A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Gypsum
Plaster
Market. The
study, titled “Gypsum
Plaster Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Recently,
the construction sector witnessed a number of new technologies, new
trends, and innovations across all applications. This has augmented
the construction industry, providing higher performance. Gypsum
plaster is a modern-day solution replacing the old method of surface
plastering using sand cement. Gypsum surface plaster has caught
attention and gaining popularity for the last few years, owing to its
excellent and unique properties. Gypsum plaster has excellent
insulation properties and it can provide both thermal and acoustic
insulation. In addition, it offers impact resistance and protection
against fire, moisture, and vapors. Incorporation of gypsum plaster
during construction activities results in minimum curing time and
aids in faster construction, reduction in the POP cost, and reduction
in electricity bills; as gypsum plaster keeps houses cool during
summers and hot during winters due to its low thermal conductivity.
Browse
Market Research Report @
Based
on plaster system, the gypsum plaster market can be segmented into
machine-applied plaster, manually applied plaster, finishes, and
others. Machine-applied plaster is a leading segment of the gypsum
plaster market, followed by the finishes segment. The trend is
expected to continue during the forecast period. Based on raw
material, the market can be segmented into natural gypsum and
synthetic gypsum. The synthetic gypsum segment dominates the market
and is expected to expand significantly during the forecast period.
Based on end-user, the market can be segmented into residential and
non-residential. Demand for gypsum plaster in the residential sector
is projected to increase during the forecast period, due to the
rising demand for housing in urban areas across all regions.
Furthermore, demand for gypsum plaster in the non-residential sector
is also likely to increase in the near future, due to rising
non-residential construction activities in Middle East & Africa.
Rising expenditure on modern construction materials is anticipated to
drive the gypsum plaster market during the forecast period.
Rise
in demand for an alternative plaster material in the cement
manufacturing industry and preference for repairing the existing
infrastructure rather than constructing the new one are some of the
key factors likely to boost the gypsum plaster market during the
forecast period. Conventional plastering methods such as sand cement
plastering require water curing for long duration and involve crack
formation due to high heat of hydration. As compared to sand cement
plastering, gypsum plastering requires less curing time and does not
involve crack formation. Furthermore, being light in weight and
possessing low thermal conductivity, it aids in decreasing the
structural load of building, thereby saving on the energy cost. These
all features raise the demand for gypsum plaster in the construction
industry and among consumers. However, gypsum plaster is more
expensive than cement or cement lime plaster. Being slightly soluble
in water, it is not suitable for exterior finishes. These are some of
the factors estimated to hamper the growth of the market during the
forecast period. However, continuous research and development
activities in the field of plaster formulation and material science
are likely to create new opportunities for manufacturers operating in
the gypsum plaster market.
In
terms of region, the global market for gypsum plaster can be
segmented into North America, Latin America, Asia Pacific, Europe,
and Middle East & Africa. North America is anticipated to be the
leading market for gypsum plaster in the near future. The rise in
construction activities, particularly in rebuilding and renovation,
and the consequent rise in demand for plasterboards are factors
estimated to propel the demand for gypsum plaster during the forecast
period. The building & construction industry in Asia Pacific is
expanding significantly, due to rapid urbanization in countries such
as China and India. This, in turn, is boosting the market for gypsum
plaster. Rise in demand for residential houses in countries such as
Germany and France is also driving the demand for gypsum plaster in
these countries. Major companies manufacturing cement concrete are
focusing on cost-saving and development of high-performance plaster
products. Companies are adopting strategies such as partnerships,
joint ventures, and mergers and acquisitions in order to raise their
market share and extend the distribution network. Furthermore,
product innovations and rising expenditure on the infrastructure
development in different developing countries are a few other factors
augmenting the global gypsum plaster market.
Get
accurate market forecast and analysis on the Gypsum Plaster market.
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market@
Key
players operating in the global gypsum plaster market include
BUILDON, Saint Gobain, Zahid Group, Grenzebach Group, and Knauf Gips
KG.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
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and analyze information.
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research techniques in developing distinctive data sets and research
material for business reports.
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