Lucintel Forecasts Composites Rebar Market to Reach $152.0 million by 2031

Lucintel forecasts the global composites rebar market to reach $152.0 million by 2031, driven by growing demand in construction, marine, and infrastructure projects. The market is gaining momentum due to its superior corrosion resistance, lightweight properties, and durability compared to traditional steel rebar. Key trends include increased use in bridges, highways, and coastal structures, making composite rebar a preferred choice for long-lasting reinforcement solutions.
According to the recent study the composites rebar market [https://www.lucintel.com/composite-rebar-market.aspx] is projected to reach an estimated $152.0 million by 2031 from $125.5 million in 2024, at a CAGR of 3.0% from 2024 to 2031. The major drivers for this market are corrosion resistance and durability, growing demand for sustainable and eco-friendly construction, and technological advancements in composite materials.

Browse 66 figures / charts and 65 tables in this 131 -page report to understand trends, opportunities and forecast in composite rebar market by end use (construction, electrical isolation, industrial, marine, and others), product type (glass fiber, carbon fiber, basalt fiber), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that construction will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to because of investments in infrastructure, including bridges, buildings, highways, water distribution systems, and other facilities.

Glass fiber reinforced plastic (GFRP) composite rebar will remain the largest segment over the forecast period due to demand in roads, bridges, tunnels, MRI rooms, marine structures, and water fronts.

Download sample by clicking on composite rebar market

North America is expected to remain the largest region and APAC the highest growth over the forecast period because of growth in the replacement of existing and development of new infrastructures.

FireP International AG, Pultron Composites, Owens Coring Schoeck, and Marshall Composite Technology LLC, are among the major composite rebar providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1-972-636-5056

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