The global FRP pole market is projected to witness a growth rate of 4.6% annually from 2024 to 2030, with an anticipated size of US$ 238 million by 2030, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global FRP pole market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights
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Market Size in 2030 (million US$) |
238 |
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Growth (CAGR) |
4.6% during 2024-2030 |
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Forecast Period |
2024-2030 |
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Trend Period |
2018-2022 |
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Base Year |
2023 |
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Number of Segments Covered |
5 |
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Number of Tables & Graphs |
100+ |
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Country-Level Market Assessment |
20 |
Segment Insights on the FRP Pole Market:
The global FRP pole market is segmented based on process type, application type, length type, resin type, and region.
Based on process type - The market is segmented into Pultrusion, Filament Winding, and Centrifugal Casting. Filament winding holds a giant share in the market with most of the manufacturers engaged in manufacturing FRP poles through this process. Most of the manufacturers prefer to go with the filament winding process for FRP pole fabrication in the wake of its suitability for pole manufacturing and more feasibility over alternatives. On the other hand, pultruded poles also have a sizeable market share, and their growth can be attributed to their flexibility in manufacturing different shapes through the pultrusion process.
Based on application type - The market is segmented into transmission, distribution, telecommunication, lighting, and others. Distribution is expected to remain the biggest demand-generating application of the market during the forecast period. There has been a dominance of different applications in different regions, demanding companies to have a greater knowledge about the market before investing in any region.
Based on resin type - The market is segmented into polyurethane, polyester, and others. Polyurethane is likely to maintain its dominance during the forecast period, whereas polyester is expected to grow at the highest rate during the same period. Polyester resin is gaining traction on account of its benefits such as ease of use and cost-effectiveness. Other key resins in the market include epoxy and vinyl esters.
To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is expected to remain the largest market for FRP pole during the forecast period. This growth outlook is majorly attributed to the following–
FRP Pole Market Drivers:
Some of the key drivers listed in the report are given below.
Top Companies in the FRP Pole Market:
The market is highly fragmented with the presence of several small players. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth analysis of the FRP Pole Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market segment analysis and forecast |
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Who are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - [email protected]
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About us –
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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