Global Glass Fiber Reinforced Concrete Market Size, Forecasts, And Opportunities – Includes Glass Fiber Reinforced Concrete Market Share
Learn about the global glass fiber reinforced concrete market through The Business Research Company, which provides information on glass fiber reinforced concrete market size, glass fiber reinforced concrete market drivers and restraints, glass fiber reinforced concrete market players, the COVID-19 impact on the glass fiber reinforced concrete market, and more.
The global glass fiber reinforced concrete market size is expected to grow from $2.74 billion in 2021 to $3.10 billion in 2022 at a compound annual growth rate (CAGR) of 13.24%. The global glass fiber reinforced concrete market size is expected to grow to $5.13 billion in 2026 at a CAGR of 13.41%.
Increasing emphasis on green buildings is significantly driving the growth of the glass fiber reinforced concrete market.
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The glass fiber reinforced concrete market consists of sales of glass fiber reinforced concrete (GFRC) by entities (organizations, partnerships, and sole proprietors) that is used to make structural concrete products that are both strong and lightweight, such as building panels, exterior building façade panels and architectural precast concrete. GFRC is similar to chopped fiberglass, but far weaker. It is composed of fine sand, cement, polymer, water, other admixtures, and alkali-resistant (AR) fibers.
Global Glass Fiber Reinforced Concrete Market Segments Include:
By Process: Spray, Premix, Hybrid
By Type: C30, C60, C100
By Application: Commercial Construction, Residential Construction, Civil and Other Infrastructure Construction
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the glass fiber reinforced concrete market in 2021.
3D printing is a key trend gaining popularity in the glass fiber reinforced concrete market. Major companies operating in the glass fiber reinforced concrete sector are focused on developing and using 3D printing solutions to strengthen their position.
Major Market Players: Ultratech Cement Ltd., Formglas Products Ltd., Willis Construction Co., Clark Pacific, Loveld, Fibrex Construction Group, Nanjing Beilida New Material System Engineering Co., Low & Bonar, Stromberg Architectural, Betofiber A.S., Bb Fiberbeton, BCM GRC Ltd., Blue Concrete, CHENG Concrete, Fishstone, Frey-Fil Corporation, GB Architectural Cladding Products, Hard Rock Developments, Pennine Stone, Surecrete Design Products, Glass Reinforced Concrete UK Ltd., Telling Ltd, GRCUK, and BarChip Pty Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Glass Fiber Reinforced Concrete Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides glass fiber reinforced concrete market overviews, analyzes and forecasts market size, share, glass fiber reinforced concrete market players, glass fiber reinforced concrete market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s glass fiber reinforced concrete market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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