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What are the different trends in Plasterboard Market to boost its growth? Saint Gobain, Jason Group, Etex Group, Gyprock, Global Mining Company, Knauf Dubai and Ahlstrom Corporation

06-27-2019 12:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Plasterboard Market

Plasterboard Market

Ceiling plasterboard market size should anticipate strong gains during the forecast timeframe due to its rapidly gained popularity in industrial application owing to its inherent characteristics like fire & shear resistance, time sensitivity, structural integrity and reduced weights. These products have high potential to replace conventional building materials like fiberboard, plywood and hardboard.

Pre-decorated plasterboard market size anticipates sturdy gains which can be attributed to its low maintenance cost and easy installation capacity. Installation saves cost and time while providing flexibility to workspace configuration, stability and color retention. Increasing demand for aesthetic finish in corporate offices, airports, hospitals, shopping malls and schools should propel product demand.

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Plasterboard Market size should witness significant gains over the forecast timeframe owing to the emergence of environment friendly construction techniques & materials. Growth in consumer income, employment and modern retailing industry along with increasing demand for new & refurnishing construction projects should factorize industry growth.

Plasterboard are extensively used in commercial and residential frame construction like internal wall board and ceiling lining. It is a thin unbending gypsum core board compressed between two thick sheets of recycled paper. These materials cut down noise transmission across walls & accumulates moisture from bathroom and kitchen depending on the additives used in the product.

Global construction spending should create growth opportunities for these products due to its positive application scope in construction sector. Low cost production, superior quality and ease of installation accompanied by development of advanced extrusion technology should drive plasterboard market size.

Reasons to Buy This Report:

1. Plasterboard Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Plasterboard Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

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Europe plasterboard market size led by Germany, Italy and France should grow significantly by 2024. Growing demand for constructing new corporate offices & expanding healthcare industry should drive regional product demand.

China plasterboard market size should witness strong gains during forecast timeframe because of their high domestic consumption in commercial construction sector. It is a major manufacturing country producing over 1.5 million metric tons of plasterboard annually which are widely utilized in ceilings and non-load bearing walls.

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Global plasterboard market share is highly fragmented with industry participants including Saint Gobain, Jason Group, Etex Group, Gyprock, Global Mining Company, Knauf Dubai and Ahlstrom Corporation. Companies are expected to adopt mergers & acquisition strategy with other players to expand their regional presence along with consolidating their position.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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