Carbon Textile Reinforced Concrete Market Research Report 2025

As per credible estimates, carbon textile reinforced concrete industry is presumed to expand with 4.7% CAGR over the next five years to amass USD 26 million by the year 2025. Growing population and increasing infrastructural development have amplified the construction industry, which in turn is creating lucrative growth avenues for carbon textile reinforced concrete (CTRC) market. The product offers superior flexural strength, elasticity, and durability as compared to steel. Moreover, it is cost-effective and exceptionally versatile, hence is used extensively in the construction of bridges, buildings, and roads. Increasing emphasis on renovation and remodeling of existing infrastructure along with growing demand for durable and versatile construction materials which can withstand harsh environmental conditions and high pressure are driving the market growth.

Also, surging investments and favorable government regulations towards development of green infrastructure are further fueling the market expansion. Various market majors are focusing on R&D activities in order to develop innovative textile reinforced materials with better strength and durability. However, high costs associated with the product may hamper the growth of CTRC industry.

As per product type, the market is classified into regular-tow and large-tow. The regular-tow carbon textile reinforced concrete market segment is slated to grow modestly in the forthcoming years.

Based on the application spectrum, carbon textile reinforced concrete industry is bifurcated into road, bridge, building, and others. The bridges application is expected to grow significantly over 2020-2025. Technological advancements in carbon reinforced concrete has allowed for its use in construction of bridges. Various benefits including geometric efficiency, shorter construction phase, resistance to corrosion, water, chemicals, and frost, lightweight, durability, reduced maintenance cost, and aesthetic appeal among others are favoring the employment of CTRC in bridge construction.

As per regional analysis, global carbon textile reinforced concrete market is fragmented as Middle East & Africa, South America, Asia-Pacific, Europe, and North America with key contribution from Saudi Arabia, Brazil, Southeast Asia, Korea, Australia, India, Japan, China, Russia, France, Italy, UK, Germany, Canada, Mexico, and U.S.

Meanwhile, Asia-Pacific market is set to record a remunerative growth through 2025, primarily due to rapid urbanization and large population base in the region. Introduction of favorable government regulations which promote sustainable construction practices along with rising number of high rise buildings and skyscrapers in countries such as Japan, South Korea, and China have fostered the demand for carbon textile reinforced concrete materials in APAC.

The market majors operating in global carbon textile reinforced concrete industry are ADCOS, Solidian, Weserland, EPC, Sansom, Rezplast, Hering Architectural Concrete, Tradecc, Hanson, Liajia, FCS, and Jinaheng among others.

Email ID*
Phone (With Country Code)*
What is/are your question(s)?:

New Chemicals and Advanced Materials Reports

Turf Protection Flooring Rental Market - Growth, Trends, and Forecast to 2025

As per the credible estimates, turf protection flooring rental industry is predicted grow considerably through 2025. Surging investments towards infrastructural development along with rapid urbanization are bolstering the demand for natural as well a...

Softline Coating Market Size | Global Industry Growth Report, 2025

As per credible estimates, Softline coating market is poised to acquire commendable gains by the end of 2025. Softline coatings offer additional features such as breathability, heat stability, stain & soil repellence, anti-abrasion, anti-scratch,...

Scandium Metal Market Trends and Research Insights by 2025

According to trusted estimates, global scandium metal market is projected to expand with a CAGR of 3.4% during 2020-2025 to accrue USD 78 million by the end of study period. Growing use of scandium in solid oxide fuel cells, metallurgy, ceramics, ele...

Pump in Lubrication Application Market Research Report 2025

Lubrication systems use pumps for directing lubricants from the reservoir to all the lubrication points of the machine. Rapid growth of automotive and construction industries is boosting the adoption of these systems. Lubricating pumps aid in extendi...

Infrared Reflective Glazing Market Share | Industry Growth Report 2025

As per credible projections, infrared reflective glazing industry is presumed to expand with 9.7% CAGR through 2025, hence exceeding USD 2703 million by the end of study duration. Changing climatic conditions along with rising concerns regarding incr...