Gypsum Concrete Market is expected to grow at a CAGR of ~8.21%

Reports And Markets Publish a New Market Research Report On –"Gypsum Concrete Market - Segmented by Product Type, By End-User Industry, and Geography - Trends and Forecasts (2017 - 2022)"

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The Global Gypsum Concrete market is estimated to be valued at USD XX.XX million in 2015, and it is expected to grow at a CAGR of ~8.00% to reach USD XX.XX million by 2020. Gypsum Concrete, a type of construction material, is a mixture of gypsum plaster, Portland cement, and sand.

It is primarily used as a floor underlayment in commercial and residential buildings in North America for wood-frame and concrete construction. Although, the aforementioned concrete provides the builders and residents with major advantages, including excellent fire ratings, self-levelling, high-strength, and quick-drying; however, its usage is still majorly limited to North American countries, especially the US.

Gypsum concrete, owing to its light-weight, sound-attenuating, superior abrasion-resistant, and environment-friendly characteristics, is a popular choice among the architects and builders as a floor underlayment in the construction industry. In the global gypsum concrete market, we have considered the following major subfloor types: Concrete, Wood, Corrugated Steel Deck, Radiant Heating, and others.

The concrete and wood subfloor segments have both been further sub-segmented into new and renovation types. In the report, the market has also been segmented according to the type of buildings into Residential Buildings and Commercial Buildings. The residential building segment is estimated to account for the largest revenue share in 2015.

This market is driven by a number of factors, such as gypsum concretes superior characteristics, the growing demand for underfloor radiant heating systems, and the growing popularity of sound attenuation in lightweight structures. However, this market faces certain drawbacks, primarily the slow recovery of North American construction industry and the dearth of demand and awareness regarding gypsum concrete outside North America, which may act as roadblocks to the growth of the market.

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The market has also been geographically segmented on the basis of consumption into current markets and potential markets. Analysis of the current market includes the U.S., Canada, and the rest of North America.

The US is the current leader in the world for gypsum concrete, is expected to grow at a CAGR of ~8.21% during the forecast period. The potential market analysis includes the ASEAN countries, Australia, China, France, Germany, India, Japan, Middle East, Spain, Japan, Middle East, Spain, United Kingdom, and the Rest of the World.

The growing emphasis on environment-friendly construction (LEED ratings), market penetration in the developing regions, and the demand from the North American repair and rehabilitation market, are expected to offer major growth opportunities for the players in the global gypsum concrete market. The market is primarily dominated by three US-based companies; Hacker Industries Inc., USG Corporation, and Maxxon Corporation.

Key Deliverables in the Study

Market analysis for the Global Gypsum Concrete Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Gypsum Concrete market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

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