Global Composite Rebar Market Growth 2019-2024

Research By Markets adds Market Research Report - Global Composite Rebar Market Growth 2019-2024

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Composite rebar is used in the construction and repair of bridges-automobile, railway, pedestrian, combined. It replaced the metal products, as it has the following characteristics:

increased wear resistance;
resistance before exposure to corrosive environment, including seawater;
resistance to corrosion under high humidity conditions;
minimum weight, which is important when working with large bridges.

Composite rebar has many types, which include GFRP rebar, CFRP rebar, BFRP rebar and others. And each type has application industries relatively. With corrosion resistance and high strength of composite rebar, the downstream application industries will need more composite rebar products. So, composite rebar has a huge market potential in the future.
he major raw materials for composite rebar are glass fiber, carbon fiber, aramid fiber, basalt fiber, unsaturated polyester resin, epoxy resin, vinyl ester resin and others. Difference in the price of the raw materials will impact on the production cost of composite rebar.

According to this study, over the next five years the Composite Rebar market will register a 9.6% CAGR in terms of revenue, the global market size will reach US$ 578.4 million by 2024, from US$ 364.9 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Composite Rebar business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Composite Rebar market by product type, application, key manufacturers and key regions and countries.

This study considers the Composite Rebar value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Glass Fiber Reinforced Polymer Rebar (GFRP Rebar)
Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)
Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Road Building
Bridges & Port
Underground Construction

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Aslan FRP
Dextra Group
Nanjing Fenghui Composite
Shanghai KNP
BP Composites (TUFF-Bar)
Pultron Composites
Hubei Yulong
Marshall Composite Technologies
Sireg Geotech
Kodiak Fiberglass Rebar
Tribeni Fiber

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Composite Rebar consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Composite Rebar market by identifying its various subsegments.
Focuses on the key global Composite Rebar manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Composite Rebar with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Composite Rebar submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via *Market Research News is a part of Research By Markets.