Global Dry Construction market analysis 2024, Forecast To 2033
30 Jan, 2024
The dry construction market has shown steady growth, increasing from $72.78 billion in 2023 to $75.01 billion in 2024, with a compound annual growth rate (CAGR) of 3.1%. The rise in the historic period is linked to construction and infrastructure projects, building renovations and repairs, the growing need for green building and sustainability, increasing regulatory compliance, and urbanization and population growth. The dry construction market is anticipated to continue its steady growth in the next few years, reaching $84.67 billion in 2028, with a CAGR of 3.1%. This growth can be attributed to increasing digital construction workflows, circular economy practices, construction safety standards, emerging market growth, and growing adaptation to changing climate conditions. Major trends in the forecast period include prefabrication and modular construction, sustainable and eco-friendly materials, innovative wall and ceiling finishes, innovative acoustic solutions, and the adoption of digital design and BIM (Building Information Modeling) software.
Global Dry Construction Market Key Driver
The dry construction market witnesses growth with the increasing focus on sustainable construction practices. China, with 1,077 certified LEED projects, leads in sustainable construction, according to the US Green Building Council. The emphasis on sustainable design and construction techniques drives the growth of the dry construction market.
Get A Free Sample Of The Global Dry Construction Market ReportGlobal Dry Construction Market Segments
The global dry construction market covered in this report is segmented –
1) By Type: Supporting Framework, Boarding
2) By Material: Plasterboard, Wood, Metal, Plastic
3) By System: Ceiling System, Wall System, Flooring System
4) By Application: Residential, Non Residential
By Geography: The regions covered in the Dry Construction market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Major Dry Construction Industry Players
Saint Gobain SA, Haniel Bau-Industrie, Etex Group Ltd., Fletcher Building Limited, USG Boral Pvt. Ltd., Corporate Social Responsibility, Knauf AG, Panel Rey SA, PABCO Building Products LLC, Armstrong World Industries Inc., Georgia pacisific LLC, Beijing New Building Materials Public Limited, 3G Drywall LLC, New Orleans Glass Company, Cano Estructuras, Knauf Gips KG, USG Corporation, Boral Limited, National Gypsum Company, Compagnie de Saint-Gobain S.A., James Hardie Industries plc, Continental Building Products Inc., CertainTeed Corporation, LafargeHolcim Ltd., Owens Corning, PABCO Building Products LLC, Paneltech Systems Ltd., Pennar Industries Limited, Rondo Building Services Pty Ltd., Siniat Ltd., Superglass Holdings plc, Telling Industries LLC, The QUIKRETE Companies, Tremco Incorporated, VANS Gypsum Pvt. Ltd., Winstone Wallboards Limited, Zhejiang Yulong Building Materials Co. Ltd., China National Building Material Company Limited, Etex Building Performance NV, Guangdong Meiyan Jixiang Hydropower Co. Ltd.
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Dry Construction Market Overview
Dry construction refers to the use of lightweight materials, structures, and systems created on the principle of lightweight construction. Dry construction aims at reducing the use of water, reducing construction time, improving moisture resistance, enhancing fire safety, and reducing the impact of real estate on the environment.
Dry Construction Global Market Report 2023 provides data on the global dry construction market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The dry construction market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.