GFRG (Glass Fiber Reinforced Gypsum) Market was valued at USD 2.30 Billion in 2017 and is projected to reach USD 3.44 Billion by 2023, at a CAGR of 7.0% during the forecast period. Increased demand for rapid constructed, high fatigue resistant, temperature resistance, and recyclable GFRG from the construction industry are driving the growth of the GFRG market. Increase in the ... Read more
GFRG, also known as GRG, is a multi-layered composite composed of continuous strand fiberglass mats embedded in a high-density matrix made of alpha gypsum cement plaster. GFRG used as panels comprise chopped glass fibers commonly known as Rapidwall/Gypcrete in the construction industry. GFRG can also be used as pre-cast molds that can be customized into a multitude of finishes, textures, and shapes according to the requirement. They are used in the interior as well as exterior applications. ... Read more
Developed economies across the globe are targeting long-term investments in the building & construction industry. This factor, in turn, is expected to increase the number of construction projects, thereby offering a positive outlook for the GFRG market. The increased spending on infrastructural projects is also contributing to the growth of the GFRG market. The GFRG market ... Read more