Press release
Dry Construction Market is projected to reach USD 123.96 billion by 2029, with a steady growth rate of 5.1% during the forecast period of 2022 to 2029
Dry Construction Market
Dry construction is a specialized technique that reduces water usage and environmental impact. It is lighter in weight compared to traditional cement and brickwork, resulting in faster construction and increased carpet area in buildings. The market for dry construction has witnessed substantial growth due to the recovery of the construction industry, preference for low-weight construction, and increased focus on sustainable building techniques.
The report identifies key drivers of the global dry construction market, including rapid population growth, increased investment in the construction industry, and growing industrialization. Regulatory organizations promoting eco-friendly technologies, rising foreign direct investment (FDI) in construction, and a shift towards sustainable building techniques also contribute to market growth.
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What are Dry Construction Market Dynamics?
Despite the positive growth prospects, the market faces challenges such as the high cost of raw materials, waste generation, and government regulations hindering new entrants. However, the demand for dry construction techniques, the replacement of floors, and the increasing awareness of recycled materials present opportunities for key players in the market.
Based on material, the plasterboard segment dominated the dry construction market in 2021 and is projected to generate significant revenue by 2029, with a compound annual growth rate (CAGR) of 5%. Plasterboard offers advantages such as moisture resistance, reduced construction time, fire safety, and ease of installation, driving its demand in residential and non-residential construction.
Dry Construction Market Regional Insights:
Geographically, North America held a prominent market share in 2021, attributed to major market players and building renovation activities. The Asia-Pacific region is expected to command a substantial market share during the forecast period, driven by increasing disposable incomes, industrialization, and changing consumer behavior towards sustainable building techniques. Notable growth is observed in countries like China and India, with their smart city projects and high demand for plasterboard.
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What is Dry Construction Market Segmentation?
by Type
• Supporting Framework
• Boarding
by Material
• Plasterboard
• Wood
• Metal
• Plastic
• Glass
• Carpet
• Others
by System
• Partition
• Ceiling System
• Wall System
• Flooring System
• Door systems
• Others
by Application
• Residential Application
• Non-Residential Application
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Dry Construction Market Key Players:
• Armstrong World Industries, Inc.
• Etex Group
• Fletcher Building Limited
• Saint Gobain
• Xella Group
• CSR Limited
• Knauf Gips KG
• Pabco Gypsum
• Panel Rey
• USG Boral Limited
• Beijing New Building Materials
• Promax Group Inc.
• Masterplast Plc.
• Arcelor Mittal
• Winstone Wallboards Limited
• Georgia-Pacific LLC
• China Baowu Steel Group Corp., Ltd.
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Table of content for the Dry Construction Market includes:
1. Global Dry Construction Market: Research Methodology
2. Global Dry Construction Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Dry Construction Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Dry Construction Market Segmentation
• Global Market, by Type (2021-2029)
• Global Market, by Material (2021-2029)
• Global Market, by System (2021-2029)
• Global Market, by Application (2021-2029)
5. Regional Dry Construction Market (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Material (2021-2029)
• Regional Market, by System (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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