Fibre Reinforced Plastic (FRP) Bridge Market by Fibre Type (Glass Fibre, Carbon Fibre), by Resin (Vinyl ester, Polyester), by Manufacturing Process (Pultrusion, Hand Lay-Up), by Application (Deck, Girders, Rebars), by Bridge Type (Vehicular, Pedestrian), & by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2024 to 2029)

Updated On: January, 2024
ID: 8233
Pages: 175

Fibre Reinforced Plastic (FRP) Bridge Market Size (2023-2028)

Fibre Reinforced Plastic (FRP) Bridge Market was $61.46 million in 2022 and is expected to be around $83.72 million in 2028 with a current CAGR of 8.47%.

Fibre Reinforced Plastic (FRP) Bridge Market Drivers & Restraints:

Technological advancements have led to an increase in the use of FRP materials in the construction industry, automobile industry & aerospace industry. The excellent properties of Fibre Reinforced Plastic (FRP) materials such as corrosion resistance, lightweight, and high strength are some of the important factors that have led to the rapid growth of the market in recent times. FRP composites are being used in the construction of prefabricated sections. These sections have improved flexural strength, flexibility & workability. They are easy to use & are cost-effective. The stringent environmental policies & lack of technology transfer are some of the factors that are inhibiting the market’s growth.

FIBRE REINFORCED PLASTIC (FRP) BRIDGE MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

8.47%.

Segments Covered

  • By Fibre Type
  • By Resin
  • By Manufacturing Process
  • By Application
  • By Bridge Type
  • By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Market Leaders Profiled

  1. A/S (Denmark)
  2. Strongwell Corporation (United States of America)
  3. Creative Pultrusions, Inc. (United States of America)
  4. Bedford Reinforced Plastics (United States of America).

 

Market Segmentation:

By Fibre Type:

  • Glass Fibre

  • Carbon Fibre

By Resin:

  • Vinyl Ester

  • Polyester

By Manufacturing Process:

  • Pultrusion

  • Hand Lay-Up

By Application:

  • Deck

  • Girders

  • Rebars

By Bridge Type:

  • Vehicular

  • Pedestrian

By Region:

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa

North America is the fastest-growing market due to the increase in demand from the growing construction, automobile, & aerospace & defence industries. The United States of America is one of the largest players in the region.

Recent Developments:

Recently an experimental study was conducted to characterize the dynamic properties of an – Fibre Reinforced Plastic (FRP) truss bridge. The experiment was conducted on a 25 m-long glass-FRP truss footbridge in Italy. Vibration tests were conducted to test the dynamic properties of the truss structure. 

The peak-picking method and stochastic subspace identification approach were used to evaluate modal parameter identification. Recently Department of Roads and Bridges, Rzeszow University of Technology, Rzeszow, Poland conducted a test to evaluate the stiffness & strength of a novel Fibre Reinforced Plastic (FRP) sandwich panel for bridge re-decking.

The test was conducted to test the stiffness & strength of the bridge panel so that they can be used for re-decking bridges that are in poor conditions. The results showed that the panels had appropriate stiffness and load-carrying capacity which is quite similar to the performance characteristics of other FRP bridge decks. A study was done to optimize prestressed fibre-reinforced polymer shells for composite bridge decks. 

The finite element method was used to study geometric parameters including cross-section shape, arch radius, and the number of arches. The stress monitored during loading cycles indicated a superior integrated behaviour of the FRP shell and prestressed FRP laminates. Furthermore, the load-displacement relationship of the prestressed composite bridge deck showed very high loading capacity and small deflection at the serviceability limit state.

Key Market Players:

  1. A/S (Denmark)

  2. Strongwell Corporation (United States of America)

  3. Creative Pultrusions, Inc. (United States of America)

  4. Bedford Reinforced Plastics (United States of America)

Strongwell Corporation (United States of America) has released new prefabricated bridge panels known as COMPOSITE. COMPOSOLITE® is a patented advanced composite building panel system suitable for major load-bearing structural applications. The modular construction system consists of a small number of interlocking fibre-reinforced polymer (FRP) structural components produced by the pultrusion process.

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