Global FRP Rebar Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Resin Type;

Vinyl ester, Polyester, and Others.

By Fiber Type;

Glass Fiber, Carbon Fiber, and Basalt Fiber.

By Application;

Highways, bridges, & buildings, Water Treatment Plants, Marine Structures & Waterfronts, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn156581568 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global FRP Rebar Market (USD Million), 2021 - 2031

In the year 2024, the Global FRP Rebar Market was valued at USD 338.86 million. The size of this market is expected to increase to USD 730.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.

The global FRP (Fiber-Reinforced Polymer) rebar market is experiencing notable growth due to the increasing demand for durable and high-performance construction materials. FRP rebars, which are composed of composite fibers and polymers, offer significant advantages over traditional steel rebar, including resistance to corrosion, lightweight properties, and high strength-to-weight ratios. This has positioned them as a valuable alternative in various construction applications, particularly in environments where corrosion resistance is critical.

One of the key drivers of the FRP rebar market is the expanding infrastructure development across emerging economies. As urbanization accelerates and new infrastructure projects are initiated worldwide, the need for robust and long-lasting construction materials becomes more pronounced. FRP rebars are increasingly being used in bridge construction, marine structures, and high-rise buildings, where their superior durability can enhance the lifespan and safety of these structures.

Technological advancements and innovations in FRP rebar manufacturing are also contributing to market growth. Enhanced production techniques and the development of new composite materials have improved the performance characteristics of FRP rebars, making them more competitive with traditional steel options. Additionally, the growing awareness of the benefits of FRP rebars among architects, engineers, and construction professionals is further propelling market expansion.

Despite these growth prospects, the FRP rebar market faces challenges such as higher initial costs compared to steel rebars and limited adoption in certain regions. However, ongoing research and development efforts are focused on addressing these barriers, potentially paving the way for broader adoption and further market growth. Overall, the global FRP rebar market is poised for significant advancement as the construction industry increasingly recognizes the advantages of this innovative material.

  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 Type
    2. Market Snapshot, By Fiber Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global FRP Rebar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Construction Activities
        2. Demand for Corrosion Resistance
        3. Lightweight Material Advantages
        4. Cost-Effective Reinforcement Solution
      2. Restraints
        1. High Initial Costs
        2. Limited Awareness
        3. Competition from Traditional Materials
        4. Performance under Extreme Conditions
      3. Opportunities
        1. Infrastructure Upgrades
        2. Growing Urbanization
        3. Technological Advancements
        4. Expansion in Emerging Markets
    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 FRP Rebar Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Vinyl Ester
      2. Polyester
      3. Others
    2. Global FRP Rebar Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. Glass Fiber
      2. Carbon Fiber
      3. Basalt Fiber
    3. Global FRP Rebar Market, By Application, 2021 - 2031 (USD Million)
      1. Highways
      2. bridges & Buildings
      3. Water Treatment Plants
      4. Marine Structures & Waterfronts
      5. Others
    4. Global FRP Rebar 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. BASF
      2. Sika AG
      3. Schöck Bauteile GmbH
      4. GFRP Rebar
      5. Aslan FRP
      6. Hoganas AB
      7. Pultrall Inc.
      8. Fibrwrap Construction
      9. Krauss-Maffei
      10. Innovative Composite Engineering
  7. Analyst Views
  8. Future Outlook of the Market