DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bzrdlv/frp_rebars_market) has announced the addition of the "FRP Rebars Market in Construction Industry, by Type, by Application & by Region - Global Trends & Forecast to 2019" report to their offering.
FRP Rebars Market in Construction Industry, by Type (GFRP & BFRP), by Application (Roads, Bridges & Tunnels, Electrical Isolation, Marine Structures & Water Fronts, Water Treatment Plants, MRI Rooms & Others) & by Region - Global Trends & Forecast to 2019
The global FRP rebars market is estimated to grow at a CAGR of 8.96% between 2014 and 2019 to reach a value of $222.40 million
Due to the increasing applications of FRP rebars in projects involving water treatment plants, marine structures & water fronts and electrical isolation in the Asia-Pacific and the Middle East, the emerging regions are expected to register maximum growth.
The North American and European regions dominated the FRP rebars market in 2013 and accounted for 61% of the market share. These regions dominate this market due to their usage in roads, bridges & tunnels, electrical isolation, marine structures & water fronts, water treatment plants, MRI rooms, and other applications. The North American region has been the leading market with respect to the demand of FRP rebars but the Middle East will be the fastest growing market among all the regions for the forecast period. The market in the Middle East region is spurred by the large construction and infrastructure projects of Qatar, Saudi Arabia, and UAE that are experiencing increased construction activities, growing infrastructure, and with that, growing demand of FRP rebars.
The roads, bridges & tunnels segment occupy the topmost position in the FRP rebars market with 78% share by value in 2013 in which maximum growth is expected from water treatment plants and electrical isolation segments in the near future. High strength, lightweight, non-magnetic & non-corrosive properties, and good fatigue endurance are some of the properties that will drive the growth of this market in roads, bridges & tunnels, electrical isolation, marine structures & water fronts, water treatment plants, MRI rooms, and other segments. The factors responsible for the growing demand of FRP rebars industry are the growth in the global construction spending, growing acceptance of FRP rebars, and initiatives for research &development for FRP rebar products.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Premium Insights
5 Market Analysis, By Type
6 Market Analysis, By Application
7 Market Analysis, By Region
8 Competitive Landscape
9 Company Profiles
- Bp Composites Ltd.
- Dextra Group
- Firep International Ag
- Hughes Brothers
- International Grating Incorporation
- Kodiak Fiberglass Rebar Llc
- Marshall Composite Technologies Llc
- Pultron Composites
- Saudi Pultrusion Industries
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