Glass Fiber Reinforced Gypsum is a composite of high strength alpha gypsum reinforced with glassfibers that can be factory molded into virtually any shape or size. GFRG (or GRG) is a non-combustible material (test results of flame spread and smoke development values as per ASTM E-84) and even the largest parts only weigh 2-3 pounds per square foot (10-15 kg/m2). Similar to traditional plaster castings but considerably lighter and stronger, Glass Fiber Reinforced Gypsum is typically field finished with any interior paint. Joints can be taped and finishing is similar to drywall finishing. The use of post-consumer recycled material, the fact that GFRG castings are made to size and are designed to minimize excessive framing, makes Glass Fiber Reinforced Gypsum a favorable choice for LEED or green construction projects.
Glass Fiber Reinforced Gypsum is a composite of high strength alpha gypsum reinforced with glass fibers that can be factory molded into virtually any shape or size. In 1977, glass reinforced gypsum was introduced to the UK from the United States. This was a new concept in building materials. It was a lightweight, strong and durable material. It could be used for both structural and decorative interior construction, and it would prove to be enormously popular throughout the later 20th century. It remains highly popular today, thanks to its flexibility as a material, and the fact that it can be easily used in a very wide range of settings.
GFRG offer a wide range of applications, from the casinos, hotels, entertainment centers to public buildings. In 2016, the casino and entertainment center industry was the largest filed with 51% consumption market share.
In the future, as raw material costs and wage costs change, we tend to believe that prices will rise. But, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin. Developing countries will maintain a rapid growth rate. On the whole, we believe the industry will maintain a good growth rate.
The global Glass-Fiber Reinforced Gypsum market was 670 million US$ in 2018 and is expected to 1040 million US$ by the end of 2025, growing at a CAGR of 6.5% between 2019 and 2025.
This report studies the Glass-Fiber Reinforced Gypsum market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Glass-Fiber Reinforced Gypsum in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Guangzhou Form New Materials
Shanghai Yinqiao Decoration
Continental Building Products
Guangzhou City Ping Mei Building Materials
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Casino and Entertainment Center
Large Public Buildings
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Glass-Fiber Reinforced Gypsum market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Glass-Fiber Reinforced Gypsum market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Glass-Fiber Reinforced Gypsum manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Glass-Fiber Reinforced Gypsum with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Glass-Fiber Reinforced Gypsum submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Glass-Fiber Reinforced Gypsum are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Glass-Fiber Reinforced Gypsum market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Glass-Fiber Reinforced Gypsum market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.