Glass Fiber Reinforced Concrete Market was evaluatedat US$ 5.23 Bn in 2023 and is expected to reach 11.42 Bn by 2030, at a CAGR of 11.8% during a forecast period. The report has analysed the revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.Glass Fiber Reinforced Concrete Market Definition:
Glass FiberReinforced Concrete (GFRC) is composed of glass fibers, sand, cement, and water to provide high tensile strength, durability, fire resistance, electrical neutrality, chemical resistance, and thermal resistance. It reduces the maintenance and transportation cost of the product owing to the lightweight and long-lasting property of the product.To know about the Research Methodology :- Request Free Sample Report Market Drivers and Restraints:The global market is driven by the rise in demand for corrosion-resistant materials, the use of recycled material for production, and reduced construction time and cost. An increased prominence on green buildings and rising demand for glass fiber in various commercial, residential, and civil constructions will impel market growth in the forecast period. However, an economic downturn in major regions, instability in raw material price, and availability of substitute materials in the market may restrain the market growth at the global level. Growing number construction projects in developing countries like China and India are projected to create beneficial growth opportunities for key players in the market. Lack of awareness related to precast concrete methods between end-users and the high production along with labour cost are the major challenges for the global market in the near future.
Market Segment Analysis:
By application, the commercial segment has led the global market in 2023 and is expected to generate more than US$ xx Mn market revenue by 2030, with a CAGR of xx%. Commercial construction uses a huge amount of GFRC materials in various forms like the exterior, claddings, wall panels, columns, and capitals to increase the lifespan of these structures. It also supports to manage cracks and reduce the permeability of the construction. GFRC offers several benefits such as moisture absorption, design flexibility, fire resistance, weather resistance, crack-resistant, ease of handling, and durability are increasing the demand for GFRC as well as contribute to the construction industry growth.Market Regional Insights:
By region, the glass fiber reinforced concrete market has segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held a prominent market share of xx% in 2023 and is expected to reach US$ xx Mn by the end of 2030, with a CAGR of xx%. Developed regions like the U.S. and Canada are the leading contributors to the regional market growth. Among these, the U.S. is projected o holds the largest market share of xx% in forecast period owing to the increasing remodelling and renovation activities in the residential construction sector. In terms of value and volume, the Asia Pacific is expected to grow at a CAGR of xx% during the forecast period thanks to rising infrastructure spending and rising per capita income in emerging economies such as India, China, and Malaysia. The rising investments in research and development activities for the introduction of advanced glass fiber reinforced concrete materials are predicted to accelerate the growth of this region in the near future. The objective of the report is to present a comprehensive analysis of the Global market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global market dynamics, structure by analysing the market segments and project the Global market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.Glass Fiber Reinforced Concrete Market Scope: Inquire before buying
Glass Fiber Reinforced Concrete Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 5.23 Bn. Forecast Period 2024 to 2030 CAGR: 11.8% Market Size in 2030: US $ 11.42 Bn. Segments Covered: by Process Spray Premix Hybrid by Application Architecture Civil Construction Engineering Commercial Residential Building Defense Others Glass Fiber Reinforced Concrete Market Key Players
1. GB Architectural Cladding Products Ltd 2. FibrobetonYapıElemanları 3. Fibrex Construction Group BCM GRC Ltd 4. Glass Reinforced Concrete UK Ltd 5. Surecrete Design Products 6. Betofiber A.S 7. Blueconcrete 8. CHENG Concrete 9. Formglas Products Ltd 10. Fishstone 11. Frey-Fil Corporation 12. Loveld Nv 13. Pennine Stone Ltd 14. Telling Ltd 15. HUESKER 16. Low & Bonar 17. BarChip Pty Ltd 18. GRCUK Frequently Asked Questions: 1. Which region has the largest share in Global Glass Fiber Reinforced Concrete Market? Ans: North America region held the highest share in 2023. 2. What is the growth rate of Global Glass Fiber Reinforced Concrete Market? Ans: The Global Glass Fiber Reinforced Concrete Market is growing at a CAGR of 11.8% during forecasting period 2024-2030 3. What is scope of the Global Glass Fiber Reinforced Concrete Market report? Ans: Global Glass Fiber Reinforced Concrete Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Glass Fiber Reinforced Concrete Market? Ans: The important key players in the Global Glass Fiber Reinforced Concrete Market are – GB Architectural Cladding Products Ltd, FibrobetonYapıElemanları, Fibrex Construction Group BCM GRC Ltd, Glass Reinforced Concrete UK Ltd, Surecrete Design Products, Betofiber A.S, Blueconcrete, CHENG Concrete, Formglas Products Ltd, Fishstone, Frey-Fil Corporation, Loveld Nv, Pennine Stone Ltd, Telling Ltd, HUESKER, Low & Bonar, BarChip Pty Ltd, and GRCUK 5. What is the study period of this Market? Ans: The Global Glass Fiber Reinforced Concrete Market is studied from 2023 to 2030
1. Glass Fiber Reinforced Concrete Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Glass Fiber Reinforced Concrete Market: Dynamics 2.1. Glass Fiber Reinforced Concrete Market Trends by Region 2.1.1. North America Glass Fiber Reinforced Concrete Market Trends 2.1.2. Europe Glass Fiber Reinforced Concrete Market Trends 2.1.3. Asia Pacific Glass Fiber Reinforced Concrete Market Trends 2.1.4. Middle East and Africa Glass Fiber Reinforced Concrete Market Trends 2.1.5. South America Glass Fiber Reinforced Concrete Market Trends 2.2. Glass Fiber Reinforced Concrete Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Glass Fiber Reinforced Concrete Market Drivers 2.2.1.2. North America Glass Fiber Reinforced Concrete Market Restraints 2.2.1.3. North America Glass Fiber Reinforced Concrete Market Opportunities 2.2.1.4. North America Glass Fiber Reinforced Concrete Market Challenges 2.2.2. Europe 2.2.2.1. Europe Glass Fiber Reinforced Concrete Market Drivers 2.2.2.2. Europe Glass Fiber Reinforced Concrete Market Restraints 2.2.2.3. Europe Glass Fiber Reinforced Concrete Market Opportunities 2.2.2.4. Europe Glass Fiber Reinforced Concrete Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Glass Fiber Reinforced Concrete Market Drivers 2.2.3.2. Asia Pacific Glass Fiber Reinforced Concrete Market Restraints 2.2.3.3. Asia Pacific Glass Fiber Reinforced Concrete Market Opportunities 2.2.3.4. Asia Pacific Glass Fiber Reinforced Concrete Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Glass Fiber Reinforced Concrete Market Drivers 2.2.4.2. Middle East and Africa Glass Fiber Reinforced Concrete Market Restraints 2.2.4.3. Middle East and Africa Glass Fiber Reinforced Concrete Market Opportunities 2.2.4.4. Middle East and Africa Glass Fiber Reinforced Concrete Market Challenges 2.2.5. South America 2.2.5.1. South America Glass Fiber Reinforced Concrete Market Drivers 2.2.5.2. South America Glass Fiber Reinforced Concrete Market Restraints 2.2.5.3. South America Glass Fiber Reinforced Concrete Market Opportunities 2.2.5.4. South America Glass Fiber Reinforced Concrete Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Glass Fiber Reinforced Concrete Industry 2.8. Analysis of Government Schemes and Initiatives For Glass Fiber Reinforced Concrete Industry 2.9. Glass Fiber Reinforced Concrete Market Trade Analysis 2.10. The Global Pandemic Impact on Glass Fiber Reinforced Concrete Market 3. Glass Fiber Reinforced Concrete Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 3.1.1. Spray 3.1.2. Premix 3.1.3. Hybrid 3.2. Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 3.2.1. Architecture 3.2.2. Civil Construction 3.2.3. Engineering 3.2.4. Commercial 3.2.5. Residential 3.2.6. Building 3.2.7. Defense 3.2.8. Others 3.3. Glass Fiber Reinforced Concrete Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Glass Fiber Reinforced Concrete Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 4.1.1. Spray 4.1.2. Premix 4.1.3. Hybrid 4.2. North America Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 4.2.1. Architecture 4.2.2. Civil Construction 4.2.3. Engineering 4.2.4. Commercial 4.2.5. Residential 4.2.6. Building 4.2.7. Defense 4.2.8. Others 4.3. North America Glass Fiber Reinforced Concrete Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 4.3.1.1.1. Spray 4.3.1.1.2. Premix 4.3.1.1.3. Hybrid 4.3.1.2. United States Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Architecture 4.3.1.2.2. Civil Construction 4.3.1.2.3. Engineering 4.3.1.2.4. Commercial 4.3.1.2.5. Residential 4.3.1.2.6. Building 4.3.1.2.7. Defense 4.3.1.2.8. Others 4.7.2. Canada 4.3.2.1. Canada Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 4.3.2.1.1. Spray 4.3.2.1.2. Premix 4.3.2.1.3. Hybrid 4.3.2.2. Canada Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Architecture 4.3.2.2.2. Civil Construction 4.3.2.2.3. Engineering 4.3.2.2.4. Commercial 4.3.2.2.5. Residential 4.3.2.2.6. Building 4.3.2.2.7. Defense 4.3.2.2.8. Others 4.7.3. Mexico 4.3.3.1. Mexico Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 4.3.3.1.1. Spray 4.3.3.1.2. Premix 4.3.3.1.3. Hybrid 4.3.3.2. Mexico Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Architecture 4.3.3.2.2. Civil Construction 4.3.3.2.3. Engineering 4.3.3.2.4. Commercial 4.3.3.2.5. Residential 4.3.3.2.6. Building 4.3.3.2.7. Defense 4.3.3.2.8. Others 5. Europe Glass Fiber Reinforced Concrete Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.2. Europe Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3. Europe Glass Fiber Reinforced Concrete Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.1.2. United Kingdom Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.2.2. France Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.3.2. Germany Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.4.2. Italy Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.5.2. Spain Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.6.2. Sweden Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.7.2. Austria Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 5.3.8.2. Rest of Europe Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Glass Fiber Reinforced Concrete Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.2. Asia Pacific Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.7. Asia Pacific Glass Fiber Reinforced Concrete Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.1.2. China Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.2.2. S Korea Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.3.2. Japan Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.4.2. India Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.5.2. Australia Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.6.2. Indonesia Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.7.2. Malaysia Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.8.2. Vietnam Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.9.2. Taiwan Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 6.3.10.2. Rest of Asia Pacific Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Glass Fiber Reinforced Concrete Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 7.2. Middle East and Africa Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 7.7. Middle East and Africa Glass Fiber Reinforced Concrete Market Size and Forecast, by Country (2023-2030) 7.7.1. South Africa 7.3.1.1. South Africa Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 7.3.1.2. South Africa Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 7.7.2. GCC 7.3.2.1. GCC Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 7.3.2.2. GCC Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 7.7.3. Nigeria 7.3.3.1. Nigeria Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 7.3.3.2. Nigeria Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 7.3.4.2. Rest of ME&A Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 8. South America Glass Fiber Reinforced Concrete Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 8.2. South America Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 8.7. South America Glass Fiber Reinforced Concrete Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 8.3.1.2. Brazil Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 8.3.2.2. Argentina Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Glass Fiber Reinforced Concrete Market Size and Forecast, by Process (2023-2030) 8.3.3.2. Rest Of South America Glass Fiber Reinforced Concrete Market Size and Forecast, by Application (2023-2030) 9. Global Glass Fiber Reinforced Concrete Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Glass Fiber Reinforced Concrete Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. GB Architectural Cladding Products Ltd 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. FibrobetonYapıElemanları 10.3. Fibrex Construction Group BCM GRC Ltd 10.4. Glass Reinforced Concrete UK Ltd 10.5. Surecrete Design Products 10.6. Betofiber A.S 10.7. Blueconcrete 10.8. CHENG Concrete 10.9. Formglas Products Ltd 10.10. Fishstone 10.11. Frey-Fil Corporation 10.12. Loveld Nv 10.13. Pennine Stone Ltd 10.14. Telling Ltd 10.15. HUESKER 10.16. Low & Bonar 10.17. BarChip Pty Ltd 10.18. GRCUK 11. Key Findings 12. Industry Recommendations 13. Glass Fiber Reinforced Concrete Market: Research Methodology 14. Terms and Glossary