Glass Fiber Reinforced Concrete Market Report: Size, Share, Trends, Growth And Detailed Analysis, Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Glass Fiber Reinforced Concrete Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $6.65 billion In 2028 At A CAGR Of 13.7% :

The glass fiber reinforced concrete market size has grown rapidly in recent years. It will grow from $3.51 billion in 2023 to $3.97 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to renovation and restoration projects, increased demand from the construction industry, rising demand from the residential sector, growing demand from the commercial sector, increased urbanization .

The glass fiber reinforced concrete market size is expected to see rapid growth in the next few years. It will grow to $6.65 billion in 2028 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to increasing preference for sustainable construction, growth in commercial construction, infrastructure investments, development of ultra-high-performance gfrc, growing demand for lightweight and durable construction materials. Major trends in the forecast period include 3d printing technology, customization and personalization, thin and lightweight panels, advancements in manufacturing techniques, integration of fiber optics and lighting.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=5986&type=smp

Glass Fiber Reinforced Concrete Market Major Segments
The glass fiber reinforced concrete market covered in this report is segmented -

1) By Process: Spray, Premix, Hybrid
2) By Type: C30, C60, C100
3) By Application: Commercial Construction, Residential Construction, Civil & Other Infrastructure Construction

Key Driver - Green Building Emphasis Sparks Growth In The Glass Fiber Reinforced Concrete Market

Increasing emphasis on green buildings is significantly driving the growth of the glass fiber-reinforced concrete market. Green building refers to the design, construction, and operation of structures that prioritize energy efficiency, resource conservation, sustainability, and environmental responsibility.Green buildings use glass fiber-reinforced concrete as a predominant option for sustainable construction. For example, according to the World Green Building Council, a US-based non-profit organization and global network of national Green Building Councils, by 2030, all new construction will have at least 40% less embodied carbon than existing structures, along with considerable upfront carbon reductions, and all new structures will have net zero operating carbon. Thus, significant emphasis on green buildings will invariably create huge demand for green fiber reinforced concrete and is expected to propel the growth of the glass fiber reinforced concrete market going forward.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=5986&type=smp

Prominent Trend - 3D Printing Revolutionizes The Glass Fiber Reinforced Concrete Market

3D printing is a key trend gaining popularity in the glass fiber reinforced concrete market. Major companies operating in the glass fiber reinforced concrete sector are focused on developing and using 3D printing solutions to strengthen their position. For instance, in May 2021, Branch Technology, a key construction tech company, created a category-defining project using 3D printing Glass Fiber Reinforced Concrete (GFRC) with Tennessee Valley Federal Credit Union's newest office building. This is the world's first 3D-printed GFRC facade. It also establishes several other categories, including the first commercial building with a 3D printed building envelope in the United States and the first freeform 3D printed composite project.

Glass Fiber Reinforced Concrete Market Players
Major companies operating in the glass fiber reinforced concrete market report are Ultratech Cement Ltd., Formglas Products Ltd., Willis Construction Co. Inc., Clark Pacific Corp., Loveld UK Ltd., Fibrex Construction Group LLC, Nanjing Beilida New Material System Engineering Co. Ltd., Low & Bonar India Pvt. Ltd., Stromberg Architectural Products Inc., Betofiber A. S., Bb Fiberbeton AS, BCM GRC Ltd., Blue Fox Concrete Products Private Limited, CHENG Concrete LLC, Fishstone Ltd., Frey-Fil Corporation, GB Architectural Cladding Products Ltd., Hard Rock Developments Ltd., Pennine Stone Ltd., Surecrete Design Products Inc., Glass Reinforced Concrete UK Ltd., Telling Ltd., Grass Roots Research & Creation India Ltd., BarChip Pty Ltd., CEMEX SAB de CV, Sika AG, N. V. Bekaert S. A., GCP Applied Technologies Inc., Modern Building Contracting Company, Blue Ridge Fiberboard Inc., Cast Supply Ltd., Cemrock Landscapes Inc., Concreteworks East Inc., Dura Art Stone Inc., Elite Crete Systems Inc., Envision Concrete Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/glass-fiber-reinforced-concrete-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the glass fiber reinforced concrete market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glass fiber reinforced concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Glass Fiber Reinforced Concrete Market Report Structure
3. Glass Fiber Reinforced Concrete Market Trends And Strategies
4. Glass Fiber Reinforced Concrete Market - Macro Economic Scenario
5. Glass Fiber Reinforced Concrete Market Size And Growth
…..
27. Glass Fiber Reinforced Concrete Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.