The report includes an in-depth analysis of the Global Composite Rebar Market, including market size and trends, Material mix, Applications, and supplier analysis. The Global Composite Rebar Market is expected to be worth USD b 731.25 million in 2024, with a CAGR of 5.93% between 2025 and 2034. The growth of the Composite Rebar Market is primarily driven by increasing awareness of its long-term structural and economic benefits, particularly its corrosion resistance, high tensile strength, and durability in harsh environments. The rising demand for sustainable and maintenance-free construction materials is fueling market expansion, with composite rebar being increasingly used in infrastructure, marine, and industrial projects. Technological advancements in manufacturing, material science, and supply chain logistics are enhancing product quality and availability, enabling broader global adoption. Additionally, the growing focus on eco-friendly construction, the expansion of advanced building materials in retail and industrial segments, and supportive government infrastructure initiatives are further accelerating the use of composite rebar.

Glass Fiber Reinforced Polymer (GFRP) holds the highest segment in the material type category of the composite rebar market due to its exceptional durability and resistance to corrosion. GFRP rebars are particularly well-suited for use in environments such as marine structures, coastal construction, and infrastructures exposed to de-icing salts. These conditions typically accelerate the deterioration of traditional steel reinforcement, but GFRP offers a long-lasting alternative.

Construction holds the largest share in the application segment of the composite rebar market, driven by the growing demand for materials that provide superior strength, durability, and resistance to environmental degradation. With increasing emphasis on sustainable and resilient infrastructure, composite rebar is becoming a preferred choice in residential, commercial, and infrastructure projects.

Straight Rebar holds the largest share in the shape segment of the composite rebar market, primarily due to its widespread use in standard construction applications such as roads, bridges, buildings, and marine structures. Its simplicity in design, ease of handling, and compatibility with a variety of structural requirements make it the most preferred shape among contractors and engineers.

The Asia-Pacific composite rebar market holds a prominent position globally, supported by rapid urbanization, growing infrastructure development, and increasing government investments in long-lasting construction solutions. Countries like China, India, and Japan are key contributors, known for their large-scale construction activities and rising adoption of advanced building materials. The region benefits from the growing demand for corrosion-resistant and high-performance rebar in both public and private sector projects. Advancements in manufacturing technologies, supply chain logistics, and product innovation are further enhancing the quality and availability of composite rebar. Additionally, supportive government policies promoting sustainable construction and increased awareness of long-term cost benefits are fueling market growth across Asia-Pacific.

The Global Composite Rebar industry has major players, including Armastek, Aslan FRP, Fiberline, Fusite, Hubei Yulong, Marshall Composite Technologies, Nanjing Fenghui Composite, Sireg Geotech, Technobasalt, and Tribeni Fiber. These companies compete fiercely with each other and local firms that have strong distribution networks and knowledge of suppliers and regulations. Aslan FRP, founded in 1993 and now a part of Owens Corning Infrastructure Solutions, is a leading U.S.-based manufacturer of fibre-reinforced polymer (FRP) reinforcement solutions. Headquartered in Seward, Nebraska, Aslan FRP specializes in high-performance glass fibre-reinforced polymer (GFRP) and carbon fibre-reinforced polymer (CFRP) rebar designed for use in demanding construction environments. The company is best known for its flagship product, Aslan 100 GFRP rebar, which offers exceptional corrosion resistance, high tensile strength, and is four times lighter than traditional steel rebar.

In April 2025, Dextra Group launched its new Durabar + GFRP composite rebar for the Asia/Middle East regions during Bauma Munich 2025, featuring ICC ES AC521 compliance and ETA-certified tension rods. This launch signifies a strategic expansion into European and North American infrastructure markets, with a clear focus on regulatory-certified, high-performance reinforcement solutions that meet stringent structural standards.