Fiber Reinforced Concrete Market Size: Top Vendors, Industry Trends, Growth, Recent Developments, Technology Forecast to 2028
Market Highlights Glass fiber reinforced concrete is predicted to grow by a CAGR of ~10.3% during the forecast year. GFRC is a mixture of cement, water, fine aggregate, chemical admixture, and alkali resistant glass fiber. It is an environmentally friendly material which consumes low energy and natural raw materials. A variety of products are made from GFRC and it has been a popular choice of architects, engineers, designers, and end users owing to its appearance and cost parameters. GFRC can easily be used on architectural moldings and features, cladding & landscaping. It can also be used in constructing roofs, floors, walls, windows of buildings. GFRC panels are lightweight, easily transported, and resistant to mechanical damage that’s why it is highly used in modular buildings as well. Increase in the number of construction projects in the developed or developing countries act as a driving factor for Glass Fiber Reinforced Concrete Market Size . Due to attribut...