Press release
Hemp Rebar Market Report 2024: Strategies And Recent Developments | Sunstrand Corporation, ArmComposites Ltd., Lime Technology Ltd., HempTraders, HempWood
Hemp Rebar Market Characteristics
The Business Research Company offers in-depth market insights through Hemp Rebar Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The hemp rebar market size has grown strongly in recent years. It will grow from $62.65 billion in 2023 to $67.57 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to sustainable construction practices, environmental regulations and standards, renewable resource utilization, durability and strength properties, increasing demand for sustainable products.
The hemp rebar market size is expected to see strong growth in the next few years. It will grow to $86.79 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to growing sustainable construction practices, regulatory support for sustainable building, rising construction industry awareness, global hemp market expansion, demonstration projects and case studies. Major trends in the forecast period include construction industry collaboration, advancements in hemp processing technologies, innovation in construction material, consumer preference for natural materials, diversification of applications.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=13674&type=smp
Market Segmentation:
The hemp rebar market covered in this report is segmented -
1) By Type: Processed Hemp Fiber, Raw Hemp Fiber
2) By Bar Size: 0.25 Inch x 4 Feet, 0.375 Inch x 4 Feet, 0.5 Inch x 4 Feet, 0.625 Inch x 4 Feet
3) By Application: Construction, Automotive and Aerospace
Major Driver - Surging Demand For Sustainable Construction Materials Propels Growth In The Hemp Rebar Market
The increasing demand for green buildings is expected to propel the growth of the hemp rebar market. A green building, sustainable building, or high-performance building is designed and constructed to minimize its negative impact on the environment and maximize its positive impact on occupants. Hemp rebar is used in green buildings to offer a potential alternative to traditional steel rebar with numerous environmental and performance advantages. Growing hemp sequesters carbon and the manufacturing process requires less energy, to a smaller overall carbon footprint for the final product. For instance, in October 2022, according to the U.S. Green Building Council, a US-based membership-based non-profit organization, in China, the LEED-certified projects increased from 1,077 in 2021 to 1,121 in 2022, and certified square foot area increased from 152,325,125.75 in 2021 to 180,347,421.08 in 2022. Therefore, the increasing demand for green buildings is driving the growth of the hemp rebar market.
Competitive Landscape:
Major companies operating in the hemp rebar market report are Sunstrand Corporation, ArmComposites Ltd., Lime Technology Ltd., HempTraders, HempWood , Hemp Fortex Industries Ltd , All American Hemp Company , HempFlax Group B.V. , Bastcore, Dunagro, Hempitecture , IsoHemp , Hemp Technologies Global , Vital Hemp , Hemp Direct , Hemp Plastic Company , Just Bio Fiber, American Hemp LLC , Hemp Angel Products, UK Hempcrete
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/hemp-rebar-global-market-report
Top Trend - Rising Infrastructure Investments Fueling Hemp Rebar Market Growth
Increased infrastructure projects are expected to propel the growth of the hemp rebar market going forward. Infrastructure projects refer to large-scale construction or development initiatives that are undertaken to build, upgrade, or maintain the foundational facilities and systems necessary for the functioning of a society or economy. Hemp rebar can help infrastructure projects by providing a low-cost, non-corroding alternative to steel. For instance, according to the USAFacts, a US-based not-for-profit, nonpartisan civic initiative, in 2021, the Federal Government spent $40.6 billion directly on transportation, excluding federal transfers to states. Further, State and local governments spent $358.1 billion in 2021, including expenditures paid for with federal transfers, such as the Federal-Aid Highway Program and the Airport and Airway Trust Fund, representing a significant increase from the $211.8 billion in 2020. Therefore, increased infrastructure projects are driving the growth of the hemp rebar market.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Hemp Rebar Market Characteristics
3. Hemp Rebar Market Trends And Strategies
4. Hemp Rebar Market - Macro Economic Scenario
5. Hemp Rebar Market Size And Growth
…..
27. Hemp Rebar Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hemp Rebar Market Report 2024: Strategies And Recent Developments | Sunstrand Corporation, ArmComposites Ltd., Lime Technology Ltd., HempTraders, HempWood here
News-ID: 3433440 • Views: …
More Releases from The Business research company
Emerging Trends to Reshape the Surgical Energy Instruments Market: Innovative Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Surgical Energy Instruments Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the market size of surgical energy instruments has seen substantial growth. The market which is projected to be worth $4.68 billion in 2024, is expected to inflate to $5.2…
2025-2034 Spatial omics Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Spatial omics Market Through 2025?
In recent years, the size of the spatial omics market has seen rapid expansion. The estimations show an increase to $0.33 billion in 2025 from $0.3 billion in 2024, marking a compound annual growth rate (CAGR) of…
Global Sigmoidoscope Market Projected to Grow at 6.1% CAGR, Reaching $3.38 Billi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Sigmoidoscope Industry Market Size Be by 2025?
In recent years, there has been a significant increase in the size of the sigmoidoscope market. The market is projected to expand from $2.53 billion in 2024 to $2.67 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
2025-2034 Refurbished MRI Systems Market Roadmap: Insights for Competitive Advan …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Refurbished MRI Systems Market Size By 2025?
The market size for refurbished MRI systems has experienced robust growth in the past few years. It is expected to rise from $0.77 billion in 2024 to $0.85 billion in 2025, showcasing a compound annual growth rate (CAGR)…
More Releases for Hemp
Hemp Juice Market Complete Survey 2021-2028: Hemp CBD Ltd., Sana Hemp Juice, Kam …
Hemp juice is basically obtained from the upper part as well as the leaves of a hemp plant. To extract this juice, most of the juice manufacturers utilized low-speed juicers. The hemp juice usually contains high Calcium, Phosphorus, Magnesium, Selenium, Vitamin E, Zinc, Iron, and Vitamin A. In addition to that, this juice further reduces the risk of many diseases and promotes health. Many individuals mostly preferred hemp juice owing…
Global Industrial Hemp Market Growing Popularity and Emerging - Industrial Hemp …
The “Industrial Hemp Market by Product (Seeds, Fiber, and Shivs) and by Application (Animal Care, Textiles, Automotive, Furniture, Food & Beverages, Paper, Construction Materials, Personal Care, and Others): Global Industry Perspective, Comprehensive Analysis,” A fundamental outline of the Industrial Hemp niche is presented by the Industrial Hemp report that entails definitions, classifications, applications together with industry chain framework. The Industrial Hemp report provides a far-reaching evaluation of necessary market dynamics…
Global Hemp Juice Market 2020 Future Trends - Blue Moon Hemp, Cloud 9 Hemp, HANO …
The “Hemp Juice Market by Nature (Organic and Conventional), by Form (Powder and Liquid), by End-Use (Household and Commercial), and by Distribution Channel (Direct Sales and Indirect Sales): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2” A fundamental outline of the Hemp Juice niche is presented by the Hemp Juice report that entails definitions, classifications, applications together with industry chain framework. The Hemp Juice report provides a far-reaching evaluation of…
Hemp Juice Market 2020 Top Companies- Sana Hemp Juice, Cloud 9 Hemp, Blue Moon H …
Hemp Juice Market
Hemp juice is extracted from the leaves and upper part of the hemp plant. Majority of the hemp juice manufacturers are using specialized low-speed juicers to extract the juice. Due to increasing stress and speed of modern life, our body strives for energy and revitalization. Intake of hemp juice leads to revitalization & rejuvenation of the body parts and restores as well as regenerates the healthy lifestyle among…
Hemp-based Foods Market Future Outlook : Manitoba Harvest Hemp Oil Canada, Braha …
For in depth understanding of market and competitive landscape, this Hemp-based Foods Market research report serves a lot of parameters and detailed data about industry. The Hemp-based Foods Market report offers you steadfast knowledge and information of revolutionizing market landscape, what already exists in the Hemp-based Foods Market, future trends or what the market expects, the competitive environment, and strategies to plan to outshine the competitors. This information and…
Hemp Market: Hemp Production Services, Manitoba Harvest Hemp Foods, All American …
A new market research report on the Global Hemp market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Hemp market. The Global Hemp analysis is broken down on different segmentation levels including Market By Product Type, By End Use, By Nature.
The Global Hemp Market accounted for USD XX.X Million in 2018. Further, the market is expected to reach to a…
