Press Release

Dry Construction Market is expected to grow at a robust CAGR

Global Dry Construction Market is expected to grow owing to the construction industry's increased adoption of sustainable and lightweight construction technologies throughout the forecast period.

 

According to TechSci Research report, “Dry Construction Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”, the Global Dry Construction Market is expected to register robust growth during the forecast period. The growing emphasis on sustainable construction is anticipated to drive the expansion of the dry construction market. Governments worldwide are prioritizing the creation of sustainable and livable towns. Dry construction techniques are predominantly employed in sustainable construction to minimize energy usage, recycle rainwater, and enhance the cooling of housing and development board (HDB) towns.

Continual technological advancements, such as Building Information Modeling (BIM), Computer-Aided Design (CAD), automation, and robotics, present lucrative prospects for enhanced efficiency and precision in dry construction. By investing in state-of-the-art technologies, companies can deliver innovative solutions that optimize project timelines and minimize costs.

Infrastructure projects, encompassing structures like bridges, tunnels, and transportation hubs, often demand streamlined construction methods. Dry construction can be readily adapted for diverse infrastructure applications, thereby offering companies opportunities to participate in large-scale projects on a global scale.

 

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Based on type, Supporting Framework segment is expected to dominate the market during the forecast period. The segment of supporting framework plays a vital role in the global dry construction market, as it serves as the structural backbone for various dry construction systems. This segment encompasses materials and components that contribute to the stability, load-bearing capacity, and overall structural integrity of buildings constructed using dry methods. It encompasses a wide range of materials, each with its own advantages and applications. Common materials include steel, wood, and aluminum. For example, steel framing is renowned for its strength and durability, making it suitable for both residential and commercial applications. Wood offers a natural and renewable option, while aluminum is valued for its lightweight properties and resistance to corrosion. The supporting framework is responsible for safely distributing the load of the building to the foundation. Different materials within this segment have varying load-bearing capacities, which influence their suitability for specific construction projects. Steel, for instance, is favored for its high load-bearing capabilities, making it suitable for tall and large structures, whereas wood may be preferred for mid-rise buildings. The increasing emphasis on sustainability has prompted the development of eco-friendly supporting framework materials. Wood, as a renewable resource, is valued for its low carbon footprint. Additionally, advanced steel framing systems incorporate recycled content and can be designed to meet energy efficiency requirements, thereby contributing to green building initiatives.

Based on material, Plasterboard segment is projected to dominate the market throughout the forecast period. Plasterboard is highly regarded for its exceptional acoustic and thermal insulation properties, making it a valuable choice in the construction industry. It can be further enhanced with additional insulation materials to optimize energy efficiency and soundproofing capabilities. In commercial applications, such as office spaces and healthcare facilities, acoustic plasterboard is commonly employed to establish sound-controlled environments. The growing emphasis on sustainability in the construction sector has prompted plasterboard manufacturers to introduce eco-friendly solutions. Some plasterboards are crafted from recycled content, and gypsum, a naturally occurring mineral, is frequently utilized. Moreover, plasterboard can be recycled, effectively reducing waste in construction and renovation projects. Noteworthy market trends in the plasterboard segment encompass the development of lightweight and high-strength boards. These innovations facilitate easier handling during installation without compromising structural integrity. Additionally, there is a notable shift towards minimizing the environmental impact of plasterboard production through sustainable sourcing and manufacturing practices. To summarize, the plasterboard segment holds a pivotal position in the global dry construction market, offering indispensable contributions to interior finishes in residential, commercial, and institutional buildings. Its versatility, material composition, acoustic and thermal properties, along with its alignment with sustainability trends, establish it as a key component in contemporary construction practices.

 

Key market players in the Global Dry Construction Market are:-

  • Fletcher Building Limited
  • CSR Limited
  • Knauf Gips KG
  • USG Boral Limited
  • Promax Group Inc.
  • Masterplast Plc.
  • Winstone Wallboards Limited
  • Georgia-Pacific LLC
  • Saint Gobain S.A.
  • Etex Group

 

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“The Dry Construction Market in Asia Pacific is poised to be the dominant force in the industry. Asia-Pacific countries are experiencing a rising awareness of environmental concerns. Consequently, there is an increasing focus on implementing sustainable and eco-friendly construction methods. Dry construction, renowned for its minimal construction waste and energy-efficient characteristics, aligns perfectly with these sustainability objectives. This trend is particularly noticeable in countries such as Australia, Japan, and South Korea, where there is a steady reinforcement of green building certifications and regulations.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Dry Construction Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material (Plasterboard, Metal, Plastic, Wood and Others), By Type (Supporting Framework and Boarding), By System (Ceiling System, Wall System, Flooring System and Others), By Application (Residential and Non-Residential), By Region, By Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth potential of Global Dry Construction Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Dry Construction Market.

 

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