Global Glass Fiber Reinforced Concrete Market: Key Highlights
Global Glass Fiber Reinforced Concrete Market: Key Market Dynamics
Global Glass Fiber Reinforced Concrete Market: Regional Overview
Asia-Pacific GRFC market is growing on the grounds of rising population in the countries such as China and India. Rise in disposable income, increasing industrialization, ongoing urbanization with shifting preference towards nuclear families is a contributing factor towards the construction sector in Asia-Pacific. China’s construction sector is expected to grow owing to increasing industrial & large scale infrastructure construction activities along with favorable government support, is fueling the growth of construction sector.
In North America, the construction sector is experiencing growth mainly due to rise in construction activities in US and Canada. Construction is the one among the prominent sector driving the US economy despite of labor shortage. Rise in construction of private and public housing in US along with favorable governmental support by increasing investments in government infrastructure, renewable energy generation infrastructure, and commercial projects is boosting the construction sector across the countries. Increasing efforts to construct new residential and commercial building owing to ongoing urbanization in Canada, is pushing the construction growth higher. Due to the growth of overall construction sector, the GFRC market is expected to boom in the years to follow.
Global Glass Fiber Reinforced Concrete Market: Key Players Overview
Linder Group is the engineering and construction company with its global headquarters at Germany. The company manufactures premium grade GRFC through production by spray method. The company offers GFRC under the name: LinCrete used across the recreation and culture, public areas, transport, public institutions, hotels and gastronomy.
Willis Construction Co. Inc. is the US based company that engages through manufacturing and installing Architectural Precast Concrete, GRFC, thinshell, structural precast components. The company offers GRFC reinforced with alkali resistant glass fibers and can be modulated in the ornate shapes for the decorative building. The company provides precast for range of application areas including commercial office, residential housing, parking, hospital care, sports stadiums.
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