1. Market Research
  2. > Construction
  3. > Building Materials Market Trends
  4. > World Drywall & Building Plaster Market

World Drywall & Building Plaster Market

  • July 2014
  • -
  • Freedonia
  • -
  • 361 pages

Summary

Table of Contents

Drywall demand to rise 4+% annually through 2018

Global drywall demand is forecast to rise over five percent per year through 2018 to roughly 10 billion square meters, a significant improvement from the rate of the 2008-2013 period. Rebounds in building construction spending after a period of declines in both North America and Western Europe will be the primary drivers of demand. Growing sales in the Africa/Mideast region, where drywall continues to gain popularity over more traditional building techniques and materials, will also contribute to demand gains. While demand in both the Asia/Pacific region and Central and South America is projected to slow from gains seen earlier in the decade, both regions will post solid growth through 2018.

China, US to dominate new drywall demand

Nearly three-fourths of new drywall demand generated between 2013 and 2018 will be due to China and the US. Drywall sales in the US are forecast to advance nearly eight percent annually during this period as the housing market recovers. In China, demand for drywall is expected to post more than seven percent annual growth during this time, bolstered by significant gains in both residential and nonresidential construction spending. Drywall is also projected to be used more frequently in residential applications in China, as it gains popularity over traditional building materials. Many industrializing countries -- such as Brazil, India, Mexico, Saudi Arabia, and Turkey -- are also forecast to post solid growth in drywall demand through 2018.Increasing demand for urban housing will drive residential building construction spending and related drywall sales. In addition, advances in office and commercial construction activity will contribute to demand gains. Going forward, drywall demand will benefit from local construction companies increasing drywall usage at the expense of other products, such as building plaster. The drywall market in Western Europe is projected to expand over two percent annually through 2018 to over one billion square meters, a rate above the 2008-2013 pace but the slowest globally. Many countries are expected to post rebounds in demand as their housing markets recover, with Spain registering the fastest growth and Italy and the UK also forecast to perform well.

Residential, nonresidential markets to grow similarly

Drywall demand is forecast to post similar growth through 2018 in both residential and nonresidential building applications. Housing market rebounds in higher-income countries such as the US and many in Western Europe will drive demand growth in the residential market. However, drywall is used more often in nonresidential applications in developing areas, and expansion in these markets will boost overall demand in nonresidential building applications.

Building plaster demand to grow 4+% annually

Global demand for building plaster is projected to advance over four percent per annum to approximately 35 million metric tons in 2018. Construction firms in many countries are projected to gradually increase their usage of drywall-based construction techniques at the expense of wet construction methods, which require more building plaster per unit. A portion of these losses, however, will be offset by growing use of building plaster as joint compound during drywall installation.

Study coverage

This upcoming industry study, World Drywall & Building Plaster, that presents historical demand data for 2003, 2008 and 2013, as well as forecasts for 2018 and 2023 byproduct, market, world region, and for 23countries. The study also considers key market environment factors, evaluates company market share and profiles 29industry participants.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Gypsum Concrete Market - Segmented by Product Type, By End-User Industry, and Geography - Trends and Forecasts (2015-2020)

Global Gypsum Concrete Market - Segmented by Product Type, By End-User Industry, and Geography - Trends and Forecasts (2015-2020)

  • $ 4 250
  • Industry report
  • August 2016
  • by Mordor Intelligence LLP

The Global Gypsum Concrete market is estimated to be valued at USD XX.XX million in 2015, and it is expected to grow at a CAGR of ~8.00% to reach USD XX.XX million by 2020. Gypsum Concrete, a type of construction ...

Global Cork Wallboard Market Research Report 2016

Global Cork Wallboard Market Research Report 2016

  • $ 2 850
  • Industry report
  • July 2016
  • by 9Dimen Research

2016 Global Cork Wallboard Industry Report is a professional and in-depth research report on the world's major regional market conditions of the Cork Wallboard industry, focusing on the main regions (North ...

2016 Global Phospho Gypsum Industry Market Report

2016 Global Phospho Gypsum Industry Market Report

  • $ 2 800
  • Industry report
  • August 2016
  • by Prof Research

The 'Global and Chinese Phospho Gypsum Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global Phospho Gypsum industry with a focus on the Chinese ...


ref:plp2014

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.