Global Glass Fiber Reinforced Concrete Market Overview:
Glass fiber reinforced concrete consist of Portland cement, fine aggregate, water, acrylic, copolymer, glass fiber reinforcement and additives. The benefits of GFRC are highly durable and safe, can mold into almost any shape and color, very low maintenance, weather and fire resistant, economical and energy resistant. It is primarily used as an exterior façade or cladding material for new construction and for recladding or restoration of existing building facades. It is commonly used for purely decorative applications like window trims, decorative columns, exterior friezes or limestone-like wall panels.
- Quick and Cost Effective Installation
- Increasing Demand in Building and Construction Projects
- Increasing Penetration in End-Use Industry
- Economic Downturn in Major Regions
- Rising Construction Industry in the Developing Countries
- High Production and Labor Cost
Some of the key players profiled in the report are BCM GRC Ltd. (United States), Domcrete (Australia), Ultratech Cement Ltd. (India), Formglas Products Ltd. (Canada), Willis Construction Co., Inc. (United States), Clark Pacific (United States), Loveld NV (Belgium), Fibrex Construction Group (United Arab Emirates), Betofiber Yapi Elemanlari (Turkey) and STABIL Concrete Products (United States). Additionally, following companies can also be profiled that are part of our coverage like Stromberg Architectural (United States), BB Fiberbeton (Denmark), Cheng Concrete (United States) and Nanjing Beilida New Material System Engineering Co., Ltd. (China). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Glass Fiber Reinforced Concrete market by 2024. Considering Market by Process, the sub-segment i.e. Spray will boost the Glass Fiber Reinforced Concrete market.
On 26th June 2016, STABIL concrete products launched STABIL GFRC, a new brand of custom fabricated glass fiber reinforced concrete products (GFRC) for the commercial construction industry. The glass fibers used in STABIL GFRC provide higher tensile strength than steel, and they add significantly more flexural and impact strength than traditional concrete.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Glass Fiber Reinforced Concrete market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Glass Fiber Reinforced Concrete market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Glass Fiber Reinforced Concrete Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.