Dry Construction Industry Outlook 2025-2029: Market Set to Cross $87.76 Billion Milestone

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How Large Will the Dry Construction Market Size By 2025?
Over the past few years, the size of the dry construction market has seen consistent growth. By 2025, market size is projected to increase from $74.36 billion in 2024 to $76.39 billion, with a compound annual growth rate (CAGR) of 2.7%. The escalation in the historic period is credited to a variety of factors. These include construction and infrastructure developments, building refurbishments and maintenance, an increased demand for eco-friendly building and sustainability, intensified regulatory compliances, alongside urbanization and population expansion.

How Big Is the Dry Construction Market Size Expected to Grow by 2029?
The expectation is that the dry construction market's size will consistently expand in the coming years, reaching $87.76 billion by 2029, with a compound annual growth rate (CAGR) of 3.5%. The predicted growth during this period is due to the rise of digital construction workflows, the adoption of circular economy strategies, advancements in construction safety standards, emerging market expansion, and increased adaptation to evolving climate circumstances. Key trends for the forecast period encompass prefabrication and modular construction, sustainable materials with an eco-friendly emphasis, inventive wall and ceiling finishes, state-of-the-art acoustic solutions, and the utilization of digital design and BIM (Building Information Modeling) software.

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Which Key Market Drivers Powering Dry Construction Market Expansion and Growth?
The anticipated growth of the dry construction market is linked to the rising emphasis on sustainable construction. Governments worldwide are aiming to make cities more sustainable and habitable. Dry construction methods, often used in sustainable construction, promote reduced energy usage, rainwater recycling, and cooling of housing and development board (HDB) towns. For example, the US Census Bureau announced in July 2024 that from May 2023 to May 2024, construction operation values rose from $2.01 trillion to $2.14 trillion. Hence, the heightened focus on sustainable construction is a key driver for the dry construction market's future growth.

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Which Fast-Growing Trends Are Poised to Disrupt the Dry Construction Market?
The surge in technological innovation is a prominent trend emerging in the dry construction market. Mainstream companies in this sector are working towards the development of innovative technological solutions to solidify their market standing. For instance, in January 2022, Trimble, a U.S. utilities firm that aids global sectors in the realm of architecture and construction, unveiled the industry's pioneering Horizontal Steering Control for Soil Compactors. This initiative marks a significant stride towards heightened automation within the realms of construction. This automatic steering control solution is adaptable to all types of soil compactor brands and models, offering contractors with diverse fleets an accelerated return on investment. The Trimble Earthworks' Horizontal Steering Control steers a soil compactor automatically using a compaction pass line, enhancing compaction output and quality for operators of varying skill set by meticulously managing the overlap amid passes. This results in superior quality surfaces and uniform compaction, simultaneously mitigating operator fatigue. This novel technology finds its applications in numerous construction techniques, including dry construction.

What Are the Emerging Segments in the Dry Construction Market?
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

Subsegments:
1) By Supporting Framework: Metal Studs and Tracks, Wooden Studs, Steel Frames, Pre-engineered Frames
2) By Boarding: Gypsum Boards (Drywall), Cement Boards, Plywood and Particle Boards, Insulated Boards, Acoustic Boards

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Who Are the Global Leaders in the Dry Construction Market?
Major companies operating in the dry construction market include Saint Gobain SA, Etex Group Ltd., Fletcher Building Limited, USG Boral Pvt. Ltd., 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, 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, Paneltech Systems Ltd., Pennar Industries Limited, Rondo Building Services Pty Ltd., Siniat Ltd., 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

Which are the Top Profitable Regional Markets for the Dry Construction Industry?
Asia-Pacific was the largest region in the dry construction market in 2024. North America is expected to be the fastest-growing region in the dry construction market during the forecast period. The regions covered in the dry construction market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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