Jan 28, 2023   SOURCE: BusinessWire

Global FRP Bridge Strategic Business Report 2023: Featuring Guardian Bridge Rapid Construction, Lifespan Structures, STRONGWELL and Zellcomp Among Others - ResearchAndMarkets.com

The "FRP Bridge - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for FRP Bridge estimated at US$59.7 Million in the year 2022, is projected to reach a revised size of US$93.8 Million by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

Glass Fiber, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$45.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Carbon Fiber segment is readjusted to a revised 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $16.3 Million, While China is Forecast to Grow at 9.5% CAGR

The FRP Bridge market in the U.S. is estimated at US$16.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20.8 Million by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$12.8 Million by the year 2030.

Select Competitors (Total 47 Featured) -

  • B&B Frp Manufacturing Inc.
  • Bedford Reinforced Plastics
  • Creative Pultrusions, Inc.
  • Cts Bridges Ltd.
  • FiberCore Europe
  • Fiberline Composites A/S
  • Guardian Bridge Rapid Construction Inc.
  • Lifespan Structures Ltd.
  • STRONGWELL Corporation
  • Zellcomp Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • FRP Emerges as an Ideal Replacement Material for Traditional Bridges
  • FRP - A Game Changing Material for Structures
  • FRP Bridge: Growing at a Healthy Rate
  • FRP Bridge - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • How Does FRP Compare to Steel Bridge
  • Rising Significance of FRP Composites in Construction Industry Augurs Well for Material's Use in Bridge Constructions & Repairs
  • Global Fibre-Reinforced Polymers Market - Percentage Breakdown of Production by End-Use Industry
  • Presence of Large Base of Bridges Requiring Immediate Infrastructure Repair and Rehabilitation - Potential for FRP Bridges Market
  • Composite Advantage Uses FRP Panels for Bridge Renovations
  • Carbon Fiber Composite Bridges: Creating Stronger Bridges
  • Use of Glass Fiber Polymer Composites Rises in Bridges Construction and Rehabilitation
  • Modular FRP Bridges - An Overview
  • Vehicular FRP Bridge Decks - Meeting the Evolving Needs of Transport Industry
  • Pedestrian FRP Bridge Decks: Low Cost Manufacturing Favors Market
  • TRIGLASS High Performance Profiles for Buildings and Infrastructure
  • Product Overview
  • Fibre-Reinforced Polymer: An Introduction
  • Traditional Materials Used in Construction of Bridges
  • Fibre Reinforced Polymer (FRP) Bridges - An Introduction
  • Significance of Composites in Bridge Constructions

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/zaa269-bridge?w=4