Rise in building and construction industries, limited and no recycling avalaibility of construction material, and various government initiative for eco-friendly environment acts as a major driving factor for the growth of plasterboard market. Residential application contributes highest to the market due to the rising per capita income of the individuals. Also, growing smart home concept contributes to the overall growth of the market. Moreover, various additives are added to develop Plasterboard with properties such as insulated, moisture resistant, sound insulations and others. The Global Plasterboard Market is expected to show a growth at CAGR of about 5.5% from 2016 to 2022.
The key drivers for the growth of the Plasterboard Market includes rising per capita income and rising trends of safe and sustainable construction. Plasterboard are easy to install and have characteristics like fire resistance, moisture resistance, and sound insulation which makes it popular in the construction & building activities. Developing countries China, India and Japan are the major contributor for the rising construction activity which in turn is expected to drive the market for plasterboard.
Asia-Pacific will be the Fastest Growing Market:
North America has dominated the plasterboard market. Asia-Pacific is expected to become fastest growing market for Plasterboard. Emerging countries like China and India has recently seen a significant growth in the plasterboard market due to the expansion of various international player across the region. In addition, rising economy and rapid growth in industrialization are also contributing for growth of plasterboard market in the region.
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Scope of the Report:
This study provides an overview of the Global Plasterboard Industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the Global Plasterboard Market based on type, edge-type, and application. On the basis of type it is segmented as insulated, damp proof, moisture resistant, sound insulation, fire resistant, and others. On the basis of edge type it is segmented as tapered, rounded, square-edge, others. On the basis of application it is segmented as residential and non-residential.
Key Points from Table of Contents:
10. Company Profile
10.1.1 Company Overview
10.1.2 Industry /Business Segment Overview
10.1.3 Financial Updates
10.1.4 Key Developments
10.2 Knauf Insulation
10.2.1 Company Overview
10.2.2 Industry /Business Segment Overview
10.2.3 Financial Updates
10.2.4 Key Developments
10.3 Bgc Plasterboard
10.3.1 Company Overview
10.3.2 Industry /Business Segment Overview
10.3.3 Financial Updates
10.3.4 Key Developments
10.4 Beijing New Building Material (Group) Co., Ltd.
10.4.1 Company Overview
10.4.2 Industry /Business Segment Overview
10.4.3 Financial Updates
10.4.4 Key Developments
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