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DUBLIN, Oct. 28, 2022 /PRNewswire/ — The “Fiber Reinforced Polymer Rebars Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Resin Type, Fiber Type, and Application” report has been added to ResearchAndMarkets.com’s offering.
The fiber reinforced polymer (FRP) rebars market is expected to grow from US$ 215.88 million in 2021 and is projected to reach US$ 421.02 million by 2028; it is expected to grow at a CAGR of 10.2% from 2022 to 2028.
Reinforced concrete is a composite material that can perform its designated functions only if an adequate bond exists between the reinforcement and concrete. Generally, a steel reinforcing bar is used as reinforcement in concrete structures. FRP rebars have great potential to overcome challenges such as structural and durability deficiencies.
FRP rebars have several advantages over conventional steel; it has higher tensile strength and fatigue resistance and lower creep deformation and unit weight. FRP rebars have been used as internal reinforcements for concrete structures. Their primary advantages over common reinforcing steel rebars rely on their lightness, durability, mechanical properties, and electromagnetic neutrality. For this application, interfacial properties between the rebars and surrounding concrete play a significant role in the mechanical performance of the reinforced concrete structure.
Based on application, the market is segmented into highway bridge and construction, marine structures and waterfronts, water …
Full story available on Benzinga.com
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