Report Code: A13768 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Composite Rebar Market
Request Now !Rebar is a steel bar or the mesh of steel wires used in tension devices in reinforced concrete and strengthens the masonry structure. Composite rebar is used on a large scale as an alternative to steel reinforcement owing to its durability, corrosion resistance, ease of installation, lightweight, and long service life. Various composite rebars are used in construction, however, recently, fiber-reinforced polymer rebar has gained popularity in the construction sector.
As composite rebar bears low maintenance requirements, composite rebar is used on a large scale in road and bridge construction, airport runways, and parking structure. Composite rebar is also used in weight-sensitive applications where other materials including soil have poor load-bearing capacity and in environmentally sensitive areas where it is undesirable to move heavy equipment. Glass and polymer composite rebar is widely used in electromagnetic and electrical devices as these materials are non-conductive.
COVID-19 Impact analysis
Top Impacting Factors
Composite rebar has witnessed increased use as reinforcing steel in concrete. Composite rebar is used as an alternative in infrastructure construction owing to the numerous advantages over steel rebar. The construction industry is more preferred to use composite rebar owing to its low weight and high tensile strength. A rise in the number of renovation projects across different developing countries is also driving demand for composite rebar. Manufacturers of composite rebar are focusing on product innovation by using new materials such as aramid fiber and basalt composites, due to the lightweight of these materials. Basalt fiber reinforced rebar is increasingly replacing steel bar in reinforced concrete offering higher durability and strength as green construction material, due to very high chemical resistance as compared to glass, aramid, and carbon fibers. The demand for basalt fiber reinforced rebar as an advance material used in civil engineering is growing prominently due to the low cost and high-temperature resistance. However, the initial high cost of composite rebar act as the restraining factor in its adoption in construction. Most of the construction projects, especially in the developing regions are still using steel rebar as it is functionally efficient and affordable as compared to the composite rebar. However, the lifecycle cost of composite rebar is better option than steel rebar, as steel rebar can result in high-cost repair and maintenance. In order to provide composite rebar at a reasonable price, manufacturers and researchers are focusing on new fiber and reinforcement materials that are inexpensive as compared to the fibers currently used in concrete which is a challenge for the market.
Market Trends
Key Benefits of the Report
Questions answered in the composite rebar Report
Composite Rebar Market Report Highlights
Aspects | Details |
---|---|
By Product Type |
|
By End User Industry |
|
By Region |
|
Key Market Players | Yuxing, Shanghai KNP,, Aslan FRP,, Technobasalt,, Nanjing Fenghui Composite,, Armastek,, Captrad, Marshall Composite Technologies,, Sireg Geotech,, Tribeni Fiber,, Hubei Yulong,, Fusite, Fiberline,, Kodiak Fiberglass Rebar,, Dextra Group,, BP Composites (TUFF-Bar),, Schoeck,, Galen,, Pultrall, Pultron Composites, |
Start reading.
This Report and over 67,404+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers