According to a market report by Lucintel, the future of the global composite rebar market looks promising with opportunities in the construction, electrical isolation, industrial, marine end use industries. The global composite rebar market to grow with a CAGR of 3% from 2024 to 2031. The major drivers of growth for this market are corrosion resistance and durability, growing demand for sustainable and eco-friendly construction, and technological advancements in composite materials.
A more
than 150-page report to understand trends, opportunity and forecast in global composite
rebar market to 2031 by end use industry (construction, electrical isolation,
industrial, marine, and others), product type (GFRP rebar, CFRP rebar, and BFRP
rebar), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that construction will remain the largest end use industry 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, Praana Group, Schoeck, Marshall Composite
Technology LLC are the major suppliers in the composite rebar market.
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
Sodium Monochloro Acetate Market
No comments:
Post a Comment