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    FRP Utility Pole Market Report

    FRP Utility Pole Market Report
    Report code - SRAM607 Published On : Mar,2021 No. of Pages: 220
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    FRP Utility Pole Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2 See more...

    Impact of COVID-19 on FRP Utility Pole Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on FRP Utility Pole Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    In the FRP poles category, utility poles play a vital role, having the highest penetration among all applications. Wooden utility poles are prone to damage from fire, rotting, and degradation, whereas FRP poles have proven their ability to overcome these challenges efficiently. Apart from this, FRP poles also offer significant weight reduction which creates ease of transportation and is also having a longer life span with reduced maintenance.

    The FRP utility pole market has experienced a marginal impact of the pandemic as power projects, such as transmission and distribution, have been in operations throughout the year with an overall low disruption. The market is estimated to blossom at a healthy pace in 2021, followed by maintaining its growth thrust in the coming five years, reaching an estimated value of US$ 188.6 million in 2026.

    FRP-Utility-Pole-Market-Forecast

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    Segments' Analysis

    FRP Utility Pole Market Share by Application Type

    Stratview Research has firstly segmented the FRP utility pole market based on the application type as transmission, distribution, and telecommunication. Distribution is expected to remain the largest application type in the market over the next five years. High penetration of FRP poles in distribution applications in the major markets has led to the huge dominance of the segment. Various fire disaster incidents have proven FRP to be an efficient claimant over wood counterparts in the power distribution poles.

    FRP Utility Pole Market Share by Process Type

    Based on the process type, the FRP utility pole market is segmented as pultrusion, filament winding, and centrifugal casting. Filament winding holds a giant share in the market with most of the manufacturers engaged in manufacturing FRP poles through this process. Excellent dimensional stability and established technology in rounded/cylindrical parts have led to the high prevalence of the process in the market. Pultrusion also offers sizable market opportunities.

    FRP Utility Pole Market Share by Resin Type

    Based on the resin type, the market is segmented as polyurethane, polyester, and others. Polyurethane is likely to maintain its dominance during the forecast period, whereas polyester is expected to grow at the highest rate during the same period. There is a high penetration of polyurethane in the USA than in any other country in the world. Most of the manufacturers are using polyester resins, whereas some of them having a presence in the epoxy resins too.

    Regional Analysis

    In terms of regions, North America is expected to remain the largest market over the next five years. The USA is by far the world’s largest market for FRP utility poles, maintaining decades of leadership in the industry. Asia-Pacific represents huge whitespace opportunities with China being the sweet spot of the regional market. Various key countries, such as South Korea, India, Indonesia, Australia, Canada, Norway, Germany, and France, are currently diminutive markets with an overall low penetration of FRP in utility poles.

    FRP-Utility-Pole-Market-By-Region

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    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2015-2026

    Regions Covered            

    North America, Europe, Asia-Pacific, Rest of the World

    Size in 2026

    US$ 188.6 Million

    Countries/Subregions Covered

    The USA, Canada, Mexico, Scandinavia, Russia, Germany, China, Australia, India, Brazil, Turkey and others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The FRP Utility Pole Market is segmented into the following categories. 

    FRP Utility Pole Market Size, Share & Forecast, By Application Type

    • Transmission (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Distribution (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Telecommunication (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Utility Pole Market Size, Share & Forecast, By Process Type

    • Pultrusion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Filament Winding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Centrifugal Casting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Utility Pole Market Size, Share & Forecast, By Length Type

    • Up to 20ft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 20-40ft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Above 40ft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Utility Pole Market Size, Share & Forecast, By Resin Type

    • Polyurethane Pole (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyester Pole (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other Poles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Utility Pole Market Size, Share & Forecast, By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Scandinavia, Russia, Germany, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Australia, India, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Turkey, and Others)

    Key Players

    The supply chain of this market comprises raw material suppliers, FRP pole manufacturers, and state and national electrical distribution and transmission authorities.

    The key composite pole manufacturers are-

    • Jerol Industrial AB
    • RS Technologies
    • Ameron (A NOV Company)
    • Shakespeare (A Valmont Company)
    • Creative Pultrusion Inc
    • Strongwell
    • Petrofisa Do Brasil
    • Europoles
    • Intelli Pole(Highland Industries)
    • Alliance Composites
    • Nantong Wellgrid Pvt Ltd
    • Shanghai Tunghsing Composites Co. Ltd.

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. About 15 detailed primary interviews with the market players across the value chain in all major regions and industry experts have been executed to obtain both qualitative and quantitative insights.

    Report Features

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s FRP utility poles market realities and future market possibilities for the forecast period of 2021 to 2026. The report estimates the short- as well as long-term repercussions of the COVID-19 pandemic on the demand for FRP utility poles at the global, regional, as well as country level. Also, the report provides the possible loss that the industry will endure by comparing pre-COVID and post-COVID scenarios. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of low-hanging fruits available in the market as well as formulate growth strategies. 

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market forecast analysis
    • Market segment forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segment

    • Current market size (2020) of FRP poles by length type by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, and regional presence.

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The FRP utility pole market size is expected to witness an impressive CAGR to reach US$ 188.6 million in the foreseeable future.

    Jerol Industrial AB, RS Technologies, Ameron (A NOV Company), Shakespeare (A Valmont Company), Creative Pultrusion Inc, Strongwell, Petrofisa Do Brasil, Europoles, Intelli Pole(Highland Industries), Alliance Composites, Nantong Wellgrid Pvt Ltd, Shanghai Tunghsing Composites Co. Ltd are among the key players in the FRP utility pole market.

    North America is expected to remain the largest FRP utility pole market during the forecast period of 2021-26.

    Polyurethane is expected to remain dominant resin type in the FRP utility pole market in the coming five years.

    Distribution is expected to remain the largest application type in the FRP Utility Pole Market in the coming years.

    Filament winding holds a giant share in the FRP utility pole Market during the next five years.

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