Los Angeles, December 9, 2019 – QY Research has added a new report to its repository of chemical and material market research studies. Bearing the title “Global Rebar Coupler Market Research Report 2019,” the report offers detailed analysis of the competition, segmentation, drivers, restraints, trends, opportunities, and other factors impacting the growth of the global rebar coupler market. As per the report, the global rebar coupler market is predicted to grow at a CAGR of 3.6% between 2019 and 2025. By the end of 2025, the global market value is expected to reach over US$800.0 Mn, improving from above US$600.0 Mn reached in 2018.
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The report offers exhaustive segmental analysis of the global rebar coupler market, covering key product type segments such as grout rebar coupler, MBT coupler, parallel thread standard bar coupler, and tapered thread bar coupler. It also throws light on important applications of rebar coupler, including building construction and others.
Standard tapered thread rebar coupler could be mainly used in these applications:
● High-rise structures
● Nuclear power stations
Impact of Concrete Construction Activities: High demand for rebar mechanical splicing solutions to be used in concrete construction is expected to strengthen the growth of the global rebar coupler market. Continuity rebar coupler finds use in the extension of reinforcement in construction without having to substantially deface or drill the formwork. Increased application of rebar coupler in construction activities involving the use of precast concrete is anticipated to create opportunities for manufacturers. Furthermore, high focus on the use of top-quality raw materials and latest coupling technology could help with the advancement of the global rebar coupler market.
According to analysts, the need to meet stringent construction standards set by governments and local construction equipment preferences could be one of the challenges faced by rebar coupler manufacturers.
High Infrastructure Development Spending in Asia Pacific: Asia Pacific is predicted to become a lucrative market for rebar coupler, considering the increasing investments in commercial infrastructure development and the need for new housing units. Countries such as India, Japan, China, and Singapore could create strong demand for rebar coupler with their high construction spending in the public and private sectors. Implementation of infrastructure initiatives and new models for financing infrastructure development is expected to work in the favor of the rebar coupler market in Asia Pacific. ASEAN member states are putting high emphasis on the significance of the Master Plan on ASEAN Connectivity 2025, which includes ‘sustainable infrastructure’ as one of the initiatives.
As per the report, leading players competing in the global rebar coupler market are nVent, Ironman, Dextra Group, BARUS, Tokyo Tekko, Henglian, Peikko Group, GLUS, Terwa, Sida Jianmao, and CRH.
Key Focuses of Leading Players in Global Rebar Coupler Market
● Continuous innovation of products and product manufacturing
● Extension of product lines and exploring new applications of rebar coupler
● Improving product versatility by introducing solutions that can connect reinforcing bars slantingly, vertically, and also laterally
● Signing long-term contracts with building and construction companies
● Meeting stringent building and construction and product safety requirements
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