DUBLIN--(BUSINESS WIRE)--The "Global
Dry Construction Market 2017-2021" report has been added to ResearchAndMarkets.com's
Global dry construction market to grow at a CAGR of 5.58% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is rising demand for LVT (luxury vinyl tile) flooring. Resilient flooring products form a significant share of the overall dry construction market. The resilient flooring segment includes various types of floor coverings, including vinyl, which comprises of vinyl composite tile (VCT), solid vinyl tile (SVT), and LVT; linoleum; cork; and rubber. However, the LVT flooring segment is currently the fastest growing among the various resilient flooring products, whose adoption is expected to witness further growth during the forecast period.
According to the report, one driver in the market is rise in global construction and infrastructure development activities. The rise in the global building construction and infrastructure activities is the most significant factor that will drive the demand in the global dry construction market. The number of new constructions in several developed and emerging countries is on the rise after prolonged depression in the construction market. The residential housing completions in the US, for instance, grew by 8.2% during July 2016 to 2017. The recovery in the US economy has created optimism among the home buyers, leading to a demand for new single and multi-family homes. It is also expected that the pent-up demand from the recession period will also drive the demand in the housing market.
Further, the report states that one challenge in the market is comparatively costlier than brick and mortar construction. One of the major challenges faced by the dry construction market is its cost disadvantage when compared with wet construction. This may prove to be a deterring factor for its adoption in many emerging countries, where home buyers or end-customers can be price sensitive.
- Knauf Gips
Other Prominent Vendors
- Beijing New Building Material
- Fletcher Building
- Georgia-Pacific Gypsum and Georgia-Pacific Wood Products
- Grupo Promax
- National Gypsum Properties
- Pabco Building Products
- Yoshino Gypsum
Key Topics Covered
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by End-User
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/s68q2c/global_dry?w=4