The hemp rebar market size has grown strongly in recent years. It will grow from $67.57 billion in 2024 to $72.66 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to sustainable construction practices, environmental regulations and standards, renewable resource utilization, durability and strength properties, increasing demand for sustainable products.
The hemp rebar market size is expected to see strong growth in the next few years. It will grow to $91.92 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to growing sustainable construction practices, regulatory support for sustainable building, rising construction industry awareness, global hemp market expansion, demonstration projects and case studies. Major trends in the forecast period include construction industry collaboration, advancements in hemp processing technologies, innovation in construction material, consumer preference for natural materials, diversification of applications.
The growing demand for green buildings is expected to drive the growth of the hemp rebar market. Green buildings, also known as sustainable or high-performance buildings, aim to minimize negative environmental impacts and maximize positive effects on occupants. Hemp rebar, utilized in green buildings, offers a potential alternative to traditional steel rebar with numerous environmental and performance benefits. The growth of hemp sequesters carbon, and the manufacturing process requires less energy, resulting in a smaller overall carbon footprint for the final product. For instance, in October 2022, the U.S. Green Building Council reported an increase in LEED-certified projects in China, reflecting the global trend towards sustainable construction. The rising demand for green buildings is thus propelling the growth of the hemp rebar market.
The growth of the hemp rebar market is expected to be driven by an increase in infrastructure projects. Infrastructure projects encompass large-scale construction or development efforts aimed at building, upgrading, or maintaining essential facilities and systems that support a society or economy. Hemp rebar offers infrastructure projects a low-cost, non-corroding alternative to steel. For example, in 2023, the World Bank, a US-based international financial institution, reported that 68 countries received investments across 322 projects, up from 54 countries and 260 projects in 2022. Thus, the rise in infrastructure projects is fueling the growth of the hemp rebar market.
Key players in the hemp rebar market are focusing on innovation, introducing advanced processes such as pultrusion to replace traditional steel rebar. Pultrusion, a continuous manufacturing process, converts fiber reinforcements and resin matrices into finished products with a constant cross-section. For instance, in January 2022, researchers from Rensselaer Polytechnic Institute developed hemp rebar through a pultrusion process. This alternative to steel rebar is designed to be as strong as steel, providing a non-corroding, eco-friendly option for construction projects, potentially reducing greenhouse gas emissions. The adoption of innovative processes is driving advancements in the hemp rebar market.
Major companies operating in the hemp rebar market report are Sunstrand Corporation, Arm Composites Ltd., Lime Technology Ltd., Hemp Traders, HempWood, Hemp Fortex Industries Ltd., All American Hemp Company, HempFlax Group B.V., Bastcore, Dunagro, Hempitecture, IsoHemp, Hemp Technologies Global, Vital Hemp, Hemp Direct, Hemp Plastic Company, Just Bio Fiber, American Hemp LLC, Hemp Angel Products, UK Hempcrete.
North America was the largest region in the hemp rebar market in 2024. The regions covered in the hemp rebar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hemp rebar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hemp rebar market consists of sales of functionalized hemp rebar, bio-composite rebar, textile-based rebar, nano-reinforcement and high-pressure densification. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Hemp rebar is a construction material crafted from processed hemp fibers, serving as a reinforcing element in concrete structures. It is engineered to deliver strength and durability similar to traditional steel rebar. Additionally, hemp rebar boasts advantages such as being non-corrosive and has the potential to contribute to reduced greenhouse gas emissions.
The primary types of hemp rebar include processed hemp fiber and raw hemp fiber. Processed hemp fiber is a natural fiber extracted from the stalk of the hemp plant. It is obtained through the separation of the outer bark from the inner woody core of the hemp plant. Processed hemp fibers are manufactured in various bar sizes, such as 0.25 Inch x 4 Feet, 0.375 Inch x 4 Feet, 0.5 Inch x 4 Feet, and 0.625 Inch x 4 Feet, and find applications in construction, automotive, and aerospace industries.
The hemp rebar market research report is one of a series of new reports that provides hemp rebar market statistics, including hemp rebar industry global market size, regional shares, competitors with a hemp rebar market share, detailed hemp rebar market segments, market trends and opportunities, and any further data you may need to thrive in the hemp rebar industry. This hemp rebar market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Hemp Rebar Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on hemp rebar market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for hemp rebar? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The hemp rebar market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Processed Hemp Fiber; Raw Hemp Fiber2) By Bar Size: 0.25 Inch x 4 Feet; 0.375 Inch x 4 Feet; 0.5 Inch x 4 Feet; 0.625 Inch x 4 Feet
3) By Application: Construction; Automotive And Aerospace
Subsegments:
1) By Processed Hemp Fiber: Hemp Fiber Composites; Hempcrete Reinforcements; Bio-Based Resins With Hemp Fiber2) By Raw Hemp Fiber: Long Hemp Fiber; Short Hemp Fiber; Bast Fiber
Key Companies Mentioned: Sunstrand Corporation; Arm Composites Ltd.; Lime Technology Ltd.; Hemp Traders; HempWood
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Hemp Rebar market report include:- Sunstrand Corporation
- Arm Composites Ltd.
- Lime Technology Ltd.
- Hemp Traders
- HempWood
- Hemp Fortex Industries Ltd
- All American Hemp Company
- HempFlax Group B.V.
- Bastcore
- Dunagro
- Hempitecture
- IsoHemp
- Hemp Technologies Global
- Vital Hemp
- Hemp Direct
- Hemp Plastic Company
- Just Bio Fiber
- American Hemp LLC
- Hemp Angel Products
- UK Hempcrete
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 72.66 Billion |
Forecasted Market Value ( USD | $ 91.92 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |