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New York, May 27, 2021 (Global News)-Reportlinker.com announced the release of the report “FRP Rebar Market by Fiber Type, Resin Type, Application and Region-Global Forecast to 2026”- https://www.reportlinker.com/p03681944/?utm_source=GNW
However, the negative impact of the COVID-19 pandemic on the construction industry has adversely affected the FRP rebar market.
In terms of fiber types, GFRP rebar is the fastest growing part in terms of value and quantity.
In terms of quantity, GFRP rebar has the largest share in the global FRP rebar market. GFRP rebar is made of glass fiber by pultrusion.
These steel bars have high corrosion resistance and high tensile strength. Compared with BFRP and CFRP steel bars, these are cheaper and therefore have a higher growth rate.
In terms of value and quantity, vinyl ester resin is the fastest growing segment of the global FRP rebar market.
Vinyl ester resin has high strength, mechanical toughness, high corrosion resistance and resistance to fuels, chemicals or steam, and has excellent durability, heat resistance and high tensile elongation strength.
This resin can be impregnated with short glass fibers or carbon fibers to produce FRP steel bars. Most FRP rebar manufacturers use vinyl ester resin.
The high growth rate is due to its cost-effectiveness relative to epoxy resins.
In terms of value and quantity, the application of highways, bridges and buildings is the fastest growing part of the global FRP rebar market.
Highways, bridges and construction applications dominate the FRP steel market. The increased demand for refurbishing and strengthening existing structures to reduce repair and maintenance costs and extend the life of the structure has driven the demand for these steel reinforcements in roads, bridges and buildings.
Compared with other parts, there are more projects in this part, so the growth rate is also higher.
The Asia-Pacific region will lead the FRP rebar market during the forecast period
The Asia-Pacific region is expected to grow the fastest in the FRP rebar market and will grow substantially by 2026. FRP rebar is used in highways, bridges and buildings, marine structures, water treatment plants, MRI rooms, parking structures, and salt and smelting plants. area.
The higher growth rate is attributable to population growth and higher socio-economic standards, as well as greater demand for large infrastructure projects, which have longer life cycles and lower maintenance and repair costs.
The research has been verified through initial interviews with experts from various industries around the world. These main sources are divided into the following three categories:
•By company type -1-40%, 2-33% and 3-27%
•By job title-C level -50%, director level -20%, other -30%
• Divided by region-North America -15%, Europe -50%, Asia Pacific (APAC) -20%, South America -5%, Middle East and Africa (MEA) -10%,
The report provides a comprehensive analysis of the following company profiles:
• Compound Group Chelyabinsk (Russia)
•SchöckComponents GmbH (Germany)
• Dextra Group (Thailand)
•Pultron composite materials (New Zealand)
•Pultrall Inc. (Canada)
• Owens Corning (United States)
•Sireg Geotech Srl (Italy)
• Kodiak Fiberglass Rebar Co., Ltd. (United States)
• Marshall Composite Technology Co., Ltd. (United States)
•ATP Srl (Italy)
• Fibrolux GmbH (Germany)
• Tuf-Bar (United States)
•Armastek (United States)
• FiReP Group (France)
• B&B FRP Manufacturing Co., Ltd. (Canada)
• Sanskriti Composites Private Limited (India)
• Anto Global Technology Co., Ltd. (China)
area of research
The report covers the global FRP rebar market and forecasts the market size by 2026, including the following market segments-by fiber type (glass, carbon and basalt), resin type (vinyl Easter, epoxy and others) , Application types (highways, bridges) and buildings; marine structures and waterfronts; water treatment plants; and others) and regions (North America, Europe, Asia Pacific, Middle East and Africa, South America)-the world by 2026 prediction.
The report discusses Porter’s five forces analysis, as well as driving factors, restraint, opportunities and challenges. It also provides company profiles and competitive strategies adopted by major players in the global FRP rebar market.
The main benefits of buying a report:
The report is expected to help market leaders/new entrants in the following ways:
1. This report comprehensively subdivides the global FRP rebar market. It provides the closest approximation of the revenue of the entire market and sub-segments across different verticals and regions.
2. The report can help stakeholders understand the pulsation of the FRP rebar market and provide them with information on the main market drivers, restrictions, challenges and opportunities.
3. The report will help stakeholders better understand competitors and gain more insights to improve their position in the business. The competitive landscape includes a competitor ecosystem, new product development, expansion and acquisitions.
Reason for buying report:
The report will help leaders/new entrants in the market by providing the closest revenue estimates for the entire FRP rebar market and sub-segments. The report will help stakeholders understand the competitive landscape and gain more insights, and position their business and market strategies in a better way.
Read the full report: https://www.reportlinker.com/p03681944/?utm_source=GNW
on Report linker
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