US Glass Fiber Reinforced Plastic Composite (GFRP) for Bridge Construction Market

The US glass fiber reinforced plastic composite (GFRP) for bridge construction market accounted for US$ 86.64 million in 2022 and is expected to reach US$ 134.40 million by 2030; the market is estimated to record a CAGR of 5.6% from 2022 to 2030.

Market Introduction

Glass fiber reinforced plastic composites are made by using technologies such as injection molding, compression molding, pultrusion, resin infusion, spray-up, filament winding, and others. Composite manufacturers provide customized solutions to meet the technical demand for products. Various combinations of materials, manufacturing processes, and technologies involved in producing glass fiber reinforced plastic composites offer an almost unlimited range of possibilities for end-users.

In the US, the construction industry is one of the major industries. Increasing investments and government initiatives for developing public infrastructure drive the growth of the US construction industry. In the US, the construction of new bridges and repair, rehabilitation, and replacement of old bridges are increasing. In the country, the Department of Transportation (DOT) launched the new Bridge Formula Program in January 2022. The program has offered funding to repair bridges for states, tribes, and territories over five years. Thus, the growing new bridge construction and old bridge repair, rehabilitation, and/or replacement activities across the US fuel the glass fiber reinforced plastic composites for bridge construction market growth in the country. 

Key Market Segments

Based on technology, the US glass fiber reinforced plastic composite (GFRP) for bridge construction market is segmented into injection molding, filament winding, spray-up, pultrusion, compression molding, resin infusion, and others. The spray-up segment accounted for the largest US glass fiber reinforced plastic composite (GFRP) for bridge construction market share in 2022. The spray lay-up technology is faster than the hand lay-up technology but produces a less uniform product. Spray-up is an open-molding composite fabrication process where reinforcements and resin are sprayed onto a mold.

Based on bridge type, the US glass fiber reinforced plastic composite (GFRP) for bridge construction market is segmented into vehicular bridge, railway bridge, and pedestrian bridge. The vehicular bridge segment accounted for the largest US glass fiber reinforced plastic composite (GFRP) for bridge construction market share in 2022. A vehicular bridge is a significant infrastructure, serving as an elevated roadway designed to provide efficient passage for vehicles. Common types of vehicular bridges include cable-stayed bridges, suspension bridges, and arch bridges. The design of a vehicular bridge depends on several factors, such as the length of the bridge, traffic loads, and environmental conditions.

Major Sources and Companies Listed

Major primary and secondary sources referred to for preparing this report on the US glass fiber reinforced plastic composite (GFRP) for bridge construction market include paid databases (factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Dextra Asia Co Ltd, Enduro Composites Inc, Ensinger GmbH, Exel Composites Oyj, Jiangsu Chemlead New Material Co Ltd, Krempel GmbH, Owens Corning, Rochling SE & Co KG, Tencom Ltd, and Strongwell Corp are among the players operating in the US glass fiber reinforced plastic composite (GFRP) for bridge construction market.

Reasons to Buy Report

• Progressive industry trends in the US glass fiber reinforced plastic composite (GFRP) for bridge construction market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the US glass fiber reinforced plastic composite (GFRP) for bridge construction market from 2020 to 2030
• Estimation of the demand for glass fiber reinforced plastic composite (GFRP) for bridge construction in the US across various applications
• Recent developments to understand the competitive market scenario and the demand for glass fiber reinforced plastic composite (GFRP) for bridge construction in the US
• Market trends and outlook, coupled with factors driving and restraining the growth of the US glass fiber reinforced plastic composite (GFRP) for bridge construction market
• Decision-making process by understanding strategies that underpin commercial interest with regard to US glass fiber reinforced plastic composite (GFRP) for bridge construction market growth
• US glass fiber reinforced plastic composite (GFRP) for bridge construction market size at various nodes of the market
• Detailed overview and segmentation of the US glass fiber reinforced plastic composite (GFRP) for bridge construction market, as well as its dynamics in the industry
• US glass fiber reinforced plastic composite (GFRP) for bridge construction market size in various regions with promising growth opportunities

US Glass Fiber Reinforced Plastic Composite (GFRP) for Bridge Construction Market Segmentation

The US glass fiber reinforced plastic composite (GFRP) for bridge construction market is segmented based on resin type, technology, bridge type, and application. Based on resin type, the US glass fiber reinforced plastic composite (GFRP) for bridge construction market is segmented into epoxy, vinyl ester, polyester, and others. Based on technology, the market is segmented into injection molding, filament winding, spray-up, pultrusion, compression molding, resin infusion, and others. Based on bridge type, the market is segmented into vehicular bridge, railway bridge, and pedestrian bridge. Based on application, the market is segmented into deck and decking components, bridge railings, approach slabs, and others.

Company Profiles

1. Dextra Asia Co Ltd
2. Enduro Composites Inc
3. Ensinger GmbH
4. Exel Composites Oyj
5. Jiangsu Chemlead New Material Co Ltd
6. Krempel GmbH
7. Owens Corning
8. Rochling SE & Co KG
9. Tencom Ltd
10. Strongwell Corp

US Glass Fiber Reinforced Plastic Composite (GFRP) for Bridge Construction Strategic Insights

Strategic insights for the US Glass Fiber Reinforced Plastic Composite (GFRP) for Bridge Construction provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

US Glass Fiber Reinforced Plastic Composite (GFRP) for Bridge Construction Report Scope

US Glass Fiber Reinforced Plastic Composite (GFRP) for Bridge Construction Regional Insights

The geographic scope of the US Glass Fiber Reinforced Plastic Composite (GFRP) for Bridge Construction refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.