The future of the global FRP pole market looks promising with opportunities in power transmission and distribution, telecommunication, lighting and others end use industries. The global FRP pole market is expected to reach an estimated $322.1 million by 2022 and is forecast to grow at a CAGR of 8.4% from 2017 to 2022. The major drivers for the growth of global FRP pole market are the ongoing replacement of obsolete wooden poles and performance benefits of FRP poles over wood, steel, and other poles; these benefits include rot and corrosion resistance, minimal maintenance, and easy installation.
Emerging trends, which have a direct impact on the dynamics of the FRP pole industry, include focus on modular pole systems and increasing demand for UV resistant properties in FRP poles.
A total of 66 figures / charts and 49 tables are provided in this 131-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this report, download the report brochure.
FRP Pole Market Trends FRP Pole Market Forecast Growth Opportunities for the Global FRP Pole Market by Region
The study includes the FRP pole market size and forecast for growth opportunities for global FRP pole market through 2022 by end use industry, process type, and material type, as follows:
FRP pole market by end use industry [Value ($ Million) from 2011 to 2022]:
Power Transmission and Distribution Telecommunication Lighting and Others
FRP pole market by process type [volume (M lbs) and Value ($ Million) from 2011 to 2022]:
Pultrusion Filament Winding Centrifugal Casting
FRP pole market by material type [volume (M lbs) and Value ($ Million) from 2011 to 2022]:
Fiber Resin Polyurethane Polyester Others
FRP pole market by region [Value ($ Million) from 2011 to 2022]:
North America Europe Asia Pacific and Rest of the World (APAC & ROW)
FRP pole companies profiled in this market include Valmont Industries, Petrofisa do Brasil, Geotek Inc., Strongwell, CMT LLC, R.S. Technologies, Creative Pultrusions Inc., and Europoles GmbH are among the major suppliers of FRP poles.
On the basis of comprehensive research, Lucintel forecasts that the power transmission and distribution end use industry will show above average growth during the forecast period.
Within the FRP pole market, filament winding, pultrusion, and centrifugal casting are the major processes utilized to manufacture FRP Poles. In this market, glass fiber with polyester resin is predominantly used to manufacture FRP poles.
North America is expected to remain the largest region for the global FRP pole market because of the ongoing replacement of obsolete wooden poles in the US, and this is expected to drive further demand of the North American FRP pole market.
Some of the features of “Growth Opportunities in the Global FRP Pole Market 2017 2022: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Global FRP pole market size estimation in terms of value ($M) and volume (M Lbs.) shipment.Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.Segmentation analysis: Global FRP pole market size by various applications such as end use industry, process, and material in terms of value and volume shipment.Regional analysis: Global FRP pole market breakdown by key regions such as North America, Europe, and Asia & Rest of World.Growth opportunities: Analysis on growth opportunities in different applications and regions of global FRP pole market.Strategic analysis: This includes M&A, new product development, and competitive landscape of global FRP pole market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global FRP pole market by end use industry (power transmission and distribution, telecommunication, lighting and others), process type (pultrusion, filament winding and centrifugal casting), and composite material type (fiber, resin)?
Q.2. Which end use industry segments will grow at a faster pace at what rate and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this FRP pole market?
Q.5. What are the business risks and competitive threats in this FRP pole market?
Q.6. What are emerging trends in this FRP pole market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the FRP pole market?
Q.8. What are the new developments in the market and which companies are leading these developments?
Q.9. Who are the major players in this FRP pole market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this FRP pole market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activities have occurred in the last 5 years in this FRP pole market?