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Jul 15, 2026

Global Top 25 Companies in GFRP Rebar Market by Transpire Insight

By Transpire Insight


global-top-25-gfrp-rebar-companies

Description

According to a research report published by Transpire Insight, The Global GFRP Rebar Market Size is projected to Grow from USD 0.95 Billion in 2026 to USD 4.43 Billion by 2035, at a CAGR of 16.61% during the forecast period 2026-2035. The market’s expansion can be attributed to the increasing demands for corrosion-resistant construction materials, growing infrastructure rehabilitation activities, expanding applications of composites in reinforcement of marine and transportation infrastructure, and increasing preference for sustainable construction materials. The innovations in manufacturing techniques of composites, favorable government policies for long-life infrastructure, and the increasing awareness about life-cycle cost savings are further driving the growth of the market. Moreover, urbanization, developments in smart cities, and investment in resilient infrastructure in both developed and developing countries will present lucrative growth prospects for the GFRP Rebar Market during the forecast period.

Introduction

The GFRP (Glass Fiber Reinforced Polymer) Rebars Market is based on the development and marketing of non-corroding reinforcement rods made from glass fiber reinforced polymer material. Glass Fiber Reinforced Polymer Rebars are increasingly being employed as a substitute for regular steel rebars in bridges, roads, tunnels, marine structures, parking structures, water treatment plants, and residential buildings because of their high tensile strength, light weight, anti-corrosive properties, and long lifespan. There is rising investment in constructing sustainable infrastructure.

Recent Development News 

  • March 2025: In collaboration with ACI NEx Center of Excellence for Non-metallic Building Materials, by means of its Saudi Arabia branch, to promote the standardization and international application of GFRP rebar in constructions.
  • March 2025: Application of Mateenbar® GFRP rebar in the Tauranga Bridge Marina breakwater in New Zealand to demonstrate the performance of such material in harsh marine environment conditions.

Stay Ahead of Emerging Opportunities with Expert Market Insights by Transpire Insight

The insights that have been shared through this blog are based on intensive market research carried out by Transpire Insight, an advisor that works with many global organizations. Thanks to the analysis of extensive data, forecasts made by our specialists, and industry intelligence, our reports allow clients to find strategic growth opportunities in dynamically developing industries. For all those who would like to get more detailed information regarding market segmentation, competitive analysis, regional outlooks, and future investment tendencies, there is no doubt that our full report will be of great value.

Download the exclusive GFRP Rebar Market sample report today to uncover expert insights, emerging trends, and the opportunities defining the future of the industry.

GFRP Rebar Market Size & Statistics

  • Market Size of the GFRP Rebar Market was projected to be USD 0.95 billion in 2026. 
  • The Market is Expected to Grow at a CAGR of 16.61% from 2026 to 2035. 
  • The Market Size of the Global GFRP Rebar Market Size is expected to be USD 4.43 billion in 2035.
  • North America is expected to have the largest demand share during the forecast period, representing about 41% of the GFRP Rebar Market, on account of massive investments being made in bridge renovation, infrastructural modernization, marine constructions, and usage of corrosion-resistant composite reinforcements in the U.S. and Canada.
  • The fastest growth is expected to be recorded in the Asia-Pacific region during the forecast period, holding around 34% share of the GFRP Rebar Market, due to high rate of urbanization, development of infrastructure, increased investments in smart cities, and usage of durable building materials in countries like China, India, Japan, South Korea, and Southeast Asia.

Regional Growth and Demand Analysis by Transpire Insight:

North America holds the most significant position in the GFRP Rebar Market, holding around 41% of the market share. The dominance of the region can be attributed to high spending on infrastructure, bridge repair work, marine structures, and water treatment facilities where GFRP rebar is highly useful. Adoption of GFRP rebar is being driven by strict durability standards of infrastructure, positive building codes, rising awareness regarding life-cycle cost savings, and the presence of many composite material manufacturers and technology providers in the US and Canada.

Asia-Pacific is set to hold the fastest-growing position throughout the forecast period owing to urbanization, rising constructions, and government spending in highway, bridge, railway, port, and smart city projects. Countries like China, India, Japan, South Korea, and Australia have been witnessing the increased use of GFRP rebar because of improving infrastructure durability and lower maintenance costs along with sustainable constructions.

Top 15 Trends in the GFRP Rebar Market

  1. Increasing Adoption of Corrosion-Resistant Reinforcement Materials 
  2. Growing Investment in Bridge Rehabilitation and Infrastructure Modernization 
  3. Expansion of Marine and Coastal Construction Applications 
  4. Rising Demand for Lightweight Composite Reinforcement Solutions 
  5. Growing Adoption of Sustainable and Low-Maintenance Construction Materials 
  6. Advancements in Pultrusion Manufacturing Technologies 
  7. Expansion of GFRP Rebar in Water Treatment Infrastructure 
  8. Increasing Government Support for Durable Infrastructure Projects 
  9. Growing Use of GFRP Rebar in Tunnel and Underground Construction 
  10. Development of High-Strength and High-Modulus Composite Rebars 
  11. Increasing Adoption in Seismic-Resistant Structures 
  12. Expansion of Smart City and Urban Infrastructure Projects 
  13. Growing Standardization and Regulatory Acceptance of FRP Reinforcement 
  14. Rising Demand for Non-Magnetic Reinforcement in Specialized Structures 
  15. Increasing Research and Development in Advanced Composite Construction Materials 

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1. Increasing Adoption of Corrosion-Resistant Reinforcement Materials

There is increasing need for durable infrastructure, leading to increasing use of GFRP rebar, as it provides an excellent corrosion resistance solution to steel reinforcement. The GFRP is resistant to corrosion from moisture, chemicals, and saltwater, and thus, it is the best material to use in constructions such as bridges, marine structures, tunnels, parking garages, and water treatment plants.

2. Growing Investment in Bridge Rehabilitation and Infrastructure Modernization

The governments throughout the world have been making huge investments in the maintenance and updating of their old bridges and transport infrastructure. Increasingly, GFRP rebar is chosen due to its durability and superior structural characteristics. This tendency is especially prevalent in nations that are engaged in infrastructure construction that is sustainable.

3. Expansion of Marine and Coastal Construction Applications

There are several types of marine construction projects which are now employing GFRP reinforcements due to their outstanding resilience against salt water corrosion. In view of the rising trend of coastal construction projects worldwide, it is becoming common practice to use GFRP bars in order to enhance the longevity of structures without the need for future maintenance.

4. Rising Demand for Lightweight Composite Reinforcement Solutions

The construction industry is becoming more inclined towards the use of composite light weight materials for transportation efficiency, shorter installation times, and reduced labor costs. The GFRP rebar is much lighter than steel but offers great tensile strength and is therefore easy to handle at construction sites.

5. Growing Adoption of Sustainable and Low-Maintenance Construction Materials

Sustainability has become a key concern in the construction industry worldwide and there is a need for construction materials that have reduced impacts on the environment as well as increased longevity. GFRP rebar plays a role in sustainable construction through reducing repair intervals, material replacements, and ultimately carbon footprints.

6. Advancements in Pultrusion Manufacturing Technologies

Constant development in the pultrusion process technology increases the strength, precision, and efficiency in the production of GFRP rebar. Resin and glass fiber technology is being developed to optimize their mechanical properties for mass production, making GFRP reinforcement very competitive compared to traditional steel reinforcement.

Top 25 Companies Leading the GFRP Rebar Market

  1. Pultron Composites
  2. Dextra Group
  3. Schöck Bauteile GmbH
  4. FiReP Group
  5. Owens Corning
  6. Composite Group Chelyabinsk
  7. B&B FRP Manufacturing Inc.
  8. Kodiak Fiberglass Rebar LLC
  9. Exel Composites
  10. Mateenbar USA Inc.
  11. Pultrall Inc.
  12. Hughes Brothers Inc.
  13. Marshall Composite Technologies LLC
  14. Technobasalt-Invest LLC
  15. Sireg Geotech S.r.l.
  16. Armastek
  17. Aslan FRP
  18. BP Composites Ltd.
  19. Nanjing Fenghui Composite Materials Co., Ltd.
  20. Jiangsu ChemLead New Material Co., Ltd.
  21. Captrad Ltd.
  22. Aeron Composite Ltd.
  23. SFTec Inc.
  24. Fiberline Composites A/S
  25. Krempel GmbH

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1. Pultron Composites

Pultron Composites is an international company known to be a producer of composite materials, including GFRP reinforcement systems for infrastructural and construction purposes.

Founded: 1981 | Headquarters: Gisborne, New Zealand

Why It Ranks: Known to be one of the world’s leading composite reinforcement systems producers.

Regional Dominance: Strong presence in Asia-Pacific, North America, and Europe regions.

Product line: GFRP rebars, composite structural profiles, bridge reinforcement systems, and infrastructural composites.

Recent Development: Increased production of high-quality composite reinforcement products in 2025.

2. Dextra Group

Dextra Group offers reinforcement and construction engineering solutions for massive infrastructural projects on a global scale.

Founded: 1983 | Headquarters: Bangkok, Thailand

Why It Ranks: Large-scale supplier of composite reinforcement systems around the world.

Regional Dominance: Leading presence in the Asia-Pacific, the Middle East, Europe, and Africa.

Product Line: GFRP reinforcement bars, reinforcement couplers, post-tensioning systems, and geotechnical reinforcement systems.

Recent Development: GFRP reinforcement system application in transport and marine infrastructure projects in 2025.

3. Schöck Bauteile GmbH

Thermal insulation solutions for energy-efficient structures are developed by Schöck Bauteile GmbH, along with other innovative structural reinforcement solutions.

Founded: 1962 | Headquarters: Baden-Baden, Germany

Why It Ranks: Leader in Europe in innovation in composite reinforcement and thermal break products.

Regional Dominance: Well-established company with strong geographical reach across Europe and even internationally.

Product Line: Composite reinforcement bars, thermal breaks, balcony connection systems, and structural reinforcement solutions.

Recent Development: Launched composite reinforcement solutions for sustainable building construction in 2025.

4. FiReP Group

FiReP Group produces fiber reinforced polymer reinforcement materials used in concrete constructions.

Founded: 1998 | Headquarters: Italy

Why It Ranks: Company specializes in FRP reinforcement technologies only.

Regional Dominance: Established position in Europe and the Middle East regions.

Product Line: Glass FRP rebar, basalt FRP rebar, carbon FRP reinforcement, and composite products.

Recent Development: Development of composite reinforcement systems that resist corrosion in rehabilitation of infrastructure in 2025.

5. Owens Corning

Owens Corning is an international construction materials and composites firm offering glass fiber products to various industrial sectors.

Founded: 1938 | Headquarters: Toledo, Ohio, USA

Why It Ranks: Key provider of glass fiber materials utilized in the production of composite reinforcements.

Regional Dominance: Dominant in North America, Europe, and the Asia-Pacific region.

Product Line: Glass fiber reinforcements, composite materials, insulation products, roofing materials, and infrastructure composites.

Recent Development: Offered improved glass fiber products for composite reinforcement applications in 2025.

6. Composite Group Chelyabinsk

Composite Group Chelyabinsk produces composite reinforcement products used in the construction, transport, and infrastructure industries.

Founded: 2007 | Headquarters: Chelyabinsk, Russia

Why It Ranks: One of the biggest composite reinforcement manufacturers in Eastern Europe.

Regional Dominance: Dominant presence in Eastern Europe and Central Asia.

Product Line: GFRP rebar, composite mesh, composite anchorages, and structural reinforcement products.

Recent Development: Increased manufacturing capability for large-diameter GFRP reinforcement products in 2025.

7. B&B FRP Manufacturing Inc.

B&B FRP Manufacturing Inc. is an industry-leading manufacturer of FRP reinforcement products for concrete and infrastructural uses.

Founded: 2000 | Headquarters: Canada

Why It Ranks: Leading North American provider of FRP reinforcement solutions that prevent corrosion.

Regional Dominance: Dominant market player in North America.

Product Line: GFRP bars, FRP mesh, composite dowels, and infrastructure reinforcement products.

Recent Development: Secured new supply contracts for bridge and highway rehabilitation projects in 2025.

8. Kodiak Fiberglass Rebar LLC

Kodiak Fiberglass Rebar LLC produces fiberglass reinforcement products that have been developed to resist corrosion in concrete constructions.

Founded: 2010 | Headquarters: Texas, USA

Why It Ranks: Known as a company providing reinforced fiberglass solutions.

Regional Dominance: High dominance within North America.

Product Line: GFRP rebars, fiberglass reinforcement systems, marine reinforcement products, and concrete reinforcement products for industries.

Recent Development: Recently increased distribution of GFRP rebars for use in marine structures in 2025.

9. Exel Composites

Exel Composites is a worldwide supplier of pultruded and composite materials to various industries such as infrastructure, transportation, and industry.

Founded: 1960 | Headquarters: Vantaa, Finland

Why It Ranks: Leading worldwide producer of pultruded composite products.

Regional Dominance: Significant market presence in Europe, North America, and Asia-Pacific.

Product Line: Pultruded composite products, GFRP reinforcing products, structural composites, and infrastructure solutions.

Recent Development:Increased manufacture of composite products for infrastructure reinforcement applications by 2025.

10. Mateenbar USA Inc.

Mateenbar USA Inc. manufactures and provides GFRP reinforced materials for sustainable concrete building.

Founded: 2016 | Headquarters: Texas, USA

Why It Ranks: Rapidly growing company with emphasis on reinforcement composite technologies.

Regional Dominance: Dominant in North America and expanding internationally.

Product Line: GFRP rebar, composite reinforcement solutions, bridge reinforcement products, and marine construction solutions.

Recent Development: Commercialized high strength GFRP reinforced products for transport infrastructure projects in 2025.

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Conclusion

The GFRP Rebar Market is anticipated to witness high growth through the forecast period, backed by the rising demands for corrosion resistant, lightweight, and high strength reinforcements that can be used in current infrastructure developments. The rising investments being made in bridges, highways, marine constructions, tunnels, water treatment plants, and sustainable construction are boosting the utilization of GFRP rebar as a substitute for traditional steel reinforcements. Advancements in the technology associated with the manufacturing of pultrusion products, along with the increasing importance of lifecycle cost savings and stringent standards for durability of infrastructure, are adding to the growth of the market. Key players such as Pultron Composites, Dextra Group, Schöck Bauteile GmbH, FiReP Group, Owens Corning, Composite Group Chelyabinsk, B&B FRP Manufacturing Inc., Kodiak Fiberglass Rebar LLC, Exel Composites, and Mateenbar USA Inc. are constantly working towards improving their product range, manufacturing capabilities, and global reach in order to enhance their position in the market.

About the Authors


Chakradhar Khansole Author TI

Chakradhar Khansole

Chakradhar serves as the Research Director at Transpire Insight, bringing over 8 years of experience in technology, innovation, and strategic market intelligence. He specializes in transforming complex market data into actionable business insights that enable organizations to make informed, growth-oriented decisions. Recognized for his strategic vision and analytical expertise, Chakradhar leads high-impact research initiatives, delivering comprehensive market assessments, competitive intelligence, and forward-looking industry analysis.

Kartik Bhong Author TI

Kartik Bhong

Dr. Kartik bhong serves as the Senior Manager at Transpire Insight, bringing over 6+ years of experience in market research, strategic consulting, and business intelligence, complemented by a Ph.D. in Market Research and Strategic Management. With extensive expertise in primary and secondary research, quantitative and qualitative analysis, and industry forecasting, he has successfully led complex, multi-sector research engagements for global clients.

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