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Digital Marketing Executive at Next Move Strategy Consulting

In a comprehensive analysis by Next Move Strategy Consulting, the GFRC market is projected to witness robust growth in the coming years reaching $226 million, with a CAGR of 3.6% that reflects the industry's dynamic nature, signifying a remarkable increase from 2024-2030. The increasing focus on green construction methods has further propelled the adoption of GFRC. As a low-carbon and energy-efficient alternative, GFRC aligns with global initiatives to reduce the carbon footprint of construction activities. Additionally, the aesthetic versatility of GFRC has made it a favorite among architects and designers. The material can be molded into intricate shapes and patterns, providing a wide range of design possibilities. This flexibility, combined with its durability, positions GFRC as a premium choice for both functional and decorative elements in construction. North America accounts for a significant share of the overall demand. The region's rapid urbanization and increased investment in infrastructure development are key drivers of this trend. Other regions, such as Asia-Pacific and Latin America, are also witnessing a surge in GFRC adoption. Leading companies such as Willis Construction Co., Inc., Fibrex Construction Group, Formglas Products Ltd., Clark Pacific, UltraTech Cement, Loveld, Low & Bonar, etc., are at the forefront of driving technological advancements and setting industry standards. #gfrc #advancedmaterials #materialsscience #chemicalinnovation #globalmarket #globaltrends #businessinsights #pressrelease #marketresearch

Strength, Durability, and Style: Glass Fiber Reinforced Concrete (GFRC) Market Set to Reach $226 Million by 2030

Strength, Durability, and Style: Glass Fiber Reinforced Concrete (GFRC) Market Set to Reach $226 Million by 2030

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