Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 82.98 Billion | USD 121.21 Billion | 4.3% | 2023 |
According to the report published by Zion Market Research, the global Dry Construction Market size was valued at USD 82.98 Billion in 2023 and is predicted to reach USD 121.21 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.3% during the forecast period. The report analyzes the global Dry Construction Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Dry Construction industry.
A specialized method that is used for the interior construction by making use of industrially prefabricated construction systems is known as dry construction. This system consists of two basic construction elements such as lining and load bearing construction, they are all put together in order to form functional, static, and aesthetic unit. Dry construction is of good quality, fast, and safe construction for the interior and exterior designs. Dry constructions do not require any additional time for drying thus making it comfortable for living and working. Gypsum is the basic material used in the dry-assembly works. Plywood and gypsum board are used in dry constructions instead of concrete and bricks. It offers several advantages such as moisture resistance, reduction in construction time, fire safety, better thermal and sound insulation, and ease in the installation. Boards or panels are installed on the metal surface to build windows, walls, ceilings, and other systems.
The market for dry construction shows an escalating growth in the near future and this growth is expected to continue in the near future. Rapid industrialization, urbanization, and increasing adoption of the lightweight and sustainable construction practices by the various construction industries are major factors that are driving the market growth in future. Implementation of the certain regulations regarding dry construction and its practice is adopted by the governments of several developed nations thus anticipating to fuel the market growth. However, the waste generated by the dry construction and its high cost is the major restraining factor of the dry construction market.
The global dry construction market is classified into its application, material, type, and system.
On the basis of application, the market is segmented into health care, residential, hospitality, non-residential, commercial, and others. The material segment is segregated into plastic, plaster wood, carpet, metals, glass, and wood.
Based on the type, the global dry construction market is fragmented into boarding and supporting framework.
The system segment is divided into partition, wall, flooring, door systems, ceiling, and windows.
Report Attributes | Report Details |
---|---|
Report Name | Dry Construction Market |
Market Size in 2023 | USD 82.98 Billion |
Market Forecast in 2032 | USD 121.21 Billion |
Growth Rate | CAGR of 4.3% |
Number of Pages | 201 |
Key Companies Covered | Panel Rey, Etex Group, Saint Gobain, Pabco Gypsum, Armstrong World Industries, Knauf, CSR Ltd., Xella Group, Fletcher Building, and USG Boral |
Segments Covered | By application, By material, By type, By system and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is the leading region for dry construction market due to factors such as rapid industrialization, urbanization, increasing population, income and rising spending power of the people. New construction projects and fast implementation of construction sites adds benefits to the growth of the market. Dry construction is expanding its market in the developing countries such as Indonesia, China, and India thus increasing the demand of the market. China contributed for the largest market share owing to new constructional projects and high population growth in this region positively enhanced the global dry construction market. North America and European regions are following the same trend.
The major market players in the global dry construction market include:
By application
By material
By type
By system
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