Press release
Drywall & Building Plasters Market to reach a revenue of US$ 65.0 Bn by the end of 2025
Drywall & Building Plasters Market
๐๐๐ซ๐ฌ๐ข๐ฌ๐ญ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅย ๐๐ซ๐ฒ๐ฐ๐๐ฅ๐ฅ & ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฉ๐ฅ๐๐ฌ๐ญ๐๐ซ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญย ๐ฐ๐ข๐ฅ๐ฅ ๐๐ฑ๐ฉ๐๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ (๐๐๐๐-๐๐๐๐) ๐ญ๐จ ๐ซ๐๐๐๐ก ๐ ๐ฏ๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐$ ๐๐,๐๐๐.๐ ๐๐ง.
Lately, preference for drywall has increased to a significant level as compared with other construction materials such as cement concrete owing to its superior characteristics and ease of application, hence making it a suitable alternative. In 2016, global drywall & building plaster market stood at around US$ 40,624.6 Mn.
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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.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ-
โข ๐๐ง๐๐ฎ๐ ๐๐ข๐ฉ๐ฌ ๐๐
โข ๐๐จ๐ฆ๐ฉ๐๐ ๐ง๐ข๐ ๐๐ ๐๐๐ข๐ง๐ญ-๐๐จ๐๐๐ข๐ง ๐.๐.
โข ๐๐ญ๐๐ฑ ๐.๐.
โข ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง
โข ๐ ๐๐ซ๐ฆ๐๐๐๐ฅ๐ฅ
โข ๐๐ฒ๐ฉ๐ญ๐๐ ๐๐๐๐ซ๐ข๐๐
โข ๐๐๐จ๐ซ๐ ๐ข๐-๐๐๐๐ข๐๐ข๐
โข ๐๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ฒ๐ฉ๐ฌ๐ฎ๐ฆ ๐๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ข๐๐ฌ, ๐๐๐
โข ๐๐๐ ๐๐จ๐ซ๐๐ฅ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ
โข ๐๐๐๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ, ๐๐๐
โข ๐๐ฆ๐๐ซ๐ข๐๐๐ง ๐๐ฒ๐ฉ๐ฌ๐ฎ๐ฆ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐๐
โข ๐๐๐๐๐๐๐๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐/๐
โข ๐๐จ๐ง๐ญ๐ข๐ง๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ
โข ๐๐๐๐๐ซ๐ ๐๐๐จ๐ฅ๐๐ข๐ฆ
โข ๐๐ข๐ง๐ฌ๐ญ๐จ๐ง๐ ๐๐๐ฅ๐ฅ๐๐จ๐๐ซ๐๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐
โข ๐๐ก๐ข๐ง๐ ๐๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ข๐ฆ๐ข๐ญ๐๐
โข ๐๐ข๐ง๐ ๐ฌ๐ฉ๐๐ง ๐๐ซ๐จ๐ฎ๐ฉ ๐ฉ๐ฅ๐.
โข ๐๐จ๐ฌ๐ก๐ข๐ง๐จ ๐๐ฒ๐ฉ๐ฌ๐ฎ๐ฆ ๐๐จ., ๐๐ญ๐.
โข ๐๐ฎ๐ฉ๐ซ๐๐ฌ๐ฌ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ, ๐๐๐
โข ๐๐ข๐ฆ๐ ๐๐ซ๐๐๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ญ๐
โข ๐๐ญ๐ก๐๐ซ๐ฌ
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๐๐๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐:
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.
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ญ ๐ญ๐ก๐ ๐ ๐จ๐ซ๐๐๐ซ๐จ๐ง๐ญ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐ฒ๐ฐ๐๐ฅ๐ฅ & ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐ฅ๐๐ฌ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
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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๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ -
What is the Current Valuation of the Drywall Building Plasters Market?
What is the CAGR of the Drywall Building Plasters Market during the Forecast Period?
What is the Anticipated Size of the Drywall Building Plasters Market in 2032?
What Region is Most Lucrative for Drywall Building Plasters market?
Which Segment is the Highest Contributor in the Drywall Building Plasters market?
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ ๐ญ๐จ ๐๐๐๐ ๐๐จ๐ซ๐-
https://www.digitaljournal.com/pr/drywall-building-plaster-market-improvement-orientation-and-forecast-to-2025
https://www.digitaljournal.com/pr/drywall-and-building-plasters-market-to-reach-a-revenue-of-us-65-bn-at-a-cagr-of-5-4-during-2020-to-2025
https://www.openpr.com/news/2797047/drywall-building-plaster-market-sales-to-top-us-65-bn-by-2025
https://www.prnewswire.com/news-releases/global-drywall--building-plasters-market-to-reach-us-65-bn-by-2025---persistence-market-research-631273473.html
https://www.whatech.com/og/markets-research/construction/738311-drywall-building-plasters-market-leading-companies-analysis-revenue-trends-and-forecasts-2031
https://worldmarketresearch.pr.co/156815-drywall-amp-building-plasters-market-will-reach-us-65-004-8-mn-by-nbsp-2025
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