DUBLIN--(BUSINESS WIRE)--The "GFRG (Glass Fiber Reinforced Gypsum) Market by Type (Type X, Type C), Application (Interior and Exterior), End User (Residential and Non-Residential), and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The GFRG market is estimated to be USD 2.45 billion in 2018 and is projected to reach USD 3.44 billion by 2023, at a CAGR of 7.0% between 2018 and 2023
The increasing demand for GFRG in building & construction projects is one of the most significant factors projected to drive the GFRG market. Superior properties of GFRG such as sound absorption capability, good fatigue, temperature resistance, rapid installation, and recyclability are also contributing to the growth of the GFRG market. However, the difficulty in transportation and building high-raised buildings, in turn, are restraining the growth of the GFRG market.
Type X is used in both residential and commercial buildings, such as schools, hospitals, and retail centers. Type X is cost-effective as well as fast to install and maintain good temperature tolerance. These are also recyclable and have a low carbon footprint. The increasing adoption of Type X gypsum board in non-residential construction projects is expected to drive the Type X segment of the GFRG market.
GFRG manufacturers are increasingly focusing on the development of GFRG for non-residential buildings, such as offices, institutes, hospitals, gymnasiums, cinema theaters, retail stores, auditoriums, and museums. The increasing demand for high fatigue resistance and good temperature resistance building materials from the non-residential construction sector is projected to drive the non-residential end user segment of the market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview and Key Trends
7 GFRG Market, By Type
8 GFRG Market, By Application
9 GFRG Market, By End USE
10 GFRG Market, By Region
11 Company Profiles
- Certainteed (Subsidiary of Saint-Gobain)
- Saint-Gobain Gyproc
- Continental Building Products
- USG Corporation
- Knauf Danoline A/S
- National Gypsum Company
- Yingchuang Building Technique Co. Ltd.
- FACT - RCF Building Products Ltd.
- American Gypsum
- Formglas Products Ltd
- Shanghai Chuncui Decoration Material Co., Ltd.
- Stromberg Architectural
- Plasterceil Industries Pte Ltd
- Chiyoda UTE Co., Ltd.
- Owens Corning
- Horizons Industrial Development Co. L.L.C.
- Intexforms, Inc.
- Gc Products, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/qtzxp5/glass_fiber?w=4