Composite Rebars - Global Strategic Business Report

The global market for Composite Rebars was estimated at US$105.7 Million in 2024 and is projected to reach US$121.7 Million by 2030, growing at a CAGR of 2.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Composite Rebars market.

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.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Glass Fiber Reinforced PR segment, which is expected to reach US$74.0 Million by 2030 with a CAGR of a 2.2%. The Carbon Fiber Reinforced PR segment is also set to grow at 2.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $28.8 Million in 2024, and China, forecasted to grow at an impressive 4.4% CAGR to reach $23.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Composite Rebars Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Composite Rebars Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Composite Rebars Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Armastek, Aslan FRP (Owens Corning), Basanite Industries, LLC, Black Bar™, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 44 companies featured in this Composite Rebars market report include:

• 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.)

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.