The report on the Composite Rebar Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2022-2027. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

The composite rebar market is likely to rebound at a promising CAGR of 5.4% during the forecast period.

As a result, composite rebar, a sizeable market, could not escape a significant decline during the pandemic. However, the industry is gradually rebounding in the year 2021 with rise in new transportation construction and growing commercial and residential construction. Furthermore, growing acceptance and increasing R&D activities for FRP (Fiber-Reinforced Plastic) rebars are likely to give a rise to composite rebar demand.

The market's growth is influenced by a number of factors that have a significant or indirect impact on demand. An overview of such factors can be found in our report, which is derived utilizing SWOT analysis, industry life cycle, and supply chain analysis. Such key information can help market participants and investors identify the low-hanging fruits in the market and establish strategic initiatives to accelerate their growth.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all the industries, little or large, dealing in any sector.

The growth curves of Composite Rebar market have witnessed enormous ebb and flows in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2021 is probably going to be superior to 2020 for the Composite Rebar market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

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The Cornerstones in the market-

Listed below are the top key players that dominate the Composite Rebar market –

• Owens Corning
• FireP International
• Pultron Composites
• Schoeck
• Mateenbar Limited

Composite Rebar Market Segmentation:

The report segments based upon demographics, geographics, benefits and volume etc, has different leading factors and identifies the most-attractive segments and sub-segments. The market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns that leads a roadmap to success.

The Composite Rebar Market is segmented into the following categories.

By Product Type

The composite rebar market is segmented as GFRP rebar (Glass Fiber-Reinforced Polymer), CFRP rebar (Carbon Fiber-Reinforced Plastic), and BFRP rebar (Basalt Fiber-Reinforced Polymer). Among these, GFRP rebars are expected to remain the most sought-after product type in the composite rebar market during the forecast period owing to their increasing demand in roads, bridges, tunnels, MRI rooms, marine structures, and water fronts. 

By End-Use Type

The market is segmented as construction, electrical isolation, industrial, marine, and others. Construction is expected to remain the dominant as well as the fastest-growing segment of the market during the forecast period. The demand for composite rebars in the construction industry is being driven by increasing investments in infrastructure development, including bridges, buildings, highways, water distribution systems, and other facilities.

Regional Analysis

North America is expected to remain the largest region in the market for composite rebars during the forecast period. The region is witnessing high growth in the construction industry with the replacement of existing infrastructure and the development of new ones. As a result, the region serves as the growth engine for the industry. Asia-Pacific and Europe are also likely to generate sizeable opportunities in the coming five years.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

• Company Profiling
• Detailed profiling of key market players (up to 3 players)
• SWOT analysis of key market players (up to 3 players)

To identify the key trends, or to get a customised report related to the study, connect with our sales team at:

Stratview Research |email: [email protected] | Direct: +1-313-307-4176

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