Press release
Drywall & Building Plasters Market to reach a revenue of US$ 65 Bn during (2017-2025)
Drywall & Building Plasters Market 2022Persistence Market Research in its latest report projects that the global drywall & building plasters market will expand at a CAGR of 5.4% during the forecast period (2017-2025) to reach a revenue of US$ 65 Bn.
The report titled "Drywall & Building Plaster Market Global Industry Trend Analysis 2012-2016 and Forecast, 2017-2025" projects that close to 14,202 million square meters of drywall is likely to be sold towards the end of 2025.
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Drywall & building plasters find widespread applications in new building constructions as well as in upgrade, maintenance and repair work of old residential & nonresidential structures. This, in turn, is anticipated to drive their sales in the years to come. Moreover, economic growth in certain countries is expected to fuel investments in residential & commercial infrastructure, which is expected to play a major role in boosting the market's growth. Growth in demand for drywall & building plasters is directly linked with proceedings in the construction industry.
Key Companies-
• Knauf Gips KG
• Compagnie de Saint-Gobain S.A.
• Etex S.A.
• USG Corporation
• Fermacell
• Gyptec Iberica
• Georgia-Pacific
• National Gypsum Properties, LLC
• USG Boral Building Products
• PABCO Building Products, LLC
• American Gypsum Company LLC
• ROCKWOOL International A/S
• Continental Building Products
• LafargeHolcim
• Winstone Wallboards Limited
• China National Building Material Company Limited
• Kingspan Group plc.
• Yoshino Gypsum Co., Ltd.
• Supress Products, LLC
• Lime Green Products Ltd
• Others
Complete Report Details@https://www.persistencemarketresearch.com/market-research/drywall-building-plasters-market.asp
Key Insights of the Report Include:
By product type, building plasters will continue to account for a higher value share of the market than drywall throughout the assessment period. On the other hand, drywall is expected to register a faster CAGR in terms of value. By 2017-end, the drywall segment is estimated to account for around 42.3% share of the overall market.
Application of drywall & building plaster in residential and hotels & restaurant construction is expected to remain robust in 2017 and beyond. These application segments are expected to account for a large percentage of the global market revenue.
Asia Pacific at the Forefront of Global Drywall & Building Plaster Market
The market in Asia Pacific is estimated to remain dominant over 2025, owing to several massive ongoing and upcoming construction projects in countries such as China and India. In addition, the region has been exhibiting a higher demand for drywall & building plasters than other regions, on account of its high growth rate & market size of the building construction market. Meanwhile, North America will continue to be the second largest market for drywall & building plaster over the forecast period. In Europe, factors such as increasing awareness about the product advantages and growing requirement of maintenance & repair activities are expected to fuel the demand for drywall & building plasters.
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Key Questions Answered in Drywall & Building Plasters Market Report -
• What will the Drywall & Building Plasters Market growth rate in Future?
• What are the key factors driving the global Drywall & Building Plasters Market?
• Who are the key manufacturers in Drywall & Building Plasters Market space?
• What are the opportunities and threats faced by the vendors in the global Drywall & Building Plasters industry?
• What are sales, revenue, and price analysis by regions of Drywall & Building Plasters industry?
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