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FRP Pole Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation on theme: "FRP Pole Market Report : Trends, Forecast and Competitive Analysis 1."— Presentation transcript:

1 FRP Pole Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1

2 Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Power transmission and distribution, telecommunication, lighting, and others Market Segments by Process Filament winding, pultrusion, and centrifugal casting Market Segments by Material Consumption Resin and fiber Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Valmont Industries, Petrofisa DO Brasil, Geotek Inc., Strongwell, CMT IIC, R.S. Technologies, Creative Pultrusions Inc., and Europoles GMBH Trend Growth Rate and CAGR5.7% Key Industry Forecast The FRP pole market is expected to grow at a CAGR of 5.7% from 2019 to 2024 Key Industry Driver Driver: Increasing demand for FRP poles in infrastructure projects, replacement of wooden poles, and the performance benefits of FRP poles over wood, steel, and concrete poles; these benefits include lightweight, rot and corrosion resistance, lower maintenance, and easy installation. 2

3 Industry Overview Market Size The FRP pole market is expected to grow at a CAGR of 5.7% from 2019 to 2024. Emerging trends, which has a direct impact on the dynamics of the market, includes development of modular poles. CAGR (2019-24)5.7% 3 Industry Performance : Forecast


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