Zion Market Research, the market research group announced the analysis report titled ‘Global Dry Construction Market: Size, Trends, Industry Share and Forecast, 2016 – 2024‘
Global Dry Construction Market: Overview
A specialized method that is used for the interior construction by making use of industrially prefabricated construction systems is known as dry construction. This system consists of two basic construction elements such as lining and load bearing construction, they are all put together in order to form functional, static, and aesthetic unit. Dry construction is of good quality, fast, and safe construction for the interior and exterior designs. Dry constructions do not require any additional time for drying thus making it comfortable for living and working. Gypsum is the basic material used in the dry-assembly works. Plywood and gypsum board are used in dry constructions instead of concrete and bricks. It offers several advantages such as moisture resistance, reduction in construction time, fire safety, better thermal and sound insulation, and ease of the installation. Boards or panels are installed on the metal surface to build windows, walls, ceilings, and other systems.
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Global Dry Construction Market: Growth Factors
The market for dry construction shows an escalating growth in the near future and this growth is expected to continue in the near future. Rapid industrialization, urbanization, and increasing adoption of the lightweight and sustainable construction practices by the various construction industries are major factors that are driving the market growth in future. Implementation of the certain regulations regarding dry construction and its practice is adopted by the governments of several developed nations thus anticipating to fuel the market growth. However, the waste generated by the dry construction and its high cost is the major restraining factor of the dry construction market.
Global Dry Construction Market: Segmentation
The global dry construction market is classified into its application, material, type, and system. On the basis of application, the market is segmented into health care, residential, hospitality, non-residential, commercial, and others. The material segment is segregated into plastic, plaster wood, carpet, metals, glass, and wood. Based on the type, the global dry construction market is fragmented into boarding and supporting framework. The system segment is divided into partition, wall, flooring, door systems, ceiling, and windows.
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Global Dry Construction Market: Regional Analysis
Asia Pacific is the leading region for dry construction market due to 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 adds benefits to the growth of the market. Dry construction is expanding its market in the developing countries such as Indonesia, China, and India thus increasing the demand of the market. China contributed for the largest market share owing to new constructional projects and high population growth in this region positively enhanced the global dry construction market. North America and European regions are following the same trend.
Global Dry Construction Market: Competitive Players
The major market players in the global dry construction market include Panel Rey, Etex Group, Saint Gobain, Pabco Gypsum, Armstrong World Industries, Knauf, CSR Ltd., Xella Group, Fletcher Building, and USG Boral.
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Dry Construction Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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