FRP Rebar Market, by Resin Type (Polyester Resin, Vinyl Ester Resin, Others), Fiber Type (Carbon Fiber Composites, Glass Fiber Composites, Basalt Fiber Composites), Application (Water Treatment Plants, Highways, Bridges & Buildings, Marine Structures & Waterfronts, Others) – Global Revenue, Trends, Growth, Share, Size, and Forecast To 2022
Chicago, IL -- (SBWIRE) -- 06/23/2017 -- The FRP rebar has gained its major market in the recent days due to high investments done by the government to initialize the FRP rebar I the construction process of various things like bridges, building and many others. The FRP rebar helps in strengthening the construction and provide a longer life.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the FRP rebar market. The scope of this report covers the FRP rebar market by its major segments, which include the types, applications, and the major geographic regions.
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KEY PREMIUM INDUSTRY INSIGHTS
The key reasons driving the growth of the FRP Rebar market include the rise in usage of non-corrosive rebars and life cycle cost is very low of rebars.
Raise in demand for FRP rebars from highways and building projects is one of the key growth opportunity drivers for this market.
However, less adoption of FRP rebars among the construction professionals and high initial cost and production cost are the major factor that may hamper the growth of the FRP Rebar market.
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