Report overview
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.
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 21th 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. In fact, as long as it isn?t subjected to damp, it can be and is used in all manner of buildings, from casinos and churches, to theatres and shopping centres, hotels and private homes.
This report aims to provide a comprehensive presentation of the global market for GFRG (Glass Fiber Reinforced Gypsum), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding GFRG (Glass Fiber Reinforced Gypsum). This report contains market size and forecasts of GFRG (Glass Fiber Reinforced Gypsum) in global, including the following market information:
Global GFRG (Glass Fiber Reinforced Gypsum) Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global GFRG (Glass Fiber Reinforced Gypsum) Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five GFRG (Glass Fiber Reinforced Gypsum) companies in 2023 (%)
The global GFRG (Glass Fiber Reinforced Gypsum) market was valued at US$ 862.2 million in 2023 and is projected to reach US$ 1057.9 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global leading GFRG companies in the world are Saint-Gobain, Formglas, Stromberg Architectural, Knauf Group, Owens Corning, Georgia-Pacific Gypsum and GRG Technologies, with about 45% market shares.
As for the region consumption, the USA remained the largest market for GFRG in the world, with 35% market share consumption. Other major consuming regions include China and Europe, which account for 20% and 16% respectively.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the GFRG (Glass Fiber Reinforced Gypsum) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global GFRG (Glass Fiber Reinforced Gypsum) Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global GFRG (Glass Fiber Reinforced Gypsum) Market Segment Percentages, by Type, 2023 (%)
Ordinary Plaster
Flame Retardant Plaster
Global GFRG (Glass Fiber Reinforced Gypsum) Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global GFRG (Glass Fiber Reinforced Gypsum) Market Segment Percentages, by Application, 2023 (%)
Residential
Commercial
Global GFRG (Glass Fiber Reinforced Gypsum) Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global GFRG (Glass Fiber Reinforced Gypsum) Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies GFRG (Glass Fiber Reinforced Gypsum) revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies GFRG (Glass Fiber Reinforced Gypsum) revenues share in global market, 2023 (%)
Key companies GFRG (Glass Fiber Reinforced Gypsum) sales in global market, 2019-2024 (Estimated), (K MT)
Key companies GFRG (Glass Fiber Reinforced Gypsum) sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Certainteed
Saint-Gobain Gyproc
Continental Building Products
Knauf Danoline
Georgia-Pacific
National Gypsum
Yingchuang Building Technique
American Gypsum
Formglas Products
Gillespie
Outline of Major Chapters:
Chapter 1: Introduces the definition of GFRG (Glass Fiber Reinforced Gypsum), market overview.
Chapter 2: Global GFRG (Glass Fiber Reinforced Gypsum) market size in revenue and volume.
Chapter 3: Detailed analysis of GFRG (Glass Fiber Reinforced Gypsum) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of GFRG (Glass Fiber Reinforced Gypsum) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global GFRG (Glass Fiber Reinforced Gypsum) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
