The Market for the Global Dry Construction industry has seen an extensive upward surge since 2009. The global dry construction market is projected to reach USD 79.08 Billion by 2020, with a CAGR of 5.3% during the forecast period, (2015 to 2020).
Browse 196 market data tables and 65 figures spread through 213
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The
dry construction market is marked with intense competition due to the presence
of a large number of both big and small firms. The key players in the market
are Saint Gobain (France), Xella Group (Germany), Armstrong World Industries
(U.S.), Etex Group (Belgium), and Fletcher Building (New Zealand).
The
dry construction market has been growing in accordance with the construction
industry. With growing awareness about global warming and concerns about the
environment, people are opting for eco-friendly techniques of constructions,
which have had an impact on the market for dry construction products.
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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.
The Dry Construction Market is marked
with intense competition due to the presence of a large number of both big and
small firms. The key players in the market are Saint Gobain (France), Xella
Group (Germany), Armstrong World Industries (U.S.), Etex Group (Belgium), and
Fletcher Building (New Zealand).
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More Insights At https://www.prnewswire.com/news-releases/dry-construction-market-worth-7908-billion-by-2020-519463951.html
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