Press release
Drywall & Building Plaster Market Sales to Top US$ 65 Bn by 2025
Drywall & Building Plaster Market 2022
The global drywall and building plasters market is expected to grow at a CAGR of 5.4% during the forecast period to reach a revenue of US$ 65 Bn by 2025. This growth can be attributed to the increasing demand for drywall and plaster products in the construction industry. In addition, the growing awareness about the benefits of using these products is also expected to boost the market growth in the coming years.
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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.
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
Drywall building plasters is a material made of gypsum, lime, and water. It is usually used to cover walls and ceilings. A drywall building plaster can be applied by hand or machine. When it is applied by machine, the plaster is called a drywall build-up compound.
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.
Key geographies evaluated in this report are:
• North America - U.S, Canada
• Europe - France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
• APAC - China, India, Japan, Australia, Others
• Latin America - Argentina, Brazil, Others
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Key Questions Answered in the Drywall & Building Plaster Market Report-
• How is the Drywall & Building Plaster market expected to grow over the projected period?
• What direction is the Drywall & Building Plaster market expected to take in terms of volume and value during the forecast period?
• What is the impact of macroeconomic factors on the Drywall & Building Plaster market in future?
• What are the key market drivers in the Drywall & Building Plaster market?
• What are significant opportunities and improvement areas for Drywall & Building Plaster manufacturers?
• What are the key developments and trends taking over the Drywall & Building Plaster market?
• Which are the emerging countries that are expected to create significant growth opportunities in the Drywall & Building Plaster market?
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Waterproofing Chemicals Market - https://www.persistencemarketresearch.com/market-research/waterproofing-chemicals-market.asp
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