Global 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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