Glass Reinforced Gypsum (GRG) Market size was valued at USD 1.1 Billion in 2024 and is forecasted to grow at a CAGR of 7.5% from 2026 to 2033, reaching USD 1.9 Billion by 2033.
In 2023, the global Glass Reinforced Gypsum (GRG) market was valued at approximately $1.2 billion, with projections indicating growth to $2.12 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.7% over the forecast period. The Asia Pacific region is anticipated to be the fastest growing market, with a projected CAGR of 6.5% from 2024 to 2032, driven by rapid urbanization and significant infrastructure development in countries such as China and India. Europe accounted for a 35.2% share of the GRG market in 2023, with countries like the United Kingdom, France, and Italy leading the adoption due to stringent building regulations emphasizing fire safety and energy efficiency. North America also represents a key market, with the United States and Canada experiencing increased demand for lightweight and durable construction materials, particularly in non residential applications such as offices, educational institutions, and hospitals.
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Saint-Gobain
Continental Building Products
USG Corporation
Knauf Danoline A/S
Georgia-Pacific
National Gypsum Company
Yingchuang Building Technique Co. Ltd.
FACT - RCF Building Products Ltd.
American Gypsum
Formglas Products Ltd
Gillespie
Shanghai Chuncui Decoration Material Co.
Ltd.
Stromberg Architectural
Rapidwall
Plasterceil Industries Pte Ltd
Chiyoda UTE Co.
Ltd.
Owens Corning
Horizons Industrial Development Co. L.L.C.
Intexforms
Inc
Fibrex
Gc Products
Inc
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Glass Reinforced Gypsum (GRG) Market
Standard GRG
Custom GRG
Precast GRG
Construction
Architecture
Interior Design
Theater and Stage Design
Ceiling Tiles
Wall Panels
Decorative Facades
Columns and Cornices
Hand Lay-Up
Spray-Up
Cast Molding
Extrusion
Direct Sales
Wholesale Distribution
Online Retailers
Specialty Stores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Glass Reinforced Gypsum (GRG) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Glass Reinforced Gypsum (GRG) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glass Reinforced Gypsum (GRG) Market, By Type
6. Global Glass Reinforced Gypsum (GRG) Market, By Application
7. Global Glass Reinforced Gypsum (GRG) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Glass Reinforced Gypsum (GRG) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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