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Dry Construction Market Report 2024-2033: Global Outlook, Growing Demand, Rising Trends And Major Players

08-05-2024 01:09 PM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Dry Construction Market

Dry Construction Market

"The new report published by The Business Research Company, titled ""Dry Construction Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the dry construction market size has grown steadily in recent years. It will grow from $72.78 billion in 2023 to $75.01 billion in 2024 at a compound annual growth rate (CAGR) of 3.1%. The dry construction market size is expected to see steady growth in the next few years. It will grow to $84.67 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%.

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Growing Emphasis On Sustainable Construction
The increasing focus on sustainable construction is expected to propel the growth of the dry construction market going forward. Governments across the world are focusing on making towns more sustainable and livable. Dry construction techniques are mostly used in sustainable construction to reduce energy consumption, recycle rainwater, and cool housing and development board (HDB) towns. For instance, in 2021, according to the annual ranking report from the US Green Building Council (USGBC), a US-based organization that promotes sustainability in building design, construction, and operation, China ranked first with 1,077 certified leadership in energy and environmental design (LEED) projects that reduced carbon emissions, followed by Canada with 205 LEED projects and India with 146 LEED projects. It has now become essential for commercial construction companies to give priority to sustainable design and construction techniques to utilize our planet's finite resources in a sensible way. Therefore, the increasing focus on sustainable construction drives the growth of the dry construction market during forecast period.

Introduction Of Technologically Advanced Products
Technological advancement is a key trend gaining popularity in the dry construction market. Major companies operating in the dry construction sector are focused on developing new technological solutions to strengthen their market position. For instance, in January 2022, Trimble, a US-based utilities company that supports global industries in building & construction, introduced the industry's first Horizontal Steering Control for Soil Compactors, a step towards increased automation in the construction industry. This automatic steering control solution is compatible with all soil compactor makes and models, enabling contractors with mixed fleets to achieve a faster return on investment. Trimble Earthwork's Horizontal Steering Control automatically steers a soil compactor using a compaction pass line, improving compaction productivity and quality for operators of all skill levels by precisely controlling overlap between passes. This helps achieve higher quality surfaces and consistent compaction while reducing operator fatigue. This new technology can be used in various types of construction techniques, including dry construction.

The dry construction market covered in this report is segmented -

1) By Type: Supporting Framework, Boarding
2) By Material: Plasterboard, Wood, Metal, Plastic
3) By System: Ceiling System, Wall System, Flooring System
4) By Application: Residential, Non Residential

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Major companies operating in the dry construction market include Saint Gobain SA, Haniel Bau-Industrie, Etex Group Ltd., Fletcher Building Limited, USG Boral Pvt. Ltd., Corporate Social Responsibility, Knauf AG, Panel Rey SA, PABCO Building Products LLC, Armstrong World Industries Inc., Georgia pacisific LLC, Beijing New Building Materials Public Limited, 3G Drywall LLC, New Orleans Glass Company, Cano Estructuras, Knauf Gips KG, USG Corporation, Boral Limited, National Gypsum Company, Compagnie de Saint-Gobain S.A., James Hardie Industries plc, Continental Building Products Inc., CertainTeed Corporation, LafargeHolcim Ltd., Owens Corning, PABCO Building Products LLC, Paneltech Systems Ltd., Pennar Industries Limited, Rondo Building Services Pty Ltd., Siniat Ltd., Superglass Holdings plc, Telling Industries LLC, The QUIKRETE Companies, Tremco Incorporated, VANS Gypsum Pvt. Ltd., Winstone Wallboards Limited, Zhejiang Yulong Building Materials Co. Ltd., China National Building Material Company Limited, Etex Building Performance NV, Guangdong Meiyan Jixiang Hydropower Co. Ltd.

Contents of the report:
1. Executive Summary
2. Dry Construction Market Report Structure
3. Dry Construction Market Trends And Strategies
4. Dry Construction Market - Macro Economic Scenario
5. Dry Construction Market Size And Growth
…..
27. Dry Construction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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