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Market Research Report

Kuwait Fiberglass Reinforced Polymer (FRP) Rebars Market Report 2019-2035: Growth Opportunities| Trends | COVID-19 Impact Analysis

Published Date :

2021-02-26

Report Pages :

267

Format :

PDF

Region Covered :

Kuwait

Kuwait Fiberglass Reinforced Polymer (FRP) Rebar Market Overview

Fiberglass Reinforced Polymer FRP rebar is gaining commercial value mainly because it is resistant to corrosive agents and does not let concrete rust or weaken. GFRP or glass fiber reinforced polymer rebar is a variant of FRP. Fiberglass Reinforced polymer (FRP) has been confirmed to be the solution as a major development in strengthened concrete technology. Synthesis of FRP rebar by using the longitudinal glass fibers (reinforcement material) and unsaturated polyester resin with 1% MEKP (matrix material) via manual process. FRP rebar have diameter 12.5 mm (this value is equivalent to 0.5 inch; it's most common in foundations application). FRP surfaces are modified by the inclusion of coarse sand to increase the bond strength of rebar with concrete. Then, the mechanical characterizations of reinforced concrete with FRP rebar are performed and compared with that of steel rebar. Fiberglass reinforced polymer rebar was used as an alternative material to the steel rebar. It is lightweight, no-corrosion, superior tensile strength, and high mechanical performance. Installation of the fiberglass reinforced polymer rebar is similar to steel rebar, but with less handling, transporting and storage problems.

Kuwait Fiberglass Reinforced Polymer (FRP)  industry is expected to grow at a CAGR of 5.2% during 2019-2035. The major drivers of Kuwait FRP  industry are growing investment towards urban infrastructure development, establishment and upgrade of airports, capacity expansion in petrochemical plants, and establishment of power plants and to get rid of corrosion problems also drive the FRP market in the Kuwait. 

Extensive polyester usage in construction of new structures as well as fixing structural deficiency in degraded heritage buildings superior mechanical properties, ease-of-handling, chemical resistance, and dimensional stability enhanced the demand of FRP rebar. Excellent corrosion resistance against fuels, vapors, or chemicals along with high durability and tensile strength are the stimulating properties enhancing the vinyl ester resin the demand of FRP rebar.

Due to an increased material demand, the number of FRP rebar manufacturers grew, but each manufacturer started to develop proprietary products, with wide ranging properties — the industry is in need for guidance and unification. Analysis of the market showed that 27 manufacturers produce FRP rebar in 14 countries with diverse output quantities and different distribution logistics. The various production approaches lead to different rebar types with dissimilar surface properties and significant strength differences.

Kuwait Fiberglass Reinforced Polymer (FRP) Rebar Market Segmentation:

Resin Types:

  • Vinyl ester
  • Polyester
  • Others

Fiber Types:

  • Glass fiber
  • Carbon fiber
  • Basalt fiber

Applications:

  • Highways, bridges, & buildings
  • Water treatment plants
  • Marine structures & waterfronts
  • Others

COVID-19 impact on "Kuwait Fiberglass Reinforced Polymer (FRP) Rebar Market"

The report analyses and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Kuwait Fiberglass Reinforced Polymer (FRP) Rebar Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

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Key questions answered in this research report

  • What is the total market size by 2035 and what would be the expected growth rate of sales?
  • What are the total sales in 2018-19 and what would be the expected demand over the forecast period?
  • What are the recent developments and business strategy of companies?
  • What are the market opportunities for the existing and entry level players?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?

Reasons to buy this market study

  • Kuwait Fiberglass Reinforced Polymer (FRP) Rebar Market Facilitate decision-making based on strong historic and forecast data for
  • Develop strategies based on the latest regulatory framework
  • Position yourself to gain the maximum advantage of the Reasons to buy this market study
  • Kuwait Fiberglass Reinforced Polymer (FRP) Rebar Market Facilitate decision-making based on strong historic and forecast data for
  • Develop strategies based on the latest regulatory framework
  • Position yourself to gain the maximum advantage of the Kuwait Fiberglass Reinforced Polymer (FRP) Rebar Market’s growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitor’s business structure, strategy and prospects’s growth potential



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Kuwait Fiberglass Reinforced Polymer (FRP) Rebars Market Report 2019-2035: Growth Opportunities| Trends | COVID-19 Impact Analysis

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