Global FRP Bridge Industry

Global FRP Bridge Industry

  • February 2020 •
  • 442 pages •
  • Report ID: 5819180 •
  • Format: PDF
FRP Bridge market worldwide is projected to grow by US$30.5 Million, driven by a compounded growth of 6.1%. Glass Fiber, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$43.4 Million by the year 2025, Glass Fiber will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.1 Million to the region’s size and clout in the next 5 to 6 years. Over US$929.6 Thousand worth of projected demand in the region will come from Rest of Europe markets. In Japan, Glass Fiber will reach a market size of US$2.2 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9% over the next couple of years and add approximately US$8.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • B&B Frp Manufacturing Inc.
  • Bedford Reinforced Plastics
  • Creative Pultrusions, Inc.
  • Cts Bridges Ltd.
  • FiberCore Europe
  • Fiberline Composites A/S
  • Guardian Bridge Rapid Construction Inc.
  • Lifespan Structures Ltd.
  • STRONGWELL Corporation
  • Zellcomp Inc.