| Product Code: ETC4501108 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Singapore FRP bridge market, import trends showed significant growth from 2023 to 2024, with a notable increase of 26.89%. The compound annual growth rate (CAGR) for imports in the period of 2020 to 2024 stood at 65.1%. This upward import momentum can be attributed to the rising demand for advanced infrastructure solutions and the government`s initiatives to enhance transportation networks.
The Singapore FRP (Fiber Reinforced Plastic) bridge market is gaining prominence as a sustainable and long-lasting infrastructure solution. FRP bridges offer benefits such as resistance to corrosion, low maintenance requirements, and impressive load-bearing capabilities. These advantages make FRP bridges a viable alternative to traditional materials like steel and concrete. With Singapore focus on developing modern and resilient infrastructure, the FRP bridge market is expected to see sustained growth and contribute to the country`s sustainable development goals.
The Singapore FRP bridge market is on the rise, propelled by the need for sustainable infrastructure solutions and the government`s commitment to environmental conservation. Fiber-reinforced polymer (FRP) bridges are gaining popularity due to their low maintenance requirements, longevity, and resistance to corrosion, making them an attractive option for the country`s infrastructure development plans. The use of FRP bridges helps reduce the environmental footprint by cutting down on maintenance costs and the need for frequent replacements, aligning with Singapore commitment to sustainability.
The Singapore FRP Bridge Market encounters challenges in terms of structural design and regulatory approvals. Designing FRP bridges that meet safety and load-bearing standards is a complex task. Overcoming these design challenges while ensuring compliance with local regulations and industry standards is crucial. Additionally, competition from conventional bridge materials and convincing stakeholders of the long-term benefits of FRP bridges are ongoing challenges in this market.
The Singapore FRP bridge market experienced challenges due to the COVID-19 pandemic, with construction projects being postponed or delayed. FRP bridges are appreciated for their lightweight, durable, and corrosion-resistant properties. As construction projects resume and infrastructure development gains traction, the FRP bridge market is likely to see a resurgence.
In the realm of Singapore FRP bridge market, several noteworthy players have emerged. Composite Advantage, a subsidiary of Tensar Corporation, has been a prominent supplier of Fiber Reinforced Polymer (FRP) bridges, known for their durability and low maintenance. Creative Pultrusions, with its extensive experience in FRP bridge design and manufacturing, is a vital contributor to the market. Moreover, Kenway Corporation has played a significant role in offering innovative FRP bridge solutions.
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 Singapore FRP Bridge Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore FRP Bridge Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore FRP Bridge Market - Industry Life Cycle |
3.4 Singapore FRP Bridge Market - Porter's Five Forces |
3.5 Singapore FRP Bridge Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Singapore FRP Bridge Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 Singapore FRP Bridge Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Singapore FRP Bridge Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Singapore |
4.2.2 Growing focus on sustainable and durable construction materials |
4.2.3 Government initiatives promoting the use of fiber-reinforced polymer (FRP) bridges |
4.3 Market Restraints |
4.3.1 High initial costs associated with FRP bridge construction |
4.3.2 Limited awareness and understanding of FRP bridges among stakeholders |
4.3.3 Competition from traditional bridge materials like steel and concrete |
5 Singapore FRP Bridge Market Trends |
6 Singapore FRP Bridge Market, By Types |
6.1 Singapore FRP Bridge Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore FRP Bridge Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Singapore FRP Bridge Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.1.4 Singapore FRP Bridge Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2 Singapore FRP Bridge Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 Singapore FRP Bridge Market Revenues & Volume, By Vinylester, 2021-2031F |
6.2.3 Singapore FRP Bridge Market Revenues & Volume, By Polyester, 2021-2031F |
6.3 Singapore FRP Bridge Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Singapore FRP Bridge Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.3.3 Singapore FRP Bridge Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
7 Singapore FRP Bridge Market Import-Export Trade Statistics |
7.1 Singapore FRP Bridge Market Export to Major Countries |
7.2 Singapore FRP Bridge Market Imports from Major Countries |
8 Singapore FRP Bridge Market Key Performance Indicators |
8.1 Percentage of infrastructure projects in Singapore utilizing FRP bridges |
8.2 Number of research and development initiatives focused on improving FRP bridge technology |
8.3 Percentage increase in government funding for FRP bridge projects |
8.4 Adoption rate of FRP bridges in comparison to traditional bridge materials |
8.5 Number of certifications and standards achieved by FRP bridge manufacturers |
9 Singapore FRP Bridge Market - Opportunity Assessment |
9.1 Singapore FRP Bridge Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Singapore FRP Bridge Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 Singapore FRP Bridge Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Singapore FRP Bridge Market - Competitive Landscape |
10.1 Singapore FRP Bridge Market Revenue Share, By Companies, 2024 |
10.2 Singapore FRP Bridge Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |