FRP Rebar Market to Hit USD 1.63 Billion by 2031 Amid Rising Demand for Corrosion-Resistant Reinforcement Solutions
The global FRP Rebar Market is set to experience strong growth, projected to rise from USD 0.69 billion in 2023 to USD 1.63 billion by 2031, expanding at a CAGR of 11.2% during the forecast period. This surge is primarily driven by the increasing use of fiber-reinforced polymer (FRP) bars in construction due to their exceptional corrosion resistance and lightweight nature. FRP rebars are...
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