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Glass Fiber-Reinforced Gypsum (GFRG) Market to experience an impressive growth of 6.5% during 2019-2024

06-25-2019 12:56 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Glass Fiber-Reinforced Gypsum (GFRG) Market to experience

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Glass Fiber-Reinforced Gypsum (GFRG) Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Glass Fiber-Reinforced Gypsum (GFRG) Market.

The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2019-2024.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?

These questions and many more, big and small, are all discussed in the report in great detail.

The Glass Fiber-Reinforced Gypsum (GFRG) Market: Highlights
The glass fiber-reinforced gypsum market is expected to garner at an impressive CAGR of 6.5% during the forecast period. Growing construction activities and excellent performance of GFRG, such as marvelous aesthetic, sound absorption, fire resistance, and moisture resistance, are driving the GFRG market.

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.

Dissection by Segments
• by Type : Type X, Type C and Others
• by Application Type : Interior and Exterior
• by End-User Type : Non-Residential Construction and Residential Construction
• by Region : North America, Europe, Asia-Pacific, and RoW

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/440/Glass-Fiber-Reinforced-Gypsum-Market.html

Market Segments
Based on the type, the market is segmented into Type X, Type C, and others. Type X segment is expected to remain the largest as well as fastest-growing segment of the market during the forecast period. Type X is the most widely used material as it is easily available and cost-effective, and can tolerate high-temperature resistance.

Based on the application type, the GFRG market is further segmented into interior and exterior. The interior segment dominates the market and is also likely to grow at a higher rate in the coming five years. GFRG proves to be cost-effective and is easily available, which, in turn, drives its higher usage in loadbearing walls, partition walls, and other interior applications in both, residential and non-residential construction.

Based on the end-user type, the market is bifurcated into non-residential construction and residential construction. Non-residential construction segment held the largest share of the market in 2018 and is expected to remain the dominant segment during the forecast period, owing to its wide usage in hospitals, offices, airports, gymnasiums, auditoriums, movie theatres, and museums.

Europe leads the demand for the glass fiber-reinforced gypsum market, owing to the recovery of non-residential sector coupled with the presence of major GFRG suppliers in the region, such as Knauf Danoline A/S and Gillespie. Asia-Pacific is set to witness the highest growth in the coming five years, driven by an excellent growth in construction activities, especially in China and India

Players
Some of the key glass fiber-reinforced gypsum manufacturers are CertainTeed, and Sain Gobain Gyproc, Continental Building Products, USG Corporation, Knauf Danoline A/S, Georgia-Pacific LLC, National Gypsum Company, Yingchuang Building Technique Co. Ltd., American Gypsum Co. LLC, Formglas Products Ltd., Gillespie, Shanghai Chuncui Decoration Material Co., Ltd., Stromberg Architectural Products, Rapidwall, Plasterceil Industries Pte Ltd., Chiyoda UTE Co., Ltd., Owens Corning, Horizons Industrial Development Co. L.L.C., Intexforms, Inc., Fibrex, and GC Products Inc.

Click Here for Other Reports from Stratview Research in the Advanced materials Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html

Stratview Research
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Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. We are a trusted brand in the research industry with capability of commissioning complex projects within a short span of time with high level of accuracy.

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