Research and development efforts targeted at improving the production methods of FRP can lead to more cost-effective solutions, thereby encouraging wider adoption across sectors that have thus far relied on traditional materials. Furthermore, the integration of smart technologies and sensors into FRP products could open new avenues for monitoring and maintenance, providing real-time data regarding structural integrity and safety.
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4. Non-Conductive and Non-Magnetic FRP materials are non-conductive and non-magnetic, making them suitable for applications where electromagnetic interference or stray currents might be a concern. This property is particularly beneficial in the construction of structures such as bridges, tunnels, and electrical substations.
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3. Market Demand The construction industry has seen a gradual shift towards sustainable and durable materials. As more projects seek to utilize GFRP for its advantageous properties, demand continues to rise, which can drive up prices. Conversely, if supply outstrips demand, prices may stabilize or even decrease.
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