)
Figure 28: Mexico GDP – Composition of 2018, By Sector of Origin
Figure 29: Mexico Export and Import Value & Volume, 2018-2019 ($)
Figure 30: South America FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 31: Brazil FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 32: Brazil GDP and Population, 2018-2019 ($)
Figure 33: Brazil GDP – Composition of 2018, By Sector of Origin
Figure 34: Brazil Export and Import Value & Volume, 2018-2019 ($)
Figure 35: Venezuela FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 36: Venezuela GDP and Population, 2018-2019 ($)
Figure 37: Venezuela GDP – Composition of 2018, By Sector of Origin
Figure 38: Venezuela Export and Import Value & Volume, 2018-2019 ($)
Figure 39: Argentina FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 40: Argentina GDP and Population, 2018-2019 ($)
Figure 41: Argentina GDP – Composition of 2018, By Sector of Origin
Figure 42: Argentina Export and Import Value & Volume, 2018-2019 ($)
Figure 43: Ecuador FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 44: Ecuador GDP and Population, 2018-2019 ($)
Figure 45: Ecuador GDP – Composition of 2018, By Sector of Origin
Figure 46: Ecuador Export and Import Value & Volume, 2018-2019 ($)
Figure 47: Peru FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 48: Peru GDP and Population, 2018-2019 ($)
Figure 49: Peru GDP – Composition of 2018, By Sector of Origin
Figure 50: Peru Export and Import Value & Volume, 2018-2019 ($)
Figure 51: Colombia FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 52: Colombia GDP and Population, 2018-2019 ($)
Figure 53: Colombia GDP – Composition of 2018, By Sector of Origin
Figure 54: Colombia Export and Import Value & Volume, 2018-2019 ($)
Figure 55: Costa Rica FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 56: Costa Rica GDP and Population, 2018-2019 ($)
Figure 57: Costa Rica GDP – Composition of 2018, By Sector of Origin
Figure 58: Costa Rica Export and Import Value & Volume, 2018-2019 ($)
Figure 59: Europe FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 60: U.K FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 61: U.K GDP and Population, 2018-2019 ($)
Figure 62: U.K GDP – Composition of 2018, By Sector of Origin
Figure 63: U.K Export and Import Value & Volume, 2018-2019 ($)
Figure 64: Germany FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 65: Germany GDP and Population, 2018-2019 ($)
Figure 66: Germany GDP – Composition of 2018, By Sector of Origin
Figure 67: Germany Export and Import Value & Volume, 2018-2019 ($)
Figure 68: Italy FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 69: Italy GDP and Population, 2018-2019 ($)
Figure 70: Italy GDP – Composition of 2018, By Sector of Origin
Figure 71: Italy Export and Import Value & Volume, 2018-2019 ($)
Figure 72: France FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 73: France GDP and Population, 2018-2019 ($)
Figure 74: France GDP – Composition of 2018, By Sector of Origin
Figure 75: France Export and Import Value & Volume, 2018-2019 ($)
Figure 76: Netherlands FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 77: Netherlands GDP and Population, 2018-2019 ($)
Figure 78: Netherlands GDP – Composition of 2018, By Sector of Origin
Figure 79: Netherlands Export and Import Value & Volume, 2018-2019 ($)
Figure 80: Belgium FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 81: Belgium GDP and Population, 2018-2019 ($)
Figure 82: Belgium GDP – Composition of 2018, By Sector of Origin
Figure 83: Belgium Export and Import Value & Volume, 2018-2019 ($)
Figure 84: Spain FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 85: Spain GDP and Population, 2018-2019 ($)
Figure 86: Spain GDP – Composition of 2018, By Sector of Origin
Figure 87: Spain Export and Import Value & Volume, 2018-2019 ($)
Figure 88: Denmark FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 89: Denmark GDP and Population, 2018-2019 ($)
Figure 90: Denmark GDP – Composition of 2018, By Sector of Origin
Figure 91: Denmark Export and Import Value & Volume, 2018-2019 ($)
Figure 92: APAC FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 93: China FRP Rebar Market Value & Volume, 2021-2026
Figure 94: China GDP and Population, 2018-2019 ($)
Figure 95: China GDP – Composition of 2018, By Sector of Origin
Figure 96: China Export and Import Value & Volume, 2018-2019 ($)FRP Rebar Market China Export and Import Value & Volume, 2018-2019 ($)
Figure 97: Australia FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 98: Australia GDP and Population, 2018-2019 ($)
Figure 99: Australia GDP – Composition of 2018, By Sector of Origin
Figure 100: Australia Export and Import Value & Volume, 2018-2019 ($)
Figure 101: South Korea FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 102: South Korea GDP and Population, 2018-2019 ($)
Figure 103: South Korea GDP – Composition of 2018, By Sector of Origin
Figure 104: South Korea Export and Import Value & Volume, 2018-2019 ($)
Figure 105: India FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 106: India GDP and Population, 2018-2019 ($)
Figure 107: India GDP – Composition of 2018, By Sector of Origin
Figure 108: India Export and Import Value & Volume, 2018-2019 ($)
Figure 109: Taiwan FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 110: Taiwan GDP and Population, 2018-2019 ($)
Figure 111: Taiwan GDP – Composition of 2018, By Sector of Origin
Figure 112: Taiwan Export and Import Value & Volume, 2018-2019 ($)
Figure 113: Malaysia FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 114: Malaysia GDP and Population, 2018-2019 ($)
Figure 115: Malaysia GDP – Composition of 2018, By Sector of Origin
Figure 116: Malaysia Export and Import Value & Volume, 2018-2019 ($)
Figure 117: Hong Kong FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 118: Hong Kong GDP and Population, 2018-2019 ($)
Figure 119: Hong Kong GDP – Composition of 2018, By Sector of Origin
Figure 120: Hong Kong Export and Import Value & Volume, 2018-2019 ($)
Figure 121: Middle East & Africa FRP Rebar Market Middle East & Africa 3D Printing Market Value & Volume, 2021-2026 ($)
Figure 122: Russia FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 123: Russia GDP and Population, 2018-2019 ($)
Figure 124: Russia GDP – Composition of 2018, By Sector of Origin
Figure 125: Russia Export and Import Value & Volume, 2018-2019 ($)
Figure 126: Israel FRP Rebar Market Value & Volume, 2021-2026 ($)
Figure 127: Israel GDP and Population, 2018-2019 ($)
Figure 128: Israel GDP – Composition of 2018, By Sector of Origin
Figure 129: Israel Export and Import Value & Volume, 2018-2019 ($)
Figure 130: Entropy Share, By Strategies, 2018-2019* (%)FRP Rebar Market
Figure 131: Developments, 2018-2019*FRP Rebar Market
Figure 132: Company 1 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 133: Company 1 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 134: Company 1 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 135: Company 2 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 136: Company 2 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 137: Company 2 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 138: Company 3 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 139: Company 3 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 140: Company 3 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 141: Company 4 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 142: Company 4 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 143: Company 4 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 144: Company 5 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 145: Company 5 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 146: Company 5 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 147: Company 6 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 148: Company 6 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 149: Company 6 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 150: Company 7 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 151: Company 7 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 152: Company 7 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 153: Company 8 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 154: Company 8 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 155: Company 8 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 156: Company 9 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 157: Company 9 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 158: Company 9 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 159: Company 10 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 160: Company 10 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 161: Company 10 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 162: Company 11 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 163: Company 11 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 164: Company 11 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 165: Company 12 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 166: Company 12 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 167: Company 12 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 168: Company 13 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 169: Company 13 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 170: Company 13 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 171: Company 14 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 172: Company 14 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 173: Company 14 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)
Figure 174: Company 15 FRP Rebar Market Net Revenue, By Years, 2018-2019* ($)
Figure 175: Company 15 FRP Rebar Market Net Revenue Share, By Business segments, 2018 (%)
Figure 176: Company 15 FRP Rebar Market Net Sales Share, By Geography, 2018 (%)