Glass Fiber Reinforced Concrete Market Report 2026

The glass fiber reinforced concrete market size has grown rapidly in recent years. It will grow from $4.36 billion in 2025 to $4.98 billion in 2026 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to growing urbanization and infrastructure projects, rising demand for durable concrete solutions, increasing adoption in commercial and residential construction, expansion of precast and modular construction methods, growing focus on structural safety and fire resistance.

The glass fiber reinforced concrete market size is expected to see rapid growth in the next few years. It will grow to $8.42 billion in 2030 at a compound annual growth rate (CAGR) of 14.1%. The growth in the forecast period can be attributed to rising government initiatives for smart cities, increasing use of lightweight and sustainable building materials, growing adoption in high-rise and commercial building projects, expansion of infrastructure development in emerging economies, increasing focus on innovation in concrete reinforcement and durability. Major trends in the forecast period include rising adoption of glass fiber reinforced concrete in construction, growing demand for lightweight and high-strength concrete panels, increasing use of prefabricated and precast concrete elements, expanding applications in commercial and residential infrastructure, increasing focus on durability and fire-resistant concrete solutions.

The expanding construction industry is anticipated to fuel the growth of the glass fiber reinforced concrete (GFRC) market in the future. The construction industry encompasses the commercial manufacturing and trade sector that focuses on developing, maintaining, and repairing infrastructure. As the construction sector expands, architects and designers are increasingly drawn to using GFRC for its architectural versatility, enabling them to create innovative and unique designs such as facades, cladding, and decorative elements. For example, in June 2024, data from the Office for National Statistics, a UK-based administrative branch of the United Kingdom Statistics Authority, indicated that construction output rose by 0.5%, driven by a 0.9% increase in new work and a 0.1% rise in repair and maintenance. Thus, the growth of the construction industry is propelling the GFRC market forward.

Major companies operating in the glass fiber reinforced concrete market are adopting strategic partnerships approach to provide glass fiber reinforced concrete (GFRC) parts to individuals, businesses, and governments. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in April 2023, Smart Engineering, a Spain-based engineering company, partnered with Econcretus, a Spain-based construction company responsible for manufacturing and installation of products. EConcretus and Smart Engineering have collaborated to design and manufacture the GFRC parts for the façade of the Diagonal 0 building in Barcelona. The unique feature of these parts is their optimized dimensions, considering the high service loads and the extensive variety of parts with varying dimensions.

In September 2023, Saint-Gobain, a France-based construction materials manufacturer, acquired Adfil NV for an undisclosed amount. This acquisition is expected to strengthen Saint-Gobain's position in the construction chemicals market while helping to reduce the CO2 footprint of reinforced concrete. Adfil NV, based in Belgium, specializes in producing fibers for concrete reinforcement.

Major companies operating in the glass fiber reinforced concrete market report are Formglas Products Ltd., Stromberg Architectural Products Inc., Willis Construction Co. Inc., Clark Pacific Corp., Loveld UK Ltd., Fibrex Construction Group LLC, Glass Reinforced Concrete UK Ltd., GB Architectural Cladding Products Ltd., Betofiber A. S., BCM GRC Ltd., CHENG Concrete LLC, Telling Ltd., Pennine Stone Ltd., Hard Rock Developments Ltd., Frey-Fil Corporation, Dura Art Stone Inc., Concreteworks East Inc., Elite Crete Systems Inc., Envision Concrete Inc., Cast Supply Ltd.

North America was the largest region in the glass fiber reinforced concrete market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glass fiber reinforced concrete market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the glass fiber reinforced concrete market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The glass fiber reinforced concrete market consists of sales of carbon, aramid, and acrylics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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