GFRP Rebar Market Projections 2032: Industry Trends & Revenue Growth
The market, The global market size for Glass Fiber Reinforced Polymer (GFRP) Rebar was valued at approximately $1.2 billion in 2023 and is expected to reach around $3.8 billion by 2032, reflecting a robust Compound Annual Growth Rate (CAGR) of 13.5% over the forecast period. This growth is attributed to the rising need for lightweight and durable alternatives to traditional steel rebar, coupled with advancements in composite material technologies.
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