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    Dry Construction Market | Covid-19 Impact Analysis

    Dry Construction Market | Covid-19 Impact Analysis

    Dry Construction Market | Covid-19 Impact Analysis
    Report code - SRCE153 Delivery - 2 Weeks
    Dry Construction Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Dry Construction Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Dry Construction Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Dry Construction Market Insights

    Dry Construction Market is likely to witness an impressive CAGR of 5.3% during the forecast period. The major factors underpinning the growth of the dry construction market are mainly the increasing population, higher GDP rate and increasing purchasing power in developing economies.

    Dry Construction Market - Snapshot

    Growth

    5.3% for the next five years

    Major Type

    Supporting Framework

    Leading Material Type

    Plasterboard

    Dominant System Type

    Ceiling System

    Major Application Type

    Residential

    Region with the highest demand

    Asia-Pacific

    Key Players

    Saint-Gobain S.A., Xella Group, Armstrong World Industries, Inc., Etex Group, Fletcher Building Limited, Boral Limited, CSR Limited, Knauf Gips KG, Panel Rey, and Pabco Gypsum.

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    Market Share Analysis

    Dry Construction Market Share: By Type

    Based on the type, the market is segmented as supporting framework and boarding. The supporting framework segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. They offer a wide range of advantageous properties such as fire protection, sound installation, and stability, which is driving the growth of the segment.

    Dry Construction Market Share: By Material Type

    Based on the material type, the dry construction market is segmented as plasterboard, wood, metal, plastic, and others. The plasterboard segment dominates the market, owing to the increasing demand for plasterboard in construction applications. Further, they can be installed easily and aid in speeding up the construction process.

    Dry Construction Market Share: By System Type

    Based on the system type, the dry construction market is segmented as ceiling system, wall system, flooring system, and others. The ceiling system segment dominates the market, owing to its favorable properties such as water resistance, aesthetic appeal, and ease of installation.

    Dry Construction Market Share: By Application Type

    Based on the application type, the dry construction market is segmented as residential and non-residential. The residential segment dominates the market, its growth can be attributed to the surge in construction projects due to increasing population, majorly in emerging countries.

    Dry Construction Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well the as fastest-growing dry construction market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is driven by factors such as rapid industrialization, urbanization, increasing population, income and rising spending power of the people, new construction projects, and fast implementation of construction sites in the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period. Extensive building renovation and refurbishment activities being carried out in countries such as the USA, Canada, and Mexico, are fueling the demand for dry construction.

    Some of the major players in the dry construction market are- 

    • Saint-Gobain S.A.
    • Xella Group
    • Armstrong World Industries, Inc.
    • Etex Group
    • Fletcher Building Limited
    • Boral Limited
    • CSR Limited
    • Knauf Gips KG
    • Panel Rey
    • Pabco Gypsum

     

    Market Scope & Segmentation

    Dry construction is a specialized method which uses industrially prefabricated construction systems for interior construction. It consists of two basic construction elements - lining and load bearing construction which are put together to form functional, static, and aesthetic unit. The basic material used in the dry-assembly works is gypsum. Instead of concrete and bricks, plywood and gypsum boards are used in dry constructions. They offer numerous advantages such as moisture resistance, reduction in construction time, fire safety, better thermal and sound insulation, ease of installation, and freedom of design. In order to build windows, walls, ceilings, and other systems, boards or panels are installed on metal surfaces. Dry construction is extensively used in various applications such residential, commercial, and infrastructure construction.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Dry Construction Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

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    The dry construction market is segmented into the following categories. 

    Dry Construction Market Size, Share, & Forecast, by Type:

    • Supporting Framework (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Boarding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Dry Construction Market Size, Share, & Forecast, by Material Type:

    • Plasterboard (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wood (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Dry Construction Market Size, Share, & Forecast, by System Type:

    • Ceiling System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wall System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Flooring System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Dry Construction Market Size, Share, & Forecast, by Application Type:

    • Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Dry Construction Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Dry Construction Market in the foreseeable future?

    The dry construction market is expected to witness an impressive growth of 5.3% CAGR in the foreseeable future.

    Who are the key players in the Dry Construction Market?

    Saint-Gobain S.A., Xella Group, Armstrong World Industries, Inc., Etex Group, Fletcher Building Limited, Boral Limited, CSR Limited, Knauf Gips KG, Panel Rey, and Pabco Gypsum are among the key players in the dry construction market.

    Which country/region is expected to remain the largest Dry Construction Market?

    Asia-Pacific is expected to be the largest market for dry constructions during the next five years.

    Which material type dominates the Dry Construction Market?

    The plasterboard segment dominates the dry construction market.

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