The global glass fiber reinforced concrete (GFRC) market is valued at approximately US$2.19 billion in 2019 and is expected to grow at a healthy growth rate of over 10.5% during the forecast period of 2020-2027.
Report Ocean released a new report on the glass fiber reinforced concrete (GFRC) market. The Glass Fiber Reinforced Concrete (GFRC) market report contains information about many factors, such as market constraints, drivers, and opportunities. In addition, the report provides an in-depth review of industry developments and market trends affecting the growth of the glass fiber reinforced concrete (GFRC) market. In addition, the database also analyzes and estimates the global and regional glass fiber reinforced concrete (GFRC) market.
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Glass fiber reinforced concrete is a special type of concrete, which is combined with glass fiber. This concrete form is effectively used for the development of facade wall panels, dressing tables, fire enclosures and concrete countertops. Glass fiber reinforced concrete can be produced by extrusion or injection molding. Due to the global spread of the coronavirus, the glass fiber reinforced concrete market is expected to be restricted for some time to come. As many economies face growth and decline in gross domestic product, people's disposable income is reduced, which restricts many transformation and construction activities. In view of the rise of global construction activities, and because of its unique properties and tensile strength, glass fiber concrete has played a commendable role in the reconstruction of buildings, water supply and drainage projects, bridges and tunnels. For example: According to data from the National Investment Promotion and Facilitation Agency, India's construction industry is expected to grow by 5.6% during 2016-20, compared to 2.9% during 2011-2015. Similarly, the construction industry in Germany increased from more than 427.84 billion U.S. dollars in 2010 to more than 571.51 billion U.S. dollars in 2016, an increase of 36.4%. In addition, the surge in demand for corrosion-resistant materials is a factor driving the market's growth in the forecast year. However, the economic downturn in major regions of the world is a factor hindering the market's growth in the forecast year. Download a free sample report, special discount (this report can enjoy a discount of up to 30%@:-https://reportocean.com/industry-verticals/sample-request?report_id=bw1301
Consider conducting a regional analysis of the global glass fiber reinforced concrete (GFRC) market in key regions such as Asia Pacific, North America, Europe, Latin America and the rest of the world. Due to the surge in demand for corrosion-resistant materials, North America is the leading/important region in the global market. However, the Asia-Pacific region is also expected to show the highest growth rate/compound annual growth rate during the 2020-2027 forecast period. Factors such as increased construction activity in the region will create profitable growth prospects for the glass fiber reinforced concrete (GFRC) market throughout the Asia-Pacific region.
The main market participants included in this report include: Ultratech Cement Ltd. Formglas Products Ltd. Willis Construction Co. Inc. Clark Pacific Loveld Fibrex Betofiber AS Stromberg Architectural BB Fiberbeton Nanjing Belida New Material System Engineering Co., Ltd.
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The purpose of the study is to define the market size of different market segments and countries in recent years, and to predict the value in the next eight years. The report aims to incorporate the qualitative and quantitative aspects of the industry into every region and country involved in the study. In addition, the report also provides detailed information on key aspects such as the driving factors and challenges that determine the future growth of the market. In addition, the report should also include the available opportunities for stakeholders to invest in the micromarket, as well as a detailed analysis of the competitive landscape and process products of the major players.
The detailed market segments and sub-segments are explained as follows:
According to the process: spraying pre-mixing
By application: commercial building, residential building, civil engineering and other infrastructure construction
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By region: North America, America, Canada, Europe, Britain, Germany, France, Spain, Italy ROE
Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the world
In addition, the years considered for the study are as follows:
Historical year – 2017, 2018 Base year – 2019 Forecast period – 2020 to 2027
The target audience of the global glass fiber reinforced concrete (GFRC) market in the market research:
Major consulting companies and consultants, large, medium and small enterprises, venture capitalists, value-added resellers (VAR), third-party knowledge providers, investment bankers
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The key questions answered in the polypropylene and polypropylene composites market report are:
How do multinational companies gain access to the market?
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This report covers all aspects of the regional analysis market.
The report includes data on North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
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The report analyzes the global companies in detail.
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This report provides comprehensive information on the factors that are expected to affect future market growth and market share.
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