Drywall and building plaster market
Drywalls are panels made of gypsum plaster pressed between thick sheets of paper. They are used for interior walls and ceilings in residential and non-residential buildings as a faster alternative to traditional plaster.
The increasing demand from construction activities in the U.S. and China is expected to drive a rise in demand for drywall and building plaster. After the economic turndown between 2008 to 2011 in the U.S. and Europe, the market is expected to revive in both regions. There is a significant increase in repair and maintenance of residential building activities in the U.S. and Western Europe which in turn is expected to increase demand for drywall and building plaster.
The drywall and building construction market can be segmented into two key end-user segments; residential construction and non-residential construction. Globally, the residential construction segment is projected to see faster growth owing to the increased demand for housing in urban areas across all regions. Non-residential construction activities are also increasing at an above average rate in emerging BRICS nations as well as in the Middle East and Africa.
Demand from North America, especially the U.S. and Western Europe are projected to grow rapidly. Asia Pacific, Eastern Europe, Latin America, Middle East and Africa are projected to show above average demand growth due to increased residential construction activity. Drywall use is expected to increase in residential construction owing to its rising popularity. However, the building plasters segment is expected to lose share because of the slower construction process and higher expense of wet construction methods.
Some of the major manufacturers include BNBM (China), USG (US), Saint- Gobain (France), Knauf (Germany) and Etex (Belgium). These players account for approximately half the global drywall and building plaster market supply.
Featured articles and news
With a new government consultation underway, ICE look at creating a smarter, more flexible energy system.
International Ethics Standards Coalition publishes first set of ethics principles for built environment professionals.
British Antarctic Survey announces research station is to relocate 23km due to growing crack in the ice shelf.
A great example of mimetic architecture with the Fish Building of India.
Could e-bikes be a solution to congested and polluted urban centres?
Government publishes details of £500bn investment pipeline in infrastructure, described as the 'most comprehensive ever'.
Top of new skyscraper trimmed down by 30m to avoid interfering with City Airport flights.
A new concept unveiled to tackle the lack of sports facilities in inner cities.
'Open hand' designs revealed for a new entertainment complex in China.
Modernist architecture and its many international variations explained.
Work set to begin on 'one of America's greatest parks', which will be 10 times bigger than Central Park.
One of our most popular articles - RSHP's Mike Davies writes about the concept design process.