FRP Bridge Market worth 72.5 Million USD by 2021

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MarketsandMarkets Presents
FRP Bridge Market by Fiber Type, Resin,
Manufacturing Process, Application, Bridge Type
Region - Global Forecast to 2021

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FRP Bridge Market worth 72.5 Million USD by 2021
The report "FRP Bridge Market by Fiber Type
(Glass Fiber, Carbon Fiber), Resin (Vinylester,
Polyester), Manufacturing Process (Pultrusion,
Hand Lay-Up), Application (Deck, Girders,
Rebars), Bridge Type (Vehicular, Pedestrian),
Region - Global Forecast to 2021", The FRP bridge
market was valued at USD 50.1 Million in 2015 and
is projected to reach USD 72.5 Million by 2021,
at a CAGR of 6.40 between 2016 and 2021. The
excellent properties of FRP materials, such as
corrosion resistance, lightweight, and high
strength, have contributed to the high growth of
the FRP bridge market.
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FRP Bridge Market worth 72.5 Million USD by 2021
Browse gtgt 82 data tables
38 figures
138 pages and in-depth TOC on FRP Bridge Market
Early buyers will receive 10 customization on
this report. This is a Premium Report Priced
at US 5650 for single user. The FRP bridge
market was valued at USD 50.1 Million in 2015 and
is projected to reach USD 72.5 Million by 2021,
at a CAGR of 6.40 between 2016 and 2021. Report
Price Single User License US
5650 Corporate User License US 8150
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FRP Bridge Market worth 72.5 Million USD by 2021
Deck is the largest application segment of the
FRP bridge market By application, the deck
segment is estimated to account for the largest
share of the FRP bridge market. This segment is
also projected to dominate the FRP bridge market
globally during the forecast period. The use of
FRP materials in decks offer them with high
corrosion resistance, high strength to weight
ratio, and effortless installations.
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FRP Bridge Market worth 72.5 Million USD by 2021
The glass fiber segment accounts for the largest
share of the FRP bridge market The market for
glass fiber composites is expected to grow at the
highest CAGR from 2016 to 2021. Good strength,
chemical resistance, and stiffness offered by
glass fibers, as well as their easy availability
and cost effectiveness, are key factors
accelerating the demand for glass fiber
composites.
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FRP Bridge Market worth 72.5 Million USD by 2021
North America accounts for the major share of
the FRP bridge market The FRP bridge market is
expected to witness the highest growth in the
North American region during the forecast period.
Several key market players, such as Strongwell
Corporation (U.S.), Creative Pultrusions, Inc.
(U.S.), and Bedford Reinforced Plastics (U.S.),
among others, are present in this region. The
growth of the FRP bridge market in the North
American region can be attributed to the presence
of these prominent players. Support of the
government as well as the aid provided by
construction agencies, such as the Federal
Highway Administration (FHWA), have significantly
contributed to the growth of the FRP bridge
market in the U.S.
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FRP Bridge Market worth 72.5 Million USD by 2021
Key Players - Some of the key players in the FRP
bridge market include Strongwell Corporation
(U.S.), Creative Pultrusions, Inc. (U.S.),
Bedford Reinforced Plastics (U.S.), and Fiberline
Composites A/S (Denmark). These players have
adopted various organic and inorganic
developmental strategies, such as new product
development, expansion, agreement, and
partnership, between the year 2011 and
2016. Purchase a Copy of this Report Today !
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