[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

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

May 2018 | 107 pages | ID: GB0D5451EE1EN
MarketsandMarkets

US$ 3,672.50 US$ 5,650.00 -35 %
Offer valid until December 31, 2024!

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
“The GFRG market is projected to grow at a CAGR of 7.0% from 2018 to 2023, in terms of value.”

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.

“Based on type, the Type X segment is projected to lead the GFRG market during the forecast period, in terms of value and volume.”

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.

“The non-residential end user segment of the GFRG market is projected to grow at the highest CAGR during the forecast period, in terms of value and volume.”

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.

“The GFRG market in the MEA region is projected to grow at the highest CAGR between 2018 and 2023, in terms of value and volume.”

The GFRG market in the MEA region is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. This growth can be attributed to the increasing demand for GFRG from the building & construction industry in MEA countries. Initiatives undertaken by governments of various MEA countries to promote the development of smart cities are also contributing to the growth of the GFRG market in the MEA region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted as follows:
  • By Company Type- Tier 1 - 10%, Tier 2 - 25%, and Tier 3 - 65%
  • By Designation- C level - 10%, Director level - 30%, and Others - 60%
  • By Region- Asia Pacific - 45%, North America - 20%, Europe - 15%, South America - 11%, and Middle East & Africa - 9%
This report provides a comprehensive analysis of key companies listed below:
  • USG Corporation (US)
  • CertainTeed (US)
  • Saint-Gobain Gyproc (France)
  • Knauf Danoline (Denmark)
  • Georgia-Pacific (US)
  • American Gypsum (US)
  • Formglas (Canada)
  • Continental Building Products (US)
  • Chiyoda UTE (Tokyo)
  • Gillespie (UK)
RESEARCH COVERAGE

This report covers the GFRG market and forecasts the size of the market till 2023. The report includes the segmentation of the GFRG market based on type, application, end user, and region. The Porter’s Five Forces analysis and key market dynamics such as drivers, restraints, challenges, and opportunities influencing the growth of the GFRG market have been discussed in the report. The report also provides company profiles of major players operating in the GFRG market.

Benefits of Buying the Report:

The report is expected to help market leaders/new entrants in the GFRG market in the following ways:
  • This report segments the GFRG market and provides the closest approximation of revenues for the overall market and its subsegments across different verticals and regions.
  • The report helps stakeholders understand the pulse of the market and provides information on key drivers, restraints, challenges, and opportunities for the GFRG market.
  • This report is also expected to help stakeholders understand their competitors and gain insights into improving their position in the GFRG market. The competitive landscape section includes an ecosystem of competitors and detailed information on new product developments, expansions & investments, agreements/contracts, and mergers & acquisitions.
1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
  1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Key data from primary sources
    2.1.2.2 Key industry insights
    2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
  2.2.1 BOTTOM-UP APPROACH
  2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES IN THE GFRG MARKET
4.2 GFRG MARKET, BY TYPE
4.3 GFRG MARKET, BY END USE AND REGION
4.4 GFRG MARKET, BY APPLICATION
4.5 GFRG MARKET, BY COUNTRY

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
  5.2.1 DRIVERS
    5.2.1.1 High-quality material and rapid construction
    5.2.1.2 Increase in number of construction projects in developed
and developing economies
    5.2.1.3 Need for eco-friendly and cost-effective construction products
  5.2.2 RESTRAINTS
    5.2.2.1 Very few manufacturing plants in the developing countries
    5.2.2.2 Difficulty in transportation and constructing high-rise buildings
    5.2.2.3 Uncertainty in the global political scenario
  5.2.3 OPPORTUNITIES
    5.2.3.1 High requirement in natural calamity zones and countries vulnerable to political unrest
    5.2.3.2 Government regulations on building products in developing countries
  5.2.4 CHALLENGES
    5.2.4.1 Lack of awareness about the benefits and unavailability of GFRG/GRG
    5.2.4.2 Developing GFRG manufacturing plants in APAC and the MEA
5.3 PORTER’S FIVE FORCES ANALYSIS
  5.3.1 THREAT OF NEW ENTRANTS
  5.3.2 THREAT OF SUBSTITUTES
  5.3.3 BARGAINING POWER OF SUPPLIERS
  5.3.4 BARGAINING POWER OF BUYERS
  5.3.5 INTENSITY OF COMPETITIVE RIVALRY

6 MACROECONOMIC OVERVIEW AND KEY TRENDS

6.1 INTRODUCTION
6.2 TRENDS AND FORECAST OF GDP
6.3 PER CAPITA GDP VS. PER CAPITA GFRG DEMAND
6.4 TRENDS AND FORECAST OF THE CONSTRUCTION INDUSTRY

7 GFRG MARKET, BY TYPE

7.1 INTRODUCTION
7.2 TYPE X
7.3 TYPE C
7.4 OTHERS

8 GFRG MARKET, BY APPLICATION

8.1 INTRODUCTION
8.2 INTERIOR
  8.2.1 WALL
  8.2.2 CEILING & FLOOR
  8.2.3 COLUMN & LIGHT COVER
8.3 EXTERIOR
  8.3.1 WALL
  8.3.2 CLADDING

9 GFRG MARKET, BY END USE

9.1 INTRODUCTION
9.2 NON-RESIDENTIAL CONSTRUCTION
  9.2.1 INSTITUTIONS
  9.2.2 HOSPITALS
  9.2.3 OFFICES
  9.2.4 AIRPORTS
  9.2.5 OTHERS
9.3 RESIDENTIAL CONSTRUCTION

10 GFRG MARKET, BY REGION

10.1 INTRODUCTION
10.2 NORTH AMERICA
  10.2.1 US
  10.2.2 CANADA
10.3 EUROPE
  10.3.1 GERMANY
  10.3.2 UK
  10.3.3 FRANCE
  10.3.4 ITALY
  10.3.5 RUSSIA
  10.3.6 SPAIN
  10.3.7 REST OF EUROPE
10.4 APAC
  10.4.1 CHINA
  10.4.2 INDIA
  10.4.3 AUSTRALIA & NEW ZEALAND
  10.4.4 REST OF APAC
10.5 MIDDLE EAST & AFRICA (MEA)
  10.5.1 UAE
  10.5.2 SAUDI ARABIA
  10.5.3 OMAN
  10.5.4 SOUTH AFRICA
  10.5.5 REST OF MEA
10.6 LATIN AMERICA
  10.6.1 BRAZIL
  10.6.2 MEXICO
  10.6.3 ARGENTINA

11 COMPANY PROFILES

Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View

11.1 CERTAINTEED (SUBSIDIARY OF SAINT-GOBAIN)
11.2 SAINT-GOBAIN GYPROC
11.3 CONTINENTAL BUILDING PRODUCTS
11.4 USG CORPORATION
11.5 KNAUF DANOLINE A/S
11.6 GEORGIA-PACIFIC
11.7 NATIONAL GYPSUM COMPANY
11.8 YINGCHUANG BUILDING TECHNIQUE CO. LTD.
11.9 FACT - RCF BUILDING PRODUCTS LTD.
11.10 AMERICAN GYPSUM
11.11 FORMGLAS PRODUCTS LTD
11.12 GILLESPIE
11.13 OTHER COMPANIES
  11.13.1 SHANGHAI CHUNCUI DECORATION MATERIAL CO., LTD.
  11.13.2 STROMBERG ARCHITECTURAL
  11.13.3 RAPIDWALL
  11.13.4 PLASTERCEIL INDUSTRIES PTE LTD
  11.13.5 CHIYODA UTE CO., LTD.
  11.13.6 OWENS CORNING
  11.13.7 HORIZONS INDUSTRIAL DEVELOPMENT CO. L.L.C.
  11.13.8 INTEXFORMS, INC.
  11.13.9 FIBREX
  11.13.10 GC PRODUCTS, INC.

*Details might not be captured in case of unlisted companies.

12 APPENDIX

12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
12.5 AVAILABLE CUSTOMIZATIONS
12.6 RELATED REPORTS
12.7 AUTHOR DETAILS

LIST OF TABLES

TABLE 1 TRENDS AND FORECAST OF GDP, 2017–2022 (USD BILLION)
TABLE 2 PER CAPITA GDP VS. PER CAPITA GFRG DEMAND, BY KEY COUNTRY, 2018
TABLE 3 CONTRIBUTION OF THE CONSTRUCTION INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2015–2022 USD BILLION
TABLE 4 CONTRIBUTION OF THE CONSTRUCTION INDUSTRY IN EUROPE, BY COUNTRY, 2015–2022 (USD BILLION)
TABLE 5 CONTRIBUTION OF THE CONSTRUCTION INDUSTRY IN APAC, BY COUNTRY, 2015—2022 (USD BILLION)
TABLE 6 CONTRIBUTION OF THE CONSTRUCTION INDUSTRY IN THE MIDDLE EAST, BY COUNTRY, 2015—2022 (USD BILLION)
TABLE 7 CONTRIBUTION OF THE CONSTRUCTION INDUSTRY IN LATIN AMERICA, BY COUNTRY, 2015—2022 (USD BILLION)
TABLE 8 GFRG MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 9 GFRG MARKET SIZE, BY TYPE, 2016–2023 (MILLION SQUARE METER)
TABLE 10 TYPE X GFRG MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 11 TYPE X GFRG MARKET SIZE, BY REGION, 2016-2023 (MILLION SQUARE METER)
TABLE 12 TYPE C GFRG MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 13 TYPE C GFRG MARKET SIZE, BY REGION, 2016–2023 (MILLION SQUARE METER )
TABLE 14 OTHER GFRG MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 15 OTHER GFRG MARKET SIZE, BY REGION, 2016–2023 (MILLION SQUARE METER )
TABLE 16 GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
TABLE 17 GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (MILLION SQUARE METER)
TABLE 18 GFRG MARKET SIZE IN INTERIOR APPLICATION, BY REGION, 2016–2023 (USD MILLION)
TABLE 19 GFRG MARKET SIZE IN INTERIOR APPLICATION, BY REGION, 2016–2023 (MILLION SQUARE METER)
TABLE 20 GFRG MARKET SIZE IN EXTERIOR APPLICATION, BY REGION, 2016–2023 (USD MILLION)
TABLE 21 GFRG MARKET SIZE IN EXTERIOR APPLICATION, BY REGION, 2016–2023 (MILLION SQUARE METER)
TABLE 22 GFRG MARKET SIZE, BY END USE, 2016–2023 (USD MILLION)
TABLE 23 GFRG MARKET SIZE, BY END USE, 2016–2023 (MILLION SQUARE METER)
TABLE 24 GFRG MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2016–2023 (USD MILLION)
TABLE 25 GFRG MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2016–2023 (MILLION SQUARE METER)
TABLE 26 GFRG MARKET SIZE IN RESIDENTIAL CONSTRUCTION, BY REGION, 2016–2023 (USD MILLION)
TABLE 27 GFRG MARKET SIZE IN RESIDENTIAL CONSTRUCTION, BY REGION, 2016–2023 (MILLION SQUARE METER)
TABLE 28 GFRG MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 29 GFRG MARKET SIZE, BY REGION, 2016–2023 (MILLION SQUARE METER)
TABLE 30 NORTH AMERICA: GFRG MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 31 NORTH AMERICA: GFRG MARKET SIZE, BY TYPE, 2016–2023 (MILLION SQUARE METER)
TABLE 32 NORTH AMERICA: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
TABLE 33 NORTH AMERICA: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (MILLION SQUARE METER)
TABLE 34 NORTH AMERICA: GFRG MARKET SIZE, BY END USE, 2016–2023 (USD MILLION)
TABLE 35 NORTH AMERICA: GFRG MARKET SIZE, BY END USE, 2016–2023 (MILLION SQUARE METER)
TABLE 36 NORTH AMERICA: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 37 NORTH AMERICA: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (MILLION SQUARE METER)
TABLE 38 EUROPE: GFRG MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 39 EUROPE: GFRG MARKET SIZE, BY TYPE, 2016–2023 (MILLION SQUARE METER)
TABLE 40 EUROPE: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
TABLE 41 EUROPE: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (MILLION SQUARE METER)
TABLE 42 EUROPE: GFRG MARKET SIZE, BY END USE, 2016–2023 (USD MILLION)
TABLE 43 EUROPE: GFRG MARKET SIZE, BY END USE, 2016–2023 (MILLION SQUARE METER)
TABLE 44 EUROPE: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 45 EUROPE: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (MILLION SQUARE METER)
TABLE 46 APAC: GFRG MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 47 APAC: GFRG MARKET SIZE, BY TYPE, 2016–2023 (MILLION SQUARE METER)
TABLE 48 APAC: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
TABLE 49 APAC: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (MILLION SQUARE METER)
TABLE 50 APAC: GFRG MARKET SIZE, BY END USE, 2016–2023 (USD MILLION)
TABLE 51 APAC: GFRG MARKET SIZE, BY END USE, 2016–2023 (MILLION SQUARE METER)
TABLE 52 APAC: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 53 APAC: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (MILLION SQUARE METER)
TABLE 54 MEA: GFRG MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 55 MEA: GFRG MARKET SIZE, BY TYPE, 2016–2023 (MILLION SQUARE METER)
TABLE 56 MEA: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
TABLE 57 MEA: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (MILLION SQUARE METER)
TABLE 58 MEA: GFRG MARKET SIZE, BY END USE, 2016–2023 (USD MILLION)
TABLE 59 MEA: GFRG MARKET SIZE, BY END USE, 2016–2023 (MILLION SQUARE METER)
TABLE 60 MEA: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 61 MEA: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (MILLION SQUARE METER)
TABLE 62 LATIN AMERICA: GFRG MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 63 LATIN AMERICA: GFRG MARKET SIZE, BY TYPE, 2016–2023 (MILLION SQUARE METER)
TABLE 64 LATIN AMERICA: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
TABLE 65 LATIN AMERICA: GFRG MARKET SIZE, BY APPLICATION, 2016–2023 (MILLION SQUARE METER)
TABLE 66 LATIN AMERICA: GFRG MARKET SIZE, BY END USE, 2016–2023 (USD MILLION)
TABLE 67 LATIN AMERICA: GFRG MARKET SIZE, BY END USE, 2016–2023 (MILLION SQUARE METER)
TABLE 68 LATIN AMERICA: GFRG MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 69 LATIN AMERICA: GFRG MARKET SIZE, BY COUNTRY, 2016–2023, (MILLION SQUARE METER)

LIST OF FIGURES

FIGURE 1 GFRG: MARKET SEGMENTATION
FIGURE 2 GFRG MARKET: RESEARCH DESIGN
FIGURE 3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
FIGURE 5 GFRG MARKET: DATA TRIANGULATION
FIGURE 6 TYPE X TO LEAD THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 7 NON-RESIDENTIAL END USE SEGMENT TO LEAD THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 8 UAE TO BE THE FASTEST-GROWING GFRG MARKET DURING THE FORECAST PERIOD
FIGURE 9 INTERIOR APPLICATION TO DOMINATE THE MARKET BETWEEN 2018 AND 2023
FIGURE 10 EUROPE TO LEAD THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 11 INCREASED DEMAND FROM GROWING CONSTRUCTION PROJECTS TO DRIVE THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 12 TYPE X GFRG TO DOMINATE THE MARKET BETWEEN 2018 AND 2023
FIGURE 13 NON-RESIDENTIAL SEGMENT DOMINATED THE GFRG MARKET IN 2017
FIGURE 14 INTERIOR APPLICATION TO DOMINATE THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 15 UAE TO BE THE FASTEST-GROWING MARKET DURING THE FORECAST PERIOD
FIGURE 16 OVERVIEW OF FACTORS GOVERNING THE GFRG MARKET
FIGURE 17 GFRG MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 18 TYPE X TO DOMINATE THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 19 EUROPE TO LEAD THE TYPE X SEGMENT, BETWEEN 2018 AND 2023
FIGURE 20 EUROPE TO LEAD THE OTHER GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 21 INTERIOR APPLICATION TO DOMINATE THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 22 EUROPE TO LEAD THE GFRG MARKET IN INTERIOR APPLICATION
FIGURE 23 NON-RESIDENTIAL CONSTRUCTION TO LEAD THE GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 24 MEA TO BE THE FASTEST-GROWING GFRG MARKET IN NON-RESIDENTIAL CONSTRUCTION, 2018–2023
FIGURE 25 EUROPE TO LEAD THE GFRG MARKET IN RESIDENTIAL CONSTRUCTION BETWEEN 2018 AND 2023
FIGURE 26 UAE TO BE THE FASTEST-GROWING GFRG MARKET BETWEEN 2018 AND 2023
FIGURE 27 NORTH AMERICA: GFRG MARKET SNAPSHOT
FIGURE 28 EUROPE: GFRG MARKET SNAPSHOT
FIGURE 29 APAC: GFRG MARKET SNAPSHOT
FIGURE 30 CONTINENTAL BUILDING PRODUCTS: COMPANY SNAPSHOT
FIGURE 31 CONTINENTAL BUILDING PRODUCTS: SWOT ANALYSIS
FIGURE 32 USG CORPORATION: COMPANY SNAPSHOT
FIGURE 33 USG CORPORATION: SWOT ANALYSIS


More Publications