FRP Rebars Market to be Worth USD 91.00 Million by
2021
The report "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", published by MarketsandMarkets, the
global market is projected to reach USD 91.00 Million by 2021, registering a CAGR of 11.4%
between 2016 and 2021.
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https://www.marketsandmarkets.com/pdfdownload.asp?id=77486355
Browse 85 tables and 45 figures spread through 136 Pages and in-depth TOC on "FRP
Rebar Market"
The vinyl ester resin based FRP rebar is expected to the fastest-growing resin type in the
FRP rebars market. This is because, it exhibits various properties, such as excellent
corrosion resistance to fuels, chemicals, or vapors, durability, heat resistance, and high
tensile elongation strength. Additionally, in terms of fiber type, the glass fiber rebar is
expected to be the fastest-growing on the FRP rebars market. This it provides superior
properties such as strength, flexibility, durability, stability, lightweight, as well as
resistance to heat, temperature, and moisture.
The highways, bridges, & buildings application segment is projected to be the fastest-
growing in the global FRP rebars market between 2016 and 2021. This can be attributed to
the use of FRP rebars for construction of new bridges and restoration of structurally
deficient or functionally obsolete bridges. In addition, to develop structures that are long-
lasting and have the ability to withstand harsh environmental conditions, heavy loads,
insufficient maintenance, and erroneous maintenance practices such as the use of sodium
chloride.
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