Dry Construction

Global Dry Construction Market to Reach US$180.0 Billion by 2030

The global market for Dry Construction estimated at US$133.0 Billion in the year 2024, is expected to reach US$180.0 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2024-2030. Plasterboard Material, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$100.6 Billion by the end of the analysis period. Growth in the Wood Material segment is estimated at 4.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$34.5 Billion While China is Forecast to Grow at 8.1% CAGR

The Dry Construction market in the U.S. is estimated at US$34.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$41.2 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.0% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Global Dry Construction Market - Key Trends and Drivers Summarized

What Is Dry Construction and How Is It Revolutionizing the Building Industry?

Dry construction refers to the use of dry materials such as gypsum board, plywood, or metal framing in the construction process, as opposed to traditional wet construction methods that involve concrete, mortar, and plaster. This technique is gaining traction due to its speed, efficiency, and flexibility. Dry construction allows for a cleaner and quicker assembly because it reduces the drying time needed for wet materials, making it particularly suitable for fast-paced urban environments. Additionally, it offers better thermal and acoustic insulation, which enhances the comfort and privacy in residential and commercial buildings. As environmental concerns drive the demand for sustainable building practices, dry construction is also appreciated for its potential to minimize construction waste and reduce water usage during the building phase.

How Does Dry Construction Cater to Modern Needs and Standards?

The contemporary construction landscape demands solutions that not only expedite the building process but also address environmental challenges. Dry construction meets these requirements by providing materials that are often made from recycled components and can be reused or recycled at the end of their life cycle. The adaptability of dry construction techniques allows for the easy installation of electrical and plumbing systems, significantly reducing the complexity and duration of construction projects. Moreover, dry construction materials are designed to comply with modern fire safety and energy efficiency standards, providing enhanced protection and sustainability.

What Are the Technological Innovations Influencing Dry Construction?

Technological advancements have introduced a wide range of new materials and tools that are shaping the dry construction sector. Innovations such as high-performance gypsum boards, moisture-resistant panels, and lightweight metal frames are making buildings safer, more durable, and more energy-efficient. Cutting-edge tools and fastening systems have also streamlined the assembly process, improving the structural integrity and longevity of constructions. Furthermore, integration with digital tools like Building Information Modeling (BIM) allows for precise planning and efficient management of resources, reducing overall project costs and construction times.

What Drives the Growth in the Dry Construction Market?

The growth in the dry construction market is driven by several factors, including rapid urbanization, increased awareness of sustainable construction practices, and stringent government regulations regarding building safety and environmental sustainability. The need for faster construction cycles in commercial sectors such as retail and hospitality is also propelling the adoption of dry construction methodologies. Consumer behavior is shifting towards prefabrication and modular construction, which are facilitated by dry construction techniques, due to their reduced impact on the environment and the high quality of finished buildings. Additionally, as the global economy recovers from the impacts of the COVID-19 pandemic, there is a renewed focus on renovating and upgrading existing structures, which often requires quick and effective solutions that dry construction provides.

SCOPE OF STUDY:

The report analyzes the Dry Construction market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Material (Plasterboard, Wood, Metal, Other Materials); Application (Wall, Ceiling, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 42 Featured) -

• Armstrong World Industries, Inc.
• CSR Ltd.
• Etex SA
• Fletcher Building Limited
• Knauf Gips KG
• PABCO Gypsum
• Panel Rey
• Saint-Gobain SA
• USG Boral
• Xella Group

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