GFRG (Glass Fiber Reinforced Gypsum) Market Top key Players, Size, Share, Demand, Opportunities And Forecasts To 2025

Global GFRG (Glass Fiber Reinforced Gypsum) Market is valued to reach USD 3.54 Billion by 2023, growing at a CAGR of 6.02% over forecast period 2020-2026. Requirement of rapid techniques for timely delivery of construction projects, growing marine trade, coupled with demand for alternative cost-effective and sustainable construction materials are the driving factors of the market.

GFRG (Glass Fiber Reinforced Gypsum) composites are well known as rapidwall in the construction sector. The GFRG panels are ready-made gypsum panels with deep cavities and are made of calcinated gypsum plaster and glass fiber. The advantages offered by GFRG panels are rapid construction and cost-effectiveness. At present, the GFRG (Glass Fiber Reinforced Gypsum) panels used in building constructions endure more than 7 storey within low seismic zones and are lesser in height for high seismic zones.

The hollow cavities within the panels are used in concealing plumbing and electrical wiring. Rapidwall panel is a popular loadbearing lightweight panel that are manufactured in various sizes and thickness. The weight and density of individual panel varies depending on the dimension of cavity. For instance, rapidwall panel is used for intermediary floor slab that is in conjoint with RCC micro-beams and RCC concrete.

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