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Composite Rebar Market to reach USD 1306.01 Mn by 2030, emerging at a CAGR of 9.8 percent for (2024-2030)

(IT-NEWSWIRE.COM, May 19, 2024 ) The total global market for the “Composite Rebar Market” was valued at USD 678.78 Mn in 2023 and is expected to grow at a CAGR of 9.8 percent over the forecast period to reach USD 1306.01 Mn by 2030.



Composite Rebar Market Report Scope and Research Methodology



The Composite Rebar Market report offers both qualitative and quantitative analyses covering market size, pricing, demand, mergers and acquisitions, supply chain dynamics, investments, and other crucial factors, along with future predictions. Market size estimation employed a Bottom-Up approach, while SWOT analysis dissected the industry's strengths and weaknesses.



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Composite Rebar Market Dynamics



The composite rebar market is driven by its superior properties like corrosion resistance and high strength-to-weight ratio, boosting demand in construction. Technological advancements and growing infrastructure projects propel growth. However, high initial costs and limited awareness hinder market expansion. Environmental benefits and regulatory support offer potential growth opportunities.



Composite Rebar Market Regional Insights



Regional insights show North America and Europe leading the composite rebar market due to advanced infrastructure and regulatory support. Asia Pacific is growing rapidly, driven by infrastructure development in China and India. The Middle East and Africa exhibit potential due to increasing construction activities and modernization efforts.



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Composite Rebar Market Segmentation



By Type



Glass Fiber-Reinforced Polymer (GFRP) Rebar

Carbon Fiber-Reinforced Polymer (CFRP) Rebar

Basalt Fiber-Reinforced Polymer (BFRP) Rebar

Hybrid Rebar



By Application



Road & Building

Bridges & Port

Underground Construction

Water Treatment Plants

Others



By Application



Infrastructure and Construction

Marine and Coastal

Industrial

Others



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Composite Rebar Key Players include:



Unicomposite

Pultrall Inc.

Schoeck International

Dextra Group

Armastek

Marshall Composites Technologies

Mateenbar

TUF-BAR

Captrad

Neuvokas Corporation

Composite Rebar Technologies, Inc.

Technobasalt

GFRP Rebar

Helix Steel

Pulwell Composites Co., Ltd.

FiReP Group

Fiberline Composites



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About Maximize Market Research:



Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Deployment Types and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Production and demand analysis, and client impact studies.

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Source: EmailWire.Com

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