Published on: July 28, 2021
The gypsum plaster market will register steady growth during 2021-2025. The market is categorized under the commodity chemicals industry that was valued at $2,269.45 billion in 2020.
Saint-Gobain S.A., Knauf Gips KG, Global Gypsum Company Ltd., Escayescos, SL, and USG Corporation are some of the major gypsum plaster vendors.
The gypsum plaster market forecast provides a comprehensive analysis on the market based on end-user (residential and non-residential) and geography (North America, Europe, APAC, Latin America, and Middle East and Africa).
The report also provides a country-level analysis with insights on the demand for gypsum plasters in key countries.
The market is quite competitive. With favorable conditions for growth, the level of competition among companies will intensify further.
The booming construction sector in APAC, is anticipated to have a major impact on the demand for gypsum plasters. Additionally, key gypsum plaster market trends, such as the new engineering and construction techniques will also influence its demand during the forecast period.
However, the demand will remain lower due to restricted transportations and construction projects and this will pose as a major challenge for vendors.
Some of the key gypsum plaster market vendors covered in this report include:
Vendors are focusing on new growth strategies to survive in this competitive market and increase their market share.
With a detailed analysis of the competitive environment, the report will help companies identify growth opportunities and factors that will obstruct their market entry in different regions.
Covering key aspects including business expansions, collaborations and partnerships, and entry barriers for new players, this report will help vendors identify new growth opportunities and design strategies before venturing into new product and service segments. The report also provides details on market challenges that will restrict market growth.
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