The global fiber reinforced polymer (FRP) rebar market size reached USD 171.3 Million in 2020 and is expected to register a revenue CAGR of 13.2%, during the forecast period, according to latest analysis by Emergen Research. Increased FRP rebar use in building projects, as well as increasing government expenditure on construction and maintenance in developing countries, are some of the primary factors driving global fiberreinforced polymer (FRP) rebar market revenue growth. Rising demand for FRP rebars in maritime structures and waterfronts is expected to further increase revenue growth of the market in the near future. Marine structures are very vulnerable to adverse environmental conditions, steel corrosion, abrasions, and sulphate reactions. Due to high fatigue endurance, resistance to rupture, and high reinforcing capabilities, demand for FRP rebar is increasing for maritime structures and waterfront application. High corrosion resistance, leakage control, and fracture control characteristics have facilitated research and development in seawaterapplication.

The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Fiber Reinforced Polymer Rebar market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Nycon Corporation, Pultron Composites Ltd, Owens Corning, Kodiak Fiberglass Rebar LLC, Sireg Geotech S.r.l., Composite Group Chelyabinsk, Dextra Group, Hughes Brothers Inc., FiReP Inc., Sanskriti Composites Pvt. Ltd

Research Report on the Fiber Reinforced Polymer Rebar Market Addresses the Following Key Questions:

• Who are the dominant players of the Fiber Reinforced Polymer Rebar market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Fiber Reinforced Polymer Rebar market?
• What are the key growth drivers and restraining factors of the Fiber Reinforced Polymer Rebar market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Fiber Reinforced Polymer Rebar market and its key segments?

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Emergen Research has segmented the global Fiber Reinforced Polymer Rebar market on the basis of type, type of care, and region

Segments Covered in this report are:

• Fiber Type Outlook (Revenue, USD Million; 2018–2028)

  • Basalt Fiber
  • Glass Fiber
  • Carbon Fiber
  • Aramid Fiber

• Resin Type Outlook (Revenue, USD Million; 2018–2028)

  • Epoxy
  • Polyester
  • Vinyl Easter
  • Others

• Application Outlook (Revenue, USD Million; 2018–2028)

  • Water Treatment Plants
  • Highways, Bridges Buildings
  • Marine Structures Waterfronts
  • Others

In conclusion, the Fiber Reinforced Polymer Rebar Market report is an exhaustive database that will help readers formulate lucrative strategies. The Fiber Reinforced Polymer Rebar Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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