Precision Business Insights has published a report on the global FRP pole market, estimating its value at USD 453.14 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/frp-pole-market
The FRP Pole Market is an industry that focuses on Fiber Reinforced Polymer (FRP) poles, which are lighter, more robust, and corrosion-resistant than traditional wood, steel, or concrete poles. These poles are commonly utilized in industries such as electric power distribution, telecommunications, lighting, and transmission infrastructure.
Drivers:
- Increasing Acceptance of FRP Poles – Growing preference for FRP poles over traditional wood, steel, and concrete due to their durability, lightweight nature, and corrosion resistance.
- Growth in Power Transmission & Telecommunication Sectors – Increasing investments in electricity distribution and telecom infrastructure drive demand for FRP poles.
The global FRP pole market segmentation:
1) By Resin Type: Polyurethane, Polyester, Others
2) By Process: Pultrusion, Filament Winding, Centrifugal Casting
3) By Length: Up to 20ft, 20-40ft, Above 40ft
4) By Application: Transmission, Distribution, Telecommunication, Lighting, others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the FRP pole market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the FRP pole market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Jerol Industrial AB, RS Technologies, National Oilwell Varco, Valmont Industries, Creative Pultrusion Inc., Strongwell, Petrofisa Do Brasil, Europoles, Highland Industries, Alliance Composites Inc., Nantong Wellgrid Pvt Ltd, Shanghai Tunghsing Composites Co. Ltd.
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