By the end of 2025, the global market is foreseen to reach a valuation of US$ 1,187.82 Mn, increasing from a US$ 904.37 Mn attained in 2017, expanding at a CAGR of 3.46% throughout the projected period.
Global Rebar Coupler Market: Drivers and Restraints
Increasing realization of several advantages of mechanical splicing systems over lapped joints is projected to augur well for the global rebar coupler market. The focus could be more on the development of various quick-to-install and high strength coupling systems in the market.
In the precast concrete sector, the demand for grout sleeve coupler could increase due to its use in construction joints. Such couplers could also be used to deal with alignment issues and rebar tolerance in in-situ cast construction.
On the other hand, high demand for parallel thread couplers in large infrastructure development projects because of their improved fatigue resistance and full strength connection is prophesied to create opportunities in the global rebar coupler market.
Use of cutting-edge technology and finest raw materials is envisaged to attract new customers in the global rebar coupler market.
However, the need to meet complex local product preferences and national standards is expected to make it difficult for manufacturers to create to a wide customer base.
Global Rebar Coupler Market: Forecast by Application and Product
By application, the global rebar coupler market is classified into building construction and other segments. Rebar coupler finds application in bridges, high-rise buildings, and other constructions.
By product, the report segments the global rebar coupler market into grout sleeve, MBT, parallel thread standard bar, and tapered thread bar couplers.
The authors of the report have provided deep analysis of each of these segments to explore their market potential and demand growth for the next few years.
Global Rebar Coupler Market: Forecast by Region
Among the key regions studied in the report, Asia Pacific is prognosticated to gain a king’s share of the global rebar coupler market. In 2017, its market share exceeded 35.0%. North America could be next on the list of high growth regional markets for rebar coupler.
Europe and the U.S. are observed to provide the most of high-end products offered in the global rebar coupler market.
Other regions studied in the report are North America, South America, and the MEA.
Global Rebar Coupler Market: Key Manufacturers
Some of the leading players operating in the global rebar coupler market are Terwa, Peikko Group, Tokyo Tekko, nVent, and AGF Group. Among these, AGF Group is researched to be the largest manufacturer of rebar coupler.
The report provides details about major players of the global rebar coupler market, including their contact information, market shares, sales, product specifications, and company profiles. It also discusses cost structures and manufacturing processes followed in the market.
Full Report Overview@ https://www.qyresearch.com/index/detail/505883/global-rebar-coupler-market