Building Products (Including Drywall) Market Size By Product Type, By Application, And By Geographic Scope And Forecast
Building Products (Including Drywall) Market Size And Forecast
Building Products (Including Drywall) Market was valued at USD 35.50 Billion in the year 2019 and is projected to reach USD 52.7 Billion by 2027, growing at a CAGR of 5.07% from the year 2020 to 2027.
Global Building Products (Including Drywall) Market Outlook
There is a growing preference in using drywall instead of plaster due to the installation process of drywall requires less time and labor, which can translate to less cost. Drywall also helps to reduce noise along with having fire-resistant properties due to the water on the boards. The growing demand for more robust construction across the world is one of the biggest causes of the boom in the market of building products. With the rise in population, the demand for private and commercial infrastructure is constantly rising. Asia Pacific region has the highest consumption of building products as a result of chinas booming economy. The construction materials such as cement, plasters, and paints, cause soil and air degradation. The country like Japan has very strict rules and regulations regarding the type of building products that can be used, hence hindering the growth of the building product market.
Global Building Products (Including Drywall) Market Competitive Landscape
The Global Building Products (Including Drywall) Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as PPG Industries, Ardex,Knauf Gips KG, PCI Group, Parex Group SA, Mapei s.p.A,Toupret, Caparol,Ceresit, Rockwool International A/S, China National Building Material Company.
Global Building Products (Including Drywall) Market Segment Analysis
Building Products (Including Drywall) Market is segmented into Product Type, Application, And Geography.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.