October 30, 2019
According to the latest study titled ‘Global Dry Construction Material Market: Analysis By Material (Metal, Wood, Gypsum Board, Plastic, Others), By Application (Wall, Ceiling, Flooring, Others), End Users (Residential, Non-Residential), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) - By Region (Americas, Europe, Asia Pacific, MEA), By Country (US, Canada, Mexico, Brazil, UK, Germany, France, Italy, China, Japan, India)’ available with Market Study Report LLC, the global dry construction material market is estimated to grow substantially by the year 2024.
Dry construction involves use of pre-fabricated materials to reduce water usage and fasten the process of construction. The materials are light weight and durable. These features, coupled with increasing number of construction and remodelling projects across nations will propel the growth of dry construction material market. Growing preference for sustainable building techniques, rising concern for water wastage, and adoption of energy-efficient construction method will further fuel the market growth.
As per the report, dry construction material market was worth US $71,281.11 million in 2018 and is anticipated to register lucrative growth opportunities over the forecast period. The study entails comprehensive analysis of market dynamics. Details pertaining to strategic recommendations, such as expansion of Asia Pacific region and development of energy efficient solutions, are mentioned.
Based on material type, dry construction material market is segmented into metal, wood, gypsum board, plastic, and others. While, on the basis of application scope, the industry is divided into ceiling, wall, flooring, and others. Speaking of end-user spectrum, the market is bifurcated into residential and non-residential.
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Considering the geographical landscape, the global dry construction material market is fragmented into regions including Europe, Americas, Asia Pacific, and rest of world, with key focus on countries, namely, China, India, Japan, France, Italy, United Kingdom, Germany, Brazil, Mexico, Canada, and United States.
The key players of dry construction material market are Saint Gobain, Etex Group, Armstrong World Industries Inc., Fletcher Building, Knauf, Xella Group, CSR Limited, Kronospan, Boral Limited, and Pabco Gypsum.
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