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FRP Rebars Market Worth $222.40 Million by 2019


News provided by

MarketsandMarkets

04 Sep, 2014, 15:00 GMT

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DALLAS, September 4, 2014 /PRNewswire/ --

According to the new research report "FRP Rebars Market in the Construction Industry, By Type (GFRP & BFRP), By Construction Application (roads, bridges & tunnels, electrical isolation, marine structures & waterfronts, water treatment plants, MRI rooms & others) & By Region - Global Trends & Forecast to 2019" published by MarketsandMarkets, defines and segments the global FRP rebars market in the construction industry with an analysis and forecast by value.

Browse 83 Market Data Tables and 114 Figures spread through 223 Slides and in-depth TOC on "FRP Rebars Market - Global Trends & Forecast to 2019".

http://www.marketsandmarkets.com/Market-Reports/frp-rebars-market-77486355.html

Early buyers will receive 10% customization on this report. 

"North America and The Middle East are the key markets for FRP Rebars" 

North America and Europe dominates the global FRP rebars market and accounts for majority of the market in 2013. The largest consumer of FRP rebars within North America and globally is Canada and this market is driven by roads, bridges & tunnels, MRI rooms, marine structures & water fronts, and electrical isolation sectors. The research & development of high performance FRP rebars products is led by North American and European countries, to be used in different applications. In Europe, Germany, the U.K., The Netherlands, Italy, and France are the key markets for FRP rebars and constitute majority of the market size. The Middle East is the fastest growing region for FRP rebars, globally. The fastest growing markets for FRP rebars, globally, are Qatar and Saudi Arabia and have enormous potential. The usage of FRP rebars have increased owing to the huge expenditure on urban development in Qatar, Saudi Arabia, and other GCC countries, thus driving the FRP rebars market in these regions.

Roads, bridges & tunnels, electrical isolation, and marine structures & water fronts are the topmost segment by value in the FRP rebars market in construction industry.

Inquiry Before Buying:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=77486355

The largest share of 78%, by value, is occupied by the roads, bridges & tunnels segment in the FRP rebars market in 2013. Water treatment plants and electrical isolation segments are expected to grow the fastest in the near future. The growth of this market in roads, bridges & tunnels, electrical isolation, marine structures & water fronts, water treatment plants, MRI rooms, and other segments is driven by properties of FRP rebars such as high strength, lightweight, non]magnetic & non]corrosive properties, and good fatigue endurance. The factors responsible for the growing demand of FRP rebars industry are the growth in global construction spending, growing acceptance of FRP rebars, and initiatives for research & development for FRP rebar products. The enormous potential in the Asian countries, particularly China and India, is likely to foster further growth of the FRP rebars market.

Browse Related Reports: 

GFRP Composites Market by Raw Material, Manufacturing Process, Application (Transportation, Construction, Electrical & Electronics, & Others) & by Geography - Global Trends & Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/glass-fiber-reinforced-plastic-composites-market-142751329.html

Carbon Fiber Market by Types, Applications, Trends & Global Forecasts (2011 - 2016)

http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan
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17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

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