Market Overview

Global Glass Fiber Reinforced Gypsum Market 2018-2022 | Rise in the Global Construction and Infrastructure Development Activities to Boost Demand | Technavio

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Technavio
analysts forecast the global glass fiber reinforced gypsum market to
grow at a CAGR of over 7% during the forecast period, according
to their latest market research report.

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Technavio has published a new market research report on the global glass fiber reinforced gypsum mar ...

Technavio has published a new market research report on the global glass fiber reinforced gypsum market from 2018-2022. (Graphic: Business Wire)

The rising demand for panelized and modular constructions is one of the
major trends being witnessed in the global
glass fiber reinforced gypsum (GFRG) market 2018-2022
. The
increasing demand for residential and non-residential buildings has
increased the popularity of modular and panelized construction over the
last few years. In this type of construction, building parts are
manufactured at distant locations and are assembled together to form an
office or a residential building.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global glass fiber reinforced gypsum market is the
rise in the global construction and infrastructure development
activities:

Global glass fiber reinforced gypsum market:
Rise in the global construction and infrastructure development activities

Globally, there is an upsurge in construction activities, especially in
the developing countries such as India and China, which increases the
growth of the global construction industry during the forecast period.
For example, there are multiple projects which will increase the
residential and non-residential construction activities during the
forecast period.

According to a senior analyst at Technavio for research on glass and
ceramics, "In countries such as the US, residential construction
projects are expected to grow rapidly during the forecast period.
Residential housing projects registered growth between 2016-2017. This
was primarily due to the rise in demand for single and multi-family
houses, especially in urban areas. It is also estimated that the
contained demand of the recession period will also push the housing
market in the US during the forecast period."

Global glass fiber reinforced gypsum market:
Segmentation analysis

The global glass fiber reinforced gypsum market research report provides
market segmentation by end-user (non-residential and residential) and by
region (the Americas, EMEA, and APAC). It provides an in-depth analysis
of the prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

The non-residential segment held the largest market share in 2017,
accounting for nearly 58% of the market. This end-user segment is
expected to dominate the global market throughout the forecast period.

EMEA led the market in 2017 with a market share of nearly 36% of the
market share. The market share occupied by this region is anticipated to
increase during 2018-2022.

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Market Landscape

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  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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