Composite Rebars

Global Composite Rebars Market to Reach US$121.7 Million by 2030

The global market for Composite Rebars estimated at US$105.7 Million in the year 2024, is expected to reach US$121.7 Million by 2030, growing at a CAGR of 2.4% over the analysis period 2024-2030. Glass Fiber Reinforced PR, one of the segments analyzed in the report, is expected to record a 2.2% CAGR and reach US$74.0 Million by the end of the analysis period. Growth in the Carbon Fiber Reinforced PR segment is estimated at 2.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$28.8 Million While China is Forecast to Grow at 4.4% CAGR

The Composite Rebars market in the U.S. is estimated at US$28.8 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$23.0 Million by the year 2030 trailing a CAGR of 4.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.0% and 2.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.

Global Composite Rebars Market – Key Trends & Drivers Summarized

Why Are Composite Rebars Gaining Ground as the Future of Reinforcement Materials?

Composite rebars are rapidly redefining the standards of construction reinforcement by offering a superior alternative to traditional steel rebars in terms of corrosion resistance, durability, and weight reduction. These rebars, typically made from fiber-reinforced polymers such as glass fiber (GFRP), basalt fiber (BFRP), or carbon fiber (CFRP), are engineered to address the shortcomings of steel, particularly in aggressive environments like coastal infrastructure, chemical plants, and wastewater systems. Unlike steel, composite rebars do not rust, which eliminates the risk of structural deterioration over time due to corrosion—a major cause of maintenance and failure in concrete structures. As the demand for infrastructure with longer service life and minimal maintenance increases, especially in transportation, marine, and energy sectors, composite rebars are becoming indispensable. Their high tensile strength, combined with significantly lower weight, also simplifies transportation and handling on-site, improving overall project efficiency. With construction projects becoming more demanding in terms of performance, environmental impact, and lifecycle cost, the adoption of composite rebars is rising globally as a strategic shift toward smarter, more sustainable building materials.

How Are Infrastructure and Industrial Applications Accelerating the Use of Composite Rebars?

Composite rebars are seeing an expanding footprint across a broad range of infrastructure and industrial projects due to their distinct advantages under challenging operational conditions. In bridges, tunnels, dams, and marine piers, where exposure to saltwater and de-icing chemicals is common, composite rebars offer enhanced structural integrity over time without the need for costly protective coatings or cathodic protection systems. Water treatment plants and petrochemical facilities are also major adopters, as composite rebars resist the corrosive effects of chlorides, acids, and alkalis better than steel. The energy sector, particularly wind and hydropower, is leveraging composite rebars in foundation elements and concrete support structures where strength-to-weight ratio and longevity are critical. Additionally, governments and infrastructure planners are increasingly specifying the use of composite materials in public infrastructure to lower long-term costs and reduce environmental impacts. In precast concrete products, composite rebars are enabling more durable and lightweight components, accelerating construction timelines and reducing installation risks. With growing emphasis on resilient infrastructure in the face of climate change, seismic activity, and aging asset bases, composite rebars are proving to be an essential material for the future.

What Technological and Manufacturing Advancements Are Enhancing Product Performance and Market Accessibility?

The rapid evolution of material science and manufacturing technologies is making composite rebars more accessible, cost-effective, and tailored to diverse structural needs. Innovations in pultrusion and filament winding processes have significantly improved production efficiency, consistency, and scale, enabling higher output volumes to meet rising global demand. New resin formulations are enhancing the thermal stability, UV resistance, and bonding performance of composite rebars within concrete matrices. At the same time, hybrid composite formulations—combining different fiber types—are being developed to achieve optimal balance between strength, flexibility, and cost. Manufacturers are also focusing on improving the surface geometry of rebars through sand coating or helically wrapped designs to ensure superior mechanical interlock and load transfer with concrete. Standardization efforts by international bodies like ACI (American Concrete Institute) and ASTM are further legitimizing the use of composite rebars in structural applications, giving engineers and contractors greater confidence in specifying them. Digital simulation tools are being increasingly used to model long-term performance under various stress, temperature, and load conditions, streamlining the design and certification process. These advances are driving down unit costs and opening up new applications, particularly in developing economies where material affordability and supply chain efficiency are critical considerations.

What Are the Main Drivers Fueling the Growth of the Global Composite Rebars Market?

The growth in the composite rebars market is driven by several factors related to material innovation, evolving construction practices, and sustainability mandates. A major driver is the widespread deterioration of aging steel-reinforced infrastructure, which has highlighted the limitations of traditional materials and created urgent demand for more durable, corrosion-resistant alternatives. At the same time, the global push toward sustainable construction is encouraging the use of materials that offer longer service life, reduce repair frequency, and contribute to lower carbon footprints—attributes that composite rebars deliver. Technological improvements in fiber production and composite fabrication have also made these rebars more competitively priced and functionally robust, facilitating broader market acceptance. On the demand side, the increasing number of large-scale infrastructure projects, especially in Asia-Pacific and the Middle East, is amplifying the need for reliable reinforcement solutions that can perform in extreme climates and aggressive environments. Furthermore, evolving building codes and regulatory frameworks are beginning to recognize and endorse composite rebars, accelerating their inclusion in civil and industrial specifications. Changing consumer and stakeholder expectations around asset durability, total lifecycle cost, and environmental responsibility are also influencing procurement practices across public and private construction projects. Together, these factors are creating a strong, sustained growth trajectory for composite rebars as they transition from niche innovation to mainstream construction solution.

SCOPE OF STUDY:

The report analyzes the Composite Rebars market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Glass Fiber Reinforced PR, Carbon Fiber Reinforced PR, Basalt Fiber Reinforced PR); End-Use (Construction, Electrical Isolation, Industrial, Marine, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 44 Featured) -

• Armastek
• Aslan FRP (Owens Corning)
• Basanite Industries, LLC
• Black Bar™
• Commercial Metals Company (CMC)
• Dextra Group
• Everest Composites Pvt. Ltd.
• GatorBar
• Henan Zhongsheng Composite Material Co., Ltd.
• IKK Mateenbar
• Kompozit 21
• Marshall Composite Technologies LLC
• Mateenbar Limited
• Pultrall Inc.
• Pultron Composites
• SFTec Inc.
• Schöck Bauteile GmbH
• Sireg Geotech S.r.l.
• Technobasalt-Invest LLC
• V-ROD (Pultrall Inc.)

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