 Global Glass-Fiber Reinforced Gypsum Market Growth 2019-2024
      Global Glass-Fiber Reinforced Gypsum Market Growth 2019-2024Glass 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.
Glass Fiber Reinforced Gypsum is a composite of high strength alpha gypsum reinforced with glass fibers that can be factory molded into virtually any shape or size. 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.
GFRG offer a wide range of applications, from the casinos, hotels, entertainment centers to public buildings. In 2016, the casino and entertainment center industry was the largest filed with 51% consumption market share.
In the future, as raw material costs and wage costs change, we tend to believe that prices will rise. But, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin. Developing countries will maintain a rapid growth rate. On the whole, we believe the industry will maintain a good growth rate.
According to this study, over the next five years the Glass-Fiber Reinforced Gypsum market will register a 6.4% CAGR in terms of revenue, the global market size will reach US$ 920 million by 2024, from US$ 670 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Glass-Fiber Reinforced Gypsum business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass-Fiber Reinforced Gypsum market by product type, application, key manufacturers and key regions and countries.
This study considers the Glass-Fiber Reinforced Gypsum value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    GFRG Board
    GFRG Products
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Casino and Entertainment Center
    Large Hotel
    Large Public Buildings
    Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Glass-Fiber Reinforced Gypsum consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Glass-Fiber Reinforced Gypsum market by identifying its various subsegments.
    Focuses on the key global Glass-Fiber Reinforced Gypsum manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Glass-Fiber Reinforced Gypsum with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Glass-Fiber Reinforced Gypsum submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
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