Asia Pacific Glass Fiber Reinforced Gypsum Market Size & Outlook
The glass fiber reinforced gypsum market in Asia Pacific is expected to reach a projected revenue of US$ 1,645.0 million by 2030. A compound annual growth rate of 7.3% is expected of Asia Pacific glass fiber reinforced gypsum market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,004.1
Forecast, 2030 (US$M)
$1,645.0
CAGR, 2024 - 2030
7.3%
Report Coverage
Asia Pacific
Asia Pacific glass fiber reinforced gypsum market, 2018-2030 (US$M)
Asia Pacific glass fiber reinforced gypsum market highlights
- The Asia Pacific glass fiber reinforced gypsum market generated a revenue of USD 1,004.1 million in 2023.
- The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, type x was the largest revenue generating product in 2023.
- Type X is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,004.1 million |
| Market revenue in 2030 | USD 1,645.0 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Type x |
| Fastest growing segment | Type X |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Type X |
| Key market players worldwide | UltraTech Cement Ltd DR, Formglas, Clark Pacific, Willis Construction, Fibrex, Stromberg Architectural, Generale Prefabbricati |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.6% of the global glass fiber reinforced gypsum market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,645.0 million by 2030.
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Glass Fiber Reinforced Gypsum Market Scope
Glass fiber reinforced gypsum market segmentation & scope
Application
Interior
Wall
Ceiling & Floor
Column & Light Cover
Exterior
Cladding
Glass Fiber Reinforced Gypsum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific glass fiber reinforced gypsum market
Related regional statistics
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