Product Code: ETC12241230 | Publication Date: Apr 2025 | Product Type: Market Research Report | ||
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The glass fiber reinforced gypsum market import shipment in India showed a steady growth trend with a modest CAGR from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024, indicating a slowdown in market expansion towards the end of the period.
The India glass fiber reinforced gypsum market is experiencing steady growth driven by the increasing construction activities in the country. Glass fiber reinforced gypsum products offer advantages such as lightweight, high strength, and fire resistance, making them popular in the construction industry for applications such as false ceilings, partitions, and decorative elements. The market is witnessing a surge in demand due to the rising trend of sustainable and eco-friendly construction materials. Key players in the Indian market are focusing on product innovation, expanding their product portfolios, and strategic partnerships to gain a competitive edge. Government initiatives promoting affordable housing and infrastructure development projects are further fueling the growth of the glass fiber reinforced gypsum market in India.
The India glass fiber reinforced gypsum market is experiencing growth due to the increasing demand for lightweight and durable construction materials in the building and construction sector. The trend towards sustainable and eco-friendly building practices is also driving the adoption of glass fiber reinforced gypsum products, as they offer high strength, fire resistance, and mold resistance while reducing the overall carbon footprint of construction projects. Additionally, advancements in technology and manufacturing processes are leading to the development of innovative glass fiber reinforced gypsum products with enhanced properties, further expanding the market potential. The growing emphasis on energy efficiency and cost-effectiveness in construction projects is expected to continue to fuel the demand for glass fiber reinforced gypsum materials in India.
In the India glass fiber reinforced gypsum market, one of the main challenges is the lack of awareness and limited acceptance of this innovative construction material among builders and developers. Traditional materials like cement and concrete are more commonly used in the construction industry, leading to a slow adoption rate for glass fiber reinforced gypsum. Additionally, the higher initial cost of this material compared to conventional options can be a deterrent for some stakeholders. Furthermore, the need for skilled labor and specialized installation techniques for working with glass fiber reinforced gypsum poses a challenge in terms of training and expertise. Overcoming these challenges will require targeted education and promotion efforts to showcase the benefits and versatility of this material in construction projects.
Investment opportunities in the India glass fiber reinforced gypsum market are promising due to the growing demand for sustainable and lightweight construction materials. With increasing awareness about environmental concerns and the need for energy-efficient buildings, the use of glass fiber reinforced gypsum is gaining traction in the construction industry. Investors can capitalize on this trend by investing in manufacturers of glass fiber reinforced gypsum products, such as panels, tiles, and columns. Additionally, there is potential for investment in research and development to further enhance the properties and applications of these materials. Overall, the India glass fiber reinforced gypsum market offers a promising investment landscape driven by the shift towards eco-friendly and innovative building solutions.
In India, government policies related to the glass fiber reinforced gypsum market primarily focus on promoting sustainable and eco-friendly construction practices. The government has introduced initiatives to encourage the use of alternative building materials like glass fiber reinforced gypsum to reduce the environmental impact of the construction industry. Additionally, there are regulations in place to ensure the quality and safety standards of construction materials, including glass fiber reinforced gypsum, to protect consumers and promote a more resilient built environment. Government incentives and subsidies may also be available to promote the adoption of innovative construction materials like glass fiber reinforced gypsum, further driving market growth and adoption in the construction sector.
The India glass fiber reinforced gypsum market is expected to witness steady growth in the coming years due to increasing construction activities in the country. The rising demand for lightweight, durable, and eco-friendly construction materials is driving the adoption of glass fiber reinforced gypsum products. Additionally, the growing focus on sustainable building practices and the government`s initiatives to promote green construction will further boost market growth. The market is also likely to benefit from technological advancements in manufacturing processes, leading to enhanced product quality and performance. Overall, the India glass fiber reinforced gypsum market is projected to experience positive growth opportunities in the foreseeable future, supported by the construction industry`s shift towards more sustainable and innovative building materials.
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 India Glass Fiber Reinforced Gypsum Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, 2021 & 2031F |
3.3 India Glass Fiber Reinforced Gypsum Market - Industry Life Cycle |
3.4 India Glass Fiber Reinforced Gypsum Market - Porter's Five Forces |
3.5 India Glass Fiber Reinforced Gypsum Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Glass Fiber Reinforced Gypsum Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 India Glass Fiber Reinforced Gypsum Market Revenues & Volume Share, By End use, 2021 & 2031F |
3.8 India Glass Fiber Reinforced Gypsum Market Revenues & Volume Share, By Key Properties, 2021 & 2031F |
3.9 India Glass Fiber Reinforced Gypsum Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
4 India Glass Fiber Reinforced Gypsum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Glass Fiber Reinforced Gypsum Market Trends |
6 India Glass Fiber Reinforced Gypsum Market, By Types |
6.1 India Glass Fiber Reinforced Gypsum Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Interior Walls, 2021 - 2031F |
6.1.4 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Exterior Walls, 2021 - 2031F |
6.1.5 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Ceilings, 2021 - 2031F |
6.1.6 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Flooring, 2021 - 2031F |
6.1.7 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Other Applications, 2021 - 2031F |
6.2 India Glass Fiber Reinforced Gypsum Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Boards, 2021 - 2031F |
6.2.3 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Panels, 2021 - 2031F |
6.2.4 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Blocks, 2021 - 2031F |
6.2.5 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Tiles, 2021 - 2031F |
6.2.6 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Other Forms, 2021 - 2031F |
6.3 India Glass Fiber Reinforced Gypsum Market, By End use |
6.3.1 Overview and Analysis |
6.3.2 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Residential Buildings, 2021 - 2031F |
6.3.3 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Commercial Buildings, 2021 - 2031F |
6.3.4 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Industrial Buildings, 2021 - 2031F |
6.3.5 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Infrastructure Projects, 2021 - 2031F |
6.3.6 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Other End-Use Sectors, 2021 - 2031F |
6.4 India Glass Fiber Reinforced Gypsum Market, By Key Properties |
6.4.1 Overview and Analysis |
6.4.2 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Fire Resistance, 2021 - 2031F |
6.4.3 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Moisture Resistance, 2021 - 2031F |
6.4.4 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Sound Absorption, 2021 - 2031F |
6.4.5 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Lightweight, 2021 - 2031F |
6.4.6 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Durability, 2021 - 2031F |
6.4.7 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Other Key Properties, 2021 - 2029F |
6.5 India Glass Fiber Reinforced Gypsum Market, By Fiber Type |
6.5.1 Overview and Analysis |
6.5.2 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By E-Glass Fiber, 2021 - 2031F |
6.5.3 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By ECR Glass Fiber, 2021 - 2031F |
6.5.4 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By S-Glass Fiber, 2021 - 2031F |
6.5.5 India Glass Fiber Reinforced Gypsum Market Revenues & Volume, By Other Fiber Types, 2021 - 2031F |
7 India Glass Fiber Reinforced Gypsum Market Import-Export Trade Statistics |
7.1 India Glass Fiber Reinforced Gypsum Market Export to Major Countries |
7.2 India Glass Fiber Reinforced Gypsum Market Imports from Major Countries |
8 India Glass Fiber Reinforced Gypsum Market Key Performance Indicators |
9 India Glass Fiber Reinforced Gypsum Market - Opportunity Assessment |
9.1 India Glass Fiber Reinforced Gypsum Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Glass Fiber Reinforced Gypsum Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 India Glass Fiber Reinforced Gypsum Market Opportunity Assessment, By End use, 2021 & 2031F |
9.4 India Glass Fiber Reinforced Gypsum Market Opportunity Assessment, By Key Properties, 2021 & 2031F |
9.5 India Glass Fiber Reinforced Gypsum Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
10 India Glass Fiber Reinforced Gypsum Market - Competitive Landscape |
10.1 India Glass Fiber Reinforced Gypsum Market Revenue Share, By Companies, 2024 |
10.2 India Glass Fiber Reinforced Gypsum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |