Global Glass-Fiber Reinforced Gypsum Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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 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. 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.
According to our (Global Info Research) latest study, the global Glass-Fiber Reinforced Gypsum market size was valued at US$ 906 million in 2023 and is forecast to a readjusted size of USD 1236 million by 2030 with a CAGR of 4.6% during review period.
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 15% respectively.
This report is a detailed and comprehensive analysis for global Glass-Fiber Reinforced Gypsum market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Glass-Fiber Reinforced Gypsum market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Glass-Fiber Reinforced Gypsum market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Glass-Fiber Reinforced Gypsum market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Glass-Fiber Reinforced Gypsum market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Glass-Fiber Reinforced Gypsum
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Glass-Fiber Reinforced Gypsum market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Saint-Gobain, Formglas, Stromberg Architectural, Knauf Group, Owens Corning, Georgia-Pacific Gypsum, GRG Technologies, Guangzhou Form New Materials, Shanghai Yinqiao Decoration, Yinhu, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Glass-Fiber Reinforced Gypsum market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
GFRG Board
GFRG Products
Market segment by Application
Casino and Entertainment Center
Large Hotel
Large Public Buildings
Others
Major players covered
Saint-Gobain
Formglas
Stromberg Architectural
Knauf Group
Owens Corning
Georgia-Pacific Gypsum
GRG Technologies
Guangzhou Form New Materials
Shanghai Yinqiao Decoration
Yinhu
Plasterceil Industries
Continental Building Products
CHIYODA UTE
Guangzhou City Ping Mei Building Materials
USG
Guheng Group
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glass-Fiber Reinforced Gypsum product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Glass-Fiber Reinforced Gypsum, with price, sales quantity, revenue, and global market share of Glass-Fiber Reinforced Gypsum from 2019 to 2024.
Chapter 3, the Glass-Fiber Reinforced Gypsum competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glass-Fiber Reinforced Gypsum breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Glass-Fiber Reinforced Gypsum market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Glass-Fiber Reinforced Gypsum.
Chapter 14 and 15, to describe Glass-Fiber Reinforced Gypsum sales channel, distributors, customers, research findings and conclusion.