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World Drywall & Building Plasters Market

World Drywall & Building Plasters Market

  • October 2016
  • 297 pages
  • ID: 4708285
  • Format: PDF
  • Freedonia


Table of Contents

Industry Study with Forecasts for 2020 & 2025

Rapidly growing construction spending, particularly in developing areas such as the Asia/Pacific region, will drive sales of drywall and building plaster. Global demand for drywall is forecast to advance 4.0 percent annually through 2020, while building plaster demand is projected to increase 3.7 percent per annum over the same period. Going forward, the nonresidential market for drywall is forecast to continue to be responsible for a larger share than the residential market, as industrializing countries record the biggest advances in product sales.

This study will answer the questions::
- How is the global gypsum-based building products industry changing?
- Which countries are projected to record the fastest gains during the 2015-2020 period?
- Which countries are moving away from traditional building methods and beginning to use more drywall?


More than one-third of new drywall demand generated between 2015 and 2020 will be in China, where demand for drywall is expected to increase 6.0 percent per annum, bolstered by significant, although slowing, increases in both residential and nonresidential construction. About three-fourths of drywall use in China is generated by nonresidential building construction, so product demand will benefit from the nonresidential market’s relatively better prospects.

Developing countries show growth
Many other industrializing countries -- including Brazil, India, Indonesia, Iran, Mexico, and Thailand -- are forecast to post solid growth in drywall demand through 2020. Increasing demand for urban housing will drive residential building construction spending and related drywall sales. Growth in office and commercial construction activity will also contribute to gains. Construction of interior walls and ceilings with drywall yields savings in time and labor costs compared to alternatives such as concrete masonry units. As labor costs rise in developing countries, building con- tractors will increasingly be attracted to the use of drywall.

Western Europe attempts a recovery
Many West European countries are expected to post rebounds in drywall demand as their housing markets recover. However, in countries such as Greece, Italy, Portugal, and Spain, drywall demand in 2020 will remain significantly below that of a decade earlier, as the housing rebound will occur from a severely depressed 2015 level and will not recover all of the ground lost in the housing downturn.

Building plaster faces challenges
Building plaster demand growth will be slower than that in the drywall segment. Although some building plaster demand is associated with drywall use (e.g., joint com- pounds), traditional wet construction methods account for the bulk of demand for building plaster. Construction firms in many countries are projected to increase their use of drywall-based construction techniques gradually at the expense of plaster-based construction, constraining demand for building plaster.

Study coverage
World Drywall & Building Plaster presents historical data (2005, 2010 and 2015) plus forecasts (2020 and 2025) for drywall and building plaster supply and demand for residential and nonresidential markets in six regions and 21 countries.

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