Title: FRP Rebar Market - Forecast(2021 - 2026)
1FRP Rebar MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- FRP Rebar market size is forecast to reach 1.1
billion by 2025, after growing at a CAGR of 12.1
during 2020-2025. - Fiber reinforced polymer rebar or FRP rebar is a
non-corrosive alternative for steel rebar in
concrete reinforcement. It comprises of two
elements namely a fiber and a matrix resin.
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Key Takeaways
- New product developments and increasing
investments in research and development of FRP
rebar are expected to drive the growth of this
market. - Among application, highways, bridges buildings
segment is projected to lead the solvents market
during the forecast period. - North America dominated the FRP Rebar market.
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By Distribution Channel- Segment
Analysis Polyester resin segment held a
significant share in FRP rebar market in 2019.
Development of the polyester resin as a superior
alternative over epoxy, galvanized, or
stainless-steel reinforcement has fueled the
industry growth. Extensive polyester usage in
construction of new structures as well as fixing
structural deficiency in degraded heritage
buildings superior mechanical properties,
ease-of-handling, chemical resistance, and
dimensional stability enhanced the product demand.
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- FRP Rebar Market Industry Outlook
- FireP International AG,
- BP Composites Ltd.,
- Pultrall Inc.,
- Schoeck,
- Pultron Composites,
- Armastek,
- Dextra Group,
- Hughes Brothers and
- Kodiak Fiberglass Rebar LLC.
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FRP Rebar Market - Forecast(2021 - 2026) Learn
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Contact (1) 970-236-3677
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