Gypsum Concrete Market Size, Status, Global outlook 2020-2025 | Formglas Products Ltd, Hacker Industries, Inc., Janes Gypsum Floors Inc

The global gypsum concrete market is estimated to witness a healthy growth, at an estimated CAGR of around 8%, over the forecast period. Factors, such as superior characteristics of gypsum concrete, rising demand for sound reduction and lightweight materials, and growing demand for underfloor radiant heating systems, have been driving the growth of gypsum concrete market.

- Lack of awareness among consumers, with limited popularity of gypsum concrete in North American region stands to be a constraint in the studied market.

- North America stands to be the largest market for gypsum concrete, in terms of consumption. However, regions like Asia-Pacific and Europe are expected to register significant growth over the forecast period.

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The prominent players in the global Gypsum Concrete market are:

Accu-Crete, ACG Materials, ARDEX Group, Formglas Products Ltd, Hacker Industries, Inc., Janes Gypsum Floors Inc., MAPEI SpA, MAXXON, INC., USG Corporation, Warmboard

Report Coverage

Increasing Demand from Residential Construction

- In residential construction, sound transmission has become an important consideration, along with structural design due to increasing trend of high-rise housing towers, along with basement parking. Due to closely attached residential flats in high-rise housing towers, sound-proof and heat insulating material are widely suitable. Therefore, while gypsum concrete exhibits such required properties, it is widely suitable for use in residential construction.

- Residential construction has been witnessing strong growth in regions, like Asia-Pacific, North America and Europe which is expected to significantly contribute to the growth of gypsum concrete market.

- Asia-Pacific has been witnessing strong growth in the residential construction in countries such as India, China, Philippines, Vietnam, and Indonesia. In these countries, demand is majorly driven by the increased migration as a result of growing service industry, rising population, and rise in income levels.

- In Indonesia, the government planned to invest in construction sector about USD 450 billion by 2021, which is expected to provide boost to residential construction in the country.
- India is likely to witness an investment of around USD 1.3 trillion in housing over the next seven years, where the country is likely to witness the construction of 60 million new homes. The availability of affordable housing is expected to rise around 70% by 2024, in India. Besides, the Indian government's Housing for All by 2022 is also a major game changer for the industry.

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Competitive Landscape:

The market for gypsum concrete is partially consolidated in nature. The major players include Hacker Industries, Inc., USG Corporation, and MAXXON, INC., among others.

Furthermore, Global Gypsum Concrete Market following points are involved along with a detailed study of each point: –

─Manufacture Analysis — Generation of this Global Gypsum Concrete Industry is tested about applications, types, and regions with price analysis of players that are covered.

─Sales & Revenue Assessment — Revenue, sales are planned for this Gypsum Concrete market, including with various essentials along yet another facet is assessed in this section for foremost regions.

─Supply and Effectiveness — In continuation using earnings, this section studies consumption, and global Gypsum Concrete market. This area also sheds light on the variance between ingestion and distribution. Export and Gypsum Concrete significance data are provided in this part.

─Competitors — In this section, key players have been studied depending on product portfolio, their Gypsum Concrete market company profile, volume, price, price, and earnings.

─Investigations and Analysis — Gypsum Concrete market analysis aside from business, the information, and supply, contact information from manufacturers, consumers and providers can also be presented. Additionally, a feasibility study to asset and SWOT analysis for endeavors have been contained.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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