Global Glass Fiber Reinforced Concrete Market (2019-2025) | Analysis, Size, Share, Revenue, Growth, Forecast, Outlook & Segmentation

Latest 2023 Development of the Global Glass Fiber Reinforced Concrete Market

The Global glass fibre reinforced concrete market is registering rising demand in the construction industry. The global glass fiber reinforced concrete (GFRC) market is experiencing growth due to the increasing demand for sustainable and durable building materials. GFRC offers several benefits over traditional building materials such as increased durability, low maintenance, and reduced carbon footprint. Additionally, the GFRC market, like many other industries, was impacted by the COVID-19 pandemic due to supply chain disruptions and reduced demand. However, as the construction industry is expected to recover in the coming years, the GFRC market is also expected to witness growth.

The Global glass fiber-reinforced concrete market industry is experiencing several technological advancements. Several companies are investing in research and development to improve the properties of GFRC, such as its strength, workability, and colour options. For instance, the development of nanotechnology has led to the creation of high-strength and lightweight GFRC products. Additionally, the construction industry is increasingly adopting sustainable building practices, and GFRC is a popular choice due to its eco-friendliness. Manufacturers are using recycled materials to produce GFRC products, which is reducing the environmental impact of the construction industry. Moreover, the companies in the GFRC market are forming strategic collaborations and partnerships to expand their product portfolio and increase their global presence. These alliances will help the companies to increase their market share in the long run.

Global Glass Fiber Reinforced Concrete Market Synopsis

Fire & weather resistance, design flexibility, dimensional stability, ease of handling, lightweight, and rapid installation are a few of the properties associated with Glass Fiber Reinforced Concrete, which would accelerate the market growth over the coming years. Additionally, the rising awareness regarding eco-friendly building and construction has also contributed to the growth of the Glass Fiber Reinforced Concrete Market.

According to 6Wresearch, Global Glass Fiber Reinforced Concrete Market size is projected to grow during 2019-2025. North America, is the leading revenue-generating region in the Glass Fiber Reinforced Concrete market, globally owing to the tremendous growth of the building & construction industry in the region. The upcoming construction projects such as Bruce Power Refurbishment, Southwest Calgary Ring Road, Blue Line Extension, and Pattullo Bridge Replacement Project would lead to a further increase in market revenues during the forecast period.

The spray process dominates the Glass Fiber Reinforced Concrete market owing to its superior performance and its usage in different applications in the construction sector. Due to its higher flexural strength which requires the use of higher fibre content with longer size fibres and lower water-to-cement ratio, the spray glass fiber reinforced concrete has replaced the traditional hand-sprayed production methods.

The Global Glass Fiber Reinforced Concrete market report thoroughly covers the market by process, applications and by regions including Asia Pacific, Europe, North America, Latin America, Middle East and Africa and key countries. The Glass Fiber Reinforced Concrete market outlook report provides an unbiased and detailed analysis of the ongoing global Glass Fiber Reinforced Concrete market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Glass Fiber Reinforced Concrete Market stands for the GFRC is a mixture of concrete, water, cement and alkali-resistant glass fiber and is concrete of fiber reinforced. In the global glass fiber reinforced concrete market is a composite of materials and is preferred to the external infrastructure and there are a lot of advantages such as high mechanical strength, and fire resistance. Glass fiber reinforced is the type of concrete mixed with glass fibers.

The global glass fiber reinforced concrete market is estimated to witness exponential growth in the upcoming years on the back of rising commercial and residential sectors. Moreover, incredibly strong weather & fire resistance and long-lasting are several properties of the glass fiber reinforced material which are expected to assist the product gain interest in the commercial sector in the foreseeable future. Additionally, fibreglass is a lightweight material and the easy installation process of the material along with the low transportation cost of glass fiber-reinforced concrete material is expected to instigate significant growth of the Global glass fiber-reinforced concrete market during the forecast period.

Key Highlights of the Report:

• Global Glass Fiber Reinforced Concrete Market Overview
• Global Glass Fiber Reinforced Concrete Market Outlook
• Global Glass Fiber Reinforced Concrete Market Forecast
• Historical Data of Global Glass Fiber Reinforced Concrete Market Revenues, for the Period 2015-2018
• Global Glass Fiber Reinforced Concrete Market Size and Forecast of Revenues, Until 2025
• Historical Data of Global Glass Fiber Reinforced Concrete Market Revenues, by Process, for the Period 2015-2018
• Market Size & Forecast of Global Glass Fiber Reinforced Concrete Market Revenues, by Process, until 2025
• Historical Data of Global Glass Fiber Reinforced Concrete Market Revenues, by Applications, for the Period 2015-2018
• Market Size & Forecast of Global Glass Fiber Reinforced Concrete Market Revenues, by Applications, until 2025
• Historical Data of North America Glass Fiber Reinforced Concrete Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Glass Fiber Reinforced Concrete Market Revenues, Until 2025
• Historical Data of Latin America Glass Fiber Reinforced Concrete Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Latin America Glass Fiber Reinforced Concrete Market Revenues, Until 2025
• Historical Data of Europe Glass Fiber Reinforced Concrete Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Glass Fiber Reinforced Concrete Market Revenues, Until 2025
• Historical Data of Asia Pacific Glass Fiber Reinforced Concrete Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Glass Fiber Reinforced Concrete Market Revenues, Until 2025
• Historical Data of Middle East and Africa Glass Fiber Reinforced Concrete Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Middle East and Africa Glass Fiber Reinforced Concrete Market Revenues, Until 2025
• Market Drivers and Restraints
• Global Glass Fiber Reinforced Concrete Market Trends
• Market Opportunity Assessment
• Global Glass Fiber Reinforced Concrete Market Share, By Regions
• Global Glass Fiber Reinforced Concrete Market Share, By Players
• Global Glass Fiber Reinforced Concrete Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Glass Fiber Reinforced Concrete Market report provides a detailed analysis of the following market segments:

By Process:

• Spray
• Premix
• Hybrid

By Applications:

• Commercial Construction
• Residential Construction
• Civil & Other Infrastructure Construction

By Regions:

• Asia Pacific
• Europe
• North America
• Latin America
• Middle East and Africa

Global Glass Fiber Reinforced Concrete Market: FAQs