Lucintel's latest market report analyzed that composite rebar provides attractive opportunities in the construction, electrical isolation, industrial, and marine market. The composite rebar market is expected to reach $334.2 million by 2028 with a CAGR of 8.1%. In this market, construction is the largest segment by end use, whereas glass fiber reinforced plastic (GFRP) is largest by product type. Introduction of nano-sized filler used in the manufacturing of FRP rebars provides strategic growth path in this market.
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Based on end use, the composite rebar market is segmented into construction,
electrical isolation, industrial, marine, and others. The construction segment
accounted for the largest share of the market in 2023 and is expected to
register the highest CAGR during the forecast period, due to because of
investments in infrastructure, including bridges, buildings, highways, water
distribution systems, and other facilities.
Browse in-depth TOC on
“Composite Rebar Market”
65 – Tables
66 – Figures
131 – Pages
The Composite Rebar
Market is marked by the presence of several big and small players. Some of the
prominent players offering composite rebar include Hughes Brothers, FireP
International AG, Pultron Composites, Schoeck, Marshall Composite Technology
LLC, and Mateenbar Limited.
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Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
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consulting, M&A, and due diligence services to executives and
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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