Product Code: ETC4505371 | 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 | |
Fiber Reinforced Polymer (FRP) rebar is gaining prominence in the construction sector in Vietnam due to its corrosion resistance and durability. As infrastructure projects continue to rise, the demand for FRP rebar as a reinforcement material in concrete structures is increasing. The Vietnam FRP Rebar market is poised for growth as construction practices evolve to prioritize longevity and sustainability.
The Vietnam Fiber-Reinforced Polymer (FRP) Rebar market is thriving due to its numerous advantages in construction applications. FRP rebar, known for its high strength, corrosion resistance, and lightweight nature, has gained popularity in the construction industry as a replacement for traditional steel reinforcement. With a strong focus on infrastructure development and the construction of durable structures, FRP rebar is increasingly being used in bridges, highways, and buildings. Its resistance to corrosion, even in harsh coastal environments, ensures the longevity of structures. The government`s investment in infrastructure projects and policies promoting the use of sustainable construction materials are contributing to the market`s growth. Additionally, the construction sector`s shift towards green and environmentally friendly building practices aligns with the use of FRP rebar, as it reduces the carbon footprint and enhances the durability of constructions.
The FRP Rebar market in Vietnam grapples with challenges that impact its growth and adoption. The traditional dominance of steel reinforcement in construction poses a hurdle for the widespread acceptance of FRP Rebar. Market players need to educate and create awareness among construction professionals and stakeholders about the long-term benefits and durability of FRP Rebar. Additionally, variations in construction standards and codes can create complexity, requiring manufacturers to navigate a diverse regulatory landscape.
The FRP rebar market in Vietnam has faced challenges due to the COVID-19 pandemic. Construction projects were delayed, and the overall demand for construction materials, including FRP rebars, experienced a downturn. As the construction sector rebounds, there is an increasing emphasis on resilient and corrosion-resistant materials, providing opportunities for the FRP rebar market to regain momentum.
Within the Vietnam FRP Rebar market, industry leaders such as Hughes Brothers, Inc. and Owens Corning bring their global expertise in fiber-reinforced polymer solutions. Domestic manufacturers like Vietnam FRP Corporation (VINCORP) also play a significant role, ensuring a robust market with a combination of international and local contributions.
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 Vietnam FRP Rebar Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam FRP Rebar Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam FRP Rebar Market - Industry Life Cycle |
3.4 Vietnam FRP Rebar Market - Porter's Five Forces |
3.5 Vietnam FRP Rebar Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Vietnam FRP Rebar Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Vietnam FRP Rebar Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam FRP Rebar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam FRP Rebar Market Trends |
6 Vietnam FRP Rebar Market, By Types |
6.1 Vietnam FRP Rebar Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam FRP Rebar Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 Vietnam FRP Rebar Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Vietnam FRP Rebar Market Revenues & Volume, By Carbon , 2021-2031F |
6.1.5 Vietnam FRP Rebar Market Revenues & Volume, By Basalt, 2021-2031F |
6.2 Vietnam FRP Rebar Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam FRP Rebar Market Revenues & Volume, By Vinyl Easter, 2021-2031F |
6.2.3 Vietnam FRP Rebar Market Revenues & Volume, By Epoxy, 2021-2031F |
6.3 Vietnam FRP Rebar Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam FRP Rebar Market Revenues & Volume, By Highway, Bridges & Buildings, 2021-2031F |
6.3.3 Vietnam FRP Rebar Market Revenues & Volume, By Marine Structurers & Waterfronts, 2021-2031F |
6.3.4 Vietnam FRP Rebar Market Revenues & Volume, By Water Treatment Plant, 2021-2031F |
6.3.5 Vietnam FRP Rebar Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam FRP Rebar Market Import-Export Trade Statistics |
7.1 Vietnam FRP Rebar Market Export to Major Countries |
7.2 Vietnam FRP Rebar Market Imports from Major Countries |
8 Vietnam FRP Rebar Market Key Performance Indicators |
9 Vietnam FRP Rebar Market - Opportunity Assessment |
9.1 Vietnam FRP Rebar Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Vietnam FRP Rebar Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Vietnam FRP Rebar Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam FRP Rebar Market - Competitive Landscape |
10.1 Vietnam FRP Rebar Market Revenue Share, By Companies, 2024 |
10.2 Vietnam FRP Rebar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |