Global Dry Construction Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Dry Construction Market Overview
“The global Dry Construction market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global dry construction market report has been segmented on the basis of type, material, system, application, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Dry construction refers to the specialized method that is used for interior construction by using dry materials such as gypsum board, wallboard in construction, and plywood instead of bricks, concrete, or plaster.
This type of construction offers numerous advantages such as ease of installation, reduction in construction time, better thermal and sound insulation, moisture resistance, and fire safety over wet construction practices.
Dry construction uses boards or panels which are installed on the metal structures to build walls ceilings, windows, and other systems. It is extensively used in different applications like residential, commercial, and infrastructure construction.
Increasing FDI in construction and supportive government regulations and policies regarding construction are some of the factors favoring the target market growth across the world. Benefits of dry construction include cost-effective, speedy onsite installation, quality products, lightweight nature to transport/relocate, etc. which are pushing the market towards growth.
Recent trend shows that people are opting for sustainable & lightweight construction practices. The governments of several developed nations also support dry construction practices and have incorporated certain regulations regarding construction materials.
However, waste generated through dry construction materials and its high cost is the major restraining factor in the global dry construction market.
On the basis of region, the Asia Pacific dry construction market is projected to grow over the forecast period. Increasing FDI inflows in construction, rapid industrialization, increasing disposable income, and rising spending power of the people have led to increased construction projects.
Moreover, rising industrialization and the necessity for time-saving construction methods have broadened the scope of dry construction. In addition, the preference for quality products at low prices as compared to wet construction materials is expected to boost the dry construction market.
Furthermore, the market is cherishing the growth of the construction changes in countries such as China, Japan, Australia, India, Korea, Thailand, and Malaysia.
China's market has contributed to the largest market share owing to new constructional projects and high population which enhanced the global dry construction market positively.
Countries such as the US, Canada, and Mexico are witnessing extensive building renovation and refurbishment activities, which is boosting demand for dry construction.
These countries also give importance to the "do-it-yourself" application process, which allows the end-user to install the dry construction himself if given proper information and training.
Global Dry Construction Market Segmentation:
Segmentation by type:
- Supporting framework
Segmentation by Material:
- Plaster wood
Segmentation by System:
- Door systems
Segmentation by Application:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Panel Rey
- Etex Group
- Saint Gobain
- Pabco Gypsum
- Armstrong World Industries
- Knauf, CSR Ltd.
- Xella Group
- Fletcher Building
- USG Boral
- Georgia-Pacific Wood Products
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