The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increasing focus on sustainable construction are expected to drive innovation in dry construction manufacturing, thus driving the market during the forecast period.

The global dry construction market is expected to grow from $71.21 billion in 2022 to $73.58 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The dry construction market size is expected to grow to $83.36 billion in 2027 at a CAGR of 3.2%.

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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 is the largest region in the global dry construction market in 2021.

Major Market Players in the dry construction market include Saint Gobain, Xella Group, Etex Group, Fletcher Building, USG Boral, CSR, Knauf, Panel Rey, Pabco Gypsum, Armstrong World Industries, Inc., Georgia Pacific.

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. For instance, in November 2020, the Central Public Works Department (CPWD), under the Ministry of Housing and Urban Affairs in India, adopted a non-polluting, dry construction and environment-friendly technology called LGSF (light gauge steel frame) to construct two major office blocks. The use of new construction materials and technologies is sustainable and environmentally friendly, as well as cost-effective and faster, which reduced construction time from 24 to 30 months.

The Dry Construction Global Market Report 2023  provides a dry construction market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dry construction market forecast analyzes dry construction market size, dry construction market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Dry construction refers to the use of lightweight materials, structures, and systems created on the principle of lightweight construction. Dry construction aims at reducing the use of water, reducing construction time, improving moisture resistance, enhancing fire safety, and reducing the impact of real estate on the environment.

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