Oct 7, 2020 12:38 PM ET
iCrowd Newswire – Oct 7, 2020
Gypsum Plaster Market:
WiseGuyReports.com adds “Global Gypsum Plaster Market Research Report 2020 Analysis and Forecast 2027” reports to its database.
Gypsum Plaster has been trending as a favoured choice over the conventional sand cement plaster. Also, it is gaining popularity owing to its distinctive characteristics such as light weight, easy applicability, quicker turnaround time and superior finish. With the advent of green building material , the market players are maintaining strategic focus on the research and development of sustainable materials meeting the tightening green building regulatory framework, which is likely to support product launches in the gypsum- category. As gypsum plaster has emerged as a popular plastering choice among the construction companies and being used to plaster internal surfaces. Also, the key players are focusing on strategies such as product launch, innovation and merger & acquisition to sustain themselves amidst fierce competition. The growth of the market is attributed owing to the growth in the construction activities. According to International Construction Market Survey, the growth rate of construction industry globally in 2017 was estimated nearly 3.5% and it grew to 3.9% (approx.) in 2018. As a result, the utility of gypsum-free plaster would increase which would reinforce the growth of the market. However, availability of substitutes is hampering the growth of the market during the forecast period of 2020-2027.
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The regional analysis of global Gypsum Plaster market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region due to the rapid urbanization, increase in government initiatives to develop infrastructure and affordable housing projects, and rise in foreign direct investments (FDI). Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
USG Boral (India)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Regular Gypsum Plaster
Moisture Resistant Gypsum Plaster
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Gypsum Plaster Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
For further information on this report, visit – https://www.wiseguyreports.com/reports/5908830-global-gypsum-plaster-market-size-study-by-type
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