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    Glass Fiber Reinforced Concrete Market Trends

    ID: MRFR/CO/4759-HCR
    125 Pages
    Tejas Chaudhary
    October 2025

    Glass Fiber Reinforced Concrete Market Research Report by Process (Spray, Premix, and Hybrid), By Application (Commercial, Residential, Civil Construction & Others) and by Region (the Americas, Asia Pacific, Europe, Middle East and Africa) — Global Forecast till 2035

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    Summary Table of Contents Segmentation Download PDF

    Market Trends

    Key Emerging Trends in the Glass Fiber Reinforced Concrete Market

    The growing popularity for green building materials is a significant trend on this market. Because of increased awareness about environmental issues, conventional construction materials are no longer attractive to architects and builders who now prefer alternatives that have reduced carbon footprint like GFRC compared with ordinary concrete.

    Furthermore, another reason behind this popularity is that it can be designed to suit various tastes. This means that it can be used to make complex shapes that would otherwise not have been achieved using plain cement hence becoming popular for facades, cladding as well as decorative panels in buildings. Construction industries have begun adopting more beautiful looking solutions thus making GFRC their favorite choice.

    In addition to its flexibility in design, improved manufacturing techniques are also supporting growth in the GFRC marketplace. For instance there has been extensive research and development aimed at improving material consistency, durability and performance during production process. These concerns regarding whether GFRC can last long enough have been addressed thus opening up its application across virtually all sectors within the construction industry. With further developments in these manufacturing technologies, it is poised for future acceptance into mainstream construction by many more builders.

    Another trend worth noting is using it for infrastructure purposes. It is suitable for bridge components, tunnels and precast concrete elements due to its light weight, high tensile strength as well as durability. Hence, when used in infrastructure projects such as bridges or tunnels, GFRC helps in achieving better structural performance and also it is easy to transport and install thus reducing time taken during construction activity.

    Additionally the market trends indicate increased focus on research and development so that GFRC can be used across a wider range of applications. The innovations in formulation and production techniques are opening up possibilities which includes the development of marine structures made of high-performance GFRC as well as earthquake-resistant buildings. Therefore, emphasis on innovative products has led to their acceptance into different types of building projects.

    Market Summary

    As per Market Research Future Analysis, the Glass Fiber Reinforced Concrete (GFRC) market was valued at USD 2.99 billion in 2024 and is projected to grow to USD 8.46 billion by 2035, with a CAGR of 9.92% from 2025 to 2035. The GFRC is favored in the construction industry for its durability and versatility in applications such as exterior facades and architectural precast concrete. The COVID-19 pandemic unexpectedly boosted demand as homeowners focused on remodeling projects. The market is driven by increasing environmental consciousness and government regulations promoting sustainable building materials.

    Key Market Trends & Highlights

    The GFRC market is characterized by significant growth opportunities and competitive dynamics.

    • Market Size in 2024: USD 2.99 billion Projected Market Size by 2035: USD 8.46 billion CAGR from 2025 to 2035: 9.92% Expected Market Size by 2030: USD 7.17 billion

    Market Size & Forecast

    2024 Market Size USD 2.99 billion
    2035 Market Size USD 8.46 billion
    CAGR (2024-2035) 9.92%
    Expected Market Size by 2030 USD 7.17 billion

    Major Players

    <p>Key companies include Willis Construction Co., Inc. (U.S.), Fibrex Construction Group (UAE), Formglas Products Ltd. (Canada), Clark Pacific (U.S.), Ultratech Cement Ltd. (India), and others.</p>

    Market Trends

    <p>The increasing demand for sustainable construction materials is driving innovation in the Glass Fiber Reinforced Concrete market, as it offers enhanced durability and reduced environmental impact compared to traditional concrete.</p>

    U.S. Department of Energy

    Glass Fiber Reinforced Concrete Market Market Drivers

    Market Growth Projections

    The Global Glass Fiber Reinforced Concrete Market Industry is poised for substantial growth in the coming years. Projections indicate that the market will reach 2.99 USD Billion in 2024 and is expected to expand significantly to 8.47 USD Billion by 2035. This growth trajectory suggests a robust compound annual growth rate (CAGR) of 9.93% from 2025 to 2035. Such figures reflect the increasing adoption of GFRC across various sectors, driven by its unique properties and benefits. The anticipated growth underscores the material's potential to reshape the construction landscape globally.

    Versatility in Architectural Applications

    The versatility of glass fiber reinforced concrete in architectural applications is a key driver for the Global Glass Fiber Reinforced Concrete Market Industry. GFRC can be molded into various shapes and finishes, allowing architects to explore innovative designs without compromising structural integrity. Its lightweight nature facilitates easier installation, making it a preferred choice for decorative elements, cladding, and facades. This adaptability enhances its appeal in both residential and commercial projects, contributing to increased demand. As architects continue to push the boundaries of design, the market for GFRC is expected to expand, reflecting its growing importance in contemporary architecture.

    Technological Advancements in Concrete Production

    Technological innovations in concrete production are significantly influencing the Global Glass Fiber Reinforced Concrete Market Industry. Advanced mixing techniques and the incorporation of high-performance fibers enhance the mechanical properties of GFRC, making it more appealing for various applications. For example, the use of automated manufacturing processes ensures consistent quality and reduces production costs. These advancements not only improve the performance of GFRC but also expand its applicability in architectural designs and infrastructure projects. As a result, the market is anticipated to grow at a CAGR of 9.93% from 2025 to 2035, further solidifying its position in the construction sector.

    Rising Demand for Sustainable Construction Materials

    The Global Glass Fiber Reinforced Concrete Market Industry is experiencing a notable shift towards sustainable construction practices. As environmental concerns gain prominence, builders and architects increasingly favor materials that minimize ecological impact. Glass fiber reinforced concrete (GFRC) offers enhanced durability and reduced weight, which contributes to lower carbon footprints. For instance, GFRC can be utilized in facades, reducing the need for heavy structural support. This trend is projected to drive the market's growth, with the industry expected to reach 2.99 USD Billion in 2024, reflecting a growing preference for eco-friendly construction solutions.

    Increasing Urbanization and Infrastructure Development

    The rapid pace of urbanization and infrastructure development is a significant driver for the Global Glass Fiber Reinforced Concrete Market Industry. As cities expand, there is a growing need for durable and aesthetically pleasing construction materials. GFRC is particularly suited for urban environments due to its lightweight nature and versatility in design. It is increasingly used in high-rise buildings, bridges, and public spaces, enhancing both functionality and visual appeal. This trend is expected to contribute to the market's growth, with projections indicating a rise to 8.47 USD Billion by 2035, underscoring the material's relevance in modern construction.

    Government Initiatives Supporting Innovative Construction Materials

    Government initiatives aimed at promoting innovative construction materials are playing a crucial role in the Global Glass Fiber Reinforced Concrete Market Industry. Various countries are implementing policies that encourage the use of advanced materials to improve building efficiency and sustainability. For instance, incentives for using GFRC in public projects can lead to increased adoption among contractors and developers. These initiatives not only enhance the market's visibility but also foster research and development in GFRC applications. Consequently, this supportive regulatory environment is likely to propel market growth and adoption in the coming years.

    Market Segment Insights

    Regional Insights

    Key Companies in the Glass Fiber Reinforced Concrete Market market include

    Industry Developments

    • Clark Pacific enters into a strategic partnership to start manufacturing smart glass for commercial units
    • Clark Pacific launches the NetZERO platform

    Future Outlook

    Glass Fiber Reinforced Concrete Market Future Outlook

    <p>The Glass Fiber Reinforced Concrete Market is poised for growth at 9.90% CAGR from 2025 to 2035, driven by urbanization, infrastructure development, and sustainability trends.</p>

    New opportunities lie in:

    • <p>Develop innovative GFRP products for sustainable construction practices. Expand into emerging markets with tailored GFRP solutions. Leverage advanced manufacturing technologies to enhance product performance.</p>

    <p>By 2035, the market is expected to achieve substantial growth, reflecting increased adoption and innovation.</p>

    Market Segmentation

    By market

    • Hybrid
    • Premix
    • Spray

    By application

    • Other infrastructural construction
    • Civil construction
    • Residential construction
    • Commercial Construction

    Regional analysis

    • The Middle East and North Africa
    • Asia-Pacific
    • The European Union
    • The Americas

    Recent developments

    • Clark Pacific launches the NetZERO platform
    • Clark Pacific enters into a strategic partnership to start manufacturing smart glass for commercial units

    List of key major companies in the Glass Fiber Reinforced Concrete Market are:

    • Loveld (Belgium).
    • Stromberg Architectural (U.S.)
    • Low & Bonar (U.K.) and
    • Nanjing Beilida New Material System Engineering Co.
    • Ltd. (China)
    • BB Fiberbeton (Denmark)
    • Betofiber A.S. (Turkey)
    • Ultratech Cement Ltd. (India)
    • Clark Pacific (U.S.)
    • Formglas Products Ltd. (Canada)
    • Fibrex Construction Group (UAE)
    • Willis Construction Co.
    • Inc . (U.S.)

    Report Scope

    Report Attribute/MetricDetails
    Market Size 2024USD 2.99 billion
    Market Size 20358.46
    Compound Annual Growth Rate (CAGR)9.92% (2025 - 2035)
    Base Year2024
    Forecast Period2025 - 2035
    Historical Data2020
    Forecast UnitsValue (USD Billion)
    Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments CoveredReinforcing Material, End-User, Region
    Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
    Countries CoveredThe U.S, Canada, Germany, UK, China, Japan, India, Australia, South Korea.
    Key Companies ProfiledOwens Corning (U.S.), Jushi Group Co., Ltd. (China), Chongqing Polycomp International Corporation (China), PPG Industries, Inc. (U.S.), Johns Manville Corporation (U.S.), Saint-Gobain Corporation (U.S.), Nippon Sheet Glass Co., Ltd. (Japan), Taishan Fiberglass Inc. (China), AGY Holding Corp. (U.S.), Asahi Fiber Glass Co., Ltd. (Japan), Binani Industries Limited (India), Celanese Corporation (U.S.), SAERTEX GmbH & Co. KG (Germany), NITTOBO ASIA Glass Fiber Co. Ltd. (Taiwan), and BGF Industries, Inc. (U.S.)
    Key Market Opportunities·  Rising demand for low weight, mouldability ·  High quality surface finishes ·  Rapid urbanization coupled with increasing disposable income in emerging economies
    Key Market Dynamics · Rapid industrialization  · Demand for powerful materials coupled with innovation in the chemicals industry ·   ·  Increasing expenditure on research activities
    Market Size 20253.29

    Market Highlights

    Author

    Tejas Chaudhary
    Research Analyst Level II

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Latest Comments

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    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
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    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM
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    FAQs

    At what CAGR is the global glass fiber reinforced concrete market projected to grow in the forecast period (2024-2035)?

    Glass Fiber Reinforced Concrete Market is expected to grow with a CAGR of 9.92% in the period 2025-2035

    What is the glass fiber reinforced concrete market growth by 2035?

    The valuation of the global glass fiber reinforced concrete market is estimated to increase to USD 8.46 billion by the end of 2035.

    Who are the top players in the global glass fiber reinforced concrete market?

    Fibrex Construction Group (UAE), Loveld (Belgium), Willis Construction Co., Inc. (U.S.), Formglas Products Ltd. (Canada), Low &amp; Bonar (U.K), Ultratech Cement Ltd. (India), Clark Pacific (U.S.), Nanjing Beilida New Material Stromberg Architectural (U.S.), System Engineering Co., Ltd. (China), Betofiber A.S. (Turkey), and BB Fiberbeton (Denmark), are some of the top players operating in the global glass fiber reinforced concrete market.

    Which region holds the largest share in the global orphan diseases market?

    North America holds the largest share in the global orphan diseases market, followed by Europe and the Asia Pacific, respectively.

    What are the major tailwinds pushing the growth of the global glass fiber reinforced concrete market?

    An increase in the number of construction projects and rising preference for GFRC to provide weather and fire resistance to building structures are major tailwinds pushing the growth of the global glass fiber reinforced concrete market.

    1. Executive Summary
    2. Scope of the Report
      1. Market Definition
      2. Scope of the Study
        1. Definition
        2. Research Objective
        3. Assumptions
        4. Limitations
      3. Research Process
        1. Primary Research
        2. Secondary Research
      4. Market Size Estimation
      5. Forecast Model
    3. Market Landscape
      1. Porter’s Five Forces Analysis
        1. Threat of New Entrants
        2. Bargaining power of buyers
        3. Bargaining power of Suppliers
        4. Threat of substitutes
        5. Segment rivalry
      2. Value Chain/Supply Chain Analysis
    4. Market Dynamics
      1. Introduction
      2. Market Drivers
      3. Market Restraints
      4. Market Opportunities
      5. Market Trends
    5. Glass Fiber Reinforced Concrete (GFRC) Market, By Process
      1. Introduction
      2. Spray
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Region, 2020–2027
      3. Premix
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Region, 2020–2027
      4. Hybrid
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Region, 2020–2027
    6. Glass Fiber Reinforced Concrete (GFRC) Market, By Application
      1. Introduction
      2. Commercial construction
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Region, 2020–2027
      3. Residential Construction
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Region, 2020–2027
      4. Civil & Other Infrastructure Construction
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Region, 2020–2027
    7. Glass Fiber Reinforced Concrete (GFRC) Market, By Region
      1. Introduction
      2. North America
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Process, 2020–2027
        3. Market Estimates & Forecast by Application, 2020–2027
        4. U.S.
        5. Canada
      3. Europe
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Process, 2020–2027
        3. Market Estimates & Forecast by Application, 2020–2027
        4. U.K
        5. Germany
        6. France
        7. Italy
        8. Rest of Europe
      4. Asia Pacific
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Process, 2020–2027
        3. Market Estimates & Forecast by Application, 2020–2027
        4. China
        5. Japan
        6. India
        7. Rest of Asia Pacific
      5. Rest of the World
        1. Market Estimates & Forecast, 2020–2027
        2. Market Estimates & Forecast by Process, 2020–2027
        3. Market Estimates & Forecast by Application, 2020–2027
    8. Competitive Landscape
    9. Company Profile
      1. Willis Construction Co., Inc. (US)
        1. Company Overview
        2. Products/Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      2. Willis Construction Co., Inc. (US)
        1. Company Overview
        2. Products/Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      3. Fibrex Construction Group (UAE)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      4. Formglas Products Ltd. (Canada)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      5. Clark Pacific (US)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      6. Ultratech Cement Ltd. (India)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      7. Betofiber A.S. (Turkey)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      8. BB Fiberbeton (Denmark)
        1. Company Overview
        2. Products/Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      9. Nanjing Beilida New Material System Engineering Co., Ltd. (China)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      10. Stromberg Architectural (US)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      11. Low & Bonar (U.K.)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      12. Loveld (Belgium)
        1. Company Overview
        2. Products /Services Offering
        3. Financial Overview
        4. Key Developments
        5. Strategy
        6. SWOT Analysis
      13.  
      14. Table of Content
    10. Global Glass Fiber Reinforced Concrete (GFRC) Market, by Region, 2020–2027
    11. North America Glass Fiber Reinforced Concrete (GFRC) Market, by Country, 2020–2027
    12. Europe Glass Fiber Reinforced Concrete (GFRC) Market, by Country, 2020–2027
    13. Asia-Pacific Glass Fiber Reinforced Concrete (GFRC) Market, by Country, 2020–2027
    14. RoW Glass Fiber Reinforced Concrete (GFRC) Market, by Country, 2020–2027
    15. Global Glass Fiber Reinforced Concrete Market, by Process, by Regions, 2020–2027
    16. North America Glass Fiber Reinforced Concrete Market, by Process, by Country, 2020–2027
    17. Europe Glass Fiber Reinforced Concrete Market, by Process, by Country, 2020–2027
    18. Asia-Pacific Glass Fiber Reinforced Concrete (GFRC) Market, by Process, by Country, 2020–2027
    19. RoW Glass Fiber Reinforced Concrete (GFRC) Market, by Process, by Country, 2020–2027
    20. Global Glass Fiber Reinforced Concrete (GFRC) Market, by Application, by Regions, 2020–2027
    21. North America Glass Fiber Reinforced Concrete (GFRC) Market, by Application, by Country, 2020–2027
    22. Europe Glass Fiber Reinforced Concrete (GFRC) Market, by Application, by Country, 2020–2027
    23. Asia Pacific Glass Fiber Reinforced Concrete (GFRC) Market, by Application, by Country, 2020–2027
    24. RoW Glass Fiber Reinforced Concrete (GFRC) Market, by Application, by Country, 2020–2027
    25. Global Process Market: by Region, 2020–2027
    26. Global application Market: by Region, 2020–2027
    27. North America Glass Fiber Reinforced Concrete (GFRC) Market, by Country
    28. North America Glass Fiber Reinforced Concrete (GFRC) Market, by Process
    29. North America Glass Fiber Reinforced Concrete (GFRC) Market, by Application
    30. Europe: Glass Fiber Reinforced Concrete (GFRC) Market, by Country
    31. Europe: Glass Fiber Reinforced Concrete (GFRC) Market, by Process
    32. Europe: Glass Fiber Reinforced Concrete (GFRC) Market, by Application
    33. Asia-Pacific: Glass Fiber Reinforced Concrete (GFRC) Market, by Country
    34. Asia-Pacific: Glass Fiber Reinforced Concrete (GFRC) Market, by Process
    35. Asia-Pacific: Glass Fiber Reinforced Concrete (GFRC) Market, by Application
    36. RoW: Glass Fiber Reinforced Concrete (GFRC) Market, by Region
    37. RoW Glass Fiber Reinforced Concrete (GFRC) Market, by Process
    38. RoW Glass Fiber Reinforced Concrete (GFRC) Market, by Application
      1. List of Figures
    39. RESEARCH PROCESS OF MRFR
    40. TOP DOWN & BOTTOM-UP APPROACH
    41. Market Dynamics
    42. impact analysis: market drivers
    43. impact analysis: market restraints
    44. Porter's five forces analysis
    45. Value chain analysis
    46. Global Glass Fiber Reinforced Concrete (GFRC) Market Share, BY Raw Process, 2020 (%)
    47. Global Glass Fiber Reinforced Concrete (GFRC) Market BY Process, 2020–2027 (USD million)
    48. Global Glass Fiber Reinforced Concrete (GFRC) Market Share, BY Application, 2020 (%)
    49. Global Glass Fiber Reinforced Concrete (GFRC) Market BY Application, 2020–2027(USD million)
    50. Global Glass Fiber Reinforced Concrete (GFRC) Market Share (%), BY Region, 2020
    51. Global Glass Fiber Reinforced Concrete (GFRC) Market BY Region, 2020–2027(USD million)
    52. North America Glass Fiber Reinforced Concrete (GFRC) Market Share (%), 2020
    53. North America Glass Fiber Reinforced Concrete (GFRC) Market BY Country, 2020–2027(USD million)
    54. Europe Glass Fiber Reinforced Concrete (GFRC) Market Share (%), 2020
    55. Europe Glass Fiber Reinforced Concrete (GFRC) Market BY Country, 2020–2027(USD million)
    56. Asia-Pacific Glass Fiber Reinforced Concrete (GFRC) Market Share (%), 2020
    57. Asia-Pacific Glass Fiber Reinforced Concrete (GFRC) Market BY Country, 2020–2027(USD million)
    58. Rest of the World Glass Fiber Reinforced Concrete (GFRC) Market Share (%), 2020
    59. Rest of the World Glass Fiber Reinforced Concrete (GFRC) Market BY Country, 2020–2027 (USD million)

    Glass Fiber Reinforced Concrete Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Infographic

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