Global Glass Fiber Reinforced Gypsum Market worth USD 3.58 billion by 2025 | Analysis By-Georgia-Pacific, National Gypsum, Formglas Products Ltd, CERTAINTEED, FRBL, Knauf Danoline A/S, USG Corporation, ingchuang Building Technique(Shanghai)Co.Ltd.
The Global Glass Fiber Reinforced Gypsum Market report can be used by both established and new players in the Chemical and Materials industry for complete understanding of the market. A transparent research method carried out with right tools and techniques makes this market research report world-class. The key research methodology used here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Global Glass Fiber Reinforced Gypsum Market report helps you by giving actionable market insights and comprehensive market analysis. The Global Glass Fiber Reinforced Gypsum Market report gives CAGR values along with its fluctuations for the specific forecast period.Market Analysis: Global Glass Fiber Reinforced Gypsum Market
The Global Glass Fiber Reinforced Gypsum Market is expected to reach USD 3.58 billion by 2025, from USD 2.30 billion in 2017 growing at a CAGR of 5.5% during the forecast to 2025.
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Major Market Competitors/Players:
Some of the major players operating in the market are-Continental, Georgia-Pacific, National Gypsum, Formglas Products Ltd, CERTAINTEED, FRBL, Knauf Danoline A/S, USG Corporation, ingchuang Building Technique(Shanghai)Co.Ltd., Horizons Industrial Development Co. L.L.C, CHIYODA UTE CO.,LTD, Saint – Gobain Gyproc India Ltd, Rapidwall, Stromberg Architectural, Metro-Goldwyn-Mayer Studios Inc, IntexForms, Inc among others
Market Definition:
Glass fiber reinforced gypsum (GFRG) Panel is majorly branded as rapidwall, it is a building panel product that is made of calcined gypsum, plaster which is then reinforced with glass fibers, for Mass-scale building construction. GFRG is generally used for rapid techniques for timely delivery of construction projects by adopting fast methodologies and alternate building materials that are necessary in various regions around the globe, to make the construction affordable and also sustainable.
Major Market Drivers and Restraints:
• High-Quality Material and Rapid Construction
• Increase in Number of Construction Projects in Developed and Developing Economies
• Need for Eco-Friendly and Cost-Effective Construction Products
• Very Less Manufacturing Plants in the Developing Countries
• Difficulty in Transportation and Building High-Rise Buildings
• Uncertainty in the Global Political Scenario
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Market Segmentation:
The global glass fiber reinforced gypsum market is segmented based on, type, application, end-user and geographical segments.
• Based on type, the market is segmented into type x, type c, and others
• Based on Application, the market is segmented into interior, exterior and others. The interior is sub segmented into wall, ceiling & floor, column & light cover and the exterior segment is sub segmented into Wall and Cladding
• Based on End User, the market is segmented into non-residential, residential and others. The non-residential is further segmented into institutions, hospitals, offices, airports, others
• Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Competitive Analysis:
The global glass fiber reinforced gypsum market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of glass fiber reinforced gypsum market for global, Europe, North America, Asia Pacific and South America.
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