Glass Fiber-Reinforced Gypsum (GFRG) Market projected to grow at a CAGR of 6.5% in the forecast period (2019-2024)

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Glass Fiber-Reinforced Gypsum (GFRG) Market is expected to inflate at impressive CAGR by the forecast period (2019-2024).

Request The Table of Contents through here:
https://www.stratviewresearch.com/toc/440/Glass-Fiber-Reinforced-Gypsum-Market.html

Highlights of the Report:
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.

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

Market 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.

Features of the Report
Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

Stratview Research
400 Renaissance Center,
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.

This release was published on openPR.