PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1838364
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1838364
Composite Rebar Market Introduction and Overview
According to SPER market research, 'Global Composite Rebar Market Size- By Material, By Application, By Shape- Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Composite Rebar Market is predicted to reach 1300.94 million by 2034 with a CAGR of 5.93%.
Composite rebar, also known as fiber-reinforced polymer (FRP) rebar, is a high-performance alternative to traditional steel reinforcement used in concrete structures. Composite rebar, which is composed of glass, carbon, or basalt fibers inserted in a polymer matrix, has superior tensile strength, resistance to corrosion, and low weight. It is particularly suitable for use in harsh environments such as marine structures, chemical plants, and infrastructure exposed to de-icing salts.
Restraints: Despite its advantages, the composite rebar market faces several challenges. Adoption may be hampered by high upfront costs as compared to conventional steel rebar, particularly in projects with tight budgets. Limited awareness and acceptance among contractors, engineers, and government bodies further slow its integration into mainstream construction. The lack of standardized design codes and guidelines in many regions poses additional hurdles for large-scale implementation.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Material, By Application, By Shape
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Armastek, Aslan FRP, Fiberline, Fusite, Hubei Yulong, Marshall Composite Technologies, Nanjing Fenghui Composite, Sireg Geotech, Technobasalt, Tribeni Fiber.
Global Composite Rebar Market Segmentation:
By Material: Based on the Material, Global Composite Rebar Market is segmented as; Glass Fiber Reinforced Polymer (GFRP), Carbon Fiber Reinforced Polymer (CFRP), Basalt Fiber Reinforced Polymer (BFRP).
By Application: Based on the Application, Global Composite Rebar Market is segmented as; Construction, Infrastructure, Industrial, Marine, Oil and Gas, Defence, Mining, Water Treatment Plants.
By Shape: Based on the Shape, Global Composite Rebar Market is segmented as; Straight Bars, Bent Bars, Spiral Bars.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.