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Glass Fiber Reinforced Concrete (GFRC) Market 2019 – Industry Size, Trends, Market Overview, Growth Factors, Research Study Forecast to 2024


TheGlass Fiber Reinforced Concrete (GFRC) Marketresearch report 2019-2024 is focused on various market affecting factors and comprehensive factors of the industry. The Glass Fiber Reinforced Concrete (GFRC) market report illustrates the price analysis along with the features of the product, moreover, it points out the major market share in the different regions of the world. The Glass Fiber Reinforced Concrete (GFRC) market report helps to determine the actual market size and execute business resources in order to gain maximum profitability.

Market Overview:

  • The global glass fiber reinforced concrete market is expected to record a CAGR of over 9.5% during the forecast period of 2019–2024. The major factors driving the market studied are increased emphasis on green buildings (LEED ratings), superior mechanical characteristics (high strength-to-weight ratio), and the use of recycled material for production.
  • -Premium pricing, lack of ductility, and constraints regarding DIY activities are expected to hinder the growth of the market studied.
  • -Emphasis on using fire-retardant building materials, the growing popularity of GFRC structural insulated panels, and recovering construction and housing sector in Europe are likely to act as an opportunity to the market studied in the forecast period.

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    Scope of the Report:

  • This report studies the global Glass Fiber Reinforced Concrete (GFRC) market size, industry status and forecast, competition landscape and growth opportunity.

    List of Key Manufacturers Covered in Glass Fiber Reinforced Concrete (GFRC) Market:

  • BarChip Pty Ltd.
  • BCM GRC Ltd.
  • Betofiber A.S.
  • Blueconcrete
  • CHENG Concrete
  • Fibrex Construction Group
  • Fibrobeton Yap? Elemanlar?
  • Fishstone
  • Formglas Products Ltd.
  • Frey-Fil Corporation
  • GB Architectural Cladding Products Ltd.
  • Glass Reinforced Concrete UK Ltd.
  • Loveld Nv
  • Low & Bonar
  • Pennine Stone Ltd.
  • Propex Operating Company
  • LLC.
  • Surecrete Design Products
  • Telling Ltd

    Glass Fiber Reinforced Concrete (GFRC) Market Report Highlights: –

    • The report covers forecast and analysis for the market on a global and regional level.
    • The report includes the drivers and the restraints that affect the growth of the market.
    • The report discusses detailed information about the market opportunities.
    • The market is segmented on the basis of product and end-user industry which in turn is bifurcated on the regional level.
    • The key target audience for the market has been determined in the report.
    • The revenue generated by the prominent industry players has been analyzed in the report.

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    Key Market Trends:

    Sprayed – The Fastest Growing Segment by Type

    – Sprayed GFRC has been known for its ultimate performance and flexibility, across the world.
    – The higher flexural strength requires the use of higher fiber content with longer size fiber and lower water/cement ratio.
    – Sprayed GFRC has increased ductility, which allows the constructor to utilize panels with size as large as 10-15 m2. Due to their higher fiber content, the cement fibers and slurry can be applied directly to the molding surface using spray technique.
    – It is little common to premix with other forms of precast concrete. The sprayed GFRC is typically applied in two-layer format, in which, first layer is the face coat that has no fiber and thin layer, while the other layer has fiber and is sprayed with the equipment i.e., spray gun.
    – Sprayed GFRC equipment is costlier than premix equipment. The higher performance and usage in different constructive applications made this material widely preferable by the end-users.
    – Thus, from the points mentioned above, the glass fiber reinforced concrete market has high scope over the forecast period.

    North America Region to Lead the Market

    – North America was the largest market for glass fiber reinforced concrete with United States leading the consumption.
    – Glass fiber reinforced concrete is widely used in construction and repair of buildings. They are used in construction of foundations, roofing, floors, walls, and windows.
    – Residential construction spending in the country slightly fluctuated in 2017. However, the normal pace was restored gradually in 2018, when compared to 2017. With the growing construction industry in the country, there is an increase in the number of new homes.
    – In addition, growth is also being witnessed in the housing repair and refurbishment activities. The Harvard Joint Center for Housing Studies witnessed the remodeling expenditures for housing in the United States and reached USD 340 billion in 2018, exhibiting a growth of 7.5% over 2017.
    – The construction sector of Canada has witnessed a positive growth in 2018, after two years of gradual decrease in construction output. With the increase in investments from private and government sectors, the construction industry is expected to grow gradually over the forecast period. The demand for remodeling of houses in Mexico has also increased at a moderate rate in 2017.
    – All these factors would rapidly drive the market for glass fiber reinforced concrete in North America region during the forecast period.

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    Detailed TOC of Glass Fiber Reinforced Concrete (GFRC) Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Drivers
    4.1.1 Increased Emphasis on Green Buildings (LEED Ratings)
    4.1.2 Superior Mechanical Characteristics (High Strength-To-Weight Ratio)
    4.1.3 Use of Recycled Material for Production
    4.2 Restraints
    4.2.1 Premium Pricing
    4.2.2 Lack of Ductility
    4.2.3 Constraints Regarding DIY Activities
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5.1 Type
    5.1.1 Sprayed
    5.1.2 Premix
    5.1.3 Hybrids
    5.2 Application
    5.2.1 Architecture Cladding and Moldings Landscaping
    5.2.2 Building (New and Repair) Foundations and Floors Roofing Walls and Windows
    5.2.3 Engineering Permanent Formwork Utilities and Water Management Bridges and Tunnels
    5.2.4 Defense
    5.2.5 Others
    5.3 Geography
    5.3.1 Asia-Pacific China India Japan South Korea Rest of Asia-Pacific
    5.3.2 North America United States Canada Mexico
    5.3.3 Europe Germany United Kingdom Italy France Rest of Europe
    5.3.4 South America Brazil Argentina Rest of South America
    5.3.5 Middle East & Africa Saudi Arabia South Africa Rest of Middle East & Africa

    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 BarChip Pty Ltd.
    6.4.2 BCM GRC Ltd.
    6.4.3 Betofiber A.S.
    6.4.4 Blueconcrete
    6.4.5 CHENG Concrete
    6.4.6 Fibrex Construction Group
    6.4.7 Fibrobeton Yap? Elemanlar?
    6.4.8 Fishstone
    6.4.9 Formglas Products Ltd.
    6.4.10 Frey-Fil Corporation
    6.4.11 GB Architectural Cladding Products Ltd.
    6.4.12 Glass Reinforced Concrete UK Ltd.
    6.4.13 HUESKER
    6.4.14 Loveld Nv
    6.4.15 Low & Bonar
    6.4.16 Pennine Stone Ltd.
    6.4.17 Propex Operating Company, LLC.
    6.4.18 Surecrete Design Products
    6.4.19 Telling Ltd

    7.1 Emphasis on Using Fire-Retardant Building Materials
    7.2 Growing Popularity of GFRC Structural Insulated Panels
    7.3 Recovering Construction and Housing Sector in Europe


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