Early buyers will receive 10% customization on reports.
Deck is the largest application segment of the FRP bridge market
By application, the deck segment is estimated to account for the largest share of the FRP bridge market. This segment is also projected to dominate the FRP bridge market globally during the forecast period. The use of FRP materials in decks offer them with high corrosion resistance, high strength to weight ratio, and effortless installations.
The glass fiber segment accounts for the largest share of the FRP bridge market
The market for glass fiber composites is expected to grow at the highest CAGR from 2016 to 2021. Good strength, chemical resistance, and stiffness offered by glass fibers, as well as their easy availability and cost effectiveness, are key factors accelerating the demand for glass fiber composites.
North America accounts for the major share of the FRP bridge market
The FRP bridge market is expected to witness the highest growth in the North American region during the forecast period. Several key market players, such as Strongwell Corporation (U.S.), Creative Pultrusions, Inc. (U.S.), and Bedford Reinforced Plastics (U.S.), among others, are present in this region. The growth of the FRP bridge market in the North American region can be attributed to the presence of these prominent players.
Support of the government as well as the aid provided by construction agencies, such as the Federal Highway Administration (FHWA), have significantly contributed to the growth of the FRP bridge market in the U.S.
Some of the key players in the FRP bridge market include Strongwell Corporation (U.S.), Creative Pultrusions, Inc. (U.S.), Bedford Reinforced Plastics (U.S.), and Fiberline Composites A/S (Denmark). These players have adopted various organic and inorganic developmental strategies, such as new product development, expansion, agreement, and partnership, between the year 2011 and 2016.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
