Plasterboard Market share by applications and regions for 2017- 2024

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Plasterboard Market share by applications and
regions for 2017- 2024
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• Overview

• Plasterboard Market size should witness
  significant gains over the forecast timeframe
  owing to the emergence of environment friendly
  construction techniques materials. Growth in
  consumer income, employment and modern retailing
  industry along with increasing demand for new
  refurnishing construction projects should
  factorize industry growth.
• Plasterboard are extensively used in commercial
  and residential frame construction like internal
  wall board and ceiling lining. It is a thin
  unbending gypsum core board compressed between
  two thick sheets of recycled paper.
• These materials cut down noise transmission
  across walls accumulates moisture from bathroom
  and kitchen depending on the additives used in
  the product.  
• Global construction spending should create growth
  opportunities for these products due to its
  positive application scope in construction
  sector. Low cost production, superior quality and
  ease of installation accompanied by development
  of advanced extrusion technology should drive
  plasterboard market size.

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• These products are accessible in two forms of
  squared edge and tapered edge, they offer
  disparate purpose along with different
  installation method. Tapered edge plasterboard
  market size should witness high gains owing to
  its low installation time and ease of
  maintenance.
• Consumer inclination towards luxury housing along
  with product desirability in housing systems
  should further propel demand.Stringent fire
  safety regulations and standard of materials to
  be used for building corporate offices, shopping
  centers, hospitals and institutions should drive
  product demand.
• Plasterboards offer good fire, impact, sound and
  moisture resistance to structures. Growing trend
  for safe sustainable construction methods using
  bio-based products should further bolster
  industry growth.
• Plasterboard market size from residential
  construction applications should offer high
  industry growth opportunity owing to various
  government initiatives in countries like India,
  Thailand, Malaysia, Brazil and Venezuela. The
  offer initiatives including Smart Cities,
  flexible housing loans, easy FDI norms, and
  increased spending on urban infrastructure
  development. Smart City initiative undertaken in
  India would require investment of over USD 150
  billion which should drive industry growth. 

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• 360 Analysis

• Manufacturers currently do not possess recycling
  systems and dispose-off production waste and used
  products in open areas which will have
  environment impacts along with hindrance in
  plasterboard market growth.
• Strict environmental regulations imposed by
  government and agencies should offer immense
  opportunity for manufacturers to invest in RD
  and produce environment friendly
  high-performance products. Plasterboard market
  price trend would depend on production price
  trends of gypsum.
• Countries importing gypsum might face danger of
  price increase along with high taxation regimes.
  Shortage of gypsum in global market could be
  neutralized by increased production capacity
  expansion in Oman and China attributing to its
  low labor wages and availability of raw
  material. 
• Asia Pacific led by Japan, India and South Korea
  plasterboard market size should witness
  significant gains during the forecast timeframe
  owing to rapid urbanization rate and increased
  spending on renovating shanty towns.
  Manufacturers are investing in capacity expansion
  to meet growing regional product demand.

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Competitive Trends

• The notable industries Glass Additives are
• Saint Gobain,
• Jason Group,
• Etex Group,
• Gyprock,
• Global Mining Company,
• Knauf Dubai,
• Ahlstrom Corporation

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