| Product Code: ETC4500628 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Singapore GFRG (Glass Fiber Reinforced Gypsum) market, the import trend showed a slight decline from 2023 to 2024, with a growth rate of -0.7%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 22.21%. This decline in import momentum could be attributed to shifting demand patterns or market stabilization following the notable growth witnessed in the preceding years.
The Singapore GFRG market is experiencing notable growth as the construction industry seeks innovative and lightweight building materials. GFRG, a composite material composed of gypsum and glass fibers, is gaining traction due to its durability, fire resistance, and cost-effectiveness. In Singapore, where space is a premium and safety regulations are stringent, GFRG finds applications in interior design and architectural elements. As architects and builders increasingly turn to sustainable and efficient building solutions, the GFRG market is likely to continue its upward trajectory.
The Singapore GFRG (Glass Fiber Reinforced Gypsum) market is driven by the construction and architectural industries` desire for lightweight and fire-resistant materials. GFRG combines gypsum and glass fibers to create decorative and structural elements in building design. As architecture focuses on energy-efficient and aesthetically pleasing solutions, the demand for GFRG is expected to increase, supporting innovative architectural applications and interior design.
GFRG is a niche market in Singapore with unique challenges. The construction industry, where GFRG is often used for interior applications, is highly regulated. Meeting stringent building codes and safety standards can be a challenge for manufacturers. GFRG materials are also relatively delicate and may not be suitable for all construction needs. The market`s growth can be hampered by the preference for more traditional materials like drywall or concrete in certain applications.
The Singapore GFRG market, predominantly serving the construction and interior design industries, faced a slowdown during the pandemic, as construction projects were postponed or delayed due to social restrictions and supply chain disruptions. The reduced demand for new buildings and renovations impacted GFRG materials. However, the increasing focus on sustainable and environmentally friendly construction materials may drive the market`s recovery in the post-pandemic period, as GFRG is known for its lightweight and eco-friendly characteristics.
Major players in the Singapore GFRG market consist of firms such as GypWall, Saint-Gobain Gyproc, and American Gypsum. These companies are at the forefront of producing GFRG materials that are widely used in construction and interior design applications.
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 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market - Industry Life Cycle |
3.4 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market - Porter's Five Forces |
3.5 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly construction materials |
4.2.2 Growth in the construction industry in Singapore |
4.2.3 Rising awareness about the benefits of using GFRG in building construction |
4.3 Market Restraints |
4.3.1 High initial costs associated with GFRG materials |
4.3.2 Limited availability of skilled labor for GFRG installation |
4.3.3 Challenges related to the transportation and handling of GFRG products |
5 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Trends |
6 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market, By Types |
6.1 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Type X, 2021-2031F |
6.1.4 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Type C, 2021-2031F |
6.1.5 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Interior, 2021-2031F |
6.2.3 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Exterior, 2021-2031F |
6.3 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Import-Export Trade Statistics |
7.1 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Export to Major Countries |
7.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Imports from Major Countries |
8 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Key Performance Indicators |
8.1 Adoption rate of GFRG in new construction projects |
8.2 Number of GFRG manufacturing facilities in Singapore |
8.3 Percentage of construction companies using GFRG in their projects |
9 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market - Opportunity Assessment |
9.1 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market - Competitive Landscape |
10.1 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Revenue Share, By Companies, 2024 |
10.2 Singapore GFRG (Glass Fiber Reinforced Gypsum) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |