The Global Composite Building Materials Market was valued at USD 31.5 Billion in 2025 and is projected to reach USD 55.8 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2024–2034). This expansion is primarily driven by escalating investment in resilient public infrastructure, the urgent need for corrosion-resistant construction solutions, and the accelerating global adoption of sustainable building practices.

As the construction industry pivots towards materials that offer superior longevity and environmental benefits, the focus intensifies on the key manufacturers and innovators defining the market’s trajectory. In this analysis, we profile the Top 10 Companies in the Composite Building Materials Industry—a blend of established global players and specialized innovators who are engineering the future of modern construction.

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🔟 1. Schoeck

Headquarters: Baden-Baden, Germany
Key Offering: Schöck ComBAR® (GFRP Rebar), Thermal Break Solutions, Structural Connectors

Schoeck is a global leader in composite building materials, renowned for its high-performance solutions that enhance building energy efficiency and structural integrity. The company’s flagship product, Schöck ComBAR®, is a glass fiber-reinforced polymer (GFRP) rebar that eliminates thermal bridging, a critical factor in preventing heat loss and condensation in buildings. Schoeck serves a wide range of projects, from commercial high-rises to infrastructure, across more than 40 countries.

Innovation & Sustainability Initiatives:

• Pioneering thermal break technology for energy-efficient building envelopes

• Extensive R&D in non-corrosive reinforcement for concrete structures

• Commitment to reducing the carbon footprint of the built environment through durable material solutions

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9️⃣ 2. Dextra Group

Headquarters: Bangkok, Thailand
Key Offering: GFRP Rebar (DextraGrip™), Basalt FRP Rebar, Post-Tensioning Systems

Dextra Group is a leading manufacturer and solution provider for construction products, with a strong focus on advanced composite materials. The company’s DextraGrip™ GFRP rebar is widely used in infrastructure projects requiring high corrosion resistance, such as bridges, ports, and water treatment plants. Dextra operates globally, with manufacturing facilities in Asia, North America, and Europe, supplying engineered solutions to major construction projects.

Innovation & Sustainability Initiatives:

• Development of high-strength, non-metallic reinforcement systems

• Strategic partnerships with engineering firms to codify composite material use

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8️⃣ 3. Pultron Composites

Headquarters: Gisborne, New Zealand
Key Offering: Pultruded GFRP Rebar, Profiles, Gratings, and Structural Shapes

Pultron Composites is a world-leading manufacturer of pultruded fiberglass reinforced polymer (GFRP) products. Specializing in rebar for concrete reinforcement, the company’s materials are essential for structures exposed to harsh environments like coastal areas and chemical plants. Pultron’s products are known for their consistent quality and are exported to over 30 countries, making them a key supplier for critical infrastructure.

Innovation & Sustainability Initiatives:

• Focus on pultrusion technology for high-volume, consistent product manufacturing

• Active participation in developing international standards for FRP reinforcement

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7️⃣ 4. Aslan FRP

Headquarters: Little Rock, Arkansas, USA
Key Offering: ASLAN™ GFRP Rebar, Concrete Form Ties, Microfilament Reinforcement

Aslan FRP is a prominent North American manufacturer specializing in fiber-reinforced polymer (FRP) rebar and related construction products. The company’s ASLAN™ rebar is a direct, non-corrosive replacement for steel in concrete, extensively used in transportation, water resources, and industrial applications. Aslan is recognized for its technical expertise and strong customer support network throughout the United States and Canada.

Innovation & Sustainability Initiatives:

• Development of specialized FRP solutions for seismic and high-chloride environments

• Investment in expanding production capacity to meet growing North American demand

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6️⃣ 5. Armastek

Headquarters: Miamisburg, Ohio, USA
Key Offering: Armabase™ GFRP Rebar, ArmaShield™ Coatings, Custom Composite Profiles

Armastek is an innovative manufacturer of composite rebar and structural profiles, focusing on the North American market. The company provides durable, non-conductive, and non-corrosive reinforcement solutions for concrete infrastructure. Armastek works closely with engineers and contractors to deliver customized composite products that address specific project challenges, particularly in corrosive and electrically sensitive environments.

Innovation & Sustainability Initiatives:

• R&D in composite coatings for enhanced durability

• Focus on providing solutions for bridge decks, parking garages, and utility structures

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5️⃣ 6. BP Composites (TUFF-Bar)

Headquarters: Hyderabad, India
Key Offering: TUFF-Bar® GFRP Rebar, Composite Ladders, Pultruded Profiles

BP Composites is a leading Indian manufacturer of FRP products, best known for its TUFF-Bar® brand of GFRP rebar. The company caters to the growing infrastructure needs of India and international markets, supplying materials for applications where corrosion resistance is paramount. BP Composites plays a significant role in advancing the adoption of composite materials in the rapidly developing South Asian construction sector.

Innovation & Sustainability Initiatives:

• Localized production to serve price-sensitive emerging markets

• Promotion of composites for enhancing the service life of infrastructure assets

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4️⃣ 7. Fiberline

Headquarters: Kolding, Denmark
Key Offering: Fiberline® GFRP Profiles, Bridges, Building Facades, Structural Systems

Fiberline is a European pioneer in the design and manufacture of pultruded fiberglass profiles for structural applications. The company’s products are used in a diverse range of projects, from pedestrian bridges and industrial structures to architectural facades. Fiberline is celebrated for its design-led approach, creating innovative composite solutions that demonstrate the material’s potential beyond traditional reinforcement.

Innovation & Sustainability Initiatives:

• Pioneering the use of GFRP profiles in iconic architectural and structural projects

• Focus on lifecycle assessment and the environmental benefits of composite structures

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3️⃣ 8. Hubei Yulong

Headquarters: Wuhan, Hubei, China
Key Offering: GFRP Rebar, Basalt FRP Rebar, FRP Mesh, Pultruded Products

Hubei Yulong is a major Chinese manufacturer of fiber-reinforced polymer products, serving the vast domestic infrastructure market and export customers. The company produces a comprehensive range of FRP rebar and structural profiles, supporting China’s massive investments in transportation, energy, and water conservation projects. Hubei Yulong benefits from the scale of its operations and its strategic position within the world’s largest construction market.

Innovation & Sustainability Initiatives:

• Large-scale production capabilities to meet domestic infrastructure demands

• Investment in basalt fiber technology as an alternative reinforcement material

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2️⃣ 9. Neuvokas Corporate

Headquarters: Ahmeek, Michigan, USA
Key Offering: Neuvokas GFRP Rebar, Corrosion-Resistant Concrete Reinforcement

Neuvokas Corporate is an innovative US-based manufacturer that has developed a proprietary, cost-effective method for producing GFRP rebar. The company’s technology aims to make composite rebar more accessible for a broader range of projects by addressing the traditional cost barrier. Neuvokas focuses on providing a durable alternative to steel that eliminates corrosion-related deterioration in concrete structures.

Innovation & Sustainability Initiatives:

• Patented manufacturing process for high-volume, low-cost GFRP rebar production

• Mission to make corrosion-resistant concrete the standard for public infrastructure

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1️⃣ 10. Technobasalt

Headquarters: Kyiv, Ukraine
Key Offering: Basalt Fiber, BFRP Rebar, Basalt Fabric, Basalt Mesh

Technobasalt is a leading international producer of materials based on continuous basalt fiber. The company’s BFRP rebar offers an alternative to GFRP, with high resistance to alkaline environments and superior temperature tolerance. Technobasalt supplies a wide range of industries, with its construction materials gaining traction for their performance characteristics and origin from abundant volcanic rock.

Innovation & Sustainability Initiatives:

• Specialization in basalt fiber technology and its applications in construction

• Development of composite materials from naturally occurring, non-metallic minerals

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🏗️ Outlook: The Future of Building is Stronger, Lighter, and More Durable

The composite building materials market is undergoing a fundamental transformation. While traditional materials like steel and concrete still dominate by volume, the industry is increasingly investing in high-performance composites that offer unparalleled durability, reduced lifecycle costs, and sustainability benefits.

📈 Key Trends Shaping the Market:

• Rapid adoption of GFRP rebar in bridges, ports, and water infrastructure to combat corrosion

• Regulatory push for resilient infrastructure with 75-100 year design lives, favoring composite solutions

• Advancements in material science leading to stronger, more cost-effective composite products

• Strategic alliances between composite manufacturers and large engineering firms to standardize specifications

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Composite Building Materials Market – View in Detailed Research Report

The companies profiled above are not only supplying materials for today’s construction—they’re engineering the foundation for a more sustainable and resilient built environment.