Global Dry Construction Market Size, Forecasts, And Opportunities – Including Dry Construction Market Overview
Learn about the global dry construction market through The Business Research Company, which provides information on dry construction market size, dry construction market drivers and restraints, dry construction market players, the COVID-19 impact on the dry construction market, and more.
The global dry construction market size is expected to grow from $69.78 billion in 2021 to $73.16 billion in 2022 at a compound annual growth rate (CAGR) of 4.83%. The growth in the market is mainly due to the companies’ rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global dry construction market size is expected to reach $89.54 billion in 2026 at a CAGR of 5.18%.
The increasing focus on sustainable construction is expected to propel the growth of the dry construction market.
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The dry construction market consists of sales of dry construction systems by entities (organizations, sole traders, and partnerships) that refer to the use of lightweight materials, structures, and systems created on the principle of lightweight construction. Dry construction aims at reducing the usage of water, reducing construction time, improving moisture resistance, enhancing fire safety and reducing the impact of real estate on the environment.
Global Dry Construction Market Segments Include:
By Type: Supporting Framework, Boarding
By Material: Plasterboard, Wood, Metal, Plastic
By System: Ceiling System, Wall System, Flooring System
By Application: Residential, Non-Residential
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the dry construction market in 2021.
Technological advancement is a key trend gaining popularity in the dry construction market. Major stakeholders operating in the dry construction sector are focused on developing new technological solutions to strengthen their position.
Major Market Players: Saint Gobain, Xella Group, Etex Grop, Fletcher Building, USG Boral, CSR, Knauf, Panel Rey, Pabco Gypsum, Armstrong World Industries, Inc., Georgia Pacific, Beijing New Building Materials, 3G Drywall, New Orleans Glass Company and CANO ROOFING
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Dry Construction Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides dry construction market overviews, analyzes and forecasts market size, share, dry construction market players, dry construction market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s dry construction market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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