Global Dry Construction Market Growth of 5.3% CAGR to 2020 Driven by Developing Countries Like India and China

PUNE, India, September 3, 2015 /PRNewswire/ --

The worldwide dry construction market growth for next 5 years will be driven by increasing disposable incomes in developing countries, increasing industrialization, and changing preferences of people towards sustainable building techniques.

Complete report on dry construction market spread across 213 pages, profiling 10 major companies and supported with 196 tables and 65 figures is now available at http://www.reportsnreports.com/reports/406975-dry-construction-market-by-type-supporting-framework-boarding-material-metal-wood-plasterboard-plastic-others-system-wall-ceiling-flooring-others-application-residential-non-residential-region-trends-and-forecast-to-2020.html .

Major associations in dry construction market are emphasizing on spreading awareness about dry construction, its lucrative side, and its cost-effectiveness. They are also giving importance to the "do-it-yourself" application process, which allows the end user to install the dry construction by self if given proper information and training. There are also some manufacturers that are associated with providing dry construction market training to contractors and individuals. Consulting services are also provided by manufactures to help consumers choose the most effective dry construction for their living and commercial spaces.

The key players in dry construction market have a strong distribution network across the world and the financial strength to sustain them. The same cannot be said about new entrants in the market. For the dry construction market, it is essential to have a strong distribution network to enable timely delivery of the product to customers, whenever needed. New entrants find it difficult to compete against established players in this regard. The players in the global dry construction market are well-established. It is very difficult for new players to enter the market and compete with established players. Even end users prefer products from established players, rather than new players.

The key players adopted inorganic growth strategies such as investments and partnerships & agreements to increase their scope in dry construction market. These companies aimed at strengthening their position in the developed markets of Europe and North America and on entering the emerging dry construction markets of the Asia-Pacific region and the Middle East. They invested considerably to acquire dry constriction businesses of local as well as established market players to reinforce their market position in several regions.

The key players of the dry construction market are Saint Gobain (France), Xella Group (Germany), Armstrong World Industries (U.S.), Etex Group (Belgium), Fletcher Building (New Zealand), USG Boral (Malaysia), CSR (Australia), Knauf (Germany), Panel Rey  (Mexico) and Pabco Gypsum (U.S.). Order a copy of Dry Construction Market by Type (Supporting Framework & Boarding), Material (Metal, Wood, Plasterboard, Plastic, & Others), System (Wall, Ceiling, Flooring, & Others), Application (Residential & Non- Residential) & Region - Trends and Forecast to 2020 research report at http://www.reportsnreports.com/Purchase.aspx?name=406975 .

Increasing population, increasing income and spending capacity, and massive increase in urbanized population, drive the growth of the dry construction market. However, there are certain factors prevailing in the market which hinder its growth such as a severe issue of disposal of waste material generated in the manufacturing process is the biggest challenge faced by the players in the market. The global dry construction market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. In this report, the global dry construction market is segmented into type, system, material, application and region.

The dry construction market has shown a substantial growth due to the resurgence of the construction industry after the economic slowdown from 2007 to 2009. The dry construction market is mostly driven by the emergence of lightweight construction technologies, which has benefits such as inexpensive and fast installation at a construction site. In order to achieve sustainability, green dry construction technology is the latest innovation in the global Dry Construction Market.

For the manufacturing and construction market decision makers, ReportsnReports.com has multiple newly published and relevant research titles:

Heavy Construction Equipment Market by type (Earthmoving, Material Handling, Heavy Construction Vehicles), Application (Excavation & demolition, Heavy Lifting, Material Handling & Others), Industry (Infrastructure, Construction & Others) - Forecast to 2020: The global heavy construction equipment market is estimated to exhibit a lucrative growth potential of about 6.80% for the next five years. The growth in this market is propelled by continuous growth in infrastructural spending especially in developing economies, and increasing demand for residential buildings owing to the growing population. The Asia-Pacific market will register highest growth by 2020 owing to the significant investments being made for construction activities in the region. The growth of this region is supplemented by the rising need for infrastructure in developing economies such as India and China. Excavation and demolition is projected to dominate the global heavy construction equipment market application between 2015 and 2020.  By type, earth moving equipment is estimated to have the largest market during the forecast period. Subsequently, the infrastructure industry will dominate the heavy construction equipment market from 2015 to 2020. Major heavy construction equipment companies such as Caterpillar Inc. (U.S.), CNH Global N.V.  (The Netherlands), Hyundai Heavy Industries Co., Ltd. (South Korea), Volvo Construction Equipment AB (Sweden), JCB Ltd. (U.K.), Komatsu Ltd. (Japan), Deere & Company (U.S) have been profiled in this research available at http://www.reportsnreports.com/reports/259700-heavy-construction-equipment-market-by-types-earthmoving-material-handling-heavy-construction-vehicles-others-application-areas-infrastructure-commercial-residential-and-geography-global-trends-forecast-to-2018.html .

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