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FRP Pole Market Trends and Forecast

The future of the global FRP pole market looks promising with opportunities in power transmission and distribution, and telecommunication. The global FRP pole market is expected to reach an estimated $428.5 million by 2028 and is forecast to grow at a CAGR of 5.2% from 2022 to 2028. 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 like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles.

.FRP Pole Market by Application, Process, and Composite Material

Emerging Trends in the FRP Pole Market

Emerging trends, which have a direct impact on the dynamics of the FRP pole industry, includes focus on modular pole systems, increasing demand for fire resistance FRP poles, and growing demand for UV resistance properties in FRP pole.
A total of 78 figures / charts and 71 tables are provided in this 171-page report to help in your business decisions. A sample figure with insights is shown below. 

FRP Pole Market by Segments

FRP Pole Market by Segment

The study includes a forecast for the global FRP pole market by application, process, composite material, and region as follows:

By Application [Value ($M) and Volume (M Lbs) Shipment Analysis for 2017 – 2028]:

By Process [Value ($M) and Volume (M Lbs) Shipment Analysis for 2017 – 2028]:

By Composite Material [Value ($M) and Volume (M Lbs) Shipment Analysis for 2017 – 2028]:

By Region [Value ($B) and Volume (M Lbs) Shipment Analysis for 2017 – 2028]:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

List of FRP Pole Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies FRP pole companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the FRP pole companies profiled in this report includes. 

  • RS Technologies Inc.
  • Creative Composites Group
  • Valmont Industries
  • Geotek
  • Strongwell
  • Elsewedy Electric
  • Highland Industries
  • Petrofisa do Brasil
  • Jiangsu Jiuding New Material Co. Ltd
  • NOV

FRP Pole Market Insight

  • Lucintel forecasts that power transmission & distribution will remain the largest application and telecommunication is expected to witness the highest growth over the forecast period due to FRP poles’ high strength-to-weight ratio; durability; good handling of typical distribution loads, including phone lines, cable lines, and other standard pole mounted boxes; and easily installation.
  • Filament winding is expected to remain the largest market by value, mainly driven by applications in different industries over the forecast period.
  • North America is expected to remain the largest market over the forecast period due to the ongoing replacement of obsolete wooden poles in the US over the forecast period.

Features of FRP Pole Market

  • Market Size Estimates: FRP Pole market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Market size by application, process, composite material, and region
  • Regional Analysis: FRP Pole market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different by application, process, composite material, and regions for the FRP pole market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the FRP pole market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the FRP pole market size?
Answer: The global FRP pole market is expected to reach an estimated $428.5 million by 2028  
Q2. What is the growth forecast for FRP pole market?
Answer: The FRP pole market is expected to grow at a CAGR of 5.2% from 2023 to 2028.          
Q3. What are the major drivers influencing the growth of the FRP pole market?
Answer: 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 like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles. 
Q4. What are the major applications or end use industries for FRP pole?
Answer: Power transmission & distribution, telecommunication, and lightning are the major applications for FRP pole.      
Q5. What are the emerging trends in FRP pole market?
Answer: Emerging trends, which have a direct impact on the dynamics of the FRP pole industry, includes focus on modular pole systems, increasing demand for fire resistance FRP poles, and growing demand for UV resistance properties in FRP pole.
Q6. Who are the key FRP pole companies?
Answer: Some of the key FRP pole companies are as follows:

  • RS Technologies Inc.
  • Creative Composites Group
  • Valmont Industries
  • Geotek
  • Strongwell
  • Elsewedy Electric
  • Highland Industries
  • Petrofisa do Brasil
  • Jiangsu Jiuding New Material Co. Ltd
  • NOV

Q7. Which FRP pole product segment will be the largest in future?
Answer: Lucintel forecasts that filament winding is expected to remain the largest market by value, mainly driven by applications in different industries over the forecast period.
Q8. In FRP pole market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to remain the largest region over next 5 years  
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global FRP pole market by application (power transmission and distribution, telecommunication, lighting and other industries), process (filament winding, pultrusion, and centrifugal casting), composite material (resin and fiber), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to FRP pole market or related FRP pole companies, FRP pole market size, FRP pole  market share, FRP pole market growth, balsa core market research, write Lucintel analyst at email:
helpdesk@lucintel.com we will be glad to get back to you soon.

Table of Contents
1. Executive Summary

2. Global FRP Pole Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends and Forecasts
3.2: Global FRP Pole Market Trends and Forecast
3.3: Global FRP Pole Market by Application
3.3.1: Transmission and Distribution
3.3.2: Communication
3.3.3: Lighting and Others
3.4: Global FRP Pole Market by Manufacturing Process
3.4.1: Filament Winding
3.4.2: Pultrusion
3.4.3: Centrifugal Casting
3.5: Composite Materials in the Global FRP Pole Market
3.5.1: Fiber
3.5.2: Resin
3.5.2.1: Polyester
3.5.2.2: Polyurethane
3.5.2.3: Others
3.6: Impact of 5G in North America and the Global FRP Pole Market
 

4. Market Trends and Forecast Analysis by Region
4.1: Global FRP Pole Market by Region
4.2: North American FRP Pole Market
4.2.1: North American FRP Pole Market by Application
4.3: European FRP Pole Market
4.3.1: European FRP Pole Market by Application
4.4: APAC FRP Pole Market
4.4.1:APAC FRP Pole Market by Application
4.5: ROW FRP Pole Market
4.5.1: ROW FRP Pole Market by Application

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global FRP Pole Market by Application
6.1.2: Growth Opportunities for the Global FRP Pole Market by Region
6.1.3: Growth Opportunities for the Global FRP Pole Market by Manufacturing Processs
6.2: Emerging Trends in the Global FRP Pole Market
6.3: Strategic Analysis
6.3.1: Capacity Expansion
6.3.2: Mergers and Acquisitions

7. Company Profiles of Leading Players
7.1: RS Technologies Inc.
7.2: Creative Composites Group
7.3: Valmont Industries
7.4:Geotek
7.5: Strongwell
7.6: Elsewedy Electric
7.7: Highland Industries
7.8: Petrofisa do Brasil
7.9: Jiangsu Jiuding New Material Co. Ltd
7.10: NOV
.

Buy full report or by chapter as follows

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: FRP Pole Market: Trends, Opportunities and Competitive Analysis [2023-2028] Full Report $ 4,850
78 figures/charts and 71 tables are provided in this 171 - page report
Chapter - 1: Executive Summary 4 $ 435
1. Executive Summary
Chapter - 2: Global FRP Pole Market Dynamics 20 $ 218
2. Global FRP Pole Market Dynamics
2.1 Introduction, Background, and Classification
2.2 Supply Chain
2.3 Industry Drivers and Challenges
 
Chapter - 3: Market Trends and Forecast Analysis from 2013 to 2024 35 $ 1,740
3. Market Trends and Forecast Analysis from 2013 to 2024
3.1 Macroeconomic Trends and 40
3.2 Global FRP Pole Market Trends and Forecast
3.3 Global FRP Pole Market by End Use Industry
3.3.1 Power Transmission and Distribution
3.3.2 Telecommunication
3.3.3 Lighting and Other Industries
3.4 Global FRP Pole Market by Process
3.4.1 Filament Winding
3.4.2 Pultrusion
3.4.3 Centrifugal Casting
3.5 Composite Materials in the Global FRP Pole Market
3.5.1 Fiber
3.5.2 Resin
3.5.2.1 Polyester
3.5.2.2 Polyurethane
3.5.2.3 Others
 
Chapter - 4: Market Trends and Forecast Analysis by Region 6 $ 2,248
4. Market Trends and Forecast Analysis by Region
4.1 Global FRP Pole Market by Region
4.2 North American FRP Pole Market
4.3 European FRP Pole Market
4.4 APAC and ROW FRP Pole Market
Chapter - 5: Competitor Analysis 14 $ 725
5. Competitor Analysis
5.1 Product Portfolio Analysis
5.2 Market Share Analysis
5.3 Geographical Reach
5.4 Porter’s Five Forces Analysis
Chapter - 6: Growth Opportunities and Strategic Analysis 8 $ 508
6. Growth Opportunities and Strategic Analysis
6.1 Growth Opportunity Analysis
6.1.1 Growth Opportunities for the Global FRP Pole Market by End Use Industry
6.1.2 Growth Opportunities for the Global FRP Pole Market by Process
6.1.3 Growth Opportunities for the Global FRP Pole Market by Composite Material
6.1.4 Growth Opportunities for the Global FRP Pole Market by Region
6.2 Emerging Trends in the Global FRP Pole Market
6.2.1 Capacity Expansion in the Global FRP Pole Market
6.2.2 Mergers, Acquisitions, and Joint Ventures in the Global FRP Pole Market
Chapter - 7: Company Profiles of Leading Players 21 $ 870
7. Company Profiles of Leading Players
7.1 RS Technologies Inc.
7.2 Creative Pultrusions, Inc.
7.3 Valmont Industries
7.4 Geotek
7.5 Strongwell
7.6 Composite Materials Technology, LLC
7.7 Elsewedy Electric
7.8 Highland Industries, Inc.
7.9 Petrofisa do Brasil Ltda.
7.10 Jiangsu Jiuding New Material Co., Ltd
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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