FRP Rebars Market

Market Definition

The market stands for Fiber-Reinforced Polymer Reinforcing Bars, non-metallic bars made from high-strength fibers (glass, carbon, aramid, or basalt) and a polymer matrix. FRP rebars are used as an alternative to steel in concrete reinforcement and offer corrosion resistance, high tensile strength, and lightweight benefits across infrastructure and construction sectors.

The report explores key drivers of market development, offering detailed regional analysis and a comprehensive overview of the competitive landscape shaping future opportunities.

FRP Rebars Market Overview

Global FRP rebars Market size was valued at USD 589.5 million in 2024, which is estimated to be valued at USD 648.7 million in 2025 and reach USD 1357.8 million by 2032, growing at a CAGR of 10.82% from 2025 to 2032. Corrosion resistance is a key growth driver for the market. Unlike steel, FRP rebars do not rust or degrade in harsh environments, making them ideal for long-lasting performance in marine, chemical, and underground construction applications.

Major companies operating in the FRP rebars industry are Dextra Group, Pultron Composites, Pultrall Inc., Schöck Bauteile GmbH, SIREG Inc., Kodiak Fiberglass Rebar, Röchling, Armastek, FRT TUF-BAR, ARC Insulations & Insulator Ltd., Jindal Advanced Materials, SKD Composites, indurotech, Everest Composites Pvt. Ltd., Aeron Composite Limited.

The market is experiencing significant growth, driven by increasing demand for durable, lightweight, and corrosion-resistant construction materials. As infrastructure development accelerates worldwide, especially in marine, transportation, and industrial sectors, FRP rebars are emerging as a sustainable alternative to traditional steel reinforcement. 

Their superior tensile strength, extended service life, and resistance to harsh environmental conditions make them ideal for modern construction. Additionally, growing environmental concerns and the push for reduced carbon emissions are further propelling the market growth.

• In December 2024, GFRP Tech produced South Africa’s first locally manufactured Glass Fiber Reinforced Polymer rebar and mesh at its new Linbro Park facility. The development introduces lightweight, corrosion-resistant alternatives to steel, supporting efforts to lower emissions, enhance transport efficiency, and align with international standards for strength and durability.

Key Highlights:

1. The FRP rebars industry size was recorded at USD 589.5 million in 2024.
2. The market is projected to grow at a CAGR of 10.82% from 2025 to 2032.
3. Asia Pacific held a market share of 35.03% in 2024, with a valuation of USD 206.5 million.
4. The vinyl ester segment garnered USD 226.7 million in revenue in 2024.
5. The glass segment is expected to reach USD 381.7 million by 2032.
6. The bridges & buildings segment is anticipated to witness the fastest CAGR of 11.36% during the forecast period
7. North America is anticipated to grow at a CAGR of 11.33% during the forecast period.

Market Driver

Corrosion Resistance in Harsh Environments

One of the most significant growth drivers in the FRP rebars market is their exceptional resistance to corrosion. Traditional steel rebars are prone to rust when exposed to moisture, saltwater, or chemicals, leading to costly repairs and structural degradation. 

FRP rebars maintain their integrity in highly corrosive environments such as marine infrastructure, sewage systems, and chemical plants. This long-term durability not only extends the lifespan of structures but also reduces maintenance costs, making FRP an increasingly preferred choice for sustainable and high-performance reinforcement solutions.

• In February 2025, researchers from Ludong University, Ocean University of China, and Shandong Jianzhu University conducted groundbreaking research on the application of FRP materials in deep mining support systems. The research examined the mechanical properties of FRP anchoring cables and grouting techniques, offering insights into their application in underground and concrete infrastructure. The findings highlight the potential of FRP materials to improve structural stability, load-bearing performance, and durability in challenging environments.

Market Challenge

High Initial Cost

A significant challenge faced by the FRP rebars market is the high initial cost compared to traditional steel reinforcement, which can discourage widespread adoption despite FRP’s long-term durability and low maintenance benefits. 

However, this expense can be justified by lifecycle cost savings through reduced maintenance, corrosion resistance, and longer service life. Increasing awareness of these benefits by companies and government incentives for sustainable construction can help overcome cost barriers, encouraging more projects to invest in FRP rebars as a cost-effective, durable solution.

Market Trend

Growing Adoption of Lightweight Reinforcement

A key trend in the FRP rebars market is the growing adoption of lightweight reinforcement solutions. FRP rebars, being significantly lighter than traditional steel, offer considerable advantages in handling and transportation, reducing labor costs and improving safety on construction sites. This weight reduction also speeds up installation and overall project timelines, making construction more efficient. 

As builders and contractors prioritize faster and more cost-effective methods, the preference for lightweight FRP rebars continues to rise, especially in large-scale infrastructure projects where logistics and time savings are critical.

• In April 2025, Olectra Greentech Limited launched its next-generation GFRP Rebar at the MEIL Budget Meet, an advancement  in the concrete reinforcement technology. Engineered for superior strength, durability, and sustainability, the lightweight, corrosion-resistant rebar thereby promoting eco-friendly construction solutions in India.

FRP Rebars Market Report Snapshot

Segmentation	Details
By Resin	Vinyl Ester, Epoxy, Others
By Fiber Type	Glass, Aramid, Basalt, Carbon, Others
By Application	Highways, Bridges & Buildings, Marine Infrastructures, Water Treatment Facilities, Others
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, U.A.E., Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation:

• By Resin (Vinyl Ester, Epoxy, and Others): The vinyl ester segment earned USD 7 million in 2024, due to its superior corrosion resistance, chemical stability, and enhanced bonding strength with concrete in harsh environments.
• By Fiber Type (Glass, Aramid, Basalt, Carbon, and Others): The glass segment held 28.08% of the market in 2024, driven by its cost-effectiveness, wide availability, and strong mechanical properties suitable for diverse construction applications.
• By Application (Highways, Bridges & Buildings, Marine Infrastructures, Water Treatment Facilities, and Others): The highways segment is projected to reach USD 356.6 million by 2032, owing to increased infrastructure investments and the demand for durable, lightweight, and corrosion-resistant reinforcement materials.

FRP Rebars Market Regional Analysis

Based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Asia Pacific FRP rebars market share stood at 35.03% in 2024 in the global market, with a valuation of USD 206.5 million. The Asia Pacific region dominates the market due to rapid urbanization, expanding infrastructure projects, and growing demand for durable, corrosion-resistant construction materials. 

Moreover, increasing government investments in sustainable development and smart city initiatives are further driving the adoption of FRP rebars across this region. The region’s coastal environments and high humidity create challenging conditions for traditional steel reinforcement, making FRP rebars an attractive alternative. 

Additionally, rising awareness of long-term cost savings and environmental benefits boosts market growth, positioning Asia Pacific as a key leader in advancing modern construction technologies.

• In December 2023, researchers from IIT Hyderabad, India, introduced a breakthrough in sustainable construction by integrating GFRP rebars with discrete fiber reinforcement. This innovation significantly enhances the strength, ductility, and durability of concrete structures, making it especially suitable for the Asia Pacific region, where rapid urbanization and challenging climatic conditions demand resilient infrastructure solutions.

North America FRP rebars industry is poised for a significant CAGR of 11.33% over the forecast period. North America is the fastest-growing region in the market due to increasing infrastructure modernization efforts and regulations promoting sustainable construction across the region. Growing awareness of FRP rebars’ corrosion resistance and lightweight advantages is driving adoption across highways, bridges, and marine projects. 

Additionally, investments in resilient infrastructure to withstand harsh weather and environmental conditions further boost market growth. The presence of key industry players and advanced manufacturing capabilities also accelerate innovation and regional demand for eco-friendly reinforcement solutions.

Regulatory Frameworks

• OSHA (Occupational Safety and Health Administration) focuses on workplace health and safety regulations in the U.S., ensuring safe working conditions during manufacturing, handling, and installation of materials like FRP rebars.
• In India, the Bureau of Indian Standards (BIS) developed IS 14402:1996, providing guidelines for the use of Glass Fiber Reinforced Polymer (GFRP) rebars in concrete reinforcement. This standard outlines the specifications for GFRP rebars, including material properties, manufacturing processes, and quality control measures, to ensure their effective and safe application in construction projects.

Competitive Landscape

Companies in the FRP rebars industry are actively innovating and expanding their product offerings to meet the growing demand for durable, lightweight, and corrosion-resistant reinforcement solutions. Key players are investing in research and development to enhance the performance and cost-effectiveness of their products. Strategic partnerships and collaborations are being formed to leverage complementary expertise and access new markets. 

Additionally, companies are focusing on sustainability by developing eco-friendly materials and manufacturing processes. These efforts aim to address the evolving needs of the construction industry and contribute to the adoption of FRP rebars in various infrastructure projects.

• In February 2024, Arkema and Sireg Geotech introduced a bendable composite rebar, Glasspree TP, made with Arkema’s Elium resin. This new product is 75% lighter than steel, offers double the strength, and is resistant to corrosion. Its recyclability and durability make it suitable for a range of construction applications, supporting sustainability goals and reducing overall environmental impact.

List of Key Companies in FRP Rebars Market:

• Dextra Group
• Pultron Composites
• Pultrall Inc.
• Schöck Bauteile GmbH
• SIREG Inc.
• Kodiak Fiberglass Rebar
• Röchling
• Armastek
• FRT TUF-BAR
• ARC Insulations & Insulator Ltd.
• Jindal Advanced Materials
• SKD Composites
• indurotech
• Everest Composites Pvt. Ltd.
• Aeron Composite Limited.

Recent Developments (MoU/Partnership)

• In January 2025, Normet International Ltd. and Dextra Group signed an MoU to jointly advance sustainable FRP reinforcement solutions. This strategic collaboration aims to expand FRP use in mining and tunneling by combining Normet’s underground expertise with Dextra’s innovation in FRP technologies, enhancing safety, durability, and environmental performance globally.
• In October 2023,  Marina Del Rey Marina adopted patented FRP pultrusion technology developed in collaboration with Pultron Composites. The implementation aims to improve durability, reduce maintenance needs, and support sustainability in marine infrastructure.