Global Composite Rebar Market Size study & Forecast, by Type (GFRP Rebar, BFRP Rebar, CFRP Rebar, and Others), by Application (Bridges & Port, Underground Construction, Road Building, and Others) and Regional Analysis, 2023-2030

PUBLISHED: July 28, 2023

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Global Composite Rebar Market is valued at approximately USD 550.2 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 8.9% over the forecast period 2023-2030. The composite rebar involves the production and distribution of reinforcing bars made from composite materials, offering advantages like strength, corrosion resistance, and lightweight. It is an alternative to traditional steel reinforcement, offering several advantages in various applications. The Composite Rebar market is expanding because of factors such as increasing number of highways and rising numbers of infrastructure projects. Moreover, rising numbers of infrastructure projects have a significant impact on the Composite Rebar Market, increasing demand for durable and corrosion-resistant reinforcement solutions.

According to Statista in 2022, India had the highest number of infrastructure projects valued at over USD 25 million, with 1,944 projects in development or execution. In comparison, the United States had 1,866 projects, and China had 1,175 projects. The increasing adoption of composite rebar in construction projects has a significant impact on the growth and demand of the Composite Rebar Market, driven by the need for durable and sustainable reinforcement solutions. According to Statista in 2023, the global construction industry is anticipated to reach a value of USD 14.4 trillion in 2030, showing significant growth from its 2020 value of USD 6.4 trillion. In addition, increasing demand of marine structures and rising technological advancements in composite rebar would create a lucrative growth opportunity. However, the high cost of composite rebar and lack of awareness stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Composite Rebar Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the market during the forecast period owing to the factors such as increasing Construction Activities and rapid infrastructure development, leading to an increasing demand for high-quality Composite Rebar components in the region. Asia Pacific is the fastest growing region during the forecast period, owing to factors such as growing infrastructure development, including bridges, buildings, highways, water distribution systems, and other facilities

Major market player included in this report are:

Schock Bauteile GmbH
Dextra Group
BTG Composites Inc.
Composite Rebar Technologies, Inc.
Concrete Protection Products, Inc.
COTECH Inc.
Hughes Brothers Inc.
Pultrall Inc.
Pultron Composites Ltd.
Marshall Composite Technologies LLC

Recent Developments in the Market:

In June 2022, Pultron Composites and Owens Corning have formed a strategic joint venture to produce high-quality fibreglass rebar. This collaboration allows the companies to significantly boost their global market presence while also facilitating expansion initiatives in the United States as well as worldwide.
In April 2021, Owens Corning Infrastructure Solutions has launched the MATEENBARTM FiberglasTM Rebar, a high-performance composite rebar with greater durability and weight savings. This cutting-edge substance provides exceptional strength and better protection against harsh conditions and potential harm.

Global Composite Rebar Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

GFRP Rebar
BFRP Rebar
CFRP Rebar
Others

By Application:

Bridges & Port
Underground Construction
Road Building
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Composite Rebar Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Composite Rebar Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Composite Rebar Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Composite Rebar Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Composite Rebar Market Dynamics

3.1. Composite Rebar Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing number of highways
  - 3.1.1.2. Rising numbers of infrastructure projects.
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of composite rebar
  - 3.1.2.2. Lack of awareness
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing demand of marine structures
  - 3.1.3.2. Rising technological advancements in composite rebar

Chapter 4. Global Composite Rebar Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Composite Rebar Market, by Type

5.1. Market Snapshot
5.2. Global Composite Rebar Market by Type, Performance - Potential Analysis
5.3. Global Composite Rebar Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. Composite Rebar Market, Sub Segment Analysis
- 5.4.1. GFRP Rebar
- 5.4.2. BFRP Rebar
- 5.4.3. CFRP Rebar
- 5.4.4. Others

Chapter 6. Global Composite Rebar Market, by Application

6.1. Market Snapshot
6.2. Global Composite Rebar Market by Application, Performance - Potential Analysis
6.3. Global Composite Rebar Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. Composite Rebar Market, Sub Segment Analysis
- 6.4.1. Bridges & Port
- 6.4.2. Underground Construction
- 6.4.3. Road Building
- 6.4.4. Others

Chapter 7. Global Composite Rebar Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Composite Rebar Market, Regional Market Snapshot
7.4. North America Composite Rebar Market
- 7.4.1. U.S. Composite Rebar Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Composite Rebar Market
7.5. Europe Composite Rebar Market Snapshot
- 7.5.1. U.K. Composite Rebar Market
- 7.5.2. Germany Composite Rebar Market
- 7.5.3. France Composite Rebar Market
- 7.5.4. Spain Composite Rebar Market
- 7.5.5. Italy Composite Rebar Market
- 7.5.6. Rest of Europe Composite Rebar Market
7.6. Asia-Pacific Composite Rebar Market Snapshot
- 7.6.1. China Composite Rebar Market
- 7.6.2. India Composite Rebar Market
- 7.6.3. Japan Composite Rebar Market
- 7.6.4. Australia Composite Rebar Market
- 7.6.5. South Korea Composite Rebar Market
- 7.6.6. Rest of Asia Pacific Composite Rebar Market
7.7. Latin America Composite Rebar Market Snapshot
- 7.7.1. Brazil Composite Rebar Market
- 7.7.2. Mexico Composite Rebar Market
7.8. Middle East & Africa Composite Rebar Market
- 7.8.1. Saudi Arabia Composite Rebar Market
- 7.8.2. South Africa Composite Rebar Market
- 7.8.3. Rest of Middle East & Africa Composite Rebar Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Schock Bauteile GmbH
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Dextra Group
- 8.3.3. BTG Composites Inc.
- 8.3.4. Composite Rebar Technologies, Inc.
- 8.3.5. Concrete Protection Products, Inc.
- 8.3.6. COTECH Inc.
- 8.3.7. Hughes Brothers Inc.
- 8.3.8. Pultrall Inc.
- 8.3.9. Pultron Composites Ltd.
- 8.3.10. Marshall Composite Technologies LLC

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Composite Rebar Market, report scope
TABLE 2. Global Composite Rebar Market estimates & forecasts by Region 2020-2030 (USD Million )
TABLE 3. Global Composite Rebar Market estimates & forecasts by Type 2020-2030 (USD Million )
TABLE 4. Global Composite Rebar Market estimates & forecasts by Application 2020-2030 (USD Million )
TABLE 5. Global Composite Rebar Market by segment, estimates & forecasts, 2020-2030 (USD Million )
TABLE 6. Global Composite Rebar Market by region, estimates & forecasts, 2020-2030 (USD Million )
TABLE 7. Global Composite Rebar Market by segment, estimates & forecasts, 2020-2030 (USD Million )
TABLE 8. Global Composite Rebar Market by region, estimates & forecasts, 2020-2030 (USD Million )
TABLE 9. Global Composite Rebar Market by segment, estimates & forecasts, 2020-2030 (USD Million )
TABLE 10. Global Composite Rebar Market by region, estimates & forecasts, 2020-2030 (USD Million )
TABLE 11. Global Composite Rebar Market by segment, estimates & forecasts, 2020-2030 (USD Million )
TABLE 12. Global Composite Rebar Market by region, estimates & forecasts, 2020-2030 (USD Million )
TABLE 13. Global Composite Rebar Market by segment, estimates & forecasts, 2020-2030 (USD Million )
TABLE 14. Global Composite Rebar Market by region, estimates & forecasts, 2020-2030 (USD Million )
TABLE 15. U.S. Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 16. U.S. Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 17. U.S. Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 18. Canada Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 19. Canada Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 20. Canada Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 21. UK Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 22. UK Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 23. UK Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 24. Germany Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 25. Germany Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 26. Germany Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 27. France Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 28. France Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 29. France Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 30. Italy Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 31. Italy Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 32. Italy Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 33. Spain Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 34. Spain Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 35. Spain Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 36. RoE Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 37. RoE Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 38. RoE Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 39. China Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 40. China Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 41. China Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 42. India Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 43. India Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 44. India Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 45. Japan Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 46. Japan Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 47. Japan Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 48. South Korea Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 49. South Korea Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 50. South Korea Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 51. Australia Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 52. Australia Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 53. Australia Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 54. RoAPAC Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 55. RoAPAC Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 56. RoAPAC Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 57. Brazil Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 58. Brazil Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 59. Brazil Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 60. Mexico Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 61. Mexico Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 62. Mexico Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 63. RoLA Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 64. RoLA Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 65. RoLA Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 66. Saudi Arabia Composite Rebar Market estimates & forecasts, 2020-2030 (USD Million )
TABLE 67. South Africa Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 68. RoMEA Composite Rebar Market estimates & forecasts by segment 2020-2030 (USD Million )
TABLE 69. List of secondary sources, used in the study of global Composite Rebar Market
TABLE 70. List of primary sources, used in the study of global Composite Rebar Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered