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(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
Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
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Dropshipping Market - The market size is expected to reach USD 1426.44 billion by 2030 at a CAGR of 26.1 percent during the forecast period. The dropshipping market is driven by the increasing popularity of e-commerce, which demands efficient order fulfillment methods.
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.
MAXIMIZE MARKET RESEARCH PVT. LTD.
L Godage
09607365656
akash.r@maximizemarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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