GFRP Rebar Research:CAGR of 11.5% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "GFRP Rebars- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for GFRP Rebars was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.



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https://www.qyresearch.com/reports/2573638/gfrp-rebars





GFRP Rebar Market Summary

GFRP steel bar material, also known as glass fiber bars, are a new type of composite material product. It is composed of glass fiber yarn, resin and curing agent in a certain proportion through high-temperature pultrusion and winding. As a high-performance new structural material, it is widely used in subway tunnels (shields), highways, bridges, airports, docks, stations, water conservancy projects, underground engineering and other fields, and can be adapted to sewage treatment plants, chemical plants, electrolysis Corrosive environments such as troughs, manhole covers, and coastal defense projects.

In the basic composition of GFRP steel bars, high-performance glass fiber is a reinforcing material with high tensile strength. It is the main provider of composite material strength and mainly plays a load-bearing role. As a matrix material, synthetic resin has the function of bonding and transmitting shear force, and its physical properties can affect the physical properties of fiber-reinforced materials.

According to the new market research report "Global GFRP Rebar Market Report 2023-2029", published by QYResearch, the global GFRP Rebar market size is projected to grow from USD 450 million in 2023 to USD 943 million by 2029, at a CAGR of 11.5% during the forecast period.

Global GFRP Rebar MarketSize(US$ Million), 2018-2029
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Above data is based on report from QYResearch: Global GFRP Rebar Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.



Global GFRP Rebar Top19Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
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Above data is based on report from QYResearch: Global GFRP Rebar Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

This report profiles key players of GFRP Rebar such as Mateenbar Limited, MRG Composites

In 2022, the global top five GFRP Rebar players account for 56% of market share in terms of revenue. Above figure shows the key players ranked by revenue in GFRP Rebar.



GFRP Rebar,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global GFRP Rebar Market Report 2023-2029.

In terms of product type, Smooth GRB Rebar is the largest segment, hold a share of 52%.

In terms of product application, Airport is the largest application, hold a share of 20%.



Market Drivers:

Technological progress and R&D innovation. With the advancement of science and technology, remarkable results have been achieved in the production technology and performance optimization of GFRP steel bars. In the future, with the continuous development and innovation of technology, the performance of GFRP steel bars will be further improved and the cost will be gradually reduced, providing the possibility for its application in a wider range of fields.
Policy support and market promotion. The government has continued to increase its support for green buildings, environmentally friendly materials and other fields, and has introduced a series of relevant policies to promote the development of the industry. At the same time, as the market's awareness of GFRP steel bars continues to increase, its market demand will also continue to grow.
Excellent performance. GFRP steel bar materials have excellent mechanical properties and corrosion resistance. GFRP steel bar materials have the characteristics of high load-bearing capacity, strong tensile strength and stable elastic modulus, and have become an ideal substitute in concrete structures. GFRP steel bar materials are not corroded by chloride ions and other chemical elements and are suitable for use in humid or corrosive environments such as water conservancy, bridges, docks and tunnels. This characteristic makes GFRP steel bars have broad application prospects in environments prone to corrosion such as coastal projects and underground facilities.
Restraint:

The cost problem is relatively high. Compared with traditional steel bars, the production cost of GFRP steel bars may be higher. This is mainly due to its complex production process and special material requirements. Although its corrosion resistance and long life may reduce maintenance costs in the long term, the higher initial investment is still a factor hindering its widespread use.
There are construction difficulties. The construction technology and experience requirements for GFRP steel bars are relatively high. Due to the differences in physical properties and construction methods between them and traditional steel bars, construction personnel need to receive special training to master their correct installation and use methods. This increases construction difficulty and cost to a certain extent.
Opportunity:

Improvement of building safety and functional requirements. As urbanization continues to deepen, the requirements for building safety, durability and functionality are also increasing. GFRP steel bars have excellent corrosion resistance, low temperature resistance, high strength and other properties, and can meet the high material performance requirements of modern buildings. Especially in some special environments such as oceans, chemical industries and other highly corrosive places, the application advantages of GFRP steel bars are more prominent.
Growing demand for green building materials. In the context of the global advocacy of green, environmental protection and low carbon, the construction industry has an increasing demand for green building materials. As an environmentally friendly material, the production process of GFRP steel bars causes less environmental pollution and can reduce maintenance costs during use, which is in line with the development trend of green buildings.




The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The GFRP Rebars market is segmented as below:

By Company

Hughes Brothers Inc
Marshall Composites Systems
BP Composites Ltd
Schock international
Pultrall Inc.
Neuvokas Corp
Composite Rebar Technologies (CRT)
Technobasalt Invest LLC
Sireg Geotech Srl
Fibrolux GmbH
Armastek
Dextra Group



Segment by Type

Smooth GFRB Rebars
Sand Coated GFRP Rebars



Segment by Application

Water Treatment Plants
Highways
Bridges & Buildings
Marine Structures & Waterfronts
Others



Each chapter of the report provides detailed information for readers to further understand the GFRP Rebars market:

Chapter 1: Introduces the report scope of the GFRP Rebars report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of GFRP Rebars manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various GFRP Rebars market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of GFRP Rebars in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of GFRP Rebars in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth GFRP Rebars competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides GFRP Rebars comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides GFRP Rebars market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global GFRP Rebars Market Insights, Forecast to 2030
Global GFRP Rebars Market Research Report 2024
Global GFRP Rebar Material Market Insights, Forecast to 2030
GFRP Rebar Material - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global GFRP Rebar Material Market Research Report 2024
Global Glass Fiber Reinforced Plastic (GFRP) Rebar Market Insights, Forecast to 2030
Global Glass Fiber Reinforced Polymer (GFRP) Rebar Market Research Report 2024
Global Glass Fiber Reinforced Plastic (GFRP) Rebar Market Research Report 2024
Global Glass Fiber Reinforced Plastic (GFRP) Rebars Market Insights, Forecast to 2030
Glass Fiber Reinforced Plastic (GFRP) Rebars - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Glass Fiber Reinforced Plastic (GFRP) Rebars Market Research Report 2024
GFRP Rebars - Global Market Insights and Sales Trends 2024
Global GFRP Rebars Market Research Report 2023
Global GFRP Rebars Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global GFRP Rebars Market Insights, Forecast to 2029
Global GFRP Rebars Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global GFRP Rebar Material Market Research Report 2023
Global and United States GFRP Rebar Material Market Report & Forecast 2023-2029
Glass Fiber Reinforced Polymer (GFRP) Rebar - Global Market Insights and Sales Trends 2024
Glass Fiber Reinforced Plastic (GFRP) Rebar - Global Market Insights and Sales Trends 2024

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