The global FRP utility pole market is projected to witness a growth rate of 4.6% annually from 2024 to 2030, with an anticipated size of US$ 195.9 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 utility pole market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/1436/FRP-utility-pole-market.html#form
Report Highlights
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Market Size in 2030 (million US$) |
195.9 |
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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 Utility Pole Market:
The global FRP utility pole market is segmented based on application type, process 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. The filament winding holds a giant share in the market, with most of the manufacturers engaged in manufacturing FRP poles through this process. Excellent dimensional stability and established technology in rounded/cylindrical parts have led to the high prevalence of the process in the market. Pultrusion also offers sizable market opportunities.
Based on application type - The market is segmented into transmission, distribution, and telecommunication. Distribution is expected to bring the largest demand in terms of application over the next five years. Since the high penetration of FRP poles in distribution applications in the major markets has led to the huge dominance of this segment. Various fire disaster incidents have proven FRP to be an efficient claimant over wood counterparts in the power distribution poles.
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. There is a higher penetration of polyurethane in the USA than in any other country in the world. Most of the manufacturers are using polyester resins, whereas some of them have a presence in the epoxy resins too.
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 utility poles during the forecast period. This growth outlook is majorly attributed to the following–
FRP Utility Pole Market Drivers:
Some of the key drivers listed in the report are given below.
Top Companies in the FRP Utility 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 Utility 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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