Global “Glass Fiber Reinforced Concrete (GFRC)” Market industry is anticipated to an extensive growth during the forecast period 2018-2023. Glass Fiber Reinforced Concrete (GFRC) Market report provides in detail analysis of market with revenue growth and upcoming trends. report contains the forecasts, market size, share estimates and profiles of the leading industry Players.
Glass Fiber Reinforced Concrete (GFRC) Market research report provides derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Glass Fiber Reinforced Concrete (GFRC) industry. The report is a reliable analysis of current scenario of the market, which covers several market dynamics.
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The global glass fiber reinforced concrete market is expected to register a high CAGR during 2018 to 2023 (the forecast period). North America is estimated to lead the market, due to the rapid increase in adoption of GFRC technology in the region. Sprayed GFRC is expected to be the fastest-growing market segment, by type.
Increased Emphasis on Green Buildings (LEED Ratings)
Green buildings, generally called sustainable buildings or green constructions, are built using the environmentally viable and responsible processes. There is an increased awareness among the public regarding green structures, especially in the developed nations of America and Europe. Buildings account for 8% of the total energy consumption in the world. LEED is a very popular building certification program developed by the United States Green Building Council (USGBC). These ratings intend to understand the structural efficiency in building and operation in an environmentally responsible and resource-efficient manner. Thus, with the increase in adoption of green buildings, the demand of GFRC is on the constant rise.
Sprayed – The Fastest Growing Segment by Type
Sprayed GFRC is known for its ultimate performance and flexibility, across around the globe. The higher flexural strength requires usage of higher fiber content material with longer size fiber and lower water/cement ratio. Sprayed GFRC has increased ductility, which allows the constructor to utilize panels with size as large as 10-15 m2. Due to their higher fiber content, the cement fibers and slurry can be applied directly to the molding surface using spray technique. The sprayed GFRC is typically applied in two-layer format, in which, first layer is the face coat that has no fiber and thin layer, while the other layer has fiber and is sprayed with the equipment i.e., spray gun. Better performance and usage in different constructive applications is making the sprayed type product widely preferable by the end users.
North America Region to Lead the Market
Glass fiber reinforced concrete is widely used in construction and repair of buildings. They are used in construction of foundations, roofing, floors, walls, and windows. United States overall construction market grew by 2.3% in the Q4 of 2017 over Q4 2016, due to the rise in new single-family house constructions. The new residential construction in terms of annual rate for housing units started in United States, recorded growth of 6.34% in 2016 over 2015. In the first 11 months of 2017, the new residential construction recorded a growth of 2.49% compared to the same time period in 2016. The construction sector of Canada has witnessed a positive growth in 2017, after two years of gradual decrease in construction output. With the increase in investments from private and government sectors, the construction industry is expected to grow gradually over the forecast period. The demand for remodeling of houses in Mexico increased by 3.8% in 2017. All these factors would rapidly drive the market for glass fiber reinforced concrete in North America region in the forecast period.
Major Players: Koninklijke Ten Cate Nv, Propex Operating Company LLC, HUESKER Synthetic GmbH, and Low & Bonar PLC, amongst others.
Major Regions: – US, Canada, UK, Germany, France, China, Japan, India, Brazil, Mexico, Argentina, UAE, Saudi Arabia, South Africa
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Reasons to Purchase this Report:
- Analysing various perspectives of the Glass Fiber Reinforced Concrete (GFRC) market size with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Glass Fiber Reinforced Concrete (GFRC) market growth during the forecast period.
- Identify the latest developments, Glass Fiber Reinforced Concrete (GFRC) market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
Major Points Covered in Table of Content of Glass Fiber Reinforced Concrete (GFRC) Market forecast 2023
1. Introduction of Glass Fiber Reinforced Concrete (GFRC) Market Report
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Glass Fiber Reinforced Concrete (GFRC) Market Trends
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Glass Fiber Reinforced Concrete (GFRC) Market Dynamics
6. Global Glass Fiber Reinforced Concrete (GFRC) Market, Segmented by Size
7. Global Glass Fiber Reinforced Concrete (GFRC) Market, Segmented by Technology Type
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8. Global Glass Fiber Reinforced Concrete (GFRC) Market, Segmented by Geography
8.1 North America
8.1.1 United States
8.2 South America
8.4.1 United Kingdom
8.5 Africa and Middle East
8.5.2 South Africa
8.5.3 Saudi Arabia
9. Competitive Landscape
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
11. Future Outlook of the Market
And Many More……….
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