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Composite Rebar Market By Application (Bridges & Ports (Leading Application Market), Buildings & Construction, Highways & Roads, Water Treatment Plants, Others), By Type (CFRP Rebar (Fastest Growing Segment), GFRP Rebar, BFRP Rebar, Others) – Size, Share, Growth, Trends and Segment Forecasts to 2016-2030

Published: | Report ID: 21747 | Report Format : PDF

Market Insights

  • The Composite Rebar market has grown impressive, with revenues soaring from USD 502.39 million in 2022 to USD 924.58 million in 2030.
  • This robust growth reflects a remarkable Compound Annual Growth Rate (CAGR) of 9.10% from 2023 to 2030.
  • Key drivers of this market include excellent corrosion resistance, increased infrastructure projects, and the rapid growth of the CFRP Rebar segment.
  • While higher initial costs and regulatory challenges pose restraints, opportunities lie in sustainability and green building initiatives, particularly in the Asia Pacific region.

Composite Rebar Market

Executive Summary

The Composite Rebar market has grown impressive, with revenues soaring from USD 502.39 million in 2022 to USD 924.58 million in 2030. This robust growth reflects a remarkable Compound Annual Growth Rate (CAGR) of 9.10% from 2023 to 2030.

Key drivers of this market include excellent corrosion resistance, increased infrastructure projects, and the rapid growth of the CFRP Rebar segment. While higher initial costs and regulatory challenges pose restraints, opportunities lie in sustainability and green building initiatives, particularly in the Asia Pacific region.

Market Definition

Composite Rebar, short for composite fiber-reinforced polymer rebar, is a high-strength alternative to traditional steel rebar in construction applications. It is designed to provide structural reinforcement while offering benefits such as corrosion resistance and increased longevity.

Market Overview

The Composite Rebar market has experienced substantial growth in recent years, driven by the need for more durable and corrosion-resistant construction materials. Revenues in this market surged from USD 502.39 million in 2022 to USD 924.58 million in 2030, with a notable Compound Annual Growth Rate (CAGR) of 9.10% during the period of 2023 to 2030.

This growth can be attributed to several factors, including the excellent corrosion resistance of composite rebar, the rise in infrastructure projects, and the rapid expansion of the CFRP (Carbon Fiber Reinforced Polymer) rebar segment.

Key Highlights of the Report

Europe dominated the market with around 40% in 2022, emphasizing its strong presence in the composite rebar industry. CFRP Rebar (Carbon Fiber Reinforced Polymer) is the fastest-growing segment, signifying its increased adoption in construction projects.

Bridges and ports are the leading application markets for composite rebar, driven by their critical need for corrosion-resistant materials. Distribution channels are the primary sales means, highlighting their importance in reaching customers.

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Market Segmentation

Segmentation by Application

  • Bridges and ports are prominent application areas for composite rebar. These critical infrastructures demand materials with exceptional corrosion resistance due to their exposure to harsh environmental conditions, including moisture and salt water. Composite rebar offers a durable and long-lasting solution, making it the preferred choice in these settings. The need for infrastructure development, maintenance, and expansion further drives the demand for composite rebar in this segment.
  • The construction of residential and commercial buildings relies heavily on reinforcement materials to ensure structural integrity. Composite rebar finds applications in various construction projects, ranging from residential housing to high-rise buildings. Its corrosion resistance and strength make it an ideal choice for reinforcing concrete structures, contributing to the longevity and safety of buildings.
  • The construction and maintenance of highways and roads require materials that can withstand the stresses of heavy traffic and exposure to the elements. Composite rebar’s resistance to corrosion and superior strength make it a valuable component in road infrastructure projects. As governments invest in improving transportation networks, the demand for composite rebar in this segment is expected to grow.
  • Water treatment plants ensure access to clean and safe drinking water. These facilities often use concrete structures that require reinforcement to withstand the corrosive effects of water and chemicals. Composite rebar’s corrosion-resistant properties make it an ideal choice for such applications, ensuring the durability of water treatment infrastructure.
  • Beyond the primary application segments mentioned above, composite rebar finds use in various niche applications. These may include tunnels, dams, and specialized construction projects where corrosion resistance, durability, and strength are essential. The versatility of composite rebar allows it to cater to specific project requirements across a wide range of applications.

Segmentation by Type

  • Carbon Fiber Reinforced Polymer (CFRP) rebar is the fastest-growing segment within the Composite Rebar market. CFRP rebar offers exceptional strength-to-weight ratios and high corrosion resistance. This type of composite rebar is widely adopted in applications where weight reduction and superior durability are critical, such as bridges, marine structures, and high-performance concrete structures.
  • Glass Fiber Reinforced Polymer (GFRP) rebar is another prominent type in the market. It provides good corrosion resistance and is often used in construction projects where cost-effectiveness and moderate strength are essential. GFRP rebar finds applications in various sectors, including residential and commercial construction, highways, and water treatment facilities.
  • Basalt Fiber Reinforced Polymer (BFRP) rebar is valued for its excellent resistance to alkaline environments. It is commonly used in projects where concrete is exposed to high pH levels, such as wastewater treatment plants. BFRP rebar balances cost, corrosion resistance, and durability, making it suitable for specific applications in the construction industry.
  • In addition to the primary types mentioned above, other composite materials and variations are used in rebar production. These may include hybrid composites combining two or more fibers to achieve specific performance characteristics. The choice of composite type often depends on the project’s requirements, budget constraints, and the expected environmental conditions.

Segmentation by End Users

Infrastructure and construction is one of the primary end-user segments for composite rebar. This category includes a variety of applications, such as:

  • Bridges and Overpasses: Composite rebar is extensively used in the construction of bridges and overpasses due to its excellent corrosion resistance and high tensile strength. It ensures the durability and longevity of these critical structures.
  • Highway and Road Construction: Composite rebar finds application in highway and road construction projects to enhance the lifespan of pavements and reduce maintenance costs.
  • Buildings and Commercial Structures: Composite rebar is increasingly used in buildings, residential complexes, and commercial structures to improve structural integrity and reduce the risk of corrosion-related damage.

Composite rebar is indispensable in marine and coastal environments, where structures are constantly exposed to harsh saltwater conditions. This segment includes applications like:

  • Seawalls and Docks: Composite rebar is preferred for seawall and dock construction due to its resistance to saltwater corrosion, ensuring the stability of these structures over time.
  • Port and Harbor Facilities: Port infrastructure, including piers and harbor facilities, benefits from using composite rebar to withstand the corrosive effects of saltwater and provide long-term durability.

Composite rebar is widely used to construct wastewater treatment plants and water treatment facilities. These facilities demand materials that can withstand exposure to highly alkaline environments and corrosive chemicals.

Beyond these primary segments, composite rebar finds applications in several other industries and projects. These may include:

  • Oil and Gas Industry: In offshore drilling platforms and structures exposed to corrosive substances, composite rebar provides corrosion resistance and structural stability.
  • Aerospace and Defense: In military and aerospace applications, composite rebar may be used for its lightweight yet strong properties.
  • Renewable Energy Projects: Composite rebar can be employed in renewable energy projects like wind turbine foundations, where resistance to environmental factors is crucial.
  • Transportation Infrastructure: Composite rebar may be used in tunnels and railway projects to ensure structural durability and longevity.

Segmentation by Region

  • Europe plays a significant role in the Composite Rebar market, accounting for approximately 40% of the global market share. This region has been an early adopter of composite rebar technology, driven by its strong focus on sustainable construction practices and stringent regulations regarding corrosion resistance.
  • North America is another prominent market for composite rebar. It is characterized by a growing demand for infrastructure and construction projects, where composite rebar’s corrosion resistance and durability are highly valued. The region is witnessing significant growth in adopting composite rebar due to its advantages over traditional steel rebar.
  • Asia Pacific presents a compelling growth opportunity for the Composite Rebar market. With a compound annual growth rate (CAGR) of over 13.5%, this region is poised for substantial expansion. The surge in infrastructure development, particularly in emerging economies like China and India, is a key driver for the increased demand for composite rebar. This region’s construction of bridges, highways, and high-rise buildings contributes significantly to the market’s growth.
  • While Latin America currently holds a relatively smaller market share, it is experiencing steady growth in adopting composite rebar. The region’s construction and infrastructure projects are gradually recognizing the benefits of composite rebar, such as corrosion resistance and longevity. As awareness and acceptance grow, Latin America may become a more significant market player.
  • The Middle East and Africa region exhibit a CAGR of 7.5%, indicating a moderate yet steady growth in the use of composite rebar. This growth is attributed to the region’s infrastructure development, including construction projects in urban areas and oil and gas facilities. Composite rebar’s resistance to corrosion makes it a valuable choice in environments with extreme temperature variations and exposure to harsh conditions.

Composite Rebar market regional analysis

North America commands a substantial share of over 25% in the Composite Rebar market. This region’s dominance is attributed to its robust construction industry and a growing emphasis on sustainable building practices. Composite rebar’s corrosion resistance and durability make it a favored choice for infrastructure projects in the United States and Canada.

Europe has been a frontrunner in adopting composite rebar technology, with a compound annual growth rate (CAGR) of approximately 9.5%. In 2022, Europe held a major market share, driven by stringent regulations promoting corrosion-resistant construction materials. The region is projected to witness the fastest growth during the forecast period as its commitment to sustainable and environmentally friendly building practices continues to drive demand.

The Asia Pacific region showcases a remarkable CAGR above 12%, underscoring its significant growth potential. Rapid urbanization and infrastructure development in countries like China and India fuel the demand for composite rebar. As the construction of bridges, high-rise buildings, and transportation networks expands, Asia Pacific is poised to witness substantial growth in adopting composite rebar.

While Latin America currently holds a share of around 4.5% in the Composite Rebar market, it is gradually recognizing the benefits of composite rebar, such as corrosion resistance and longevity. As construction projects in the region become more ambitious, the adoption of composite rebar is expected to increase, contributing to market growth.

The Middle East and Africa region demonstrate a steady CAGR of 5%, driven by construction projects in urban areas and oil and gas facilities. Composite rebar’s resistance to corrosion makes it well-suited for the challenging environmental conditions in this region. As infrastructure development continues, the Middle East and Africa are anticipated to play a significant role in the global Composite Rebar market.

What Are the Main Drivers of the Composite Rebar Market?

The main drivers of the Composite Rebar Market include excellent corrosion resistance and increased infrastructure projects.

What Are The Major Challenges Faced By the Composite Rebar Market?

The Composite Rebar Market’s major challenges include the higher initial costs, regulatory challenges, and market awareness and acceptance.

What Are The Growth Opportunities In the Composite Rebar Market?

The growth opportunities in the Composite Rebar Market include sustainability, green building, and high growth potential in Asia Pacific.

Market Drivers

Several factors drive the Composite Rebar market. The following are the key drivers of the Composite Rebar market:

Excellent Corrosion Resistance:

One of the standout features driving the growth of the Composite Rebar market is its exceptional corrosion resistance. Compared to traditional steel rebar, which is prone to rust and corrosion over time, composite rebar offers a robust and long-lasting alternative. This attribute is especially valuable in environments characterized by high moisture levels, saline conditions, or exposure to corrosive substances.

Composite rebar’s resistance to corrosion translates into several significant advantages for construction projects. Firstly, it enhances the longevity and structural integrity of the infrastructure, reducing maintenance costs over the long term. This is crucial for critical structures like bridges, where avoiding corrosion-related deterioration is paramount for safety and functionality.

Secondly, it allows for the use of composite rebar in a wider range of applications, including marine, coastal, and wastewater treatment facilities, where traditional steel rebar may quickly degrade. As a result, composite rebar is the material of choice for engineers and contractors seeking durable, corrosion-resistant solutions in challenging environments.

Increased Infrastructure Projects:

The Composite Rebar market has experienced a substantial boost due to the escalating number of infrastructure projects worldwide. This trend is evident in constructing bridges, ports, highways, tunnels, and other critical elements of modern infrastructure.

Infrastructure development is a fundamental driver of economic growth and urbanization across the globe. As cities expand and transportation networks become more extensive, the demand for construction materials that can withstand the rigors of heavy usage and harsh environmental conditions has surged.

Composite rebar has emerged as a preferred choice in these projects due to its excellent structural properties, including high tensile strength, lightweight nature, and, as previously mentioned, corrosion resistance.

Additionally, composite rebar offers advantages during construction, as it is easier to handle and transport than traditional steel rebar, reducing labor and logistical costs. It also aligns with sustainability goals, as its production typically has a lower carbon footprint than steel rebar manufacturing.

Market Limitations

The Composite Rebar market faces some challenges that may hinder its growth. These include the following:

Higher Initial Costs:

One significant limitation of the Composite Rebar market is the comparatively higher initial costs associated with this advanced construction material. While composite rebar offers numerous long-term advantages, including extended service life and reduced maintenance expenses, its upfront price tag can pose a challenge, particularly for construction projects operating under tight budget constraints.

Construction projects often work within predefined budgets, and the initial cost of materials can significantly impact decision-making. Traditional steel rebar, a well-established and familiar choice, generally comes at a lower initial cost. This cost differential can lead some project managers to opt for steel rebar to manage immediate expenses, even though composite rebar could offer substantial savings and benefits over the project’s lifecycle.

To address this limitation, the composite rebar industry must emphasize the total cost of ownership (TCO) benefits, highlighting how the initial investment pays off through reduced maintenance, longer service life, and enhanced structural performance. Demonstrating these advantages through case studies and real-world examples can encourage more construction projects to consider the long-term value of composite rebar.

Regulatory Challenges: 

Regulatory compliance and adherence to building codes and standards are essential for any construction project. However, the Composite Rebar market may encounter challenges navigating the regulatory landscape. This can include ensuring that composite rebar products meet specific safety, durability, and performance criteria set forth by local building authorities.

Different regions and countries may have varying standards and acceptance levels for composite rebar, which can add complexity to its adoption. Market players must invest in research and development to ensure that their products meet or exceed these standards, and they must collaborate with regulatory bodies to streamline the approval process.

Overcoming regulatory challenges involves ongoing dialogue, transparency, and education within the construction industry to establish trust in the safety and reliability of composite rebar as a construction material.

Market Awareness and Acceptance:

Achieving widespread market awareness and acceptance of composite rebar represents another limitation the industry must address. Composite rebar is a relatively newer entrant than steel rebar, which has been used for decades. Consequently, many stakeholders, including architects, engineers, contractors, and builders, may need more familiarity with composite rebar’s benefits, applications, and performance characteristics.

To overcome this limitation, concerted efforts in education and promotion are essential. This includes conducting workshops, seminars, and training programs to familiarize professionals with the advantages of composite rebar, such as its corrosion resistance, lightweight properties, and durability. Case studies and success stories showcasing projects that have benefited from composite rebar can be powerful tools for building market awareness.

Moreover, collaboration with industry associations, certification bodies, and trade organizations can help establish guidelines and best practices for composite rebar, further contributing to its acceptance within the construction community.

Market Opportunities

The Composite Rebar market faces some challenges that may hinder its growth. These include the following:

Sustainability and Green Building:

The rising global emphasis on sustainability and environmentally responsible construction practices represents a substantial opportunity for the Composite Rebar market. As governments, businesses, and individuals increasingly prioritize reducing their carbon footprint and conserving natural resources, the demand for eco-friendly construction materials has grown significantly.

Composite rebar is well-positioned to meet these sustainability objectives. Its corrosion resistance, which eliminates the need for chemical treatments and regular maintenance, contributes to a more environmentally friendly construction process. Additionally, composite rebar’s extended lifespan ensures that structures require fewer repairs and replacements, reducing the overall environmental impact.

Green building certifications, such as LEED (Leadership in Energy and Environmental Design), often award points for using sustainable materials. Composite rebar can be vital in helping construction projects earn these certifications, making it an attractive choice for architects, builders, and developers committed to green building practices.

Market players should actively promote the eco-friendly attributes of composite rebar, highlighting its potential to reduce waste, lower energy consumption, and support the construction industry’s transition to a more sustainable future. Collaborations with sustainability-focused organizations and participation in industry events centered on green construction can further capitalize on this opportunity.

Huge Growth Potential in Asia Pacific:

The Asia Pacific region is a hotspot of opportunity for the Composite Rebar market. Rapid urbanization, population growth, and ambitious infrastructure development projects in countries like China and India have created a surging demand for durable construction materials.

Composite rebar’s exceptional corrosion resistance and longevity make it particularly appealing in regions with diverse climatic conditions, where traditional steel rebar may be more susceptible to rust and degradation. Infrastructure projects, including the construction of bridges, ports, highways, and high-rise buildings, are rising in the Asia Pacific, offering a vast market for composite rebar.

Market players should establish strong partnerships and distribution networks in the Asia Pacific region to leverage this growth potential. Collaborating with local construction firms, architects, and engineering consultants can help introduce composite rebar as a reliable and cost-effective alternative to traditional materials. Tailoring marketing strategies to address this market’s unique needs and preferences can further accelerate growth.

Moreover, staying informed about regional regulations and standards related to construction materials is crucial to ensuring compliance and facilitating the adoption of composite rebar in the Asia Pacific. Continuous research and development efforts to enhance product performance and adapt to local requirements will also contribute to seizing the significant opportunities in this dynamic region.

Competitive Landscape

Composite Rebar market competitive scenario

Key Players

The Composite Rebar market features several key players; including industry leaders in composite rebar production and distribution. Some notable companies in this market include:

  • Aslan FRP
  • Sireg Geotech
  • Armastek
  • Schoeck
  • B&B FRP Manufacturing Inc.
  • Pultrall
  • BP Composites (TUFF-Bar)
  • Nycon
  • Dextra Group
  • Neuvokas Corporate
  • Galen
  • FiREP
  • Hubei Yulong

These companies focus on technological innovation, product customization, and expanding their global presence to maintain their competitive edge in the market. The market’s competitive landscape will intensify as demand for Composite Rebar rises.

Recent Development

On April 27, 2023, ExxonMobil’s subsidiary, Materia, headquartered in Pasadena, California, USA, joined forces with NEG-US, located in Shelby, North Carolina, USA, and GatorBar, based in Ahmeek, Michigan, USA, to establish a strategic partnership dedicated to expanding the presence of composite rebar in the concrete reinforcement industry.

Summary of Key Findings

  • The Composite Rebar market has grown substantially, driven by corrosion resistance and increased infrastructure projects.
  • Europe is the dominant market, accounting for around 40% of the market share.
  • CFRP Rebar is the fastest-growing segment, reflecting its growing adoption in construction.
  • Given their high demand for corrosion-resistant materials, bridges and ports are the leading application markets.
  • Distribution channels are the primary sales channels for composite rebar.

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Future Outlook

  • The market will continue to benefit from the global emphasis on sustainability in construction. Composite rebar’s eco-friendly attributes, including corrosion resistance and extended lifespan, will make it an integral component of green building practices.
  • With a growing number of infrastructure projects worldwide, the demand for corrosion-resistant construction materials like composite rebar will remain strong. The material’s ability to withstand harsh environmental conditions makes it a preferred choice for bridges, ports, highways, and other critical structures.
  • While higher initial costs have been a limitation, market players are expected to innovate and optimize production processes, potentially reducing the cost gap between composite and traditional steel rebar. Regulatory challenges will be met through close collaboration with industry stakeholders and adherence to evolving construction standards.
  • The Asia Pacific region, characterized by rapid urbanization and infrastructure development, will play a pivotal role in the market’s expansion. Market participants should establish a strong regional presence to tap into its substantial growth potential.
  • Continuous research and development efforts will drive product enhancements, such as improved performance and customization options to meet diverse regional needs. Innovation will be a key strategy to maintain competitiveness.
  • Market players will invest in educational initiatives aimed at architects, engineers, builders, and regulatory bodies to overcome market awareness and acceptance challenges. These efforts will promote the benefits and applications of composite rebar.
  • Composite rebar will gain wider acceptance as a standard construction material in many regions, replacing or complementing traditional steel rebar in various applications.
  • Collaboration between manufacturers, construction firms, and sustainability-focused organizations will foster the growth of composite rebar. Partnerships will lead to the development of new markets and innovative applications.
  • Market participants will remain attuned to emerging trends in construction, such as modular and prefabricated construction methods, and align their product offerings accordingly.
  • Composite rebar will continue to play a pivotal role in helping construction projects earn sustainability certifications, enhancing its appeal among environmentally conscious customers.
  • The Composite Rebar market has demonstrated resilience in the face of challenges. It will continue to adapt to changing market dynamics and emerge as a reliable and sustainable solution for the construction industry.

Market Segmentation

  • By Application
    • Bridges & Ports (Leading Application Market)
    • Buildings & Construction
    • Highways & Roads
    • Water Treatment Plants
    • Others
  • By Type
    • CFRP Rebar (Fastest Growing Segment)
    • GFRP Rebar
    • BFRP Rebar
    • Others
  • By End-Users
    • Infrastructure and Construction
    • Marine and Coastal Structures
    • Wastewater and Water Treatment
    • Others
  • By Price Range
    • Low
    • Medium
    • High
  • By Region
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK.
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • South-east Asia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Argentina
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East and Africa

CHAPTER NO. 1 : INTRODUCTION 27

1.1. Report Description 27

1.1.1. Purpose of the Report 27

1.1.2. USP & Key Offerings 27

1.2. Key Benefits for Stakeholders 27

1.3. Target Audience 28

1.4. Report Scope 29

 

CHAPTER NO. 2 : EXECUTIVE SUMMARY 31

2.1. Composite Rebar Market Snapshot 31

2.2. Global Composite Rebar Market, 2017 – 2022 (Mn Meter) (USD Million) 32

 

CHAPTER NO. 3 : IMPACT ANALYSIS OF COVID 19 & RUSSIA-UKRAINE WAR ON COMPOSITE REBAR MARKET 34

3.1. Impact Assessment of COVID-19 Pandemic, By Region 34

3.1.1. Supply chain disruptions 34

3.1.2. Demand fluctuations 34

3.1.3. Shift in product mix 34

3.1.4. Reduced industrial activity 34

3.1.5. Temporary disruptions and delays 34

3.1.6. Shift in focus towards essential services 34

3.2. Russia-Ukraine War Impacts 35

3.2.1. Uncertainty and economic instability 35

3.2.2. Supply chain disruptions 35

3.2.3. Regional market shifts 35

3.2.4. Shift in government priorities 35

 

CHAPTER NO. 4 : COMPOSITE REBAR MARKET – INDUSTRY ANALYSIS 36

4.1. Introduction 36

4.2. Market Drivers 37

4.2.1. Driving Factor 1 Analysis 37

4.2.2. Driving Factor 2 Analysis 38

4.3. Market Restraints 39

4.3.1. Restraining Factor Analysis 39

4.4. Market Opportunities 40

4.4.1. Market Opportunity Analysis 40

4.5. Porter’s Five Forces Analysis 41

4.6. Value Chain Analysis 42

4.7. Buying Criteria 43

 

CHAPTER NO. 5 : IMPORT EXPORT ANALYSIS 44

5.1. Import Analysis by Region 44

5.1.1. Global Composite Rebar Market Import Volume/Revenue, By Region, 2017 – 2022 44

5.2. Export Analysis by Region 45

5.2.1. Global Composite Rebar Market Export Volume/Revenue, By Region, 2017 – 2022 45

 

CHAPTER NO. 6 : DEMAND SUPPLY ANALYSIS 46

6.1. Demand Analysis by Region 46

6.1.1. Global Composite Rebar Market Demand Volume/Revenue, By Region, 2017 – 2022 46

6.2. Supply Analysis by Region 47

6.2.1. Global Composite Rebar Market Supply Volume/Revenue, By Region, 2017 – 2022 47

 

CHAPTER NO. 7 : PRODUCTION ANALYSIS 48

7.1. Production Analysis by Region 48

7.1.1. Global Composite Rebar Market Production, By Region, 2017 – 2022 48

7.1.2. Global Composite Rebar Market Production Volume, By Region, 2017 – 2022 (Mn Meter) 48

 

CHAPTER NO. 8 : PRICE ANALYSIS 49

8.1. Price Analysis by Region 49

8.1.1. Global Composite Rebar Market Price, By Region, 2017 – 2022 49

8.1.2. Global Type Market Price, By Region, 2017 – 2022 49

8.2. Price Analysis by Type 50

8.2.1. Global Composite Rebar Market Price, By Type, 2017 – 2022 50

8.2.2. Global Type Market Price, By Type, 2017 – 2022 50

 

CHAPTER NO. 9 : RAW MATERIALS ANALYSIS 51

9.1. Key Raw Materials and Suppliers 51

9.2. Key Raw Materials Price Trend 51

 

CHAPTER NO. 10 : MANUFACTURING COST ANALYSIS 52

10.1. Manufacturing Cost Analysis 52

10.1.1. Manufacturing Cost Analysis 52

10.2. Manufacturing Process 52

10.2.1. Manufacturing Process 52

 

CHAPTER NO. 11 : ANALYSIS COMPETITIVE LANDSCAPE 53

11.1. Company Market Share Analysis – 2022 53

11.1.1. Global Composite Rebar Market: Company Market Share, by Volume, 2022 53

11.1.2. Global Composite Rebar Market: Company Market Share, by Revenue2022 53

11.1.3. Global Composite Rebar Market: Top 6 Company Market Share, by Revenue2022 54

11.1.4. Global Composite Rebar Market: Top 3 Company Market Share, by Revenue2022 54

11.1. Global Composite Rebar Market Company Volume Market Share, 2022 55

11.2. Global Composite Rebar Market Company Revenue Market Share, 2022 56

11.3. Company Assessment Metrics, 2022 57

11.3.1. Stars 57

11.3.2. Emerging Leaders 57

11.3.3. Pervasive Players 57

11.3.4. Participants 57

11.4. Start-ups /SMEs Assessment Metrics, 2022 57

11.4.1. Progressive Companies 57

11.4.2. Responsive Companies 57

11.4.3. Dynamic Companies 57

11.4.4. Starting Blocks 57

11.5. Strategic Developments 58

11.5.1. Acquisitions & Mergers 58

11.5.2. New Product Launch 58

11.5.3. Regional Expansion 58

11.6. Key Players Product Matrix 59

 

CHAPTER NO. 12 : PESTEL & ADJACENT MARKET ANALYSIS 60

12.1. PESTEL 60

12.1.1. Political Factors 60

12.1.2. Economic Factors 60

12.1.3. Social Factors 60

12.1.4. Technological Factors 60

12.1.5. Environmental Factors 60

12.1.6. Legal Factors 60

12.2. Adjacent Market Analysis 60

 

CHAPTER NO. 13 : COMPOSITE REBAR MARKET – BY TYPE SEGMENT ANALYSIS 61

13.1. Composite Rebar Market Overview, by Type Segment 61

13.1.1. Composite Rebar Market Volume Share, By Type, 2022 & 2030 62

13.1.2. Composite Rebar Market Revenue Share, By Type, 2022 & 2030 62

13.1.3. Composite Rebar Market Attractiveness Analysis, By Type 63

13.1.4. Incremental Revenue Growth Opportunity, by Type, 2023 – 2030 63

13.1.5. Composite Rebar Market Revenue, By Type, 2017, 2022, 2026 & 2030 64

13.2. GFRP Rebar 65

13.2.1. Global GFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 66

13.2.2. Global GFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 66

13.3. BFRP Rebar 67

13.3.1. Global BFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 68

13.3.2. Global BFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 68

13.4. CFRP Rebar 69

13.4.1. Global CFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 70

13.4.2. Global CFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 70

13.5. AFRP Rebar 71

13.5.1. Global AFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 72

13.5.2. Global AFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 72

13.6. Others 73

13.6.1. Global Others Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 74

13.6.2. Global Others Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 74

 

CHAPTER NO. 14 : COMPOSITE REBAR MARKET – BY APPLICATION SEGMENT ANALYSIS 75

14.1. Composite Rebar Market Overview, by Application Segment 75

14.1.1. Composite Rebar Market Volume Share, By Application, 2022 & 2030 76

14.1.2. Composite Rebar Market Revenue Share, By Application, 2022 & 2030 76

14.1.3. Composite Rebar Market Attractiveness Analysis, By Application 77

14.1.4. Incremental Revenue Growth Opportunity, by Application, 2023 – 2030 77

14.1.5. Composite Rebar Market Revenue, By Application, 2017, 2022, 2026 & 2030 78

14.2. Bridges & Port 79

14.2.1. Global Bridges & Port Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 80

14.2.2. Global Bridges & Port Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 80

14.3. Underground Construction 81

14.3.1. Global Underground Construction Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 82

14.3.2. Global Underground Construction Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 82

14.4. Road Building 83

14.4.1. Global Road Building Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 84

14.4.2. Global Road Building Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 84

14.5. Commercial Buildings 85

14.5.1. Global Commercial Buildings Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 86

14.5.2. Global Commercial Buildings Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 86

14.6. Others 87

14.6.1. Global Others Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 88

14.6.2. Global Others Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 88

 

CHAPTER NO. 15 : COMPOSITE REBAR MARKET – BY SALES CHANNEL SEGMENT ANALYSIS 89

15.1. Composite Rebar Market Overview, by Sales Channel Segment 89

15.1.1. Composite Rebar Market Volume Share, By Sales Channel, 2022 & 2030 90

15.1.2. Composite Rebar Market Revenue Share, By Sales Channel, 2022 & 2030 90

15.1.3. Composite Rebar Market Attractiveness Analysis, By Sales Channel 91

15.1.4. Incremental Revenue Growth Opportunity, by Sales Channel, 2023 – 2030 91

15.1.5. Composite Rebar Market Revenue, By Sales Channel, 2017, 2022, 2026 & 2030 92

15.2. Direct Channel 93

15.2.1. Global Direct Channel Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 94

15.2.2. Global Direct Channel Composite Rebar Market Volume & Revenue, By Region, 2023 – 2030 (Mn Meter) (USD Million) 94

15.3. Distribution Channel 95

15.3.1. Global Distribution Channel Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 96

15.3.2. Global Distribution Channel Composite Rebar Market Volume & Revenue, By Region, 2023 – 2030 (Mn Meter) (USD Million) 96

 

CHAPTER NO. 16 : COMPOSITE REBAR MARKET – REGIONAL ANALYSIS 97

16.1. Composite Rebar Market Overview, by Regional Segments 97

16.2. Region 98

16.2.1. Global Composite Rebar Market Volume Share, By Region, 2022 & 2030 98

16.2.2. Global Composite Rebar Market Revenue Share, By Region, 2022 & 2030 98

16.2.3. Composite Rebar Market Attractiveness Analysis, By Region 99

16.2.4. Incremental Revenue Growth Opportunity, by Region, 2023 – 2030 99

16.2.5. Composite Rebar Market Revenue, By Region, 2017, 2022, 2026 & 2030 100

16.2.6. Global Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 101

16.2.7. Global Composite Rebar Market Volume & Revenue, By Region, 2023 – 2030 (Mn Meter) (USD Million) 101

16.3. Type 102

16.3.1. Global Composite Rebar Market Volume & Revenue, By Type, 2017 – 2022 (Mn Meter) (USD Million) 102

16.3.2. Global Composite Rebar Market Volume & Revenue, By Type, 2023 – 2030 (Mn Meter) (USD Million) 102

16.4. Application 103

16.4.1. Global Composite Rebar Market Volume & Revenue, By Application, 2017 – 2022 (Mn Meter) (USD Million) 103

16.4.2. Global Composite Rebar Market Volume & Revenue, By Application, 2023 – 2030 (Mn Meter) (USD Million) 103

16.5. Sales Channel 104

16.5.1. Global Composite Rebar Market Volume & Revenue, By Sales Channel, 2017 – 2022 (Mn Meter) (USD Million) 104

16.5.2. Global Composite Rebar Market Volume & Revenue, By Sales Channel, 2023 – 2030 (Mn Meter) (USD Million) 104

 

CHAPTER NO. 17 : COMPOSITE REBAR MARKET – NORTH AMERICA 105

17.1. North America 105

17.1. Key Highlights 105

17.1.1. North America Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 106

17.1.2. North America Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 107

17.1.2.1. North America Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 108

17.1.3. North America Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 109

17.1.4. North America Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 110

17.1.5. North America Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 111

17.1.6. North America Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 112

17.1.7. North America Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 113

17.1.8. U.S. 114

17.1.9. Canada 114

17.1.10. Mexico 114

 

CHAPTER NO. 18 : COMPOSITE REBAR MARKET – EUROPE 115

18.1. Europe 115

18.2. Key Highlights 115

18.2.1. Europe Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 116

18.2.2. Europe Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 117

18.2.3. Europe Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 118

18.2.4. Europe Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 119

18.2.5. Europe Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 120

18.2.6. Europe Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 121

18.2.7. Europe Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 122

18.2.8. Europe Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 123

18.2.9. UK 124

18.2.10. France 124

18.2.11. Germany 124

18.2.12. Italy 124

18.2.13. Spain 124

18.2.14. Russia 124

18.2.15. BENELUX 124

18.2.16. Sweden 124

18.2.17. Denmark 124

18.2.18. Poland 124

18.2.19. Austria 124

18.2.20. Rest of Europe 124

 

CHAPTER NO. 19 : COMPOSITE REBAR MARKET – ASIA PACIFIC 125

19.1. Asia Pacific 125

19.2. Key Highlights 125

19.2.1. Asia Pacific Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 126

19.2.2. Asia Pacific Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 127

19.2.3. Asia Pacific Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 129

19.2.4. Asia Pacific Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 130

19.2.5. Asia Pacific Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 131

19.2.6. Asia Pacific Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 132

19.2.7. Asia Pacific Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 133

19.2.8. Asia Pacific Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 134

19.2.9. China 135

19.2.10. Japan 135

19.2.11. South Korea 135

19.2.12. India 135

19.2.13. Thailand 135

19.2.14. Indonesia 135

19.2.15. Vietnam 135

19.2.16. Malaysia 135

19.2.17. Philippines 135

19.2.18. Taiwan 135

19.2.19. Rest of Asia Pacific 135

 

CHAPTER NO. 20 : COMPOSITE REBAR MARKET – LATIN AMERICA 136

20.1. Latin America 136

20.2. Key Highlights 136

20.2.1. Latin America Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 137

20.2.2. Latin America Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 138

20.2.3. Latin America Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 139

20.2.4. Latin America Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 140

20.2.5. Latin America Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 141

20.2.6. Latin America Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 142

20.2.7. Latin America Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 143

20.2.8. Latin America Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 144

20.2.9. Brazil 145

20.2.10. Argentina 145

20.2.11. Colombia 145

20.2.12. Chile 145

20.2.13. Peru 145

20.2.14. Rest of Latin America 145

 

CHAPTER NO. 21 : COMPOSITE REBAR MARKET – MIDDLE EAST 146

21.1. The Middle-East 146

21.2. Key Highlights 146

21.2.1. Middle East Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 147

21.2.2. Middle East Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 148

21.2.3. Middle East Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 149

21.2.4. Middle East Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 150

21.2.5. Middle East Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 151

21.2.6. Middle East Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 152

21.2.7. Middle East Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 153

21.2.8. Middle East Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 154

21.2.9. GCC Countries 155

21.2.10. Israel 155

21.2.11. Turkey 155

21.2.12. Iran 155

21.2.13. Rest of Middle East & Africa 155

 

CHAPTER NO. 22 : COMPOSITE REBAR MARKET – AFRICA 156

22.1. Africa 156

22.2. Key Highlights 156

22.2.1. Africa Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 157

22.2.2. Africa Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 158

22.2.3. Africa Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 159

22.2.4. Africa Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 160

22.2.5. Africa Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 161

22.2.6. Africa Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 162

22.2.7. Africa Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 163

22.2.8. Africa Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 164

22.2.9. South Africa 165

22.2.10. Egypt 165

22.2.11. Nigeria 165

22.2.12. Algeria 165

22.2.13. Morocco 165

22.2.14. Rest of Africa 165

 

CHAPTER NO. 23 : COMPANY PROFILES 166

23.1. Armastek 166

23.1.1. Company Overview 166

23.1.2. Product Portfolio 166

23.1.3. Swot Analysis 166

23.1.4. Business Strategy 167

23.1.5. Financial Overview 167

23.2. Aslan FRP 168

23.3. B&B FRP Manufacturing Inc 168

23.4. BP Composites (TUFF-Bar) 168

23.5. Dextra Group 168

23.6. FiReP 168

23.7. Galen 168

23.8. Hubei Yulong 168

23.9. Neuvokas Corporate 168

23.10. Nycon 168

23.11. Pultrall 168

23.12. Kodiak Fiberglass Rebar 168

23.13. Marshall Composite Technologies 168

23.14. Mateenbar 168

23.15. Pultron Composites 168

23.16. Schoeck 168

23.17. Sireg Geotech 168

23.18. Technobasalt 168

 

CHAPTER NO. 24 : RESEARCH METHODOLOGY 169

24.1. Research Methodology 169

24.2. Phase I – Secondary Research 170

24.3. Phase II – Data Modeling 170

24.3.1. Company Share Analysis Model 171

24.3.2. Revenue Based Modeling 171

24.4. Phase III – Primary Research 172

24.5. Research Limitations 173

24.5.1. Assumptions 173

List of Figures

FIG NO. 1. Global Composite Rebar Market Volume & Revenue, 2017 – 2022 (Mn Meter) (USD Million) 32

FIG NO. 2. Porter’s Five Forces Analysis for Global Composite Rebar Market 41

FIG NO. 3. Value Chain Analysis for Global Composite Rebar Market 42

FIG NO. 4. Global Composite Rebar Market Import Volume/Revenue, By Region, 2017 – 2022 44

FIG NO. 5. Global Composite Rebar Market Export Volume/Revenue, By Region, 2017 – 2022 45

FIG NO. 6. Global Composite Rebar Market Demand Volume/Revenue, By Region, 2017 – 2022 46

FIG NO. 7. Global Composite Rebar Market Supply Volume/Revenue, By Region, 2017 – 2022 47

FIG NO. 8. Global Composite Rebar Market Production, By Region, 2017 – 2022 48

FIG NO. 9. Global Composite Rebar Market Price, By Region, 2017 – 2022 49

FIG NO. 10. Global Composite Rebar Market Price, By Type, 2017 – 2022 50

FIG NO. 11. Raw Materials Price Trend Analysis, 2017 – 2022 51

FIG NO. 12. Manufacturing Cost Analysis 52

FIG NO. 13. Manufacturing Process 52

FIG NO. 14. Company Share Analysis, 2022 53

FIG NO. 15. Company Share Analysis, 2022 53

FIG NO. 16. Company Share Analysis, 2022 54

FIG NO. 17. Company Share Analysis, 2022 54

FIG NO. 18. Composite Rebar Market – Company Volume  Market Share, 2022 55

FIG NO. 19. Composite Rebar Market – Company Revenue Market Share, 2022 56

FIG NO. 20. Composite Rebar Market Volume Share, By Type, 2022 & 2030 62

FIG NO. 21. Composite Rebar Market Revenue Share, By Type, 2022 & 2030 62

FIG NO. 22. Market Attractiveness Analysis, By Type 63

FIG NO. 23. Incremental Revenue Growth Opportunity by Type 63

FIG NO. 24. Composite Rebar Market Revenue, By Type, 2017, 2022, 2026 & 2030 64

FIG NO. 25. Global Composite Rebar Market for GFRP Rebar, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 65

FIG NO. 26. Global Composite Rebar Market for BFRP Rebar, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 67

FIG NO. 27. Global Composite Rebar Market for CFRP Rebar, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 69

FIG NO. 28. Global Composite Rebar Market for AFRP Rebar, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 71

FIG NO. 29. Global Composite Rebar Market for Others, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 73

FIG NO. 30. Composite Rebar Market Volume Share, By Application, 2022 & 2030 76

FIG NO. 31. Composite Rebar Market Revenue Share, By Application, 2022 & 2030 76

FIG NO. 32. Market Attractiveness Analysis, By Application 77

FIG NO. 33. Incremental Revenue Growth Opportunity by Application 77

FIG NO. 34. Composite Rebar Market Revenue, By Application, 2017, 2022, 2026 & 2030 78

FIG NO. 35. Global Composite Rebar Market for Bridges & Port, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 79

FIG NO. 36. Global Composite Rebar Market for Underground Construction, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 81

FIG NO. 37. Global Composite Rebar Market for Road Building, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 83

FIG NO. 38. Global Composite Rebar Market for Commercial Buildings, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 85

FIG NO. 39. Global Composite Rebar Market for Others, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 87

FIG NO. 40. Composite Rebar Market Volume Share, By Sales Channel, 2022 & 2030 90

FIG NO. 41. Composite Rebar Market Revenue Share, By Sales Channel, 2022 & 2030 90

FIG NO. 42. Market Attractiveness Analysis, By Sales Channel 91

FIG NO. 43. Incremental Revenue Growth Opportunity by Sales Channel 91

FIG NO. 44. Composite Rebar Market Revenue, By Sales Channel, 2017, 2022, 2026 & 2030 92

FIG NO. 45. Global Composite Rebar Market for Direct Channel, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 93

FIG NO. 46. Global Composite Rebar Market for Distribution Channel, Volume & Revenue (Mn Meter) (USD Million) 2017 – 2030 95

FIG NO. 47. Global Composite Rebar Market Volume Share, By Region, 2022 & 2030 98

FIG NO. 48. Global Composite Rebar Market Revenue Share, By Region, 2022 & 2030 98

FIG NO. 49. Market Attractiveness Analysis, By Region 99

FIG NO. 50. Incremental Revenue Growth Opportunity by Region 99

FIG NO. 51. Composite Rebar Market Revenue, By Region, 2017, 2022, 2026 & 2030 100

FIG NO. 52. North America Composite Rebar Market Volume & Revenue, 2017 – 2022 (Mn Meter) (USD Million) 105

FIG NO. 53. Europe Composite Rebar Market Volume & Revenue, 2017 – 2022 (Mn Meter) (USD Million) 115

FIG NO. 54. Asia Pacific Composite Rebar Market Volume & Revenue, 2017 – 2022 (Mn Meter) (USD Million) 125

FIG NO. 55. Latin America Composite Rebar Market Volume & Revenue, 2017 – 2022 (Mn Meter) (USD Million) 136

FIG NO. 56. The Middle-East Composite Rebar Market Volume & Revenue, 2017 – 2022 (Mn Meter) (USD Million) 146

FIG NO. 57. Africa Composite Rebar Market Volume & Revenue, 2017 – 2022 (Mn Meter) (USD Million) 156

FIG NO. 58. Research Methodology – Detailed View 169

FIG NO. 59. Research Methodology 170

List of Tables

TABLE NO. 1. : Global Composite Rebar Market: Snapshot 31

TABLE NO. 2. : Drivers for the Composite Rebar Market: Impact Analysis 37

TABLE NO. 3. : Restraints for the Composite Rebar Market: Impact Analysis 39

TABLE NO. 4. : Global Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) 48

TABLE NO. 5. : Global Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 49

TABLE NO. 6. : Global Composite Rebar Market Volume & Revenue, By Type, 2017 – 2022 50

TABLE NO. 7. : Key Raw Materials & Suppliers 51

TABLE NO. 8. : Global GFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 66

TABLE NO. 9. : Global GFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 66

TABLE NO. 10. : Global BFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 68

TABLE NO. 11. : Global BFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 68

TABLE NO. 12. : Global CFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 70

TABLE NO. 13. : Global CFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 70

TABLE NO. 14. : Global AFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 72

TABLE NO. 15. : Global AFRP Rebar Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 72

TABLE NO. 16. : Global Others Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 74

TABLE NO. 17. : Global Others Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 74

TABLE NO. 18. : Global Bridges & Port Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 80

TABLE NO. 19. : Global Bridges & Port Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 80

TABLE NO. 20. : Global Underground Construction Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 82

TABLE NO. 21. : Global Underground Construction Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 82

TABLE NO. 22. : Global Road Building Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 84

TABLE NO. 23. : Global Road Building Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 84

TABLE NO. 24. : Global Commercial Buildings Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 86

TABLE NO. 25. : Global Commercial Buildings Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 86

TABLE NO. 26. : Global Others Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 88

TABLE NO. 27. : Global Others Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 88

TABLE NO. 28. : Global Direct Channel Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 94

TABLE NO. 29. : Global Direct Channel Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 94

TABLE NO. 30. : Global Distribution Channel Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 96

TABLE NO. 31. : Global Distribution Channel Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 96

TABLE NO. 32. : Global Composite Rebar Market Volume & Revenue, By Region, 2017 – 2022 (Mn Meter) (USD Million) 101

TABLE NO. 33. : Global Composite Rebar Market Volume & Revenue, By Region, 2023– 2030 (Mn Meter) (USD Million) 101

TABLE NO. 34. : Global Composite Rebar Market Volume & Revenue, By Type, 2017 – 2022 (Mn Meter) (USD Million) 102

TABLE NO. 35. : Global Composite Rebar Market Volume & Revenue, By Type, 2023– 2030 (Mn Meter) (USD Million) 102

TABLE NO. 36. : Global Composite Rebar Market Volume & Revenue, By Application, 2017 – 2022 (Mn Meter) (USD Million) 103

TABLE NO. 37. : Global Composite Rebar Market Volume & Revenue, By Application, 2023– 2030 (Mn Meter) (USD Million) 103

TABLE NO. 38. : Global Composite Rebar Market Volume & Revenue, By Sales Channel, 2017 – 2022 (Mn Meter) (USD Million) 104

TABLE NO. 39. : Global Composite Rebar Market Volume & Revenue, By Sales Channel, 2023– 2030 (Mn Meter) (USD Million) 104

TABLE NO. 40. : North America Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 106

TABLE NO. 41. : North America Composite Rebar Market Volume, By Country, 2023– 2030 (Mn Meter) 106

TABLE NO. 42. : North America Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 107

TABLE NO. 43. : North America Composite Rebar Market Revenue, By Country, 2023– 2030 (USD Million) 107

TABLE NO. 44. : North America Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 108

TABLE NO. 45. : North America Composite Rebar Market Volume, By Type, 2023– 2030 (Mn Meter) 108

TABLE NO. 46. : North America Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 109

TABLE NO. 47. : North America Composite Rebar Market Revenue, By Type, 2023– 2030 (USD Million) 109

TABLE NO. 48. : North America Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 110

TABLE NO. 49. : North America Composite Rebar Market Volume, By Application, 2023– 2030 (Mn Meter) 110

TABLE NO. 50. : North America Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 111

TABLE NO. 51. : North America Composite Rebar Market Revenue, By Application, 2023– 2030 (USD Million) 111

TABLE NO. 52. : North America Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 112

TABLE NO. 53. : North America Composite Rebar Market Volume, By Sales Channel, 2023– 2030 (Mn Meter) 112

TABLE NO. 54. : North America Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 113

TABLE NO. 55. : North America Composite Rebar Market Revenue, By Sales Channel, 2023– 2030 (USD Million) 113

TABLE NO. 56. : Europe Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 116

TABLE NO. 57. : Europe Composite Rebar Market Volume, By Country, 2023– 2030 (Mn Meter) 116

TABLE NO. 58. : Europe Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 117

TABLE NO. 59. : Europe Composite Rebar Market Revenue, By Country, 2023– 2030 (USD Million) 117

TABLE NO. 60. : Europe Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 118

TABLE NO. 61. : Europe Composite Rebar Market Volume, By Type, 2023– 2030 (Mn Meter) 118

TABLE NO. 62. : Europe Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 119

TABLE NO. 63. : Europe Composite Rebar Market Revenue, By Type, 2023– 2030 (USD Million) 119

TABLE NO. 64. : Europe Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 120

TABLE NO. 65. : Europe Composite Rebar Market Volume, By Application, 2023– 2030 (Mn Meter) 120

TABLE NO. 66. : Europe Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 121

TABLE NO. 67. : Europe Composite Rebar Market Revenue, By Application, 2023– 2030 (USD Million) 121

TABLE NO. 68. : Europe Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 122

TABLE NO. 69. : Europe Composite Rebar Market Volume, By Sales Channel, 2023– 2030 (Mn Meter) 122

TABLE NO. 70. : Europe Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 123

TABLE NO. 71. : Europe Composite Rebar Market Revenue, By Sales Channel, 2023– 2030 (USD Million) 123

TABLE NO. 72. : Asia Pacific Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 126

TABLE NO. 73. : Asia Pacific Composite Rebar Market Volume, By Country, 2023– 2030 (Mn Meter) 126

TABLE NO. 74. : Asia Pacific Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 127

TABLE NO. 75. : Asia Pacific Composite Rebar Market Revenue, By Country, 2023– 2030 (USD Million) 127

TABLE NO. 76. : Asia Pacific Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 129

TABLE NO. 77. : Asia Pacific Composite Rebar Market Volume, By Type, 2023– 2030 (Mn Meter) 129

TABLE NO. 78. : Asia Pacific Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 130

TABLE NO. 79. : Asia Pacific Composite Rebar Market Revenue, By Type, 2023– 2030 (USD Million) 130

TABLE NO. 80. : Asia Pacific Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 131

TABLE NO. 81. : Asia Pacific Composite Rebar Market Volume, By Application, 2023– 2030 (Mn Meter) 131

TABLE NO. 82. : Asia Pacific Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 132

TABLE NO. 83. : Asia Pacific Composite Rebar Market Revenue, By Application, 2023– 2030 (USD Million) 132

TABLE NO. 84. : Asia Pacific Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 133

TABLE NO. 85. : Asia Pacific Composite Rebar Market Volume, By Sales Channel, 2023– 2030 (Mn Meter) 133

TABLE NO. 86. : Asia Pacific Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 134

TABLE NO. 87. : Asia Pacific Composite Rebar Market Revenue, By Sales Channel, 2023– 2030 (USD Million) 134

TABLE NO. 88. : Latin America Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 137

TABLE NO. 89. : Latin America Composite Rebar Market Volume, By Country, 2023– 2030 (Mn Meter) 137

TABLE NO. 90. : Latin America Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 138

TABLE NO. 91. : Latin America Composite Rebar Market Revenue, By Country, 2023– 2030 (USD Million) 138

TABLE NO. 92. : Latin America Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 139

TABLE NO. 93. : Latin America Composite Rebar Market Volume, By Type, 2023– 2030 (Mn Meter) 139

TABLE NO. 94. : Latin America Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 140

TABLE NO. 95. : Latin America Composite Rebar Market Revenue, By Type, 2023– 2030 (USD Million) 140

TABLE NO. 96. : Latin America Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 141

TABLE NO. 97. : Latin America Composite Rebar Market Volume, By Application, 2023– 2030 (Mn Meter) 141

TABLE NO. 98. : Latin America Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 142

TABLE NO. 99. : Latin America Composite Rebar Market Revenue, By Application, 2023– 2030 (USD Million) 142

TABLE NO. 100. : Latin America Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 143

TABLE NO. 101. : Latin America Composite Rebar Market Volume, By Sales Channel, 2023– 2030 (Mn Meter) 143

TABLE NO. 102. : Latin America Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 144

TABLE NO. 103. : Latin America Composite Rebar Market Revenue, By Sales Channel, 2023– 2030 (USD Million) 144

TABLE NO. 104. : Middle East Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 147

TABLE NO. 105. : Middle East Composite Rebar Market Volume, By Country, 2023– 2030 (Mn Meter) 147

TABLE NO. 106. : Middle East Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 148

TABLE NO. 107. : Middle East Composite Rebar Market Revenue, By Country, 2023– 2030 (USD Million) 148

TABLE NO. 108. : Middle East Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 149

TABLE NO. 109. : Middle East Composite Rebar Market Volume, By Type, 2023– 2030 (Mn Meter) 149

TABLE NO. 110. : Middle East Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 150

TABLE NO. 111. : Middle East Composite Rebar Market Revenue, By Type, 2023– 2030 (USD Million) 150

TABLE NO. 112. : Middle East Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 151

TABLE NO. 113. : Middle East Composite Rebar Market Volume, By Application, 2023– 2030 (Mn Meter) 151

TABLE NO. 114. : Middle East Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 152

TABLE NO. 115. : Middle East Composite Rebar Market Revenue, By Application, 2023– 2030 (USD Million) 152

TABLE NO. 116. : Middle East Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 153

TABLE NO. 117. : Middle East Composite Rebar Market Volume, By Sales Channel, 2023– 2030 (Mn Meter) 153

TABLE NO. 118. : Middle East Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 154

TABLE NO. 119. : Middle East Composite Rebar Market Revenue, By Sales Channel, 2023– 2030 (USD Million) 154

TABLE NO. 120. : Africa Composite Rebar Market Volume, By Country, 2017 – 2022 (Mn Meter) 157

TABLE NO. 121. : Africa Composite Rebar Market Volume, By Country, 2023– 2030 (Mn Meter) 157

TABLE NO. 122. : Africa Composite Rebar Market Revenue, By Country, 2017 – 2022 (USD Million) 158

TABLE NO. 123. : Africa Composite Rebar Market Revenue, By Country, 2023– 2030 (USD Million) 158

TABLE NO. 124. : Africa Composite Rebar Market Volume, By Type, 2017 – 2022 (Mn Meter) 159

TABLE NO. 125. : Africa Composite Rebar Market Volume, By Type, 2023– 2030 (Mn Meter) 159

TABLE NO. 126. : Africa Composite Rebar Market Revenue, By Type, 2017 – 2022 (USD Million) 160

TABLE NO. 127. : Africa Composite Rebar Market Revenue, By Type, 2023– 2030 (USD Million) 160

TABLE NO. 128. : Africa Composite Rebar Market Volume, By Application, 2017 – 2022 (Mn Meter) 161

TABLE NO. 129. : Africa Composite Rebar Market Volume, By Application, 2023– 2030 (Mn Meter) 161

TABLE NO. 130. : Africa Composite Rebar Market Revenue, By Application, 2017 – 2022 (USD Million) 162

TABLE NO. 131. : Africa Composite Rebar Market Revenue, By Application, 2023– 2030 (USD Million) 162

TABLE NO. 132. : Africa Composite Rebar Market Volume, By Sales Channel, 2017 – 2022 (Mn Meter) 163

TABLE NO. 133. : Africa Composite Rebar Market Volume, By Sales Channel, 2023– 2030 (Mn Meter) 163

TABLE NO. 134. : Africa Composite Rebar Market Revenue, By Sales Channel, 2017 – 2022 (USD Million) 164

TABLE NO. 135. : Africa Composite Rebar Market Revenue, By Sales Channel, 2023– 2030 (USD Million) 164

 

Frequently Asked Questions

What is Composite Rebar, and how does it differ from traditional steel rebar?

Composite Rebar, or Fiber Reinforced Polymer (FRP) rebar, is a construction material from fibers (such as glass, carbon, or basalt) embedded in a polymer matrix. It differs from traditional steel rebar as it is non-metallic, lightweight, and offers superior corrosion resistance. Unlike steel rebar, composite rebar does not rust, making it ideal for structures in corrosive environments.

What are the key applications of Composite Rebar in the construction industry?

Composite Rebar is used in various construction applications, including concrete structures like bridges, tunnels, and buildings. It is particularly valuable in projects where corrosion resistance, durability, and lightweight materials are essential. Examples include marine structures, highway overpasses, and coastal construction.

What are the primary benefits of using Composite Rebar in construction?

Composite Rebar offers several advantages, including excellent corrosion resistance, which prolongs the lifespan of structures. It’s also lightweight, making construction easier and reducing transportation costs. Additionally, it’s non-conductive, providing safety benefits in projects near electrical systems.

How does the cost of Composite Rebar compare to traditional steel rebar?

Composite Rebar typically has a higher initial cost compared to steel rebar. However, its long-term benefits, such as extended lifespan and reduced maintenance, often make it cost-effective in the long run, especially in corrosive environments where steel would require frequent replacement.

What challenges does the Composite Rebar market face regarding regulatory compliance and building standards?

One challenge is ensuring that composite rebar meets building codes and standards. Manufacturers must work closely with regulatory bodies and construction professionals to ensure compliance. This involves testing, certification, and education about the proper use of composite rebar.

What regions are experiencing the most significant growth in the Composite Rebar market?

Currently, Europe has a substantial share of the Composite Rebar market. However, the Asia Pacific region is witnessing rapid growth due to increased infrastructure development, making it a promising market. North America is also experiencing significant growth, driven by the demand for corrosion-resistant materials.

Is Composite Rebar suitable for use in green and sustainable building projects?

Yes, Composite Rebar aligns well with green and sustainable building practices. Its corrosion resistance means structures require fewer repairs and replacements, reducing resource consumption. Additionally, its lightweight nature can lead to lower transportation emissions.

What are some innovative applications of Composite Rebar in construction projects?

Innovative applications include using composite rebar to construct lightweight and durable pedestrian bridges, reinforcement in earthquake-prone regions, and projects near coastal areas where traditional steel would rust quickly.

How do manufacturers ensure the quality and durability of Composite Rebar products?

Manufacturers follow stringent quality control processes, including material testing, production monitoring, and adherence to industry standards. Independent testing and certification organizations play a crucial role in verifying the quality and durability of composite rebar products.

What are the long-term prospects and growth opportunities for the Composite Rebar market?

The long-term prospects for the Composite Rebar market are positive. It is expected to grow due to its corrosion resistance, sustainability benefits, and increased infrastructure projects worldwide. Market players should address cost concerns and expand into regions with significant growth potential, such as the Asia Pacific.

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