Glass Fiber Reinforced Concrete Market to Grow at a CAGR of 11.8% from 2023 to 2030
The Glass Fiber Reinforced Concrete (GFRC) market has been experiencing a significant growth trajectory in recent years. This growth is driven by several factors, including the increasing demand for durable and lightweight construction materials. GFRC offers enhanced tensile strength and durability compared to traditional concrete, making it an ideal choice for a wide range of architectural and structural applications. Additionally, its flexibility in design and ease of installation have further fueled its adoption in the construction industry. As urbanization continues to rise and infrastructure projects expand globally, the demand for GFRC is expected to see a consistent increase.
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