Glass Fiber Reinforced Polymer Rebar Market Report 2025 (Global Edition)

Global Glass Fiber Reinforced Polymer Rebar Market Report 2025 Market Size Split by Type (Less than 10 mm DR, 10-20 mm DR, More than 20 mm DR), by Application (Seawalls, Dams, Power Plants, Bridge Dec...

Glass Fiber Reinforced Polymer Rebar Market Report Description

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Glass Fiber Reinforced Polymer Rebar Market Insights Video

Competitive Landscape of the Glass Fiber Reinforced Polymer Rebar Market

In order to gain a competitive advantage and seize a substantial portion of the market, the major competitors adapt quickly and adopt new tactics. The main players in the Glass Fiber Reinforced Polymer Rebar market place a strong emphasis on growing their innovative product lines in order to cater to a wide customer base and obtain a competitive edge.

• December 2019, Saudi Aramco, the world's largest oil company, and Pultron Composites signed a memorandum of understanding. 10% of Saudi Aramco's total steel requirement can be replaced by GFRP rebar, per an internal analysis conducted by the company.

(Source:www.scoop.co.nz/stories/BU1912/S00035/pultron-composites-signs-mou-with-oil-giant-saudi-aramco.htm)

Top Companies Market Share in Glass Fiber Reinforced Polymer Rebar Industry: (In no particular order of Rank)

• Firep Inc.
• Schoeck International
• Fibrolux Gmbh
• A.T.P Srl Bp Composites Ltd.
• Sireg Spa
• Pultrall Inc.
• Kodiac Fiberglass Rebar Llc
• Hughes Brothers
• Al-Arfaj Group
• Pultron Composites
• Stromberg
• International Grating Inc.
• Dextra Group
• Design Concrete Systems Limited
• Armastek
• Marshall Composite Technologies Llc
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

North America dominated the market in 2023 and accounted for around 40% of the global revenue

As per Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue; the growing acceptance of GFRP rebars is attributed to the region's focus on environmentally friendly infrastructure as well as its benefits, which include corrosion resistance and lightweight construction. North America is a major factor driving the growth of the GFRP Rebar market because longevity and resilience are prioritized in construction projects.

Europe is the fastest-growing category. GFRP rebars offer durability and corrosion resistance, which are characteristics that are in line with the region's commitment to sustainable construction techniques. Europe's focus on resilience and environmental issues makes it a prominent driver in the growing GFRP Rebar market as the building sector looks for creative solutions.

The current report Scope analyzes Glass Fiber Reinforced Polymer Rebar Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Glass Fiber Reinforced Polymer Rebar Market

According to Cognitive Market Research, the global market for Glass Fiber Reinforced Polymer Rebar to be worth USD 201.5 billion, with North America accounting for the majority of this revenue, with a market size of USD 80.60 billion in 2023. From 2023 to 2030, the market is expected to grow at a CAGR of 11.5% and accounting for over 40%. North America is a market leader for Glass Fiber Reinforced Polymer (GFRP) Rebar because of its strong overview and emphasis on durable and sustainable building techniques. The benefits of GFRP rebars, namely their resistance to corrosion and lightweight design, are being recognized by the region's building industry on a growing basis. The increasing usage of GFRP rebars in important infrastructure projects, where the material's endurance and durability are crucial, is a significant component of this rise. In conclusion, North America is positioned as a key player in the growing GFRP Rebar market, reflecting a growing preference for durable and environmentally conscious construction solutions. This is due to the region's dedication to innovation and sustainability, as well as the unique qualities of GFRP rebars.

Europe Glass Fiber Reinforced Polymer Rebar Market

According to Cognitive Market Research, the global market for Glass Fiber Reinforced Polymer Rebar to be worth USD 201.5 billion in 2023, with a projected market value of USD 60.45 billion. The market is expected to increase at a CAGR of 11.8% from 2023 to 2030. Europe accounted for the majority of global revenue, accounting for over 30% of the total; Europe is a major player in the growing market for Glass Fiber Reinforced Polymer (GFRP) Rebar, which is characterized by a broad perspective that emphasizes environmentally friendly building techniques. The benefits of GFRP rebars, which are renowned for their durability and resistance to corrosion, are being recognized by the region's building industry more and more. The increased use of GFRP rebars in infrastructure projects, where their ability to withstand extreme weather conditions is crucial, is a major factor propelling this rise. In conclusion, Europe is positioned as a key player in the global industry, demonstrating a growing preference for durable and environmentally friendly construction solutions. This is due to the region's dedication to innovative construction techniques and the unique characteristics of GFRP rebars.

Asia Pacific Glass Fiber Reinforced Polymer Rebar Market

According to Cognitive Market Research, the global market for Glass Fiber Reinforced Polymer Rebar to be worth USD 201.5 billion and Asia Pacific to be worth USD 44.33 billion in 2023, holding a significant market share and contributing over 22% of the global revenue. The market is expected to grow at a CAGR of 15.0% from 2023 to 2030. Asia Pacific is driving ahead the Glass Fiber Reinforced Polymer (GFRP) Rebar market. It is expected to be a dynamic force due to its robust construction activities and extensive overview. Asia Pacific's construction sector is becoming more aware of the benefits of glass fiber reinforced polymer (GFRP) rebars, such as their resilience to corrosion and lightweight nature. The increasing application of GFRP rebars in large-scale infrastructure projects, where their durability and versatility are essential, is a major factor contributing to this increase. In conclusion, the distinctive qualities of GFRP rebars, together with Asia Pacific's fast urbanization and emphasis on creative construction solutions, establish the area as a key participant in the global industry, demonstrating a rising desire for durable and effective building materials.

South America Glass Fiber Reinforced Polymer Rebar Market

According to Cognitive Market Research, the global market for Glass Fiber Reinforced Polymer Rebar to be worth USD 201.5 billion and Latin America to be worth USD 10.08 billion in 2023, holding a significant market share and contributing over 5% of the global revenue. The market is expected to grow at a CAGR of 13.1% from 2023 to 2030. The Glass Fiber Reinforced Polymer (GFRP) Rebar market is growing rapidly, and Latin America plays a major role in it. This is evident from a thorough analysis of the region's changing building environment. The advantages of GFRP rebars, such as their longevity and resistance to corrosion, are being recognized by the Latin American construction sector more and more. The increasing use of GFRP rebars in infrastructure projects, especially those that need to be resilient in a variety of environmental conditions, is a major factor driving this rise. In conclusion, the region is positioned as a key player in the growing market due to its dedication to contemporary construction methods and the unique characteristics of GFRP rebars. This suggests that consumers in the region are becoming more and more interested in long-lasting and creative construction solutions for a variety of applications.

Middle East and Africa Glass Fiber Reinforced Polymer Rebar Market

According to Cognitive Market Research, the market for Glass Fiber Reinforced Polymer Rebar to be worth USD 201.5 billion globally in 2023. Of this, the Middle East and Africa accounted for over 3% of global revenue in 2023. The market is expected to grow at a CAGR of 13.2% from 2023 to 2030. The Middle East and Africa area is a major driver of the Glass Fiber Reinforced Polymer (GFRP) Rebar market due to its extensive coverage of the region's thriving building industry. Due to GFRP rebars' resilience to corrosion and endurance in challenging environments, the Middle East and Africa's construction industry is coming to understand its benefits. The widespread usage of GFRP rebars in major infrastructure projects, especially those needing structural resistance, is a significant factor driving this expansion. In conclusion, the unique qualities of GFRP rebars combined with the Middle East and Africa's dedication to innovative construction methods establish the region as a major player in the growing market, reflecting a growing desire for durable and innovative construction solutions for a variety of applications.

Glass Fiber Reinforced Polymer Rebar Market Analysis

Glass Fiber Reinforced Polymer Rebar Type Segment Analysis

According to Cognitive Market Research, less than 10 mm DR held the major market share over the forecast period. When finer reinforcement is required in construction applications, these GFRP rebars with smaller diameters offer adaptability. Because of their high tensile strength, corrosion resistance, and lightweight design, GFRP rebars are becoming more and more popular in a variety of construction scenarios. These characteristics make them ideal for projects requiring delicate structural support.

10-20 mm DR is the fastest-growing category over the forecast period. This particular segment serves applications in construction that need medium-sized reinforcement. Within this diameter range, GFRP rebars provide a compromise between flexibility and strength. Because of their ability to withstand corrosion and their wide range of sizes, they can be used in many different types of construction projects, which helps the GFRP Rebar market to grow overall.

• Less than 10 mm DR
• 10-20 mm DR
• More than 20 mm DR

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Glass Fiber Reinforced Polymer Rebar Industry. Request a Free Sample PDF!

Glass Fiber Reinforced Polymer Rebar Application Segment Analysis

According to Cognitive Market Research, seawalls hold a prominent market share. Rust-resistant materials are necessary for seawalls since they are exposed to hostile marine environments. Because of their remarkable resistance to corrosion, GFRP rebars offer a strong and long-lasting solution. An increasing trend in coastal infrastructure projects is the use of GFRP rebars in seawalls, which is helping to expand the market overall.

Power plants are the fastest-growing category over the forecast period, as the harsh conditions seen in power generation facilities present problems that GFRP rebars can meet by providing durability and corrosion resistance. The longevity of the infrastructure in power plants is increased by their use in crucial structural components. This expanding trend is a result of the industry's realization that GFRP rebars are a dependable and durable choice for building power plants, which supports market expansion.

• Seawalls
• Dams
• Power Plants
• Bridge Decks
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
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Author's Conclusion