Dry Construction Material Market:
According to a new report, the global dry construction market is likely to witness steep growth in the next few years. Dry construction is basically a specialized method used for the interior construction by making use of industrially prefabricated construction systems. Since dry construction is of good quality, fast and results in safer construction for the interior and exterior designs, thus it is being preferred in both residential and commercial constructions.
Some of the key factors that drive the market size include product performance, durability and growing adoption of dry construction in both developed and developing economies. Moreover, increase in per capita income and rising concern for using light weight products will further boost the demand of gypsum board, glass and wood. Also, surge in residential and commercial construction activities across the world will further fuel the market size of dry construction in the coming years.
Besides some other factors that result in the growth of the market include growing adoption of energy & resource efficient construction methods, rising global construction & infrastructure development activities and changing customers’ preferences towards using sustainable building techniques are some other reasons expected to influence the dry construction market size greatly in the coming years. However, some of the restraining factors are also studied in the report.
Company Analysis – Etex Group, Saint Gobain, Armstrong World Industries Inc., Xella Group, Knauf, Fletcher Building, CSR Limited, Pabco Gypsum, Boral Limited, Kronospan
The global market for dry construction has been segregated into type and application. Based on the type, the market has been segmented into Metal, Wood, Gypsum Board, Plastics among others. Plywood and gypsum board are used in dry constructions more as compared to concrete and bricks as they offer many advantages including moisture resistance, reduction in construction time, fire safety, better thermal and sound insulation and most importantly come with easier installation as well. Based on the application, the market has been segmented into Wall, Ceiling, Flooring and others.
Detailed Regional Analysis
The global market of the global dry construction has been analysed across United States, Europe, India, Japan, China, Southeast Asia and Middle East & Africa (MEA). Asia Pacific region holds a significant position in the global dry construction market which is mainly due rapid industrialization, urbanization, increasing population and increasing spending power of the people. Also, new construction projects and fast implementation of construction sites will fuel the growth of the dry construction market in the coming years. China contributed for the largest market share owing to new constructional projects and growing population in the region influence the global dry construction market. North America and European markets is also showing similar trends and will continue to grow in the coming years as well.
The growing demand of dry construction across the world has resulted in a healthy competition among the key players and in order to cater to the demand and to increase their presence in other key regions, the leading companies are expected to enter into new kinds of deals including mergers & acquisitions and joint ventures in the future.
For further information on this report, visit – https://www.wiseguyreports.com/reports/4313478-global-dry-construction-material-market-analysis-by-material
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