Dry Wall Market
is segmented on the basis of end-user as residential construction and
non-residential construction. Drywall is a panel formed by calcium sulfate
dehydrate. It can be made with or without additives and it is usually
pressed between a facer and a backer that are naturally thick sheets of
paper. It is also popularly known by different names like plasterboard,
wallboard, gypsum panel, sheet rock, as well as gypsum board. It is
extensively employed to form interior walls and ceilings. Initially what
actually is done is that the plaster is merged with fibre, plasticizer,
foaming agent, and diverse additives that can lessen mildew, raise fire
resistance, and cut down water absorption.
It has been observed that drywall construction has become quite common and rampant in North America as a speedier substitute to conventional lath and plaster. As far as the building plasters segment is concerned, it is likely to fail in gaining more share as compared to drywalls, the main reason responsible for this slow down is sluggish construction process and towering expenses on wet construction techniques.
Through continuous studies and data, it has been found that the demand for these drywalls mainly depends on the level of activity that is going in the sectors including residential, commercial and industrial real estate and construction. And it is said that all these sectors keep on going through significant turns in the global dry wall market.
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It has been anticipated that the Drywall industry is likely to gain a boost
from the upgrading in all major downstream markets encompassing
homebuilders, apartment and condominium construction, industrial building
construction, commercial building construction and apartment rentals. Among
the end users, the residential construction segment is currently accounting
for the faster growth due to augmented demand for housing in urban areas
across all regions. On the contrary, the Non-residential construction
activities are also rising at an above average rate in many developing
nations in the global dry wall market.
Global Dry Wall Market is segmented on the basis of geographical region as North America, South America, Europe and Asia Pacific. As far as the geography is concerned, North America is lately being recognized as the dominant region across the globe and it has been estimated that the region will witness the highest CAGR in the next couple of years, the reason being considerable rise in mending and upholding of residential building activities.
On the other hand, Asia Pacific is also emerging as one of the promising markets as the region is witnessing augmentation in the number of opportunities. Moreover, many west European nations are also likely to post rebounds in drywall demand because their housing markets are gradually recovering. The key players operating in the Global Dry Wall Market include Saint Gobain, Georgia-Pacific, Knuaf, USG, Boral, Yoshino, Red Hawk, Jason, Luofeier, Baier, and Guomin.
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