Dry construction materials are non-structural, inorganic materials that are used in the construction of a building. They include items such as insulation, acoustic materials, fire-resistant materials, sealants, adhesives, and air and vapour barriers. These materials are important to ensure the structural integrity of a building or for its aesthetic qualities.
Dry construction materials are used to form a strong barrier between the building’s interior and exterior, helping to regulate temperature and sound levels. These materials are also used to provide a stable and consistent surface for building components like studs, beams, and walls. Dry construction materials also fill the gaps in buildings to make them waterproof, fire resistant, and airtight.
Dry construction materials are widely used in the construction of residential and commercial buildings, as well as infrastructure projects. Global demand for dry construction materials is expected to grow steadily in the coming years owing to the increasing need for energy-efficient and resilient building structures.The rising demand for new construction in developing countries and the growing awareness of the importance of using energy-efficient materials in construction are factors driving the market. Additionally, the increasing demand for building insulation, fire retardants, and sound-proofing materials are driving the dry construction materials market.
However, the availability of alternative materials and rising prices of raw materials are some factors that may restrain the growth of the dry construction materials market.
The global Dry Construction Material market was valued at US$ 94760 million in 2022 and is anticipated to reach US$ 132980 million by 2029, witnessing a CAGR of 4.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Dry Construction Material Market available at: https://www.themarketreports.com/report/global-dry-construction-material-market-research-report
This report aims to provide a comprehensive presentation of the global market for Dry Construction Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dry Construction Material.
Global Dry Construction Material key players include Knauf, Saint Gobain, BaoWu, USG, ArcelorMittal, etc. Global top five manufacturers hold a share about 15%. China is the largest market, with a share about 30%, followed by Europe and North America, both with a share about 20 percent. In terms of product, Gypsum Board is the largest segment, with a share about 60%. And in terms of application, the largest application is Wall, followed by Ceiling, Flooring, etc.
Ask for more details or sample of this report at: https://www.themarketreports.com/report/ask-your-query/1382977
The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479