Global Dry Construction Material Market Size is Projected to Reach 105.3 billion USD by 2025– QY Research, Inc.

Author: QYResearch  |   Published Date: 2019-03-07   |   Views: 200

Author: Jiquan Zhai

The new report added by the QY Research in its depository with the title, “Global Dry Construction Materials Market Insights, Forecast to 2025,” focuses on the key industry players along with their company profiles, market share, product specifications, and different key strategies adopted by them to sustain in the market. As per the report, the global dry construction material market is expected to value at US$ 105.3 Bn by the end of 2025 from US$ 82.2 Bn in the year 2018. The market is expected to rise with a sluggish CAGR of 3.6% throughout the assessment period.

Global Dry Construction Material Market: Drivers and Restraints

In recent years, the global market for dry construction material has increased its popularity due to the development in the construction industry with a preference for low-weight construction and high priority for interior designs. Some of the factors such as rapidly growing population, and increasing industrialization are creating a positive impact on the growth of the market in the near future. Apart from this, other factors such as the promotion of eco-friendly technology by regulatory bodies and rising focus towards sustainable building techniques are likely to propel the growth of the dry construction materials market during the forecasted period.

However, lack of awareness among consumers regarding recycling of plasterboard is one of the key factors that restrict the growth of the market in the years to come.

Global Dry Construction Material Market: Forecast by Segmentation

The global market is segmented into product type and application. Based on the application, the dry construction materials market is segmented into Flooring, Wall, and Ceiling. On the basis of product type, the market is segmented into Gypsum Board, Metal, and Wood.

Global Dry Construction Material Market: Forecast by Region

Due to the rising urban population, increasing per capita income, growing construction, and rising infrastructure activities is contributing towards the growth of the market in the Asia Pacific region. North America and Europe are likely to back the growth of the market in the years to come.

Global Dry Construction Material Market: Key Players

BNBM, Knauf, Kronospan, Saint Gobain, AWI, BaoWu, Arauco, ArcelorMittal, Boral, USG, Etex, CSR, and Nippon are the top manufacturers that perform in the global dry construction materials market.

USG Co. Predicted to Post its Q1 Earnings of $0.35 per Share

According to Zacks Investment Research reports, the analyst at SunTrust Banks issued USG Q1 earnings on February 14, 2019. The analyst predicts that the construction company (USG) will earn $0.35 per share for the quarter which is down from the previous estimation of $0.41 per share. SunTrust Banks also estimates USG’s second-quarter earnings for the year 2019 will be $0.48 earnings per share and third quarter earnings for the year 2019 will be $0.56 earnings per share. The company’s net profit is 5.88%, ROE is 11.65%. USG had a revenue of $819.00 Mn for the quarter end as compared to the analyst estimation of $900.50 Mn.

Full Report Overview @ https://www.qyresearch.com/index/detail/679679/global-dry-construction-materials-market

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