India FRP Rebar Market Outlook 2024-2030: Government Investments In Roads, Ports, And Metro Rail Boosts Growth

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Feb. 21, 2025 (GLOBE NEWSWIRE) -- The "India FRP Rebar Market Outlook | Analysis, Size, Companies, Share, Revenue, Industry, Trends, Value, Forecast & Growth: Market Forecast By Fiber Type, By Resin Type, By Application, By Region And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
India FRP Rebar Market size is projected to grow at a CAGR of 17.3% during 2024-2030

FRP rebar market in India is poised to experience a robust growth trajectory, underpinned by the National Highway Authority of India's (NHAI) ambitious plan to develop 23 new national highways, which includes critical expressways such as Delhi-Mumbai, Ambala-Jamnagar, and Ambala-Kotputli. To support these initiatives, the Union Budget for 2025-2026 has earmarked a,2.76 lakh crore for the Ministry of Road Transport and Highways to advance road and highway projects.

India FRP Rebar Market demonstrated significant growth in recent years, primarily driven by pivotal government initiatives such as the Bharatmala Pariyojna and the facilitation of 100% foreign direct investment (FDI) in the road and highway sector. Additionally, 18% of the capital expenditure outlined in the National Infrastructure Pipeline (NIP) for FY 2019-2025 is designated for the enhancement of the road and highway network.
The government's initiative to establish 35 multi-modal logistics parks under the Bharatmala scheme is further stimulating demand for FRP rebar in infrastructure projects. With India's road network projected to extend to 200,000 kilometers by 2025, coupled with an investment exceeding USD 80 billion in the Sagarmala project for port and coastal infrastructure modernization, the market potential for FRP rebar is poised for substantial expansion.
Furthermore, significant investments are being channelled into metro rail infrastructure across major urban centres. The Ministry of Housing and Urban Affairs (MoHUA) projects a total investment of a,6 trillion (USD 73 billion) in metro systems by 2030, with key projects including Delhi Metro Phase IV, Mumbai Metro Line 5, and Bengaluru Metro Phase II. These substantial infrastructure investments are driving demand for high-performance construction materials such as FRP rebar, which are essential for ensuring durability and superior performance. This strategic focus on advanced infrastructure underscores India's commitment to developing sustainable and world-class infrastructure.
Market Segmentation By Fiber Types
Glass fibre is expected to lead growth in the India FRP Rebar Market due to its affordability, corrosion resistance, and suitability for large-scale infrastructure projects like highways and bridges. Its lightweight nature lowers transportation and installation costs, aligning with India's push for cost-effective, durable materials in construction.
Market Segmentation By Resin Types
Polyester resin is set to lead growth in India's FRP rebar market due to its affordability, corrosion resistance, and suitability for large infrastructure projects like bridges and roads. Its easy processing and alignment with local Manufacturing make it the preferred choice for cost-effective construction.
Market Segmentation By Applications
Metro tunnelling is expected to drive the highest growth in India's FRP Rebar Market due to the government's push for metro infrastructure expansion in urban areas. FRP rebar's corrosion resistance, lightweight nature, and durability make it ideal for tunnelling, reducing maintenance costs and ensuring long-term structural integrity in harsh environments.
Market Segmentation By Regions
North region would be the focus segment in India's FRP Rebar market due to significant infrastructure development, including highways, bridges, and metro systems. Rapid urbanization and real estate growth in cities like Delhi NCR are driving demand for durable construction materials. Additionally, the region's strategic government projects and extreme weather conditions favour the adoption of corrosion-resistant FRP rebars, particularly in sectors such as water treatment plants and Defense infrastructure.
Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. India FRP Rebar Market Overview
3.1 India FRP Rebar Market Revenues and Volume (2020-2030F)
3.2 India FRP Rebar Market Ecosystem
3.3 India FRP Rebar Market Disposal, Safety and Hazards Analysis
3.4 India FRP Rebar Market Industry Life Cycle
3.5 India FRP Rebar Market Porter's Five Forces
4. India FRP Rebar Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Limitations of FRP Rebar
5. India FRP Rebar Market Trends & Evolution
6. India FRP Rebar Market Overview, By Fiber Types
6.1 India FRP Rebar Market Revenue and Volume Share, By Fiber Type (2023 & 2030F)
6.2 India FRP Rebar Market Revenues and Volume, By Fiber Type (2023 & 2030F)
6.2.1 India FRP Rebar Market Revenues and Volume, By Glass Fiber (2020 & 2030F)
6.2.2 India FRP Rebar Market Revenues and Volume, By Aramid Fiber (2020 & 2030F)
6.2.3 India FRP Rebar Market Revenues and Volume, By Carbon Fiber (2020 & 2030F)
6.2.4 India FRP Rebar Market Revenues and Volume, By Basalt Fiber (2020 & 2030F)
6.2.5 India FRP Rebar Market Revenues and Volume, By Others (2020 & 2030F)
7. India FRP Rebar Market Overview, By Resin Types
7.1 India FRP Rebar Market Revenue and Volume Share, By Resin Types (2023 & 2030F)
7.2 India FRP Rebar Market Revenues and Volume, By Resin Types (2023 & 2030F)
7.2.1 India FRP Rebar Market Revenues and Volume, By Polyester Resin (2020-2030F)
7.2.2 India FRP Rebar Market Revenues and Volume, By Vinyl Ester Resin (2020-2030F)
7.2.3 India FRP Rebar Market Revenues and Volume, By Epoxy Resin (2020-2030F)
7.2.4 India FRP Rebar Market Revenues and Volume, By Others (2020-2030F)
8. India FRP Rebar Market Overview, By Applications
8.1 India FRP Rebar Market Revenue Share, By Applications (2023 & 2030F)
8.2 India FRP Rebar Market Volume Share, By Applications (2023 & 2030F)
8.3.1 India FRP Rebar Market Revenues, By Metro Tunnelling (2020-2030F)
8.3.2 India FRP Rebar Market Revenues, By Bridges & Highways (2020-2030F)
8.3.3 India FRP Rebar Market Revenues, By Precast Slabs (2020-2030F)
8.3.4 India FRP Rebar Market Revenues, By Buildings (2020-2030F)
8.3.5 India FRP Rebar Market Revenues, By Marine Infrastructure (2020-2030F)
8.3.6 India FRP Rebar Market Revenues, By Water Treatment Plants (2020-2030F)
8.3.7 India FRP Rebar Market Revenues, By High Voltage Transformer Foundation (2020-2030F)
8.3.8 India FRP Rebar Market Revenues, By Others (2020-2030F)
8.3.8 India FRP Rebar Market Application Wise Market Perception, Consumption and Future Requirement Pattern Analysis
8.4.1 India FRP Rebar Market Volume, By Metro Tunnelling (2020-2030F)
8.4.2 India FRP Rebar Market Volume, By Bridges & Highways (2020-2030F)
8.4.3 India FRP Rebar Market Volume, By Precast Slabs (2020-2030F)
8.4.4 India FRP Rebar Market Volume, By Buildings (2020-2030F)
8.4.5 India FRP Rebar Market Volume, By Marine Infrastructure (2020-2030F)
8.4.6 India FRP Rebar Market Volume, By Water Treatment Plants (2020-2030F)
8.4.7 India FRP Rebar Market Volume, By High Voltage Transformer Foundation (2020-2030F)
8.4.8 India FRP Rebar Market Volume, By Others (2020-2030F)
8.5 India FRP Rebar Market Application Wise Market Perception, Consumption and Future Requirement Pattern Analysis
9. India FRP Rebar Market Overview, By Region
9.1 India FRP Rebar Market Revenue and Volume Share, By Region (2023 & 2030F)
9.2.1 India FRP Rebar Market Revenues and Volume, By North (2020-2030F)
9.2.2 India FRP Rebar Market Revenues and Volume, By West (2020-2030F)
9.2.3 India FRP Rebar Market Revenues and Volume, By South (2020-2030F)
9.2.4 India FRP Rebar Market Revenues and Volume, By East (2020-2030F)
10. India FRP Rebar Market EXIM Analysis
11. India FRP Rebar Market Key Performance Indicators
12. India FRP Rebar Market Raw Material Price & Player Analysis
12.1 India FRP Rebar Market Raw Material Price Trend Analysis (2030F)
12.2 India FRP Rebar Market Raw Material Fiber & Resin Player Analysis (2030F)
13. India FRP Rebar Market Global Codes & Standards Analysis
14. India FRP Rebar Market TMT Manufacturers Perspective Analysis
15. India FRP Rebar Market Opportunity Assessment
15.1 India FRP Rebar Market Opportunity Assessment, By Fiber Types (2030F)
15.2 India FRP Rebar Market Opportunity Assessment, By Resin Types (2030F)
15.3 India FRP Rebar Market Opportunity Assessment, By Application (2030F)
15.4 India FRP Rebar Market Opportunity Assessment, By Region (2030F)
16. India FRP Rebar Market Competitive Landscape
16.1 India FRP Rebar Market Local Companies Production Capacity and Volume
16.2 India FRP Rebar Market Volume Share (2023), By Top 5 Companies
16.3 India FRP Rebar Market Competitive Benchmarking, By Operating Parameters
17. Company Profiles
17.1 Fiber Boards Pvt Ltd
17.2 ARC Insulations & Insulator (P) Ltd.
17.3 MRG-Composite
17.4 Dextra India
17.5 FIBAR
17.6 Plurimo Pultrusion And Composite Private Limited
17.7 Jindal Advanced Materials
17.8 7 Star GFRP
17.9 Everest Composites Pvt. Ltd.
18. Key Strategic Recommendations

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