Global Fiber Reinforced Polymer (Frp) Rebars Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Resin;

Polyester and Vinyl ester.

By Product;

Glass Fiber composites, Aramid Fiber composites, Basalt Fiber Composites, and Carbon Fiber composites.

By Application;

Marine Structures & Waterfronts, Highways, Bridges & Buildings, Water Treatments Plants, MRI Rooms, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn603996656 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Fiber Reinforced Polymer (Frp) Rebars Market (USD Million), 2021 - 2031

In the year 2024, the Global Fiber Reinforced Concrete (Frc) Market was valued at USD 790.37 million. The size of this market is expected to increase to USD 1,390.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.

The global fiber reinforced polymer (FRP) rebars market is a dynamic and rapidly evolving sector, driven by the increasing demand for lightweight, durable, and high-strength materials in construction and infrastructure projects. FRP rebars, made from a polymer matrix reinforced with fibers such as glass, carbon, or aramid, offer superior mechanical properties compared to traditional steel rebars. These composites are highly resistant to corrosion, have a high strength-to-weight ratio, and provide long-term durability, making them ideal for use in harsh environments and critical infrastructure.

In the construction industry, FRP rebars are gaining popularity for their ability to enhance the structural integrity and longevity of buildings, bridges, and other infrastructure. They are particularly beneficial in environments where corrosion of steel rebars is a significant concern, such as marine and coastal areas, chemical plants, and wastewater treatment facilities. The use of FRP rebars can significantly reduce maintenance costs and extend the service life of structures, making them a cost-effective and sustainable alternative to traditional materials.

The FRP rebars market is also witnessing substantial growth due to increasing investments in infrastructure modernization and development projects across the globe. Governments and private sectors are focusing on building resilient and sustainable infrastructure to meet the demands of growing populations and urbanization. Additionally, the push for eco-friendly and sustainable construction materials aligns with the global trend of reducing carbon footprints and promoting environmental sustainability. As technological advancements continue to improve

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Resin
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Fiber Reinforced Polymer (Frp) Rebars Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Modernization Projects
        2. Corrosion Resistance Demand
        3. Lightweight Construction Materials
        4. Growing Construction Activities
        5. Environmental Sustainability Focus
      2. Restraints
        1. High Initial Costs
        2. Limited Awareness Levels
        3. Complex Manufacturing Process
        4. Raw Material Availability
        5. Recycling Infrastructure Gaps
      3. Opportunities
        1. Emerging Construction Technologies
        2. Renewable Energy Projects
        3. Innovative Material Development
        4. Expanding Aerospace Sector
        5. Government Support Programs
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fiber Reinforced Polymer (Frp) Rebars Market, By Resin, 2021 - 2031 (USD Million)
      1. Polyester
      2. Vinyl ester.
    2. Global Fiber Reinforced Polymer (Frp) Rebars Market, By Product, 2021 - 2031 (USD Million)
      1. Glass fiber composites
      2. Aramid fiber composites
      3. Basalt fiber composites
      4. Carbon fiber composites.
    3. Global Fiber Reinforced Polymer (Frp) Rebars Market, By Application, 2021 - 2031 (USD Million)
      1. Marine structures & waterfronts
      2. Highways
      3. bridges & buildings
      4. Water treatments plants
      5. MRI Rooms
      6. Others.
    4. Global Fiber Reinforced Polymer (Frp) Rebars Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sika AG
      2. Hansen Group
      3. Aslan FRP
      4. Hughes Brothers Inc.
      5. Pultron Composites
      6. Karamtara
      7. Armastek
      8. BASF SE
      9. Composite Rebar Technologies
      10. Schöck Bauteile
  7. Analyst Views
  8. Future Outlook of the Market