Market Outlook
Global Outlook
for the GFRP Reinforcement Bar Market
The global GFRP rebar market is expected to show steady growth through 2030, with demand rising sharply, particularly in corrosion prevention and durability-focused infrastructure.
From 2024 to 2030, the compound annual growth rate (CAGR) of the GFRP market is projected to be around 11 ~ 12%.
GFRP Rebar International Standards
United States
The American Concrete Institute (ACI) and the American Association of State Highway and Transportation Officials (AASHTO) established design and construction standards for the use of GFRP rebar in the construction sector beginning in 2006.
Canada
The first country to develop and widely apply GFRP standards.
The Canadian Standards Association (CSA) added FRP sections to highway design codes and issued national standards.
Europe
The FIB Code established reinforcement standards for RC structures using FRP rebar.
