Global FRP Bridge Market, By Fiber Type (Glass Fiber, Carbon Fiber), By Resin Type (Vinylester, Polyester), By Manufacturing Process (Pultrusion, Hand Lay-Up), By Application (Deck, Girders, Rebars), By Bridge Type (Vehicular, Pedestrian) – Industry Trends and Forecast to 2024
The Global FRP Bridge Market accounted for USD 53.20 million in 2016 and is projected to grow at a CAGR of 6.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Complete report on Global FRP Bridge Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global FRP Bridge Market
The demand for FRP bridge is mainly attributed to the superior properties offered by them, which include excellent resistance to corrosion against de-icing salts, high strength to weight ratio, and tensile strength.There is a growing demand for FRP bridgein decks, girders andrebars, which is expected to be one of the major drivers of the market over the next seven years.
Key Questions Answered in Global FRP Bridge Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global FRP Bridge Market in 2024?
- What are the key factors driving, Analysis by Applications and Countries Global FRP Bridge Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global FRP Bridge Market?
- Who are Opportunities, Risk and Driving Force of Global FRP Bridge Market?
- Who are the opportunities and threats faced by the vendors in Global FRP Bridge Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global FRP Bridge Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Ait Bridge System
- Axion Structural Innovations LLC
- B&B FRP Manufacturing Inc.
- Bedford Reinforced Plastics
- Composites Advantage
- Creative Pultrusions, Inc.
- CTS Bridges Ltd
- Diversified Structural Composites
- Fibercore Europe
- Fiberline Composites A/S
- Guardian Bridge Rapid Construction Inc.
- Hardcore Composites LLC.
- Hughes Bros Inc.
- Kansas Structural Composites
- Kenway Corporation
- Lifespan Structures
- Martin Marietta Composites, Inc.
- Solomon Composites LLC
- Strongwell Corporation
- Vectorply Corporation
- Zellcomp Inc.
- many more.
Major Market Drivers:
- Superior properties than alternatives
- Ease of installation
- Growing use of FRP materials in the manufacturing of decks
- High cost of carbon fiber
- Sensitivity to UV radiations
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Global FRP Bridge Market is segmented on the basis of
- Fiber Type
- Resin Type
- Manufacturing Process
- Bridge Type
Market Segmentations in Details:
On the basis of Fiber Type into glass fiber and carbon fiber. .
On the basis of Resin Type, the market is segmented into vinylester and polyester. .
On the basis of Manufacturing Process, the market is segmented into pultrusion and hand lay-up.
On the basis of Application, the market is segmented into deck and girders, rebars.
On the basis of Bridge Type, the market is segmented into vehicular and pedestrian.
On the basis of Geography,
- North America
- South America
- Middle East & Africa
Competitive Landscape: Global FRP Bridge Market
The global FRP bridge market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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