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Plasterboard Market

The global plasterboard market size is projected to expand at a high CAGR during the forecast period, 2021u20132028. The growth of the market is attributed to the emergence of environment friendly building materials and technologies, as well as the increasing demand for new and renovated construction projects.

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Plasterboard Market

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  1. Plasterboard Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global plasterboard market size is projected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the emergence of environment friendly building materials and technologies, as well as the increasing demand for new and renovated construction projects. It is used for partitions and wall cladding, ceilings, and floors. The performance of drywall can be modified according to specific requirements, such as fire resistance, moisture resistance, and impact resistance. The cladding that gives the frame various properties, such as in bathrooms and kitchens, depends on various additives added to the finished gypsum board. Depending on the application, drywall offers different panel sizes and thicknesses. Drywall is used to create partitions and siding, including indoor ceilings, floors, and walls supports the plaster of Paris between the thick slabs. It is used to maintain the building's resistance to fire, fungus, and other conditions. One of the main driving forces for the growth of the gypsum board market is the acceleration of industrialization and urbanization, and the customer base uses durable and resistant materials for construction. Request Sample link :- https://growthmarketreports.com/request-sample/2113 Market Trends, Drivers, Restraints, and Opportunities  Increasing disposable income and rising demand for luxury houses is projected to boost the market during the forecast period. Rapid growth of the construction industry is major factors fueling the market in the coming years. Growing concerns for eco-friendly products and safe bio-based products for construction is anticipated to drive the market during the forecast period. Lack of adoption of plasterboard and preference for traditional methods by end-users due to water contact and need for replacement of plasterboards is projected to restrict the market growth.   

  2. Lack of awareness among end-users about the recyclability and lack of availability of high quality eco-friendly plasterboard act as major challenges that can hamper the market growth during the forecast period. R&D investment and development of eco-friendly and high performance plasterboard is expected to offer significant opportunities for the market players.  Market Segment Insights: The tapered segment is projected to hold a major market share On the basis of forms, the plasterboard market is bifurcated into square-edge and tapered. The tapered segment is expected to hold a key share of the market during the forecast period owing to clean and short set up of tapered plasterboard. Developed countries have a high demand for tapered-edged plasterboard as compared to that of developing countries. Tapered facet plasterboard is generally used for partitions and capabilities a narrower facet profile, making it appropriate for jointing or skimming. Enquiry Link :- https://growthmarketreports.com/enquiry-before-buying/2113 Competitive Landscape Key players competing in the plasterboard market include National Gypsum Services Company; Georgia-Pacific Company; Etex Company; AWI Licensing LLC; and Saint-Gobain Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter

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