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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.

  • 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.

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