| Product Code: ETC5222256 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s glass fiber reinforced concrete import Market Top 5 Importing Countries and Market Competition (HHI) Analysis in 2024 continued to see a high level of concentration, with top exporters being Turkey, Romania, Slovakia, Serbia, and Austria. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced a significant decline in growth rate from 2023 to 2024, indicating some challenges. However, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 7.1%, reflecting overall steady expansion. The high concentration of import shipments suggests a competitive landscape among these key exporting countries, with potential implications for pricing and Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics in Bulgaria.

The glass fiber reinforced concrete (GFRC) market in Bulgaria is growing due to the use of GFRC in architectural and construction applications. GFRC is valued for its lightweight, durability, and versatility in design. The market growth is supported by increasing demand for innovative and sustainable building materials, advancements in GFRC technology, and the expansion of construction and infrastructure projects. The focus on improving building aesthetics and performance drives the development of the GFRC market.
The glass fiber reinforced concrete (GFRC) market in Bulgaria is driven by the growing demand for high-strength and durable concrete materials used in architectural and construction applications. GFRC provides benefits such as lightweight, flexibility in design, and resistance to weathering. The growth of the construction and architectural industries, advancements in GFRC technologies, and the increasing focus on developing innovative and sustainable building materials contribute to market growth. Additionally, the rise in demand for aesthetically appealing and high-performance concrete solutions and the emphasis on improving material properties support the demand for GFRC.
The glass fiber reinforced concrete (GFRC) market in Bulgaria encounters challenges related to production complexity and market awareness. GFRC offers numerous benefits in terms of durability and flexibility, but its production requires specialized techniques and materials, which can be costly. Moreover, there is limited awareness among builders and developers about the advantages of GFRC, limiting its adoption in construction projects.
The glass fiber reinforced concrete (GFRC) market in Bulgaria is shaped by government policies aimed at promoting innovative construction materials and supporting infrastructure development. The Bulgarian government supports the use of GFRC for applications such as building facades and decorative elements due to its durability and versatility. Policies emphasize the importance of integrating advanced GFRC technologies into construction projects. Additionally, the government provides incentives for investments in GFRC technologies to support industry growth and architectural innovation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Glass Fiber Reinforced Concrete Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Glass Fiber Reinforced Concrete Market - Industry Life Cycle |
3.4 Bulgaria Glass Fiber Reinforced Concrete Market - Porter's Five Forces |
3.5 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Bulgaria Glass Fiber Reinforced Concrete Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly construction materials |
4.2.2 Increasing focus on infrastructure development projects |
4.2.3 Rising adoption of lightweight and durable building materials |
4.3 Market Restraints |
4.3.1 High initial cost of glass fiber reinforced concrete compared to traditional materials |
4.3.2 Lack of awareness and limited availability of skilled labor for installation and maintenance |
5 Bulgaria Glass Fiber Reinforced Concrete Market Trends |
6 Bulgaria Glass Fiber Reinforced Concrete Market Segmentations |
6.1 Bulgaria Glass Fiber Reinforced Concrete Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Spray, 2021-2031F |
6.1.3 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Premix, 2021-2031F |
6.1.4 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Bulgaria Glass Fiber Reinforced Concrete Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Architecture, 2021-2031F |
6.2.3 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Civil Construction, 2021-2031F |
6.2.4 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Engineering, 2021-2031F |
6.2.5 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.6 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Residential, 2021-2031F |
6.2.7 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Building, 2021-2031F |
6.2.8 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Bulgaria Glass Fiber Reinforced Concrete Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Glass Fiber Reinforced Concrete Market Import-Export Trade Statistics |
7.1 Bulgaria Glass Fiber Reinforced Concrete Market Export to Major Countries |
7.2 Bulgaria Glass Fiber Reinforced Concrete Market Imports from Major Countries |
8 Bulgaria Glass Fiber Reinforced Concrete Market Key Performance Indicators |
8.1 Number of infrastructure projects incorporating glass fiber reinforced concrete |
8.2 Percentage of construction firms using glass fiber reinforced concrete in their projects |
8.3 Rate of increase in research and development investments in glass fiber reinforced concrete technology |
9 Bulgaria Glass Fiber Reinforced Concrete Market - Opportunity Assessment |
9.1 Bulgaria Glass Fiber Reinforced Concrete Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Bulgaria Glass Fiber Reinforced Concrete Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Bulgaria Glass Fiber Reinforced Concrete Market - Competitive Landscape |
10.1 Bulgaria Glass Fiber Reinforced Concrete Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Glass Fiber Reinforced Concrete Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |