Global FRP Rebar Industry

Global FRP Rebar Industry

  • October 2019 •
  • 257 pages •
  • Report ID: 5819181 •
  • Format: PDF
FRP Rebar market worldwide is projected to grow by US$70.2 Million, driven by a compounded growth of 11.2%. Vinyl ester Based FRP, one of the segments analyzed and sized in this study, displays the potential to grow at over 11.1%. 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$51.4 Million by the year 2025, Vinyl ester Based FRP will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 9.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.8 Million to the region’s size and clout in the next 5 to 6 years. Over US$2.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Vinyl ester Based FRP will reach a market size of US$2.3 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 14.3% over the next couple of years and add approximately US$16.7 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, Al-Arfaj Group Holding Company; Armastek USA; ATP Srl; Dextra Group; Fibrolux GmbH; FiReP Inc.; Hughes Brothers, Inc.; International Grating & Flanges, Inc.; Kodiac Fiberglass Rebar; Marshall Composite Technologies LLC.; Pultrall Inc.; Pultron Composites Ltd.; Schock Bauteile GmbH; Sireg Group