Global GFRP Rebar Market Size, Share, and COVID-19 Impact Analysis, By Resin Type (Vinyl Ester, Polyester, Epoxy, and Others), By Application (Highways, Bridges & Buildings, Marine Structures & Waterfronts, Water Treatment Plants, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035
Industry: Chemicals & MaterialsGlobal GFRP Rebar Market Insights Forecasts to 2035
- The Global GFRP Rebar Market Size Was Estimated at USD 0.48 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 12.06% from 2025 to 2035
- The Worldwide GFRP Rebar Market Size is Expected to Reach USD 1.68 Billion by 2035
- North America is expected to grow the fastest during the forecast period.
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According to a research report published by Spherical Insights and Consulting, The Global GFRP Rebar Market Size was worth around USD 0.48 Billion in 2024, growing to 0.52 Billion in 2025, and is predicted to grow to around USD 1.68 Billion by 2035 with a compound annual growth rate (CAGR) of 12.06% from 2025 to 2035. The market for GFRP rebar offers opportunities in sustainable building, corrosion-resistant infrastructure, and research developments. It has a large growth potential in Asia-Pacific region, especially India, where there is a growing need for long-lasting materials.
Global GFRP Rebar Market Forecast and Revenue Size
- 2024 Market Size: USD 0.48 Billion
- 2025 Market Size: USD 0.52 Billion
- 2035 Projected Market Size: USD 1.68 Billion
- CAGR (2025-2035): 12.06%
- Asia Pacific: Largest market in 2024
- North America: Fastest growing market
Market Overview
The global industry that includes the manufacture, distribution, and usage of glass fiber reinforced polymer (GFRP) rebars, composite materials used as an alternative to conventional steel reinforcement in concrete structures, is known as the glass fiber reinforced polymer (GFRP) rebar market. GFRP rebar bars are becoming more and more popular in structural engineering applications due to their superior material qualities, particularly their increased durability in alkaline environments when compared to CFRP and BFRP reinforcement, and their resistance to corrosion due to they are metallic in nature. For instance, in April 2025, Olectra Greentech Limited launched its cutting-edge Glass Fibre Reinforced Polymer (GFRP) Rebar at the MEIL Budget Meet. This innovative product offers enhanced strength, durability, and sustainability, marking a major advancement in concrete reinforcement technology and reinforcing Olectra’s leadership in eco-friendly infrastructure solutions.
The demand for GFRP rebar is anticipated to increase due to the large-scale smart city developments in countries such as China, India, and Japan, as well as extensive infrastructure construction. GFRP rebar excellent tensile strength, lightweight design, and corrosion resistance are transforming the American construction sector. Growing government laws and initiatives to use corrosion-resistant and sustainable building materials are propelling the GFRP rebar market.
Key Market Insights
- Asia Pacific is expected to account for the largest share in the GFRP rebar market during the forecast period.
- In terms of resin type, the vinyl ester segment is projected to lead the GFRP rebar market throughout the forecast period
- In terms of therapeutic area, the highways, bridges & buildings segment captured the largest portion of the market
GFRP Rebar Market Trends
- Private Sector Adoption: Builders and infrastructure firms shifting towards GFRP.
- Innovation in Manufacturing: Advancements in pultrusion and resin technologies are improving quality and scalability.
- Training and Awareness Programs: Industry seminars and government workshops promoting adoption.
- Fire and Chemical Resistance: Increasing use in industrial and hazardous environments.
- Sustainability Goals: Supports low-carbon construction and green infrastructure targets.
Report Coverage
This research report categorizes the GFRP rebar market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the GFRP rebar market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the GFRP rebar market.
Global GFRP Rebar Market Report Coverage
Report Coverage | Details |
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Base Year: | 2024 |
Market Size in 2024: | USD 0.48 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 12.06 % |
2035 Value Projection: | USD 1.68 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 217 |
Tables, Charts & Figures: | 130 |
Segments covered: | By Resin Type, By Application and By Region |
Companies covered:: | Rochling, Sireg S.P.A., Pultrall Inc., Armastek, Galen LLC, Dextra Group, FRT TUF-BAR, SKD Composites, Pultron Composites, Neuvokas Corporation, Schock Bauteile GmbH, Kodiak Fiberglass Rebar, Jindal Advanced Materials, ARC Insulations & Insulator Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving factors: Construction investments boost GFRP rebar demand globally.
The increased investments in large-scale construction projects in North America and Europe are driving up demand for GFRP rebars. The growing number of infrastructure projects, from big ones like bridge decks and building foundation bases to smaller ones like retaining walls, walkways, and patios, is driving the demand for GFRP rebar in the construction industry and changing the global building landscape. The increased focus on infrastructure development in various countries is the primary factor driving the growth of the GFRP rebar market. Due to the increasing requirement for lightweight reinforcements for buildings, bridges, and highways, the need for GFRP rebar is expected to grow.
Restraining Factor: Multiple challenges hinder GFRP rebar adoption in India.
A number of factors, such as high upfront costs, low contractor awareness, a lack of uniform regulations, a slower rate of adoption in conventional construction, and a reliance on imported raw materials, restrict the widespread use of GFRP rebar in India.
Market Segmentation
The global GFRP Rebar market is divided into resin type and application.
Global GFRP Rebar Market, By Resin Type:
Which industries are driving the demand for corrosion-resistant products like vinyl ester?
The vinyl ester segment led the GFRP rebar market, generating the largest revenue share. The vinyl ester market is expanding as a result of these industries' growing need for strong, corrosion-resistant products. Vinyl ester offers higher resistance against moisture and chemical assault in harsh situations, such as bridges, maritime structures, or chemically aggressive environments. Such significantly extends the lifespan and durability of GFRP rebars.
The epoxy segment in the GFRP rebar market is expected to grow at the fastest CAGR over the forecast period. Epoxy resins are perfect for high-performance applications because of their exceptional mechanical qualities and fiber adherence. Epoxy-based GFRP rebars are utilized in specific applications, like defense and aerospace structures, where great strength and endurance are necessary.
Global GFRP Rebar Market, By Application:
How is GFRP rebar contributing to sustainable construction in highways, bridges, and buildings?
The highways, bridges & buildings segment held the largest market share in the GFRP rebar market. The growing use of GFRP rebar as a high-performance and environmentally friendly alternative to traditional steel reinforcement for highways, bridges & buildings, segment of the GFRP rebar market. The extensive usage of GFRP rebars in vital infrastructure projects where longevity, resistance to corrosion, and structural strength are crucial is credited to the highways, bridges, and buildings segment.
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The marine structures & waterfronts segment in the GFRP rebar market is expected to grow at the fastest CAGR over the forecast period. The growing need for corrosion-resistant reinforcement materials in challenging maritime settings is driving the marine constructions and waterfronts market. The use of GFRP rebar is growing in this market because of its strength, portability, and resistance to seawater, which make it a great solution for offshore and coastal construction applications.
Regional Segment Analysis of the Global GFRP Rebar Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific GFRP Rebar Market Trends
Why is the Asia Pacific region experiencing rapid growth in the GFRP rebar market?
Asia Pacific region, as a result of the rising need for lightweight, durable, and corrosion-resistant building materials. Infrastructure in China, India, Japan, South Korea, and Southeast Asia is developing at a rapid rate, and GFRP rebar is becoming more and more recognized as a viable alternative to traditional steel reinforcement, particularly in areas that are humid, coastal, or chemically hostile. Government initiatives to promote green building materials and improve the long-term durability of public facilities are also driving up demand.
Why is the GFRP rebar market growing rapidly in China?
The market for glass fiber reinforced polymer (GFRP) rebar is expanding rapidly in China due to factors such as government regulations supporting sustainable building, significant infrastructure investments, and the country's fast urbanization. The corrosion resistance and lightweight nature of GFRP, which makes it perfect for projects involving high humidity and the sea, benefit the Chinese market.
Which material properties of GFRP rebar contribute to its growing demand in India?
India's market for glass fiber reinforced polymer (GFRP) rebar is expanding significantly due to large infrastructure investments made under programs like Bharatmala and Sagarmala, as well as a focus on environmentally friendly, corrosion-resistant materials. Government regulations and cost-cutting R&D encourage adoption in coastal and urban projects, although this is hampered by high upfront expenditures, low awareness, and a lack of uniform rules.
North America GFRP Rebar Market Trends
What factors are driving the demand for GFRP rebar in North America?
The market for glass fiber reinforced polymer (GFRP) rebar is steadily growing in North America due to factors like modernizing infrastructure, stricter environmental laws, and a move toward materials that resist corrosion in severe environments. The necessity to rebuild deteriorating infrastructure and the increased focus on environmentally friendly building techniques are the main drivers in the North America region. The market expansion in these nations is being aided by rising infrastructure development investments and increased knowledge of the advantages of GFRP rebars.
How does infrastructure modernization influence the GFRP rebar market in the United States?
The modernization of infrastructure and the need for corrosion-resistant materials in harsh and coastal settings are driving the steady growth of the Glass Fiber Reinforced Polymer (GFRP) rebar market in the United States. High upfront costs and conventional building preferences restrain adoption in bridges, highways, and maritime structures, yet it is consistent with the objectives of sustainable infrastructure.
Why is the GFRP rebar market growing steadily in Canada?
The need for corrosion-resistant materials in difficult climates and the renewal of infrastructure are driving the steady growth of the Glass Fiber Reinforced Polymer (GFRP) rebar market in Canada. Although adoption due by high upfront costs and conventional methods, it is in line with Canada's durability and environmental objectives for bridges, highways, and marine projects.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global GFRP rebar market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Worldwide Top Key Players in The GFRP Rebar Market Include
- Rochling
- Sireg S.P.A.
- Pultrall Inc.
- Armastek
- Galen LLC
- Dextra Group
- FRT TUF-BAR
- SKD Composites
- Pultron Composites
- Neuvokas Corporation
- Schock Bauteile GmbH
- Kodiak Fiberglass Rebar
- Jindal Advanced Materials
- ARC Insulations & Insulator Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent development
- In March 2025, Dextra Group, in partnership with Saudi-based ICSC, launched its role as a Bronze Supporting Member of NEx, ACI’s nonmetallic materials hub. The collaboration aims to promote GFRP rebars and advance sustainable, innovative construction solutions worldwide.
- In February 2025, GFRP Tech (Johannesburg) launched its EnviraBar rebar line in South Africa, providing a sustainable alternative to traditional steel rebar. Manufactured at their new Linbro Park facility, EnviraBar utilizes a fiber-reinforced polymer matrix designed for durable and eco-friendly construction applications.
- In November 2024, GFRP Tech (Johannesburg) launched South Africa’s first dedicated GFRP manufacturing facility in Linbro Park, Gauteng. The multi-billion rand plant will produce and test EnviraBar and EnviraMesh, offering sustainable alternatives to traditional steel rebar for the construction industry.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the GFRP rebar market based on the following segments:
Global GFRP Rebar Market, By Resin Type
- Vinyl Ester
- Polyester
- Epoxy
- Others
Global GFRP Rebar Market, By Application
- Highways, Bridges & Buildings
- Marine Structures & Waterfronts
- Water Treatment Plants
- Others
Global GFRP Rebar Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the GFRP rebar market over the forecast period?The global GFRP rebar market is projected to expand at a CAGR of 12.06 % during the forecast period.
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2. What is the market size of the GFRP rebar market?The global GFRP rebar market size is expected to grow from USD 0.48 billion in 2024 to USD 1.68 billion by 2035, at a CAGR 12.06 % of during the forecast period 2025-2035.
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3. Which region holds the largest share of the GFRP rebar market?North America is anticipated to hold the largest share of the GFRP rebar market over the predicted timeframe.
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4. Who are the top companies operating in the global GFRP rebar market?Rochling, Sireg S.P.A., Pultrall Inc., Armastek, Galen LLC, Dextra Group, FRT TUF-BAR, SKD Composites, Pultron Composites, Neuvokas Corporation, Schock Bauteile GmbH, Kodiak Fiberglass Rebar, Jindal Advanced Materials, ARC Insulations & Insulator Ltd., and others.
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5. What factors are driving the growth of the GFRP rebar market?The growth of the GFRP rebar market is driven by increasing infrastructure investments, demand for corrosion-resistant materials, government sustainability initiatives, advancements in composite technology, and the need for lightweight, durable reinforcement solutions.
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6. What are market trends in the GFRP Rebar market?The GFRP rebar market is witnessing increasing demand due to corrosion resistance, sustainability focus, and infrastructure development, with innovations enhancing durability and cost-efficiency driving widespread adoption globally.
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7. What are the main challenges restricting wider adoption of the GFRP rebar market?The GFRP rebar market faces challenges including high initial costs, limited awareness, lack of standardized regulations, concerns over long-term performance, and compatibility issues with conventional concrete structures, restricting broader adoption.
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