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FRP Rebar Market worth US$ 197.8 Million 2029 with a CAGR

October 03, 2023 10:30 ET | Source: PMI PMI

Covina, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Introduction – Track Jaw Crusher

FRP Rebar Market worth US$ 197.8 Million 2029 with a CAGR

Fiber Reinforced Polymer (FRP) Rebar, also known as fiberglass reinforcement, is a type of reinforcement bar used in construction projects to reinforce concrete structures. Traditional steel rebars have been widely used for decades, but FRP rebars offer several advantages, making them an attractive alternative in certain applications.    

Due to their corrosion resistance and other advantages, certain governments and regulatory agencies are supporting the use of FRP rebars in particular applications. FRP Rebar Market expansion is boosted by this support.

The global construction industry is evolving, with a focus on innovative and sustainable building materials. FRP rebars fit into this trend and are likely to find increasing acceptance in various construction projects. As awareness about the benefits of FRP rebars grows among architects, engineers, and contractors, there is likely to be a broader adoption of this technology.

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Competitive Landscape & their strategies of FRP rebar market:

The prominent player operating in the FRP rebar market includes,

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FRP Rebar Market worth US$ 197.8 Million 2029 with a CAGR

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