By 2025, Fiber Reinforced Concrete (FRC) demand is projected to reach $3.2 billion at a CAGR (Compound Annual Growth Rate) of 6.2%.
FRC is a re-engineered structural material that adds versatility and cost effectiveness to construction as its flexibility makes it incredibly effective in seismic prone areas as well as other varieties of terrains.
For more information about FRC’s growth in the NYC construction industry, take a look at this article from AP News.