The report [138 pages] "FRP Bridge Market by Fiber Type (Glass Fiber, Carbon Fiber), Resin (Vinylester, Polyester), Manufacturing Process (Pultrusion, Hand Lay-Up), Application (Deck, Girders, Rebars), Bridge Type (Vehicular, Pedestrian), Region - Global Forecast to 2021", The FRP bridge market was valued at USD 50.1 Million in 2015 and is projected to reach USD 72.5 Million by 2021, at a CAGR of 6.40% between 2016 and 2021. The excellent properties of FRP materials, such as corrosion resistance, lightweight, and high strength, have contributed to the high growth of the FRP bridge market.

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The FRP bridge market is segmented by bridge type into pedestrian bridge and vehicular bridge. FRP materials are used to manufacture these two types of bridge across the world. The vehicular type of bridge dominates the FRP bridge market globally. The ease of installation and ease of maintenance provided by the utilization of FRP materials have supported the growth of the vehicular bridge segment globally.

 The applications of FRP materials in bridge include decks, rebars, girders, and others. The decks demand the highest consumption of FRP materials as the use of FRP composite materials in them offer high resistance to corrosion and high strength to weight ratio. Thus, by application, the deck segment is projected to dominate the FRP bridge market globally during the forecast period.

 Based on fiber type, the FRP bridge market is segmented as glass fiber, carbon fiber, and other fibers. The other fibers used in this market include basalt fiber, aramid fiber, and natural fiber. The glass fiber segment of the market is projected to grow at the highest rate during the forecast period as glass fibers are cheaper and readily available compared to carbon fibers.

 The major players in the FRP bridge market include FiberCore Europe (Netherlands), Fiberline Composites A/S (Denmark), Strongwell Corporation (U.S.), Creative Pultrusions, Inc. (U.S.), and Bedford Reinforced Plastics (U.S.), among others. These players adopted various organic and inorganic growth strategies to increase their market share and global presence in the FRP bridge market.

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