FRP Rebar Companies

The FRP rebar market is projected to grow from USD 0.69 billion in 2025 to USD 1.19 billion by 2030, at a CAGR of 11.5% during the forecast period.

The growth of the FRP rebar market is driven by increasing government regulations and standards aimed at improving infrastructure durability and sustainability. In countries such as the United States, Canada, Japan, and several European Union member states, regulatory agencies and transportation authorities have begun to approve or even mandate the use of non-corrosive products like FRP rebar in critical infrastructure projects, including tunnels, marine structures, and bridges. These initiatives stem from the high costs and safety risks associated with corrosion in conventional steel reinforcement. Additionally, organizations such as the American Concrete Institute (ACI) and the Canadian Standards Association (CSA) have established specific codes and design guidelines for FRP rebar, further endorsing its use in structural engineering. As governments worldwide aim for more durable and low-maintenance infrastructure, the demand for FRP rebar continues to rise, making it a vital material in modern construction.

FRP Rebar Companies

Prominent companies include Dextra Group (Thailand), Pultron Composites (New Zealand), Pultrall Inc. (Canada), Schöck Bauteile GmbH (Germany), Sireg S.P.A. (Italy), Kodiak Fiberglass Rebar (US), Neuvokas Corporation (US), Röchling Group (Germany), Armastek (Russia), TUF Bar (Canada), ARC Insulations & Insulator Ltd. (India), Jindal Advanced Materials (India), SKD Composites (India), Galen Composites (Russia), and ICSC (Saudi Arabia).

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The Dextra Group (Thailand)

Dextra Group is a world leader in the production of GFRP rebar, providing innovative products such as ASTEC and Durabar with high tensile strength, lightweight, and corrosion-resistant substitutes for conventional steel reinforcement. Dextra has provided GFRP products with more than 30 years of experience in thousands of large infrastructure projects globally for both new buildings and strengthening structures. The firm has wholly owned, ISO-certified manufacturing plants in Thailand, China, and India, with tight quality control and door-to-door delivery across continents.

Pultron Composite (New Zealand)

Pultron Composites, founded in 1981 and based in Gisborne, New Zealand, is a world leader in the FRP rebar industry with expertise in designing and producing high-performance GFRP composites utilizing sophisticated pultrusion technology. The company’s trademark product is the Mateenbar. Pultron offers long-lasting, corrosion-proof, and environmentally friendly alternatives to steel reinforcement, catering to infrastructure, marine, and industrial markets globally. With its high emphasis on innovation and tailored solutions, Pultron’s GFRP rebar is utilized in large-scale construction projects in over 20 countries and is praised for its conformity to international standards and capacity to lengthen the lifespan of concrete structures in hostile environments.

Armastek (Russia)

Armastek, founded in 2007 with headquarters in Perm, Russia, is a dominant producer of FRP rebar with expertise in the production of GFRP and BFRP rebar and mesh. Armastek has production facilities in Russia and Slovakia and offers high-strength, corrosion-resistant composite reinforcement solutions for diverse civil, transport, hydraulic, and special construction works. Its own proprietary technology and strict quality control have helped the company establish a robust global footprint, providing certified composite rebar products to customers in Europe, Asia, Africa, and other countries.

Pultrall Inc. (Canada)

Pultrall Inc., established in 1987 and headquartered in Thetford Mines, Canada, is a manufacturer of composite material components via the pultrusion process with emphasis on the FRP rebar market through its patented product, V-ROD. V-ROD is a GFRP rebar consisting of high-strength glass fibers blended with a corrosion-resistant vinyl ester resin, providing higher tensile strength, light handling (four times lighter than steel), and superior durability in severe chemical and alkaline conditions. The success of V-ROD has been a key driving force for Pultrall, which has been able to double its sales since 2005, backed by innovations such as a continuous bar coating process that provides a roughened surface for improved concrete bonding. Pultrall’s dominant market position has also been strengthened by recent strategic investments to drive growth and increase its presence in the global FRP rebar market.

FRP REBAR MARKET: MARKET RANKING

The FRP rebar industry is extremely competitive, with the top five accounting for around 30–40% of the market share. At the forefront of the industry is Dextra Group, a Thailand-based entity whose FRP rebar products “Durabar” and “Astec” find extensive application in international infrastructure projects because of their international standards and high quality. After Dextra is New Zealand-based Pultron Composites, famous for its flagship brand “Mateenbar,” extensively used in corrosive conditions and large-scale projects in the Middle East and North America. Russian giant Armastek dominates the market with its “Armastek GFRP” products, which are well-known for their high mechanical properties and increasing global acceptance. These firms, among others, such as Pultrall (brand: V-Rod) and Schöck Bauteile GmbH, are leading the development of the FRP rebar market with innovation, quality, and international growth.

Related Reports:

FRP Rebar Market by Fiber Type (Carbon Fiber, Glass Fiber, Basalt Fiber), Resin Type (Vinyl Ester, Epoxy, Other Resin Types), Diameter (< 10 mm, 10–20 mm, > 20 mm), Surface Treatment (Sand Coated, Ribbed, Others), Tensile Strength (Low strength (500 MPa), Medium Strength (500-1000 MPa), High Strength (> 1000 MPa)), Application (Highway, Bridges, & Buildings, Marine Structure & Waterfront, Water Treatment Plants, Other Applications), & Region - Global Forecast to 2030