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Glass Fiber Reinforced Polymer (gfrp) Rebar Manufacturing Business | |
| Glass fibre reinforced polymer rebar is a very expensive building material. Governments and other large-scale infrastructure providers are now aware that corrosion can have a substantial negative impact on the economy and the environment and that GFRP is an economical building material that can extend the lifespan of public infrastructures. Because of the increase in corrosion brought on by climate change, the use of fibreglass reinforcement material has increased dramatically. A glass fibre reinforced polymer (GFRP) bar is created by mixing numerous tiny continuous glass fibres with a matrix of polymeric resin. The main advantage of GFRP bars, which have been developed for use in a range of structural applications, is that they may replace steel reinforcing bars without corroding. Additional benefits of GFRP bars are their high strength and stiffness to weight ratio, chemical resistance, enhanced control over thermal expansion and damping properties, good fatigue characteristics, and electromagnetic resistance. Two additional well-liked FRPs are carbon- and aramidic-based fibre reinforced polymers (CFRP) (AFRP). The resins are chosen based on their cost, strength, rigidity, and long-term stability. E-glass or S-glass are usually used as the reinforcing fibres in GFRP. The fibres provide the bar its strength and stiffness, while the polymer matrix binds the fibres together and distributes stresses among them. For the optimum tensile properties, fibres are orientated in the same longitudinal direction as the bar itself, even though some goods are made with fibres arranged in a variety of orientations. Due to the lack of standardised production procedures and the attempt to strengthen the ties between the bars, a few unique types of bar surfaces have been produced. A smooth bar surface, surface ribbing (similar to mild steel that has been bent), bar wrapping with helical fibres (either simply attached to the core or wrapped under tension to somewhat bend the bar), and coating the bar surface with coarse sand are a few examples. Advantages of GFRP Rebar • One of the elements of GFRP is a premium vinyl ester resin that prevents corrosion and prolongs the life of a concrete structure. Why GFRP rebar weighs only 25% as much as conventional reinforcement materials like steel yet has twice the tensile strength of steel. GFRP rebar is an excellent material for scientific constructions and facilities like power plants since it is heat- and electricity-resistant. When comparing the long-term benefits, GFRP rebar is a more economical product than epoxy-coated or stainless steel. • It can be created in a variety of lengths, bends, and shapes; • Chloride ions and other chemical substances won't harm it. Uses Around the world, GFRP bars are currently used extensively as concrete reinforcement. In order to show that GFRP reinforcement has the potential to be used in different applications, numerous studies have been carried out to evaluate the field performance of the numerous structures built. Bridge decks, parking structures, and marine structures have all been built using GFRP bars. As a result, it is now essential to establish design standards for the use of GFRP reinforcement. The US, the EU, Canada, and Japan have all developed their own unique set of design standards. In general, these suggestions were developed by modifications to the current steel reinforced concrete codes based on the substance's experimental testing. Two case study bridge deck systems with GFRP reinforcement were assessed in order to determine whether these structures were suitable for particular environments. It has become more popular to use GFRP reinforcement in place of steel reinforcement in bridge decks since it is lighter and less corrosive. The existing high costs related to construction with GFRP reinforcement are predicted to decrease if GFRP fabrication is more widely commercialised in the future. Market Size Market size in 2020 will be USD 171.3 million, with a 13.2% CAGR; Growing demand for FRP rebars in waterfront development and maritime constructions is a market trend. The size of the global market for fibre reinforced polymer (FRP) rebars, which was estimated to be worth USD 171.3 million in 2020, is expected to increase at a revenue CAGR of 13.2 percent over the next five years, according to Emergen Research's most recent analysis. One of the primary factors driving the growth of the global fibre reinforced polymer (FRP) rebar market is an increase in government spending on construction and maintenance in emerging nations, together with a rise in the use of FRP rebar in building projects. Rising demand for FRP rebars in waterfront and maritime constructions is predicted to accelerate global revenue growth in the near future. Marine constructions can sustain significant damage from unfavourable weather conditions, steel corrosion, abrasions, and sulphate reactions. By 2025, the market for FRP rebar is projected to be worth $1.1 billion, growing at a CAGR of 12.1% from 2020 to 2025. Fiber reinforced polymer rebar, also referred to as FRP rebar, and is a non-corrosive alternative to steel rebar in concrete reinforcement. A fibre and a matrix resin make up its two halves. Typically, polyester, epoxy, or vinyl ester is used as the matrix resin and carbon, aramid, basalt, or glass is used as the fibre. FRP rebar, a spiral-wrapped fibreglass rod, is a thin. Industry Major Market Players: • Composite Group Chelyabinsk • Schöck Bauteile GmbH • Dextra Group • Pultron Composites • Pultrall Inc. • Owens Corning • Sireg Geotech S.r.l. • Kodiak Fiberglass Rebar LLC | |
| Plant capacity: 1200 MT Per Day | Plant & machinery: 588 Lakhs |
| Working capital: - | T.C.I: Cost of Project:6097 lakhs |
| Return: 34.00% | Break even: 51.00% |
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