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Plasterboard Market by Type, Form, End-Use Sector, and Region - Global Forecast to 2021

Plasterboard Market: Global Forecast until 2021

  • January 2017
  • 203 pages
  • ID: 4651093
In this report:
The construction spending during this period for China is expected to reach ##.##% by 2020; for India, it is expected to be ##%, while for Vietnam, it is expected to be ##.##% of the global construction spending, according to Asia Construction Outlook survey conducted by AECOM.
Post the economic slowdown, the GDP of Russia declined to -##.##% in 2015, after registering a positive growth of ##.##% in 2014, while that of Poland went up to ##.##%.


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"Plasterboard market forecasted to grow at a compound annual growth rate (CAGR) of 5.70 percent"

The plasterboard market size is expected to rise at a compound annual growth rate (CAGR) of 5.7% during the forecast horizon of 2016-2021 and attain ~$23.9B by 2021. The plasterboard market is gaining momentum in the modern construction industry due to the Elements such as superior quality, low cost, and ease of installation of the plasterboard. Furthermore, the technological advancements in extrusion and processing is also driving the industry for plasterboard. Nevertheless, lack of awareness about recyclability of plasterboard among final users and lack of availability of plasterboard waste disposal plants act as retraining factors for the plasterboard market.

"The standard plasterboard segment recorded for the more considerable market share in the plasterboard market in 2015"

The standard plasterboard segment controled the plasterboard market in 2015 and is expected to retain the leading position through 2021. Standard wallboard is the most commonly used plasterboard and comes in various sizes. This type of plasterboard is anticipated to witness a higher rise in the emerging Asia-Pacific, Latin American, and Middle Eastern & African regions than in the developed regions. The higher increase of the standard plasterboard market in these areas is influenced by the growing number of new building constructions, both residential and non-residential, as well as the low pricing of standard boards.

"The tapered-edged segment, by form, recorded for a considerably higher market share in the plasterboard market"

The plasterboard market has been broken down into two forms, that is, tapered-edged and square-edged. The tapered-edged plasterboard led the industry demand for plasterboard in 2015 and is expected to grow at a better compound annual growth rate from 2016 to 2021. This increase can be accredited to the easy and fast installation of tapered-edged plasterboard. Developed countries have a higher demand for tapered-edged plasterboard compared to that of developing countries.

"The Asia-Pac area anticipated to witness the fastest-growth during the forecast period"

The Asia-Pac region is expected to register the highest CAGR (Compound annual growth rate) globally, between 2016 and 2021. China (CN) was the biggest market for plasterboard in the Asia Pacific (APAC) area, in 2015. The Chinese market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period. The increase of construction activities in the region as well as population in China (CN), Indonesia (ID), and India (IN) are driving the rise of the Asia-Pacific plasterboard market.

Breakdown of Primaries

By Company Type: Tier 1 - 35.0 percent, Tier 2 - 30.0 percent, and 1/3 3 - 35.0 percent

By Designation: Director Level - 65.0 percent and Manager Level - 35.0 percent

By area: North america (NA) - 25.0 percent, Europe - 28.0 percent, Asia-Pacific - 22.0 percent, Latin America - 10.0 percent, and Middle East & Africa - 15.0 percent

Note: The 1/3 of the companies, the tiers of the corporations is defined on the basis of their final revenue, as of 2015.

Tier n1: Revenue > $10.0B; Tier 2: $1.0B > Revenue > $10.0B; Tier 3: Revenue < $1.0B

Research Objectives:

The primary objective of the study is to define, segment, and project the overall plasterboard market based on type, form, end-use market, and area. The report also aims at strategically analyzing micromarkets with respect to individual developments trends, future perspectives, and their contribution to the total market. It also offers exhaustive information about the main factors influencing the increase of the market (drivers, industry restraints, possibilities, and market-specific challenges). Additionally to this, the market research examines competitive developments including mergers & acquisitions, business growths, alliances, strategic agreements, joint ventures (JV) & collaborations, new industry product developments, and analysis & growth activities in the plasterboard market.

Why acquiring this study can help you

This study will help the industry leaders (and new entrants) in the following aspects:

1. This document breaks down the plasterboard market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. The market research benefits partners to comprehend the sector and offers them information on main market drivers, market restraints, alternatives, and opportunities.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector. The competitive outlook section includes mergers & acquisitions, business developments, recent product launches, and alliances.

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