Market revenue in 2023 | USD 2.1 million |
Market revenue in 2030 | USD 3.1 million |
Growth rate | 5.5% (CAGR from 2023 to 2030) |
Largest segment | Fiber-reinforced polymer (frp) |
Fastest growing segment | Fiber-Reinforced Polymer (FRP) |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Fiber-Reinforced Polymer (FRP), Fabric-Reinforced Cementitious Matrix (FRCM) |
Key market players worldwide | Simpson Strong-Tie Company |
Fiber-reinforced polymer (frp) was the largest segment with a revenue share of 71.43% in 2023. Horizon Databook has segmented the Netherlands composite strengthening systems market based on fiber-reinforced polymer (frp), fabric-reinforced cementitious matrix (frcm) covering the revenue growth of each sub-segment from 2018 to 2030.
According to Cultural Heritage Agency, the country has presence of thirteen sites listed in UNESCO World Heritage Sites list.
These sites are considered as an crucial part of country’s culture and preservation of following structures are important.
This is expected to fuel the demand for composite strengthening systems as they help in strengthening the structure and increasing the load-bearing capacity, thereby, ensuring the security of people.
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