North America Fiber Reinforced Polymer (FRP) Rebars Market Forecast to 2028

Report Code : TIPRE00029679 | Region : North America | Industry : Chemicals and Materials | Published Date : 26/Aug/2022
North America Fiber Reinforced Polymer (FRP) Rebars Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Resin Type (Vinyl Ester, Polyester, Epoxy, and Others), Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, and Basalt Fiber Composites), and Application (Highway Bridge and Construction, Marine Structures and Waterfronts, Water Treatment Plants, and Others)

The North America fiber reinforced polymer (FRP) rebars market is expected to grow from US$ 86.98 million in 2022 to US$ 158.56 million by 2028; it is expected to grow at a CAGR of 10.5% from 2022 to 2028.

The construction industry is always searching for better alternatives to traditionally used materials such as wood, steel, and aluminum. FRP composite material is emerging as a viable alternative for various infrastructure and building projects. FRP rebars are resistant to a wide range of chemicals and are not affected by oxidation or corrosion. For instance, fiberglass rebar can withstand harsh weather conditions, continuous rain, and water submerged conditions. FRP's durability makes it a preferred choice for many outdoor construction projects as they are easy to cut, shape, and install. Moreover, their minimal maintenance requirements lower overall construction costs.

The North America fiber reinforced polymer (FRP) rebars market is segmented into resin type, fiber type, and application. Based on application, the North America fiber reinforced polymer (FRP) rebars market is segmented into highway bridge and construction, marine structures and waterfronts, water treatment plants, and others. The highway bridge and construction segment held the largest share in the market in 2021. The increasing highway construction projects have boosted the sales of construction material in the region and created an opportunity for the North America fiber reinforced polymer (FRP) rebars market. Many more advanced North American countries rely on green construction methods to save resources and provide buildings with long service life. Thus, FRP rebars are becoming increasingly popular in constructing infrastructure, large structures, and commercial buildings.

Based on country, the North America fiber reinforced polymer (FRP) rebars market is segmented into the US, Canada, and Mexico. In 2021, the US held the largest revenue share of the market. The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded the grant of US$ 12.6 million to 9 marine highway projects across the US under America’s Marine Highway Program (AMHP). FRP rebars are widely used in marine structures and waterfronts. Such government initiatives to develop infrastructure led to the dominance of the North America fiber reinforced polymer (FRP) rebars market.

Owens Corning; KODIAC Fiberglass Rebar; MARSHALL COMPOSITE TECHNOLOGIES, LLC; TUF-BAR; Armastek USA; Pultron Composites; FiRep Inc.; PULTRALL, Inc.; Schock Bauteile GmbH; and Dextra Group are a few of the major players operating in the North America fiber reinforced polymer (FRP) rebars market. Players are adopting different strategies, such as investments in research and development activities and new product launches, to stand out as strong competitors in the North America fiber reinforced polymer (FRP) rebars market. Market players are highly focused on the development of high-quality and innovative product offerings to fulfill the customer’s requirements.

The overall North America fiber reinforced polymer (FRP) rebars market has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the North America fiber reinforced polymer (FRP) rebars market.

List of Companies:

• Owens Corning

• KODIAC Fiberglass Rebar

• MARSHALL COMPOSITE TECHNOLOGIES, LLC.

• TUF-BAR

• Armastek USA

• Pultron Composites

• FiRep Inc.

• PULTRALL, Inc.

• Schock Bauteile GmbH

• Dextra Group

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection

3.2.2 Primary Interviews

3.2.3 Hypothesis Formulation

3.2.4 Macro-economic Factor Analysis

3.2.5 Developing Base Number

3.2.6 Data Triangulation

3.2.7 Country Level Data

4. North America Fiber Reinforced Polymer (FRP) Rebars Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

4.4 Ecosystem Analysis

4.5 List of Potential Customers

5. North America Fiber Reinforced Polymer (FRP) Rebars Market — Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Application of FRP Rebars in Construction

5.1.2 Increasing Demand for Lightweight, High Strength, and Non-Corrosive Rebars

5.2 Market Restraints

5.2.1 Durability Issues in FRP Rebars

5.3 Market Opportunities

5.3.1 Rising Adoption of FRP Rebars in Water Treatment Plants

5.4 Future Trends

5.4.1 Strategic Development Initiatives by Manufacturers

5.5 Impact Analysis of Drivers and Restraint

6. North America Fiber Reinforced Polymer (FRP) Rebars Market – Global Market Analysis

6.1 North America Fiber Reinforced Polymer (FRP) Rebars Market Overview

6.2 North America Fiber Reinforced Polymer (FRP) Rebars Market –Revenue and Forecast to 2028

6.3 Competitive Positioning – Key Market Players

7. North America Fiber Reinforced Polymer (FRP) Rebars Market Analysis – By Resin Type

7.1 Overview

7.2 North America Fiber Reinforced Polymer (FRP) Rebars Market, By Resin Type (2021 and 2028)

7.3 Vinyl Ester

7.3.1 Overview

7.3.2 Vinyl Ester: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

7.3.3 Vinyl Ester: North America Fiber Reinforced Polymer (FRP) Rebars Market – Volume and Forecast to 2028 (Tonnes)

7.4 Polyester

7.4.1 Overview

7.4.2 Polyester: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

7.4.3 Polyester: North America Fiber Reinforced Polymer (FRP) Rebars Market – Volume and Forecast to 2028 (Tonnes)

7.5 Epoxy

7.5.1 Overview

7.5.2 Epoxy: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

7.5.3 Epoxy: North America Fiber Reinforced Polymer (FRP) Rebars Market – Volume and Forecast to 2028 (Tonnes)

7.6 Others

7.6.1 Overview

7.6.2 Others: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

7.6.3 Others: North America Fiber Reinforced Polymer (FRP) Rebars Market – Volume and Forecast to 2028 (Tonnes)

8. North America Fiber Reinforced Polymer (FRP) Rebars Market Analysis – Fiber Type

8.1 Overview

8.2 North America Fiber Reinforced Polymer (FRP) Rebars Market, By Fiber Type (2021 and 2028)

8.3 Glass Fiber Composite

8.3.1 Overview

8.3.2 Glass Fiber Composite: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Carbon Fiber Composite

8.4.1 Overview

8.4.2 Carbon Fiber Composite: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

8.4.3 Basalt Fiber Composite

8.4.3.1 Overview

8.4.3.2 Basalt Fiber Composite: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Fiber Reinforced Polymer (FRP) Rebars Market Analysis – Application

9.1 Overview

9.2 North America Fiber Reinforced Polymer (FRP) Rebars Market, By Application (2021 and 2028)

9.3 Highway Bridge and Construction

9.3.1 Overview

9.3.2 Highway Bridge and Construction: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Marine Structures and Waterfronts

9.4.1 Overview

9.4.2 Marine Structures and Waterfronts: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Water Treatment Plants

9.5.1 Overview

9.5.2 Water Treatment Plants: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: North America Fiber Reinforced Polymer (FRP) Rebars Market – Revenue and Forecast to 2028 (US$ Million)

10. North America Fiber Reinforced Polymer (FRP) Rebars Market – Geographical Analysis

10.1 North America: North America Fiber Reinforced Polymer (FRP) Rebars Market

10.1.1 North America: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Key Country

10.1.1.1 US: North America Fiber Reinforced Polymer (FRP) Rebars Market –Volume and Forecast to 2028 (Tonnes)

10.1.1.2 US: North America Fiber Reinforced Polymer (FRP) Rebars Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 US: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type

10.1.1.2.2 US: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type

10.1.1.2.3 US: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Fiber Type

10.1.1.2.4 US: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Application

10.1.1.3 Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market–Volume and Forecast to 2028 (Tonnes)

10.1.1.4 Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market–Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type

10.1.1.4.2 Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type

10.1.1.4.3 Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Fiber Type

10.1.1.4.4 Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Application

10.1.1.5 Mexico: North America Fiber Reinforced Polymer (FRP) Rebars Market–Volume and Forecast to 2028 (Tonnes)

10.1.1.6 Mexico: North America Fiber Reinforced Polymer (FRP) Rebars Market–Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Mexico: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type

10.1.1.6.2 Mexico: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type

10.1.1.6.3 Mexico: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Fiber Type

10.1.1.6.4 Mexico: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Application

11. Impact of COVID-19 Pandemic on North America FRP Rebars Market

11.1 Impact of COVID-19 on North America FRP Rebars Market

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

12.4 Partnership Strategy

13. Company Profiles

13.1 Owens Corning

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 KODIAC Fiberglass Rebar

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 MARSHALL COMPOSITE TECHNOLOGIES, LLC.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 TUF-BAR

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Armastek USA

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Pultron Composites

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 FiRep Inc.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 PULTRALL, Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Schock Bauteile GmbH

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Dextra Group

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Development

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES.

Table 1. List of Potential Customers

Table 2. North America Fiber Reinforced Polymer (FRP) Rebars Market –Revenue and Forecast to 2028 (US$ Million)

Table 3. North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type– Revenue and Forecast to 2028 (US$ Million)

Table 4. North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type– Volume and Forecast to 2028 (Tonnes)

Table 5. North America Fiber Reinforced Polymer (FRP) Rebars Market, by Fiber Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. North America Fiber Reinforced Polymer (FRP) Rebars Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 7. US North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type – Volume and Forecast to 2028 (Tonnes)

Table 8. US North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. US North America Fiber Reinforced Polymer (FRP) Rebars Market, by Fiber Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. US North America Fiber Reinforced Polymer (FRP) Rebars Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type – Volume and Forecast to 2028 (Tonnes)

Table 12. Canada: North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Canada North America Fiber Reinforced Polymer (FRP) Rebars Market, by Fiber Type - Revenue and Forecast to 2028 (US$ Million)

Table 14. Canada North America Fiber Reinforced Polymer (FRP) Rebars Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 15. Mexico North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type – Volume and Forecast to 2028 (Tonnes)

Table 16. Mexico North America Fiber Reinforced Polymer (FRP) Rebars Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)

Table 17. Mexico North America Fiber Reinforced Polymer (FRP) Rebars Market, by Fiber Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. Mexico North America Fiber Reinforced Polymer (FRP) Rebars Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 19. Glossary of Terms, North America Fiber Reinforced Polymer (FRP) Rebars Market

List of Companies:

• Owens Corning

• KODIAC Fiberglass Rebar

• MARSHALL COMPOSITE TECHNOLOGIES, LLC.

• TUF-BAR

• Armastek USA

• Pultron Composites

• FiRep Inc.

• PULTRALL, Inc.

• Schock Bauteile GmbH

• Dextra Group

Reason To Buy

● Progressive industry trends in the North America fiber reinforced polymer (FRP) rebars market to help players develop effective long-term strategies

● Business growth strategies adopted by developed and developing markets

● Quantitative analysis of the North America fiber reinforced polymer (FRP) rebars market from 2021 to 2028

● Estimation of the demand for North America fiber reinforced polymer (FRP) rebars across various industries

● Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth

● Recent developments to understand the competitive market scenario and the demand for North America fiber reinforced polymer (FRP) rebars compounds in the global scenario.

● Market trends and outlook coupled with factors driving and restraining the growth of the North America fiber reinforced polymer (FRP) rebars market.

● Decision-making process by understanding strategies that underpin commercial interest concerning the North America fiber reinforced polymer (FRP) rebars market growth

● The North America fiber reinforced polymer (FRP) rebars market size at various nodes of market

● Detailed overview and segmentation of the North America fiber reinforced polymer (FRP) rebars market as well as its dynamics in the industry

● The North America fiber reinforced polymer (FRP) rebars market size in different regions with promising growth opportunities

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