DUBLIN--(BUSINESS WIRE)--The "Global Glass Fiber Reinforced Concrete Market - Segmented by Type, Application, and Geography - Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.
The Global Glass Fiber Reinforced Concrete (GFRC) market is expected to witness a CAGR of 20.5% during the forecast period (2017-2022). In terms of volume, the market was at 136.5 thousand metric tons in 2015 and is projected to reach 346.8 thousand metric tons by 2020.
GFRC has applications in architecture for cladding and moldings in buildings for foundations and floors, roofing, walls and windows, in engineering permanent formwork, utilities and water management and bridges and tunnels, in defense and others.
Europe dominates the GFRC market in terms of demand, followed by North America and the Asia-Pacific. South America and the Asia-Pacific are expected to increase their market share during the forecast period due to the growing consumer spending in these regions.
The market is driven by the growing awareness and increased emphasis on green buildings, which are rated by the Leadership in Energy and Environmental Design (LEED). LEED is a United States-based council that certifies a building based on the energy consumed, energy requirements for operation and the environmental impact. The superior mechanical characteristics of GFRC compared to Steel Reinforced Concrete (SRC) plays a major role in the growth of this market. However, the price of GFRC is high in comparison to SRC, which is a constraint especially in the emerging economies. The market looks bright with the rise in consumer awareness on GFRC in the emerging nations such as China and India.
Companies Mentioned:
- BCM GRC Ltd.
- Betofiber A S
- Blueconcrete
- CHENG Concrete
- Domcrete GFRC Countertop Supplies
- Fibrex Construction Group
- Fibrobeton Yap Elemanlar
- Fishstone
- Formglas Products Ltd.
- Frey-Fil Corporation
- GB Architectural Cladding Products Ltd.
- Glass Reinforced Concrete UK Ltd.
- Hard Rock Developments Inc.
- Loveld
- Pennine Stone Ltd.
- Surecrete Design Products
- Telling Ltd
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Global Fiber Reinforced Concrete Market (GFRC)
4. Global GFRC Market
5. Market Dynamics
6. Market Segmentation and Analysis
7. Regional Analysis
8. Future of GFRC Market
9. Competitive Landscape
10. Company Profiles
11. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/bzrvhp/global_glass
