Fiberglass Light Poles Market Analysis

Fiberglass Light Poles Market Analysis

In Italy, the round tapered fiberglass light pole held around 55% market revenue share in 2019 and accounted for nearly 60% of total shipments. The round tapered fiberglass light pole features a UV-inhibiting polyurethane coating and is available in multiple lighting styles. These composite poles are also available in direct burial and anchor-based structures. Few companies manufacturing these poles in compliance with the ANSI, AASHTO & ASTM standards.

Furthermore, unlike square straight poles, round tapered fiberglass light poles offer the maximum nominal mounting height of up to 40’ with a wider base.  Round tapered fiberglass lighting poles are ideal for outdoor lighting applications. The need for decorative lighting poles will drive the round tapered fiberglass pole segment growth.

The France residential application segment held over 25% fiberglass light poles market revenue share in 2019. The country is expected to generate revenue of over USD 10 million and 24 thousand units by 2026. The rising demand for eco-friendly light poles from residential users is supporting the industry growth.

However, recreational features and shapes provided by these lamps are the major factors contributing to the demand for fiberglass light poles. Market players are emphasizing different recreational light poles to attract residential customers. Fiberglass light poles beautify residential landscapes and neighborhoods while providing lighting as per needs to keep the area safe.

Moreover, fiberglass light poles can sustain high winds and other unprecedented environmental situations. These poles can be majorly seen in houses located near the French coastal areas. Fiberglass poles do not require maintenance during their usage period as they are corrosion-resistant. Special spray coating is used on the pole surface to ensure that they do not fade for a long period.

North America held a significant portion in the global fiberglass light poles market with a nearly 25% share in 2019 and is predicted to reach USD 150 million revenue by 2026. The regional industry growth is characterized by several government initiatives to set up fiberglass recycling plants and boost the production of composites. Additionally, the presence of leading players including Valmont Industries, Inc., RS Technologies, Inc., and Vitrica SA De CV has accentuated the market size expansion.

The government authorities in Canada are emphasizing on recycling fiberglass. Under the Canadian Plastics Innovation Challenge, the Canadian government provided over USD 100k to Jeosal Materials Research Corporation to develop a solution for recycling fiberglass. This is another major factor contributing to the expanding market presence of fiberglass light poles in the region.