Dry Construction is a method that refers to the utilization of innovation to minimize the use of water and the impact of concrete/cement on the environment. Instead of brickwork and plaster, this method emphasizes the utilization of dry lightweight materials such as metals, plastic, plywood, and plastered (microfiber board) while building the interior walls, ceilings and floors and the façades are made with ACP (Aluminium Composite Panels). This allows almost 10 times lighter construction, and extended carpet area saving up to 60% of the time in comparison with the traditional construction (brick & mortar).
Attributing to these advantages, Dry Construction is increasingly garnering popularity becoming a booming trend in the construction industry worldwide. Some of the key benefits of Dry Construction include cost, time & energy efficiency, superior sound attenuation, fire protection, and building mechanics creating a minimum construction waste. Besides this method offers ease of repairs, renovation and maintenance tasks. Owing to these factors, the Dry Construction Industry is garnering a huge prominence and demand perceiving outstanding growth on the global platform.
Acknowledging the kind of traction garnered by this market, Market Research Future recently published a study report. According to the report, Dry Construction Industry is projected to perceive a moderate growth by 2028 at a CAGR of 4.90% from 2017 to 2028.
Other factors that contribute to the market growth are rising industrialization & urbanization coupled with the improving economy worldwide that allows increasing purchase affordability. Also in most of the region's availability of favorable government policies pertaining to lowering the proportion of down payment for second house loans and exempting of sales tax for ordinary housing, which helped the recovery of the commercial housing market is positively impacting the market growth. Moreover, the rising demand for eco-friendly & sustainable construction coupled with government support fuels the demand of the Dry Construction Industry globally.
Conversely, there are one or two disadvantages of Dry construction that are hindering its market growth. Probably disadvantages are limited lifespan & safety in case of natural calamities, burglary, etc.; low or no thermal mass, etc.
Industry - Segmentation
For the convenience of understanding the report, the global Dry Construction Industry is segmented into 4 main dynamics.
By Type: Supporting Framework, Boarding, and others.
By System: Wall, Flooring, Ceiling, and others
By Material: Metal, Wood, Plastic and other.
By Regions: North America, Europe, APAC, and the Rest of the World.
Worldwide Competitive Outlook
Characterized by the presence of well-established and small players, the global Dry Construction Industry is highly competitive. Well-established players engage in acquisitions, collaborations, and technological launches in order to capture shares and maintain their status.
Etex (Belgium), Saint-Gobain (France), Xella Group (Germany), Georgia-Pacific (US), Radman's Building Services (Croatia), Knauf Gips KG (Germany), Beijing New Building Materials Public Limited Company (China), and USG Boral (Singapore). Dry Construction Limited (UK), PABCO Gypsum (US), Winstone Wallboards Limited (New Zealand), SIAMATRAS (Greece), and AWI Licensing LLC (Pennsylvania)
Dry Construction - Regional Analysis
The Asia-Pacific region is expected to dominate the Dry Construction Industry, owing to the rapid developments in the construction industry in economies such China, India and Indonesia. The high population in the region along with the increasing construction activities is expected to drive the growth of the market here. APAC will be followed by North America and the Europe region.
Browse the Complete Report: https://www.marketresearchfuture.com/reports/dry-construction-market-2846
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