Product Code: ETC5222289 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The glass fiber reinforced concrete (GFRC) market in Hong Kong is gaining traction due to its lightweight, high-strength, and corrosion-resistant properties. GFRC is widely used in architectural applications, such as façade panels and decorative elements, in both residential and commercial buildings. The material`s versatility and cost-effectiveness have contributed to its growing adoption in Hong Kong construction industry.
The Hong Kong glass fiber reinforced concrete (GFRC) market is driven by the growing focus on durable, lightweight construction materials. The demand for innovative and flexible architectural designs, along with the increasing emphasis on eco-friendly building materials, supports the adoption of GFRC. Moreover, the material`s superior strength and resistance to cracking and corrosion make it ideal for modern infrastructure projects.
The market for glass fiber reinforced concrete (GFRC) in Hong Kong struggles with high production costs and the complexity of integrating GFRC into existing construction processes. There is also a lack of awareness and technical expertise required for the proper application of GFRC in architectural projects.
The Hong Kong governments focus on durable and sustainable construction materials has led to policies that support the use of glass fiber reinforced concrete (GFRC). Regulations under the Buildings Ordinance promote the use of materials that enhance building resilience and sustainability. Government initiatives also support the research and development of advanced construction materials, including GFRC, to meet the regions increasing demand for environmentally friendly construction solutions.
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 Hong Kong Glass Fiber Reinforced Concrete Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Glass Fiber Reinforced Concrete Market - Industry Life Cycle |
3.4 Hong Kong Glass Fiber Reinforced Concrete Market - Porter's Five Forces |
3.5 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Hong Kong Glass Fiber Reinforced Concrete Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and durable construction materials |
4.2.2 Growth in construction activities and infrastructure development in Hong Kong |
4.2.3 Rising awareness about the benefits of using glass fiber reinforced concrete (GFRC) in construction projects |
4.3 Market Restraints |
4.3.1 High initial costs associated with GFRC compared to traditional materials |
4.3.2 Limited availability of skilled labor for GFRC installation and maintenance in Hong Kong |
5 Hong Kong Glass Fiber Reinforced Concrete Market Trends |
6 Hong Kong Glass Fiber Reinforced Concrete Market Segmentations |
6.1 Hong Kong Glass Fiber Reinforced Concrete Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Spray, 2021-2031F |
6.1.3 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Premix, 2021-2031F |
6.1.4 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Hong Kong Glass Fiber Reinforced Concrete Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Architecture, 2021-2031F |
6.2.3 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Civil Construction, 2021-2031F |
6.2.4 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Engineering, 2021-2031F |
6.2.5 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.6 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Residential, 2021-2031F |
6.2.7 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Building, 2021-2031F |
6.2.8 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Hong Kong Glass Fiber Reinforced Concrete Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Glass Fiber Reinforced Concrete Market Import-Export Trade Statistics |
7.1 Hong Kong Glass Fiber Reinforced Concrete Market Export to Major Countries |
7.2 Hong Kong Glass Fiber Reinforced Concrete Market Imports from Major Countries |
8 Hong Kong Glass Fiber Reinforced Concrete Market Key Performance Indicators |
8.1 Percentage increase in the number of construction projects utilizing GFRC |
8.2 Adoption rate of GFRC in major infrastructure projects in Hong Kong |
8.3 Number of GFRC manufacturers and suppliers entering the Hong Kong market |
9 Hong Kong Glass Fiber Reinforced Concrete Market - Opportunity Assessment |
9.1 Hong Kong Glass Fiber Reinforced Concrete Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Hong Kong Glass Fiber Reinforced Concrete Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Hong Kong Glass Fiber Reinforced Concrete Market - Competitive Landscape |
10.1 Hong Kong Glass Fiber Reinforced Concrete Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Glass Fiber Reinforced Concrete Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |