Research and Markets: Global Construction FRP Rebars Market 2014-2019: Market to Grow at a CAGR of 8.96% to Reach a Value of $222.40 Million

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DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qbljp4/frp_rebars_market) has announced the addition of the "FRP Rebars Market in Construction Industry, by Type, by Application & by Region - Global Trends & Forecast to 2019" report to their offering.

The global FRP rebars market is estimated to grow at a CAGR of 8.96% between 2014 and 2019 to reach a value of $222.40 million.

Fiber reinforced polymer (FRP) usually consists of a combination of reinforcement fibers and a polymer resin matrix. The glass fibers act as the reinforcement providing the majority of the tensile strength resistance, while the resin surrounds the fibers providing restraint from buckling, durability, and corrosive resistance to the composite system. The FRP rebars market is a large segment within the construction industry, worth several millions.

The increasing demand and cost of the raw materials and energy will require greater productivity, efficiency, and selectivity in industrial processes. The GFRP materials are most extensively used as a raw material for FRP rebars. Most of the FRP rebars are used in roads, bridges & tunnels, electrical isolation, and marine structure & water fronts applications. The factors responsible for the growing demand of FRP rebars in the construction industry are the growth in global construction spending, growing acceptance of FRP rebars, and initiatives for research &development for FRP rebars products.

The FRP rebars market in the construction industry report analyzes FRP rebars market by type, applications, and region, globally. The report familiarizes the industry players with the market trends, opportunities, drivers, and challenges. This report identifies the factors driving or inhibiting the growth of each segment to support its analysis of market trends and forecasts. In addition to the market size, data trends, and forecasts; the report also highlights the key market opportunities for the stakeholders and draws a competitive landscape in which the key market developments of the top companies in the market are profiled.

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Companies Mentioned

For more information visit http://www.researchandmarkets.com/research/qbljp4/frp_rebars_market

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