July 08, 2020
According to the research report titled ‘Global Dry Construction Material Market: Analysis By Material, By Application, End Users, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) - By Region, By Country, available with Market Study Report LLC, global dry construction material market was valued at USD 71,281.11 million in the year 2018 and is expected to record a notable growth over 2019-2024.
The major factors for high demand of dry construction materials include product durability, performance and rising construction activities in developing and developed countries. Furthermore, improving per capita income and focus towards using light weight products are boosting the demand for construction materials like glass, wood and gypsum board.
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Global dry construction material market growth is credited to numerous construction and remodeling projects across residential and commercial sectors. Other factors like flourishing construction industry, escalating infrastructural development across the globe, increasing adoption of energy & resource efficient construction methods and changing preference towards sustainable building techniques are driving the growth of global dry construction material market.
Based on the material terrain, the market is classified into metal, wood, gypsum board, plastic, and others. With regards to the application spectrum, the market is divided into wall, ceiling, flooring, and others. As per end-user scope, the industry is bifurcated into residential and non-residential. With respect to the regional overview, dry construction material market is categorized into Europe, Asia Pacific, MEA, and Americas.
Key players in global dry construction material market are PABCO Gypsum, Etex Group, Fletcher Building Limited, Armstrong World Industries Inc., Knauf Gips KG, CSR Limited, Boral Limited, Kronospan, Saint Gobain, and Xella Group among others.