This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Glass Fiber Reinforced Concrete industry.
How has the glass fiber reinforced concrete market size changed in recent years, and what is the outlook ahead?
The glass fiber reinforced concrete market size has grown rapidly in recent years. It will grow from $3.92 billion in 2024 to $4.42 billion in 2025 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to renovation and restoration projects, increased demand fromThe construction industry, rising demand fromThe residential sector, growing demand fromThe commercial sector, increased urbanization.
The glass fiber reinforced concrete market size is expected to see rapid growth in the next few years. It will grow to $7.65 billion in 2029 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to increasing preference for sustainable construction, growth in commercial construction, infrastructure investments, development of ultra-high-performance GFRC, growing demand for lightweight and durable construction materials. Major trends in the forecast period include 3d printing technology, customization and personalization, thin and lightweight panels, advancements in manufacturing techniques, integration of fiber optics and lighting.
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What are the top economic and technological drivers pushing glass fiber reinforced concrete market growth?
Increasing emphasis on green buildings is significantly driving the growth of the glass fiber-reinforced concrete market. Green building refers to the design, construction, and operation of structures that prioritize energy efficiency, resource conservation, sustainability, and environmental responsibility. Green buildings use glass fiber-reinforced concrete as a predominant option for sustainable construction. For example, according to the World Green Building Council, a US-based non-profit organization and global network of national Green Building Councils, by 2030, all new construction will have at least 40% less embodied carbon than existing structures, along with considerable upfront carbon reductions, and all new structures will have net zero operating carbon. Thus, significant emphasis on green buildings will invariably create huge demand for green fiber reinforced concrete and is expected to propel the growth of the glass fiber reinforced concrete market going forward.
How is the glass fiber reinforced concrete market segmented by product, application, and end-user?
The glass fiber reinforced concrete market covered in this report is segmented –
1) By Process: Spray, Premix, Hybrid
2) By Type: C30, C60, C100
3) By Application: Commercial Construction, Residential Construction, Civil And Other Infrastructure Construction
Subsegments:
1) By Spray: Wet Spray, Dry Spray
2) By Premix: Ready-Mix, Site-Mix
3) By Hybrid: Combination Of Wet And Dry Methods, Custom Blending Techniques
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What are the most notable trends influencing investment in the glass fiber reinforced concrete sector?
3D printing is a key trend gaining popularity in the glass fiber reinforced concrete market. Major companies operating in the glass fiber reinforced concrete sector are focused on developing and using 3D printing solutions to strengthen their position. For instance, in October 2022, Branch Technology, a US-based construction tech company, announced the launch of its new BranchClad GFRC product line, which received Environmental Product Declaration (EPD) certification. This advancement highlights the company’s commitment to sustainable construction practices while offering innovative 3D-printed cladding solutions that conform to stringent environmental standards. This product line aims to provide architects and builders with eco-friendly options that maintain high performance and aesthetic appeal.
Which leading companies are dominating the glass fiber reinforced concrete market landscape?
Major companies operating in the glass fiber reinforced concrete market include Ultratech Cement Ltd., Formglas Products Ltd., Willis Construction Co. Inc., Clark Pacific Corp., Loveld UK Ltd., Fibrex Construction Group LLC, Nanjing Beilida New Material System Engineering Co. Ltd., Low & Bonar India Pvt. Ltd., Stromberg Architectural Products Inc., Betofiber A. S., Bb Fiberbeton AS, BCM GRC Ltd., Blue Fox Concrete Products Private Limited, CHENG Concrete LLC, Fishstone Ltd., Frey-Fil Corporation, GB Architectural Cladding Products Ltd., Hard Rock Developments Ltd., Pennine Stone Ltd., Surecrete Design Products Inc., Glass Reinforced Concrete UK Ltd., Telling Ltd., Grass Roots Research & Creation India Ltd., BarChip Pty Ltd., CEMEX SAB de CV, Sika AG, N. V. Bekaert S. A., GCP Applied Technologies Inc., Modern Building Contracting Company, Blue Ridge Fiberboard Inc., Cast Supply Ltd., Cemrock Landscapes Inc., Concreteworks East Inc., Dura Art Stone Inc., Elite Crete Systems Inc., Envision Concrete Inc.
Which geographic areas are expected to offer the highest growth opportunities in theglass fiber reinforced concrete market?
North America was the largest region in the glass fiber reinforced concrete market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glass fiber reinforced concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Can Companies Use The Glass Fiber Reinforced Concrete Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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