DUBLIN, Jan 25, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Plasterboard Market - Global Forecast to 2021" report to their offering.
The report projects that the plasterboard market size will grow from USD 18.07 Billion in 2016 to USD 23.85 Billion by 2021, at an estimated CAGR of 5.7% between 2016 and 2021.
The plasterboard market is expected to witness high growth as a result of the recovery of the global economy, high growth in the Asia-Pacific region, and the emergence of environment-friendly construction techniques. Growth in modern retailing, rise in consumer income & employment, and increase in demand for new construction projects are some of the other factors influencing the growth of the plasterboard market.
This report is segmented on the basis of type, form, end-use sector, and region. The fire-resistant segment, by type, is projected to be the fastest-growing in the plasterboard market during the forecast period. The gradual shift of building contractors and consumers toward cost efficient, eco-friendly, and modern building techniques is creating growth opportunities for the plasterboard market.
On the basis of form, the tapered-edged segment is projected to grow at a higher rate in the forecast period as it is easy and quick to install as compared to the square-edged plasterboard. Developed countries have a higher demand for tapered-edged plasterboard compared to that of developing countries.
In 2015, the residential sector accounted for a larger share in the plasterboard market; this is projected to grow at a higher rate between 2016 and 2021. The growth of residential construction across the globe is also creating growth opportunities for the adoption of plasterboard. The residential segment is an emerging market for plasterboard products, where it is used for the construction of wall panels, ceilings, and partitions.
Poor acceptance of plasterboard among the end-users due to pre-defined mindsets about plasterboard is a constraint in the growth of plasterboard market. Furthermore, lack of awareness about the recyclability of plasterboard among end-users is hindering the market growth.
- Ahlstrom Corporation
- Armstrong World Industries, Inc.
- Atiskan Gypsum Products Co.Inc
- Ayhaco Gypsum Products
- Beijing New Building Material Group
- Boral Limited
- ETEX Group
- Fletcher Building Limited
- Georgia Pacific LLC
- Gypsum Management and Supply, Inc.
- Gyptec Iberica
- Jason Plasterboard Co.Ltd.
- Knauf Gips Kg
- Lafargeholcim Ltd
- Mada Gypsum Company
- National Gypsum Company
- Saint- Gobain S.A.
- Siniat Ltd
- Tai Shan Gypsum
- Tanzania Gypsum Limited
- USG Corporation
- Yoshino Gypsum Co, Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Plasterboard Market, By Form
7 Plasterboard Market, By Type
8 Plasterboard Market, By End-Use Sector
9 Macroeconomic Factors: an Overview
10 Plasterboard Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/t3xwdb/plasterboard
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/plasterboard-market-to-reach-2385-billion-by-2021-driven-by-emergence-of-environment-friendly-construction-techniques---research-and-markets-300396615.html
SOURCE Research and Markets