According to the recent study the composite rebar market is projected to reach an estimated $156 million by 2030 from $130 million in 2023 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by increase in new transportation construction and growth in commercial and residential construction. Growing acceptance of fiber reinforced plastic (FRP) rebars and initiatives for research and development for FRP rebars are other key drivers for this market.
Browse 66 figures/charts
and 65 tables in this 131-page report to understand trends, opportunities and
forecast in composite rebar market by end use (construction, electrical
isolation, industrial, marine, and others), product type (glass fiber, carbon
fiber, basalt fiber), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel forecasts that
construction will remain the largest end use segment and is also expected to
witness the highest growth over the forecast period due to because of
investments in infrastructure, including bridges, buildings, highways, water
distribution systems, and other facilities.
Glass fiber reinforced
plastic (GFRP) composite rebar will remain the largest segment over the
forecast period due to demand in roads, bridges, tunnels, MRI rooms, marine
structures, and water fronts.
Download sample by clicking on
composite rebar market
North America is
expected to remain the largest region and APAC the highest growth over the
forecast period because of growth in the replacement of existing and
development of new infrastructures.
FireP International AG,
Pultron Composites, Owens Coring Schoeck, and Marshall Composite Technology LLC,
are among the major composite rebar providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Tertio Butyl Mercaptan (TBM) Market
No comments:
Post a Comment