FEATURED COMPANIES
- American Gypsum
- Chiyoda UTE
- Formglas
- Georgia-Pacific
- Gillespie
- Knauf Danoline
Increasing use of glass fiber reinforced gypsum (GFRG) for construction projects, especially in non-residential sector across the globe, is a key factor driving market revenue growth.
Market Size - USD 2.82 Billion in 2020, Market Growth - CAGR of 6.9%, Market Trends - Increasing investments and initiatives by governments in various countries across the globe to promote development of smart cities.
The global glass fiber reinforced gypsum market size is expected to reach USD 4.77 Billion in 2028, and register a CAGR of 6.9% during the forecast period. Increasing awareness regarding superior thermal and acoustic insulation properties of glass fiber reinforced gypsum (GFRG) is expected to drive demand for it for constructing commercial buildings such as educational institutions, hospitals, and malls, among others, and residential buildings. Additionally, growing demand and preference for aesthetically appealing building materials for interiors is boosting product demand. These are some of the major factors expected to drive growth of the global glass fiber reinforced gypsum market.
Some Key Findings From the Report:
For the purpose of this report, the global glass fiber reinforced gypsum market is segmented on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Million; 2018 - 2028)
Application Outlook (Revenue, USD Million; 2018 - 2028)
End-Use Outlook (Revenue, USD Million; 2018 - 2028)
Region Outlook (Revenue, USD Million; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 2.82 Billion in 2020, Market Growth - CAGR of 6.9%, Market Trends - Increasing investments and initiatives by governments in various countries across the globe to promote development of smart cities.
The global glass fiber reinforced gypsum market size is expected to reach USD 4.77 Billion in 2028, and register a CAGR of 6.9% during the forecast period. Increasing awareness regarding superior thermal and acoustic insulation properties of glass fiber reinforced gypsum (GFRG) is expected to drive demand for it for constructing commercial buildings such as educational institutions, hospitals, and malls, among others, and residential buildings. Additionally, growing demand and preference for aesthetically appealing building materials for interiors is boosting product demand. These are some of the major factors expected to drive growth of the global glass fiber reinforced gypsum market.
Some Key Findings From the Report:
- Among the end use segments, the non-residential segment accounted for the largest revenue share of 67.8% in 2020, increasing focus on development of commercial establishments globally, coupled with growing demand for building materials with excellent resistance to fatigue and temperatures from the non-residential construction sector.
- The Asia Pacific market size was USD 983.4 Million in 2020. Rapidly growing construction industry in Asia Pacific is expected to present significant opportunities for major international manufacturers in order to meet ongoing demand for glass fiber reinforced gypsum. In addition, development of public infrastructure, particularly in India and China, is expected to have a positive impact on growth of the global glass fiber reinforced gypsum market.
- Key players profiled in the report include Saint-Gobain Gyproc, Knauf Danoline, Georgia-Pacific, American Gypsum, Formglas, Chiyoda UTE, Gillespie, Stromberg Architectural, Owens Corning, and National Gypsum Company. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
- In 2019, Knauf Gips KG, which is a Germany-based building material company, acquired US-based construction materials manufacturing company, USG Corporation (United States Gypsum Corporation). This acquisition was made to make Knauf building materials company better positioned in the global market and to meet customer needs by utilizing two highly complementary businesses, product portfolios, and customer base.
For the purpose of this report, the global glass fiber reinforced gypsum market is segmented on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Million; 2018 - 2028)
- Type X
- Type C
- Others
Application Outlook (Revenue, USD Million; 2018 - 2028)
- External
- Internal
End-Use Outlook (Revenue, USD Million; 2018 - 2028)
- Non-Residential
- Residential
Region Outlook (Revenue, USD Million; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Glass Fiber Reinforced Gypsum Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Glass Fiber Reinforced Gypsum Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
FEATURED COMPANIES
- American Gypsum
- Chiyoda UTE
- Formglas
- Georgia-Pacific
- Gillespie
- Knauf Danoline
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Glass Fiber Reinforced Gypsum Market Segmentation & Impact Analysis
- Saint-Gobain Gyproc
- Knauf Danoline
- Georgia-Pacific
- American Gypsum
- Formglas
- Chiyoda UTE
- Gillespie
- Stromberg Architectural
- Owens Corning
- National Gypsum Company