Press release
Glass Fiber Reinforced Concrete: Global Opportunities and Market Insights 2024
Glass Fiber Reinforced Concrete Market Size
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5986&type=smp
According to The Business Research Company's, 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.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/glass-fiber-reinforced-concrete-global-market-report
Market Drivers and Trends:
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.
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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.
Glass Fiber Reinforced Concrete Market 2024 Key Insights:
• 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%.
• Green Building Emphasis Sparks Growth In The Glass Fiber Reinforced Concrete Market
• 3D Printing Revolutionizes The Glass Fiber Reinforced Concrete Market
• North America was the largest region in the glass fiber reinforced concrete market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=5986&type=smp
"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
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
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
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.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Glass Fiber Reinforced Concrete: Global Opportunities and Market Insights 2024 here
News-ID: 3752109 • Views: …
More Releases from The Business research company
Emerging Sub-Segments Transforming the More Electric Aircraft Market Landscape
The aviation industry is rapidly evolving with a strong focus on electric propulsion technologies, promising to transform how aircraft operate in the near future. The shift toward more electric aircraft is driven by innovations that enhance efficiency, reduce emissions, and meet growing sustainability demands. Let's explore the current market valuation, key players, prevailing trends, and major segments shaping this emerging sector.
Anticipated Valuation and Growth Trajectory of the More Electric Aircraft…
Emerging Growth Patterns Driving Expansion in the Missile Defense System Market
The missile defense system market is set to undergo significant expansion over the coming years due to evolving global security needs and technological advancements. As countries prioritize national defense, developments in missile interception and detection are becoming crucial. Let's explore how this market is expected to grow, the main players involved, and the key trends shaping its future.
Expected Growth Trajectory of the Missile Defense System Market
The missile defense system…
In-depth Examination of Segments, Industry Developments, and Key Players in the …
The military vehicle simulations market is poised for significant expansion in the coming years, driven by rapid technological advancements and evolving defense training needs. As militaries worldwide emphasize enhanced preparedness and cost-effective training solutions, simulation technologies are becoming indispensable. Let's explore the current market size, key drivers, top players, emerging trends, and the main segments shaping this sector.
Military Vehicle Simulations Market Size and Growth Outlook
The military vehicle simulations market…
Detailed Analysis of Key Market Segments Influencing the Space Propulsion System …
The space propulsion systems market is on the verge of significant expansion, driven by technological advancements and increasing activity in space exploration. As private companies and government agencies push the boundaries of space travel, propulsion technologies are evolving rapidly to meet these new demands. Let's explore the current market value projections, key players, emerging trends, and the main segments shaping this dynamic industry.
Projected Market Value and Growth of Space Propulsion…
More Releases for Concrete
Domestic Concrete Solutions by Base Concrete
When it comes to residential construction and outdoor projects, quality concrete forms the foundation of lasting results. Whether building a new driveway, laying a patio, or constructing home extensions, choosing the right domestic concrete supplier is essential. Base Concrete, a trusted provider in North London and Hertfordshire, offers tailored domestic concrete (https://www.baseconcrete.co.uk/domestic-concrete/) solutions designed to meet the unique needs of homeowners, builders, and tradespeople.
What is Domestic Concrete?
Domestic concrete refers to…
Concrete Artistry: Decorative Concrete Market Innovations
The Business Research Company recently released a comprehensive report on the Global Decorative Concrete Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Denver Concrete Company Offers Superior Concrete Services
Image: https://www.getnews.info/wp-content/uploads/2024/05/1715100743.jpeg
Denver Concrete Company is a Colorado-owned and operated concrete contractor providing residential, commercial, and municipal concrete services to the Colorado Front Range. The company is committed to delivering high-quality solutions and offers a wide range of concrete services to meet the different needs of Denver and its neighboring locations.
Denver, CO - Denver Concrete Company is dedicated to quality and perfection and provides a wide range of services adapted…
Dry Concrete Market Insights 2020 Emerging Trends || Leading Players are: US Con …
This detailed market study covers dry concrete market growth potentials which can assist the stakeholders to understand key trends and prospects in dry concrete market identifying the growth opportunities and competitive scenarios.
Get Sample Copy of This Report @ https://www.quincemarketinsights.com/request-sample-51925?utm_source=openPR/Radhika
The report also focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help…
Dry Concrete Market 2018 by Shope Concrete, MST Concrete Products Inc, United Co …
The Global Dry Concrete Market breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report researches the Worldwide Dry Concrete Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This report focuses…
Dry Concrete Market 2018 | Shope Concrete, MST Concrete Products Inc, United Con …
This report researches the Worldwide Dry Concrete Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Dry Concrete breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This…
