Stratview Research has published a new report on the Glass Fiber Reinforced Concrete (GFRC) Market by Company, Regions, Type and Application, Forecast, up to 5 years by Stratview Research offers the most up-to-date market trends as well as an industry growth estimate for 5 years. The report provides a thorough analysis of the market for the forecast period 2021-2025. It reveals a broader picture of the market situation, taking into consideration all major trends, market dynamics, and competitive factors. Moreover, the report contains key statistics concerning the situation of the key players, present, and upcoming market trends, and potential market growth areas. Eventually, these reports are designed to assist readers in retrieving information and making decisions that help to grow their business.
The report also covers analyst opinions and prospects, competitive landscapes, and key regions from both a regional and a global perspective. The report also examines several factors, including driving factors and challenges.
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Analysis of Glass Fiber Reinforced Concrete (GFRC) Market Key Manufacturers:
According to the report, the Glass Fiber Reinforced Concrete (GFRC) Market includes suppliers, product manufacturers, and OEMs. Following is a list of the Key Players in this market.
Ultratech Cement Ltd.
Formglas Products Ltd.
Willis Construction Co. Inc.
Clark Pacific Corporation
Fibrex Construction Group
Growth drivers and Market Value:
This report, from Stratview Research, studies the Glass Fiber Reinforced Concrete (GFRC) Market value and growth drivers over the trend period of 2021-26. According to the report –
Glass fiber reinforced concrete (GFRC) market is likely to witness an impressive CAGR of 10.2% during the forecast period. Surge in demand for fire & weather resistance, dimensional stability, design flexibility, ease of operation and quick installation is the major factor underpinning the growth of the GFRC market during the forecast period. In addition, rise in the number of various construction projects in developed and emerging economies is also immensely bolstering the GFRC market, globally.
Based on Application Type:
Based on the application type, the glass fiber reinforced concrete (GFRC) market is segmented as commercial construction, residential construction, and civil & other infrastructure construction. The commercial construction segment is estimated to maintain its dominance in the market during the forecast due to increasing use of GFRC in buildings, such as institutes, offices, hospitals, auditoriums, gymnasiums, museums, and cinema theatres.
Based on Region:
In terms of regions, North America is estimated to be the largest, whereas Asia-Pacific is estimated to be the fastest-growing glass fiber reinforced concrete (GFRC) market during the forecast period, owing to the presence of a large number of glass fiber reinforced concrete (GFRC) manufacturers in North America and the growth of infrastructure industry in the regions.
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Research Methodology & Features –
This report offers in-depth insights and is the result of detailed research methodology through secondary research, extensive primary interviews with industry key players, and statistical tools. The report provides vital information related to the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints
- Market trend and forecast analysis
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Key success factors & more.
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