Product Code: ETC4505367 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Malaysia FRP (Fiber Reinforced Polymer) rebar market is growing rapidly as it addresses the shortcomings of traditional steel rebar, offering corrosion resistance and increased durability in construction projects. The market is experiencing substantial adoption in infrastructure development.
The FRP rebar market in Malaysia is experiencing significant growth, primarily due to several driving factors. Firstly, the increasing awareness about the benefits of fiberglass reinforced polymer (FRP) rebars, such as their high corrosion resistance, lightweight nature, and superior strength-to-weight ratio, has led to their widespread adoption in construction projects. FRP rebars offer a longer service life compared to traditional steel rebars, especially in corrosive environments, making them a preferred choice for infrastructure development. Additionally, the construction industry`s shift towards sustainable and long-lasting materials has further fueled the demand for FRP rebars. Ongoing investments in infrastructure projects and the need for durable, low-maintenance construction materials are expected to sustain the market`s growth in the foreseeable future.
The Malaysia FRP (Fiber Reinforced Polymer) Rebar market faces challenges related to market acceptance and awareness. Traditional steel reinforcement has a long-established presence in the construction industry, making it a well-entrenched choice. Convincing stakeholders of the benefits of FRP rebar in terms of corrosion resistance, longevity, and reduced maintenance costs requires extensive education and demonstration. Moreover, ensuring that FRP rebar meets or exceeds industry standards and building codes is crucial for its widespread adoption.
The FRP rebar market in Malaysia encountered challenges during the COVID-19 pandemic. Construction projects experienced delays and in some cases, suspension, leading to a reduced demand for FRP rebars. The initial disruption was primarily attributed to lockdown measures, supply chain disruptions, and labor shortages. However, as restrictions eased and construction activities resumed, the market gradually regained momentum. Additionally, the emphasis on sustainable and corrosion-resistant materials in construction further bolstered the demand for FRP rebars.
Leading Players in the Malaysia FRP (Fiber Reinforced Polymer) rebar market include Hughes Brothers, Inc., Schoeck Group, and Pultrall Inc. These companies specialize in manufacturing and supplying FRP rebars, which are increasingly being used in construction projects across Malaysia due to their durability and corrosion resistance. Their contributions to the adoption of FRP rebars in the construction industry make them significant players in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia FRP Rebar Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia FRP Rebar Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia FRP Rebar Market - Industry Life Cycle |
3.4 Malaysia FRP Rebar Market - Porter's Five Forces |
3.5 Malaysia FRP Rebar Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Malaysia FRP Rebar Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Malaysia FRP Rebar Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia FRP Rebar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia FRP Rebar Market Trends |
6 Malaysia FRP Rebar Market, By Types |
6.1 Malaysia FRP Rebar Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia FRP Rebar Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Malaysia FRP Rebar Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Malaysia FRP Rebar Market Revenues & Volume, By Carbon , 2021-2031F |
6.1.5 Malaysia FRP Rebar Market Revenues & Volume, By Basalt, 2021-2031F |
6.2 Malaysia FRP Rebar Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Malaysia FRP Rebar Market Revenues & Volume, By Vinyl Easter, 2021-2031F |
6.2.3 Malaysia FRP Rebar Market Revenues & Volume, By Epoxy, 2021-2031F |
6.3 Malaysia FRP Rebar Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia FRP Rebar Market Revenues & Volume, By Highway, Bridges & Buildings, 2021-2031F |
6.3.3 Malaysia FRP Rebar Market Revenues & Volume, By Marine Structurers & Waterfronts, 2021-2031F |
6.3.4 Malaysia FRP Rebar Market Revenues & Volume, By Water Treatment Plant, 2021-2031F |
6.3.5 Malaysia FRP Rebar Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia FRP Rebar Market Import-Export Trade Statistics |
7.1 Malaysia FRP Rebar Market Export to Major Countries |
7.2 Malaysia FRP Rebar Market Imports from Major Countries |
8 Malaysia FRP Rebar Market Key Performance Indicators |
9 Malaysia FRP Rebar Market - Opportunity Assessment |
9.1 Malaysia FRP Rebar Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Malaysia FRP Rebar Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Malaysia FRP Rebar Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia FRP Rebar Market - Competitive Landscape |
10.1 Malaysia FRP Rebar Market Revenue Share, By Companies, 2024 |
10.2 Malaysia FRP Rebar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |