The global Dry Construction Market
is projected to reach $79.08
Billion by 2020, with a CAGR of 5.3% during forecast period
that is 2015 to 2020. Browse 197
market data Tables and 66 Figures spread through 278 Pages and in-depth TOC on "Dry Construction Market"
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The market report defines and segments the global Dry Construction Market with analysis and forecasting of the global revenues for dry construction. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and revenues are forecasted on the basis of major regions, namely, such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The key countries are covered and their market sizes forecasted for each region.
The Dry Construction Market has shown a substantial growth due
to the resurgence of the construction industry after the economic slowdown from
2007 to 2009. The Dry Construction Market is mostly driven by the emergence of
lightweight construction technologies, which has benefits such as inexpensive
and fast installation at a construction site. In order to achieve
sustainability, green dry construction technology is the latest innovation in
the global Dry Construction Market.
After the economic slowdown, new constructions have come up in
large numbers. The Asia-Pacific region
accounted for around 33% of the total market share in terms of value, followed
by the North
America and Europe regions. However, as
the Dry Construction Market in developed countries is maturing, the markets in
developing countries such as India and China are
estimated to grow at a higher rate from 2015 to 2020 because of the new
constructions coming up in the next five years.Increasing disposable incomes in
developing countries, increasing industrialization, and changing preferences of
people towards sustainable building techniques will drive the growth of the Dry
Construction Market.
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The
key players in the market are the key players in the dry construction market
are Saint Gobain (France), Xella Group
(Germany), Armstrong World Industries (U.S.), Etex Group (Belgium), Fletcher
Building (New Zealand), USG Boral (Malaysia), CSR (Australia), Knauf (Germany),
Panel Rey (Mexico), and Pabco Gypsum (U.S).
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