The report [136
pages] "FRP Rebar Market by Resin Type, by Fiber Type, by Application (Highways,
Bridges, & Buildings, Marine Structures & Waterfronts, Water Treatment
Plants, and Others) - Global Forecasts to 2021", The global fiber reinforced polymer (FRP) rebars market is
projected to reach USD 91.00 Million by 2021, registering a CAGR of 11.4%
between 2016 and 2021. This growth is fueled by the increasing demand for the
renovation and strengthening of new and existing structurally deficient
bridges, and growing application of FRP rebars in other applications such as
marine structures & water fronts, and water treatment plants globally.
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Highways, bridges, & buildings application is at the forefront
and is driving the FRP rebar market
FRP rebars are used widely in highways, bridges, & buildings
application, as their superior strength-to weight ratio significantly exceeds
that of any traditional rebar. The Department of Transportation (DoT) in the
U.S. and Canada use FRP rebars for
highways, bridges, & buildings construction. FRP rebars are mainly used for
construction of new bridges and restoration of structurally deficient or
functionally obsolete bridges. For instance, according to the National Bridge
Inventory (NBI), more than 146,000 bridges are structurally deficient or
functionally obsolete in the U.S. as of 2010. Thus, the use of FRP rebars in
these applications reduces the life cycle costs, thereby enhancing service life
and safety. The Floodway Bridge (Canada) is one
of the largest bridges constructed using FRP rebars. In addition, The Florida
Keys Bridges (U.S.) is one of the prominent examples where CFRP rebars are used
for the strengthening of structurally deficient bridges. Many such projects are
executed in the U.S. and Canada where
FRP rebars is used as concrete structure reinforcements.
North America is the
key regions for FRP rebar market
The North American region is expected to be the largest market for
FRP rebars globally due to the increased demand from highways, bridges, &
buildings, marine structures & waterfronts, and other applications such as
parking structures, MRI rooms, salt storage facilities, and so on. This growth
is attributed to construction of new bridges and structural strengthening
projects in the U.S. and Canada. In
addition, new bridge construction, renovation of structurally deficient
bridges, and tunnelling activities for light rail transit (LRT) to upgrade the
infrastructure play a pivotal role in boosting the need of FRP rebars in this
region. The FRP rebars for decks in bridges, such as Sierrita de la Cruz Creek Bridge (U.S.), Taylor Bridge Manitoba
(Canada), Pierce Street Bridge, Lima OH (U.S.) Wotton,
Quebec (Canada) are driving the market in North
America. In North America, FRP
rebars are also used in applications such as water treatment plants and marine
structures & waterfronts. FRP rebars are either used in the top mat or
top/bottom mat of decks.
Glass fiber composites: The largest fiber type for FRP rebar
Glass is the leading type of reinforcement fibers used for various
applications, such as mining, highways, roads, & buildings construction,
and wastewater treatment plants. This growth can be attributed to its superior
properties such as strength, flexibility, durability, stability, lightweight,
as well as resistance to heat, temperature, and moisture. North America is the biggest market for glass
fiber composite rebars, while the ME&A is the fastest-growing market.
Some of the key global players prevailing in the FRP Rebar Market are
Hughes Brothers (U.S.), Pultrall Inc. (Canada),
Marshall Composites Technologies LLC. (U.S.), Pultron Composites (New Zealand), Armastek (Russia),
BP Composites Ltd. (Canada), Dextra Group (Thailand), Firep International AG (Switzerland), A.T.P. Avanzate Tecnologie Plastiche
Srl (Italy), International Grating Inc.
(U.A.E.), Sireg S.p.A (Italy), among others.
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Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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