© 2018 Global Market Insights, Inc. USA. All Rights Reserved FRP Rebars Market 2018 to 2024, key industry players & growth trends

Global Market Scenario of FRP Rebars Industry  FRP Rebars Market share in MRI rooms sector is projected to record significant gains of more than 6.5% over the period from 2016 to Favorable features such as heat resistance, magnetic transparency, and electric resistance will boost the product demand. FRP Rebars Market  Rising end-user preference for lightweight, anti-corrosive, non-abrasive, and robust reinforcements will upswing FRP Rebars Market development. Regional governments have been spending huge capital on construction & renovation activities.  In addition, swift infrastructural developments to enhance the urban landscape and promote regional tourism will majorly boost FRP rebars industry trends. For instance, Japan invested more than USD 738 billion in construction projects in 2015, while China allotted funds of over 1.7 trillion for infrastructural growth during that year.  FRP rebars find extensive applications in MRI rooms, bridges & buildings, marine structures & waterfronts, water treatment plants, and highways. FRP rebars market size in the marine structures & waterfronts sector is predicted to grow at a cumulative rate of more than 7% over the coming timeline. © 2018 Global Market Insights, Inc. USA. All Rights Reserved

 FRP rebars industry revenue across water treatment plants sector, which was estimated at more than USD 50 million in 2015, is expected to witness a high surge over the coming years. Rise in the number of desalination plant projects and surge in the waste & water treatment plant constructions will impel the segment growth.  FRP rebars are also used in various kinds of resins such as vinyl ester and polyester resins. Vinyl ester FRP rebars market is forecast to grow at a CAGR of more than 9% over the period of , due to the outstanding corrosion resisting and thermal insulating features of the product.  Polyester resin FRP rebars industry, which collected a revenue of USD 460 million in 2015, is projected to witness a considerable development over the coming years. The business expansion can be attributed to the elevated product use as an adhesive in tarnished heritage structures along with its unique dimensional features and cost-effective nature. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved

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 Considering the geographical landscape, North America FRP rebars industry is anticipated to record a CAGR of more than 7% over the coming seven years. Escalated spending on building new structures along with beneficial legislations supporting infrastructure growth will enlarge the business scope across the region.  U.S. FRP rebars industry, which contributed USD 270 million toward North America FRP rebars industry revenue in 2015, is expected to make notable contributions toward the regional share in the future. The country had spent more than USD 1 trillion on construction ventures during ° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Competitive Analysis:  Of late, industry players are employing key business growth strategies such as product development, pricing, and strategic partnerships to increase their market share.  Fibrolux GmbH, Hughes Brothers Inc., Sireg Geotech Srl, Technobasalt Invest LLC, Marshall Composites Technologies, BP Composites Limited, Neuvokas Corporation, Pultrall Inc., and Composite Rebar Technologies Incorporation are the major participants of FRP rebars market. © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry For Purchasing This

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