Albany, NY -- (SBWire) -- 07/06/2018 --This report studies the global Glass-Fiber Reinforced Gypsum market status and forecast, categorizes the global Glass-Fiber Reinforced Gypsum market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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.
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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.
The global Glass-Fiber Reinforced Gypsum market is valued at 670 million US$ in 2017 and will reach 1040 million US$ by the end of 2025, growing at a CAGR of 6.5% during 2018-2025.
The major players covered in this report
- 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
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Key Stakeholders
- Glass-Fiber Reinforced Gypsum Manufacturers
- Glass-Fiber Reinforced Gypsum Distributors/Traders/Wholesalers
- Glass-Fiber Reinforced Gypsum Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
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Market Overview: Global Glass-Fiber Reinforced Gypsum Sales Market Forecast 2018-2025