The fiber reinforced polymer (FRP) bridge are made using fiber reinforced polymer composites wherein fiber may be glass, carbon, aramid or Kevlar. The FRP composite bridge technology provides improved durability and reduced time of in-situ construction. The strength of these bridges is due to the fiber reinforced polymers that make up the other parts of the bridge such as decks, girders, rebars, and beam. This is possible due to the simple and quick installation process of large and lightweight components which are manufactured offsite. In addition, these bridges are low maintenance and resistant to corrosion.
MARKET DYNAMICS
The FRP bridge market is anticipated to grow in the forecast period owing to superior properties and ease of installation of FRP bridges coupled with increasing adoption of composites in the construction of briges. Growing use of FRP materials in the materials for the manufacturing of decks further drives the FRP bridge market. However, high costs of carbon fibers and sensitivity towards UV-radiation negatively influence the FRP bridge market. Nonetheless, growing awareness about repairing and retrofitting of existing bridge structures offer lucrative opportunity for the growth of the FRP bridge market and the key players involved during the forecast period.
MARKET SCOPE
The "Global FRP Bridge Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of FRP bridge market with detailed market segmentation by fiber type, resin type, manufacturing process, bridge type, application, and geography. The global FRP bridge market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading FRP bridge market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global FRP bridge market is segmented on the basis of fiber type, resin type, manufacturing process, bridge type, and application. By fiber type, the market is segmented as glass fiber, carbon fiber, and others. Based on resin type, the market is segmented as vinylester, polyester, and others. On the basis of the manufacturing process, the market is segmented as pultrusion, hand lay-up, and others. The market on the basis of the bridge type is classified as vehicular bridge and pedestrian bridge. And by application, the market is segmented as deck, rebars, girders, and others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global FRP bridge market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The FRP bridge market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting FRP bridge market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the FRP bridge market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global FRP bridge market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The FRP bridge market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting FRP bridge market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the FRP bridge market in these regions.
MARKET PLAYERSThe reports cover key developments in the FRP bridge market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from FRP bridge market are anticipated to lucrative growth opportunities in the future with the rising demand for FRP bridge in the global market. Below mentioned is the list of few companies engaged in the FRP bridge market.
The report also includes the profiles of key FRP bridge companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- B&B FRP Manufacturing Inc.
- Bedford Reinforced Plastics
- Composite Advantage, LLC
- Creative Pultrusions, Inc.
- CTS Bridges Ltd
- FiberCore Europe
- Fiberline Composites A/S
- Guardian Bridge Rapid Construction II Inc.
- Lifespan Structures Ltd.
- Strongwell Corporation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 FRP Bridge Market - By Fiber Type
1.3.2 FRP Bridge Market - By Resin Type
1.3.3 FRP Bridge Market - By Manufacturing Process
1.3.4 FRP Bridge Market - By Bridge Type
1.3.5 FRP Bridge Market - By Application
1.3.6 FRP Bridge Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FRP BRIDGE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FRP BRIDGE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FRP BRIDGE MARKET - GLOBAL MARKET ANALYSIS
6.1. FRP BRIDGE - GLOBAL MARKET OVERVIEW
6.2. FRP BRIDGE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FRP BRIDGE MARKET - REVENUE AND FORECASTS TO 2028 - FIBER TYPE
7.1. OVERVIEW
7.2. FIBER TYPE MARKET FORECASTS AND ANALYSIS
7.3. GLASS FIBER
7.3.1. Overview
7.3.2. Glass Fiber Market Forecast and Analysis
7.4. CARBON FIBER
7.4.1. Overview
7.4.2. Carbon Fiber Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. FRP BRIDGE MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
8.1. OVERVIEW
8.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
8.3. VINYLESTER
8.3.1. Overview
8.3.2. Vinylester Market Forecast and Analysis
8.4. POLYESTER
8.4.1. Overview
8.4.2. Polyester Market Forecast and Analysis
8.5. OTHER
8.5.1. Overview
8.5.2. Other Market Forecast and Analysis
9. FRP BRIDGE MARKET - REVENUE AND FORECASTS TO 2028 - MANUFACTURING PROCESS
9.1. OVERVIEW
9.2. MANUFACTURING PROCESS MARKET FORECASTS AND ANALYSIS
9.3. PULTRUSION
9.3.1. Overview
9.3.2. Pultrusion Market Forecast and Analysis
9.4. HAND LAY-UP
9.4.1. Overview
9.4.2. Hand Lay-Up Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. FRP BRIDGE MARKET - REVENUE AND FORECASTS TO 2028 - BRIDGE TYPE
10.1. OVERVIEW
10.2. BRIDGE TYPE MARKET FORECASTS AND ANALYSIS
10.3. VEHICULAR BRIDGE
10.3.1. Overview
10.3.2. Vehicular Bridge Market Forecast and Analysis
10.4. PEDESTRIAN BRIDGE
10.4.1. Overview
10.4.2. Pedestrian Bridge Market Forecast and Analysis
11. FRP BRIDGE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
11.1. OVERVIEW
11.2. APPLICATION MARKET FORECASTS AND ANALYSIS
11.3. DECK
11.3.1. Overview
11.3.2. Deck Market Forecast and Analysis
11.4. REBARS
11.4.1. Overview
11.4.2. Rebars Market Forecast and Analysis
11.5. GIRDERS
11.5.1. Overview
11.5.2. Girders Market Forecast and Analysis
11.6. OTHERS
11.6.1. Overview
11.6.2. Others Market Forecast and Analysis
12. FRP BRIDGE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America FRP Bridge Market Overview
12.1.2 North America FRP Bridge Market Forecasts and Analysis
12.1.3 North America FRP Bridge Market Forecasts and Analysis - By Fiber Type
12.1.4 North America FRP Bridge Market Forecasts and Analysis - By Resin Type
12.1.5 North America FRP Bridge Market Forecasts and Analysis - By Manufacturing Process
12.1.6 North America FRP Bridge Market Forecasts and Analysis - By Bridge Type
12.1.7 North America FRP Bridge Market Forecasts and Analysis - By Application
12.1.8 North America FRP Bridge Market Forecasts and Analysis - By Countries
12.1.8.1 United States FRP Bridge Market
12.1.8.1.1 United States FRP Bridge Market by Fiber Type
12.1.8.1.2 United States FRP Bridge Market by Resin Type
12.1.8.1.3 United States FRP Bridge Market by Manufacturing Process
12.1.8.1.4 United States FRP Bridge Market by Bridge Type
12.1.8.1.5 United States FRP Bridge Market by Application
12.1.8.2 Canada FRP Bridge Market
12.1.8.2.1 Canada FRP Bridge Market by Fiber Type
12.1.8.2.2 Canada FRP Bridge Market by Resin Type
12.1.8.2.3 Canada FRP Bridge Market by Manufacturing Process
12.1.8.2.4 Canada FRP Bridge Market by Bridge Type
12.1.8.2.5 Canada FRP Bridge Market by Application
12.1.8.3 Mexico FRP Bridge Market
12.1.8.3.1 Mexico FRP Bridge Market by Fiber Type
12.1.8.3.2 Mexico FRP Bridge Market by Resin Type
12.1.8.3.3 Mexico FRP Bridge Market by Manufacturing Process
12.1.8.3.4 Mexico FRP Bridge Market by Bridge Type
12.1.8.3.5 Mexico FRP Bridge Market by Application
12.2. EUROPE
12.2.1 Europe FRP Bridge Market Overview
12.2.2 Europe FRP Bridge Market Forecasts and Analysis
12.2.3 Europe FRP Bridge Market Forecasts and Analysis - By Fiber Type
12.2.4 Europe FRP Bridge Market Forecasts and Analysis - By Resin Type
12.2.5 Europe FRP Bridge Market Forecasts and Analysis - By Manufacturing Process
12.2.6 Europe FRP Bridge Market Forecasts and Analysis - By Bridge Type
12.2.7 Europe FRP Bridge Market Forecasts and Analysis - By Application
12.2.8 Europe FRP Bridge Market Forecasts and Analysis - By Countries
12.2.8.1 Germany FRP Bridge Market
12.2.8.1.1 Germany FRP Bridge Market by Fiber Type
12.2.8.1.2 Germany FRP Bridge Market by Resin Type
12.2.8.1.3 Germany FRP Bridge Market by Manufacturing Process
12.2.8.1.4 Germany FRP Bridge Market by Bridge Type
12.2.8.1.5 Germany FRP Bridge Market by Application
12.2.8.2 France FRP Bridge Market
12.2.8.2.1 France FRP Bridge Market by Fiber Type
12.2.8.2.2 France FRP Bridge Market by Resin Type
12.2.8.2.3 France FRP Bridge Market by Manufacturing Process
12.2.8.2.4 France FRP Bridge Market by Bridge Type
12.2.8.2.5 France FRP Bridge Market by Application
12.2.8.3 Italy FRP Bridge Market
12.2.8.3.1 Italy FRP Bridge Market by Fiber Type
12.2.8.3.2 Italy FRP Bridge Market by Resin Type
12.2.8.3.3 Italy FRP Bridge Market by Manufacturing Process
12.2.8.3.4 Italy FRP Bridge Market by Bridge Type
12.2.8.3.5 Italy FRP Bridge Market by Application
12.2.8.4 United Kingdom FRP Bridge Market
12.2.8.4.1 United Kingdom FRP Bridge Market by Fiber Type
12.2.8.4.2 United Kingdom FRP Bridge Market by Resin Type
12.2.8.4.3 United Kingdom FRP Bridge Market by Manufacturing Process
12.2.8.4.4 United Kingdom FRP Bridge Market by Bridge Type
12.2.8.4.5 United Kingdom FRP Bridge Market by Application
12.2.8.5 Russia FRP Bridge Market
12.2.8.5.1 Russia FRP Bridge Market by Fiber Type
12.2.8.5.2 Russia FRP Bridge Market by Resin Type
12.2.8.5.3 Russia FRP Bridge Market by Manufacturing Process
12.2.8.5.4 Russia FRP Bridge Market by Bridge Type
12.2.8.5.5 Russia FRP Bridge Market by Application
12.2.8.6 Rest of Europe FRP Bridge Market
12.2.8.6.1 Rest of Europe FRP Bridge Market by Fiber Type
12.2.8.6.2 Rest of Europe FRP Bridge Market by Resin Type
12.2.8.6.3 Rest of Europe FRP Bridge Market by Manufacturing Process
12.2.8.6.4 Rest of Europe FRP Bridge Market by Bridge Type
12.2.8.6.5 Rest of Europe FRP Bridge Market by Application
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific FRP Bridge Market Overview
12.3.2 Asia-Pacific FRP Bridge Market Forecasts and Analysis
12.3.3 Asia-Pacific FRP Bridge Market Forecasts and Analysis - By Fiber Type
12.3.4 Asia-Pacific FRP Bridge Market Forecasts and Analysis - By Resin Type
12.3.5 Asia-Pacific FRP Bridge Market Forecasts and Analysis - By Manufacturing Process
12.3.6 Asia-Pacific FRP Bridge Market Forecasts and Analysis - By Bridge Type
12.3.7 Asia-Pacific FRP Bridge Market Forecasts and Analysis - By Application
12.3.8 Asia-Pacific FRP Bridge Market Forecasts and Analysis - By Countries
12.3.8.1 Australia FRP Bridge Market
12.3.8.1.1 Australia FRP Bridge Market by Fiber Type
12.3.8.1.2 Australia FRP Bridge Market by Resin Type
12.3.8.1.3 Australia FRP Bridge Market by Manufacturing Process
12.3.8.1.4 Australia FRP Bridge Market by Bridge Type
12.3.8.1.5 Australia FRP Bridge Market by Application
12.3.8.2 China FRP Bridge Market
12.3.8.2.1 China FRP Bridge Market by Fiber Type
12.3.8.2.2 China FRP Bridge Market by Resin Type
12.3.8.2.3 China FRP Bridge Market by Manufacturing Process
12.3.8.2.4 China FRP Bridge Market by Bridge Type
12.3.8.2.5 China FRP Bridge Market by Application
12.3.8.3 India FRP Bridge Market
12.3.8.3.1 India FRP Bridge Market by Fiber Type
12.3.8.3.2 India FRP Bridge Market by Resin Type
12.3.8.3.3 India FRP Bridge Market by Manufacturing Process
12.3.8.3.4 India FRP Bridge Market by Bridge Type
12.3.8.3.5 India FRP Bridge Market by Application
12.3.8.4 Japan FRP Bridge Market
12.3.8.4.1 Japan FRP Bridge Market by Fiber Type
12.3.8.4.2 Japan FRP Bridge Market by Resin Type
12.3.8.4.3 Japan FRP Bridge Market by Manufacturing Process
12.3.8.4.4 Japan FRP Bridge Market by Bridge Type
12.3.8.4.5 Japan FRP Bridge Market by Application
12.3.8.5 South Korea FRP Bridge Market
12.3.8.5.1 South Korea FRP Bridge Market by Fiber Type
12.3.8.5.2 South Korea FRP Bridge Market by Resin Type
12.3.8.5.3 South Korea FRP Bridge Market by Manufacturing Process
12.3.8.5.4 South Korea FRP Bridge Market by Bridge Type
12.3.8.5.5 South Korea FRP Bridge Market by Application
12.3.8.6 Rest of Asia-Pacific FRP Bridge Market
12.3.8.6.1 Rest of Asia-Pacific FRP Bridge Market by Fiber Type
12.3.8.6.2 Rest of Asia-Pacific FRP Bridge Market by Resin Type
12.3.8.6.3 Rest of Asia-Pacific FRP Bridge Market by Manufacturing Process
12.3.8.6.4 Rest of Asia-Pacific FRP Bridge Market by Bridge Type
12.3.8.6.5 Rest of Asia-Pacific FRP Bridge Market by Application
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa FRP Bridge Market Overview
12.4.2 Middle East and Africa FRP Bridge Market Forecasts and Analysis
12.4.3 Middle East and Africa FRP Bridge Market Forecasts and Analysis - By Fiber Type
12.4.4 Middle East and Africa FRP Bridge Market Forecasts and Analysis - By Resin Type
12.4.5 Middle East and Africa FRP Bridge Market Forecasts and Analysis - By Manufacturing Process
12.4.6 Middle East and Africa FRP Bridge Market Forecasts and Analysis - By Bridge Type
12.4.7 Middle East and Africa FRP Bridge Market Forecasts and Analysis - By Application
12.4.8 Middle East and Africa FRP Bridge Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa FRP Bridge Market
12.4.8.1.1 South Africa FRP Bridge Market by Fiber Type
12.4.8.1.2 South Africa FRP Bridge Market by Resin Type
12.4.8.1.3 South Africa FRP Bridge Market by Manufacturing Process
12.4.8.1.4 South Africa FRP Bridge Market by Bridge Type
12.4.8.1.5 South Africa FRP Bridge Market by Application
12.4.8.2 Saudi Arabia FRP Bridge Market
12.4.8.2.1 Saudi Arabia FRP Bridge Market by Fiber Type
12.4.8.2.2 Saudi Arabia FRP Bridge Market by Resin Type
12.4.8.2.3 Saudi Arabia FRP Bridge Market by Manufacturing Process
12.4.8.2.4 Saudi Arabia FRP Bridge Market by Bridge Type
12.4.8.2.5 Saudi Arabia FRP Bridge Market by Application
12.4.8.3 U.A.E FRP Bridge Market
12.4.8.3.1 U.A.E FRP Bridge Market by Fiber Type
12.4.8.3.2 U.A.E FRP Bridge Market by Resin Type
12.4.8.3.3 U.A.E FRP Bridge Market by Manufacturing Process
12.4.8.3.4 U.A.E FRP Bridge Market by Bridge Type
12.4.8.3.5 U.A.E FRP Bridge Market by Application
12.4.8.4 Rest of Middle East and Africa FRP Bridge Market
12.4.8.4.1 Rest of Middle East and Africa FRP Bridge Market by Fiber Type
12.4.8.4.2 Rest of Middle East and Africa FRP Bridge Market by Resin Type
12.4.8.4.3 Rest of Middle East and Africa FRP Bridge Market by Manufacturing Process
12.4.8.4.4 Rest of Middle East and Africa FRP Bridge Market by Bridge Type
12.4.8.4.5 Rest of Middle East and Africa FRP Bridge Market by Application
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America FRP Bridge Market Overview
12.5.2 South and Central America FRP Bridge Market Forecasts and Analysis
12.5.3 South and Central America FRP Bridge Market Forecasts and Analysis - By Fiber Type
12.5.4 South and Central America FRP Bridge Market Forecasts and Analysis - By Resin Type
12.5.5 South and Central America FRP Bridge Market Forecasts and Analysis - By Manufacturing Process
12.5.6 South and Central America FRP Bridge Market Forecasts and Analysis - By Bridge Type
12.5.7 South and Central America FRP Bridge Market Forecasts and Analysis - By Application
12.5.8 South and Central America FRP Bridge Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil FRP Bridge Market
12.5.8.1.1 Brazil FRP Bridge Market by Fiber Type
12.5.8.1.2 Brazil FRP Bridge Market by Resin Type
12.5.8.1.3 Brazil FRP Bridge Market by Manufacturing Process
12.5.8.1.4 Brazil FRP Bridge Market by Bridge Type
12.5.8.1.5 Brazil FRP Bridge Market by Application
12.5.8.2 Argentina FRP Bridge Market
12.5.8.2.1 Argentina FRP Bridge Market by Fiber Type
12.5.8.2.2 Argentina FRP Bridge Market by Resin Type
12.5.8.2.3 Argentina FRP Bridge Market by Manufacturing Process
12.5.8.2.4 Argentina FRP Bridge Market by Bridge Type
12.5.8.2.5 Argentina FRP Bridge Market by Application
12.5.8.3 Rest of South and Central America FRP Bridge Market
12.5.8.3.1 Rest of South and Central America FRP Bridge Market by Fiber Type
12.5.8.3.2 Rest of South and Central America FRP Bridge Market by Resin Type
12.5.8.3.3 Rest of South and Central America FRP Bridge Market by Manufacturing Process
12.5.8.3.4 Rest of South and Central America FRP Bridge Market by Bridge Type
12.5.8.3.5 Rest of South and Central America FRP Bridge Market by Application
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. FRP BRIDGE MARKET, KEY COMPANY PROFILES
14.1. B AND B FRP MANUFACTURING INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. BEDFORD REINFORCED PLASTICS
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. COMPOSITE ADVANTAGE, LLC
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. CREATIVE PULTRUSIONS, INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. CTS BRIDGES LTD
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. FIBERCORE EUROPE
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. FIBERLINE COMPOSITES A/S
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. GUARDIAN BRIDGE RAPID CONSTRUCTION II INC.
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. LIFESPAN STRUCTURES LTD.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. STRONGWELL CORPORATION
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1.B and B FRP Manufacturing Inc.
2.Bedford Reinforced Plastics
3.Composite Advantage, LLC
4.Creative Pultrusions, Inc.
5.CTS Bridges Ltd
6.FiberCore Europe
7.Fiberline Composites A/S
8.Guardian Bridge Rapid Construction II Inc.
9.Lifespan Structures Ltd.
10.Strongwell Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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