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FRP Utility Pole Market Report
FRP Utility Pole Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026
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.
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.
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.
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.
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.
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Research Scope |
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Trend & Forecast Period |
2015-2026 |
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Regions Covered |
North America, Europe, Asia-Pacific, Rest of the World |
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Size in 2026 |
US$ 188.6 Million |
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Countries/Subregions Covered |
The USA, Canada, Mexico, Scandinavia, Russia, Germany, China, Australia, India, Brazil, Turkey and others |
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Figures & Tables |
>150 |
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Customization |
Up to 10% customization available free of cost |
The FRP Utility Pole Market is segmented into the following categories.
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-
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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segment
Competitive Benchmarking
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 sales@stratviewresearch.com.
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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