Glass Fiber Reinforced Concrete (GFRC) Market

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Glass Fiber Reinforced Concrete (GFRC) Market

Glass Fiber Reinforced Concrete (GFRC) Market by Manufacturing Process (Spray-up, Premix, Shop-cast and Precast, Hand-cast, and Hybrid), by Application (Architecture, Structural and Civil Engineering, Repair and Restoration, Consumer and Outdoor Living, and Other Industrial Uses), and by End User Sector (Residential Construction, Institutional and Public Buildings, Infrastructure and Transport Projects, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2030

Industry: Materials and Chemical | Publish Date: 29-Sep-2025 | No of Pages: 742 | No. of Tables: 480 | No. of Figures: 405 | Format: PDF | Report Code : MC51

Market Definition:

The global Glass Fiber Reinforced Concrete (GFRC) Market size is estimated to be USD 153.03 million in 2019 and is predicted to reach USD 226.04 million by 2030 with a CAGR of 3.6% from 2020-2030.

The global GFRC market held a volumetric turn-over of 45.55 kilotons in 2019 that is expected to level-up to 72.93 kilotons by 2030, witnessing a CAGR of 4.4% from 2020-2030.

Glass fiber reinforced concrete (GFRC) is a specialized type of concrete mixed with glass fibers. GFRC constitutes of AR glass fibers, acrylic polymer emulsions, cement, sand, pozzolan (VCOS), admixtures and color-dry. Glass fiber reinforced concrete is mostly used for construction, cladding and re-cladding of architectural buildings.

The unique properties of GFRC such as its high compressive and tensile strength make it a primary choice. Also, its flexural strength can be as high as 4000 psi. It is light weight as compared to regular concrete and has a very high strength-to-weight ratio. Panels constructed from GFRC are much thinner than concrete panels, making them lighter. Its internal reinforcement, easy consolidation and smooth surface finish are a bonus to its many advantages.

Market Dynamics and Trends:

GFRC was first created in the 1940s in Russia, but it wasn’t until the 1970’s that the current form came into widespread use for building façades. Since then, the application of GFRC in construction projects has been increasing and driving the market growth. The rise in awareness for green buildings rated by LEED (Leadership in Energy and Environmental Design) is a major factor driving the Glass fiber reinforced concrete market growth.

Other factors such as acceleration of urbanization and growth of emerging economies further boost the market growth. However, low ductility and high cost due to ongoing R&D might restrain the market growth. Moreover, the intensification of technological advancements is estimated to curtail the prices of GFRC and hence accelerate its adoption in future.

 

Market Segmentations and Scope of the Study:

The global glass fiber reinforced concrete market share has been analyzed based on process, application and geography. Based on process, the market is segmented into spray, premix and hybrid. Based on application, the market is segmented into commercial construction, residential construction and civil & other Infrastructure construction. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

 

Geographical Analysis:

North America represents higher adoption of GFRC because of the constant rise of its construction industry and hence is estimated to have the highest market share in the global glass fiber reinforced concrete (GFRC) industry during the forecasted period. Furthermore, the European region is estimated to expand mainly due to environmental concerns. Asia Pacific and Latin American markets are bound to flourish because of rising disposable income.

The emerging economies, especially Asia-Pacific region shall witness an increasing size of the glass fiber reinforced concrete (GFRC) market because of the technological advancements which are estimated to affirmatively affect the cost factor.

 

Competitive Landscape:

The global glass fiber reinforced concrete (GFRC) industry is highly competitive and consists of numerous market players. Some of the major market players are Stromberg Architectural Products, Inc., Fibrex Construction Group, UPB AS (UPB Group), Fibrobeton A.S., Nanjing BeiLiDa New Material System Engineering Co., Ltd., Willis Construction Co., Inc., Clark Pacific Corporation, BB Fiberbeton A/S, GB Architectural Cladding Products Ltd (GRC GB Group), Loveld NV, Dalian Shantai New Industrial Co., Ltd. (Shantai GRC), Advanced Architectural Stone Inc. (AAS / Advanced Cast Stone), Lindner Group KG (LinCrete), Rieder Group (fibreC), Formglas Products Ltd, Betofiber Precast Sanayi Ve Ticaret A.S., Telling Architectural Systems Ltd, Chiltern GRC Ltd., DAKO GRC Sp. Z O.o., Frey-Fil Corporation.

There have been various developments taking place in the market that further enhance the growth of glass fiber reinforced concrete (GFRC) market on a large scale.. For instance, Green Badger which is a carbon neutral company with a premier cloud based LEED certification software solution claims majority of the population in year 2020 is seeking to have buildings (both new and existing) go beyond reducing energy/climate impact to actually being regenerative, and being positive for both occupants and their communities. Such implementations are estimated to propel the future market growth.

Furthermore, In May 2020, the global technology group, Freudenberg acquired 100 percent of the shares in Low & Bonar PLC (a global leader in high-performance), London, United Kingdom. Such acquisitions ensure that the International standards won’t be merely satisfied but exceeded and therefore will immensely enhance the market growth.

Key Benefits:

  • The glass fiber reinforced concrete market report provides quantitative market analysis and estimations through 2020-2030 that assists to determine the predominant market opportunities to exploit.

  • The study comprises a deep drive analysis of the global market trends including current and upcoming trends for interpreting the prevalent investment pockets in the market.

  • The report gives intricate information related to key drivers, restraints, opportunities and their impact on the global market. The report consolidates a competitive analysis of the market players along with their market share in the global market.

  • The study elaborates SWOT analysis and Porters Five Force model for the global market.

  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles in the global market.

Glass Fiber Reinforced Concrete Market Key Segments:

By Manufacturing Process

  • Spray-up

  • Premix

  • Shop-cast and Precast

  • Hand-cast

  • Hybrid

By Application

  • Architecture

    • Cladding and Facade

    • Moldings and Ornamental

    • Interior Finishes

    • Furniture and Fixtures

    • Landscape and Streetscape

  • Structural and Civil Engineering

    • Permanent Formwork

    • Bridge and Tunnel Components

    • Utilities and Water Management

    • Floor Panels and Slabs

  • Repair and Restoration

    • Heritage and Facade Restoration

    • Structural Repair and Strengthening

  • Consumer and Outdoor Living

    • Fire Pits and Outdoor Kitchens

    • Planters Benches and Site Furniture

  • Other Industrial Uses

By End User Sector

  • Residential Construction

  • Commercial Construction

  • Institutional and Public Buildings

  • Infrastructure and Transport Projects

  • Industrial and Utility Projects

  • Defense and Security Projects

By Region

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • The UK

    • Germany

    • France    

    • Italy

    • Spain

    • Denmark

    • Netherlands

    • Finland

    • Sweden

    • Norway

    • Russia

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Indonesia

    • Singapore

    • Taiwan

    • Thailand

    • Rest of Asia-Pacific

  • RoW

    • Latin America

    • Middle East

    • Africa

Key Players

  • Stromberg Architectural Products, Inc.

  • Fibrex Construction Group

  • UPB AS (UPB Group)

  • Fibrobeton A.S.

  • Nanjing BeiLiDa New Material System Engineering Co., Ltd.

  • Willis Construction Co., Inc.

  • Clark Pacific Corporation

  • BB Fiberbeton A/S

  • GB Architectural Cladding Products Ltd (GRC GB Group)

  • Loveld NV

  • Dalian Shantai New Industrial Co., Ltd. (Shantai GRC)

  • Advanced Architectural Stone Inc. (AAS / Advanced Cast Stone)

  • Lindner Group KG (LinCrete)

  • Rieder Group (fibreC)

  • Formglas Products Ltd

  • Betofiber Precast Sanayi Ve Ticaret A.S.

  • Telling Architectural Systems Ltd

  • Chiltern GRC Ltd.

  • DAKO GRC Sp. Z O.o.

  • Frey-Fil Corporation

Report Scope and Segmentation

Parameters

Details

Analysis Period

2019–2030

Base Year Considered

2020

Forecast Period

2020–2030

Market Size Estimation

Million (USD)

Market Segmentation

by Manufacturing Process (Spray-up, Premix, Shop-cast and Precast, Hand-cast, and Hybrid), by Application (Architecture, Structural and Civil Engineering, Repair and Restoration, Consumer and Outdoor Living, and Other Industrial Uses), and by End User Sector (Residential Construction, Commercial Construction, Institutional and Public Buildings, Infrastructure and Transport Projects, Industrial and Utility Projects, and Defense and Security Projects)

Geographical Segmentation

North America (United States, Canada, and Mexico), Europe (Germany, France, Italy, Spain, United Kingdom, Russia, Sweden, Norway, Denmark, Netherlands, Finland, Rest of Europe), Asia-Pacific (Australia, China, India, Japan, South Korea, Indonesia, Singapore, Taiwan, Thailand, Rest of Asia-Pacific), Rest of the World (Latin America, Middle East, Africa)

Companies Profiled

Stromberg Architectural Products, Inc., Fibrex Construction Group, UPB AS (UPB Group), Fibrobeton A.S., Nanjing BeiLiDa New Material System Engineering Co., Ltd., Willis Construction Co., Inc., Clark Pacific Corporation, BB Fiberbeton A/S, GB Architectural Cladding Products Ltd (GRC GB Group), Loveld NV, Dalian Shantai New Industrial Co., Ltd. (Shantai GRC), Advanced Architectural Stone Inc. (AAS / Advanced Cast Stone), Lindner Group KG (LinCrete), Rieder Group (fibreC), Formglas Products Ltd, Betofiber Precast Sanayi Ve Ticaret A.S., Telling Architectural Systems Ltd, Chiltern GRC Ltd., DAKO GRC Sp. Z O.o., Frey-Fil Corporation
Glass Fiber Reinforced Concrete (GFRC) Market Revenue by 2030 (Billion USD) Glass Fiber Reinforced Concrete (GFRC) Market Segmentation Glass Fiber Reinforced Concrete (GFRC) Market Major Regions

About the Author

Sikha Haritwal is a researcher with more than 5 years of experience. She has been keeping a close eye on several industry verticals, including construction & manufacturing, personal care products, and consumer electronics. She has avid interest in writing news articles and hopes to use blog as a platform to share her knowledge with others.

About the Reviewer

Supradip Baul is an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.

Frequently Asked Questions

According to the report published by Next Move Strategy Consulting, the Global Glass Fiber Reinforced Concrete (GFRC) market business is expected to hit at $226.04 Million (USD) by 2030.

North America is expected to hold the highest market share in the global market. The region is expected to witness remarkable growth as it houses the major key players in the market.

Stromberg Architectural Products, Inc., Fibrex Construction Group, UPB AS (UPB Group), Fibrobeton A.S., Nanjing BeiLiDa New Material System Engineering Co., Ltd., Willis Construction Co., Inc., Clark Pacific Corporation, BB Fiberbeton A/S, GB Architectural Cladding Products Ltd (GRC GB Group), Loveld NV, Dalian Shantai New Industrial Co., Ltd. (Shantai GRC), Advanced Architectural Stone Inc. (AAS / Advanced Cast Stone), Lindner Group KG (LinCrete), Rieder Group (fibreC), Formglas Products Ltd, Betofiber Precast Sanayi Ve Ticaret A.S., Telling Architectural Systems Ltd, Chiltern GRC Ltd., DAKO GRC Sp. Z O.o., Frey-Fil Corporation.

The global Global Glass Fiber Reinforced Concrete (GFRC) market share analysis is based on manufacturing process, application, end-user sector, and geography.

In 2019, the market value stands at USD 153.03 million and it is anticipated to reach USD 226.04 million by 2030.

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