Dry Construction Market Synopsis
Dry Construction Market Size Was Valued at USD 125.74 Billion in 2023 and is Projected to Reach USD 195.92 Billion by 2032, Growing at a CAGR of 5.7% From 2024-2032.
The dry construction market encompasses a construction methodology that relies on prefabricated or pre-engineered building components, minimizing the reliance on traditional wet trades such as plastering and cementing.
- This innovative approach involves the use of materials such as metal, wood, or gypsum boards, often in conjunction with lightweight steel or aluminum frames. Notably, dry construction stands out for its efficiency, rapid project completion, and cost-effectiveness when compared to conventional wet construction methods.
- It has significant potential to reduce construction timelines. The off-site manufacturing of prefabricated components allows for easy transportation and swift assembly, resulting in expedited project delivery. Moreover, dry construction aligns with environmental sustainability goals by generating less waste and consuming fewer natural resources. Embraced across residential, commercial, and industrial sectors, dry construction offers adaptability and versatility, catering to diverse architectural styles and project requirements.
- The dry construction market is witnessing substantial growth as builders and developers increasingly recognize the advantages of this approach. The market's expansion is fueled by the growing demand for sustainable and efficient construction methods, as well as the imperative for timely project completion. Positioned at the forefront of evolving construction practices, the dry construction market is poised to shape the future of the industry by providing solutions that meet the demands of contemporary construction projects.
- A given graph shows the thriving trajectory of the global construction market is underscored by a conspicuous ascent, elucidated by the surging demand for dry construction methodologies. This notable growth trend in dry construction can be attributed to its inherent advantages, such as expedited project timelines, cost efficiency, and environmental sustainability. As the construction landscape evolves, stakeholders are increasingly turning to dry construction methods, which involve minimal water usage and offer enhanced precision. This paradigm shift reflects a strategic response to the burgeoning global construction market, where efficiency and sustainability have become pivotal considerations. In summary, the burgeoning dry construction sector aligns seamlessly with the upward trajectory of the global construction market, signifying a symbiotic relationship poised for continued expansion.

Dry Construction Market Trend Analysis
Growing demand for sustainable and lightweight construction
- The dry construction market is experiencing a notable surge in demand driven by a growing emphasis on sustainability in the construction industry. Developers and builders increasingly recognize the environmental impact of traditional construction methods and are turning to dry construction for its eco-friendly attributes. Prefabricated components, a hallmark of dry construction, are produced with greater precision off-site, minimizing waste and reducing the overall environmental footprint of construction projects. This heightened awareness and commitment to sustainability are key factors propelling the adoption of dry construction across diverse sectors.
- Traditional construction materials often contribute to heavy structures, leading to logistical challenges and increased energy consumption during transportation and installation. Dry construction addresses this issue by utilizing lightweight materials such as gypsum boards and aluminum frames. The result is not only more efficient construction processes but also structures that are more energy-efficient throughout their lifecycle. This demand for lightweight construction is reshaping industry dynamics, positioning dry construction as a frontrunner in meeting these evolving needs.
Development of new and innovative dry construction products and systems
- The dry construction market presents a compelling opportunity for the development of new and innovative products and systems. As the industry continually seeks sustainable and efficient building solutions, there is a growing demand for advancements in dry construction technologies. This opportunity extends to the creation of novel materials and systems that enhance the speed, flexibility, and environmental sustainability of construction projects. Innovations in lightweight yet durable components, energy-efficient insulation, and smart construction systems are poised to revolutionize the dry construction landscape.
- Market players are increasingly investing in research and development to capitalize on this opportunity. The introduction of cutting-edge dry construction products has the potential to redefine industry standards, offering builders and developers solutions that not only expedite construction processes but also align with increasingly stringent environmental regulations.
- The market's receptiveness to forward-thinking solutions creates a fertile ground for businesses to position themselves as leaders in delivering next-generation dry construction products, catering to the evolving needs of the construction industry. In this dynamic landscape, companies that seize the opportunity to pioneer innovative dry construction solutions stand to gain a competitive edge and contribute significantly to the industry's sustainable evolution.
Dry Construction Market Segment Analysis:
Dry Construction Market Segmented Based on Type, Material, System, and Application.
By Type, Supporting Framework segment is expected to dominate the market during the forecast period
- The supporting framework serves as the structural backbone for dry construction projects, providing the necessary stability and support for the installation of prefabricated components. Typically crafted from lightweight materials such as steel or aluminum, these frameworks contribute significantly to the overall efficiency and versatility of dry construction. As a crucial element, supporting frameworks are engineered to withstand structural loads while offering the flexibility to adapt to diverse architectural designs, making them indispensable in the realm of contemporary building solutions.
- These frameworks are designed to accommodate a wide array of prefabricated components, ranging from gypsum boards to metal panels. Their modular nature allows for rapid assembly and disassembly, facilitating quick adjustments and alterations during the construction process. This adaptability is particularly advantageous in meeting the evolving demands of construction projects where flexibility and ease of modification are paramount. As a result, the Supporting Framework segment stands out as a cornerstone in the dry construction market, providing the necessary infrastructure to realize diverse architectural visions efficiently.
By Material, the Plasterboard segment held the largest share of 45.3% in 2022
- The dry construction market has witnessed a pronounced dominance of the Plasterboard segment, capturing the largest share within the material category. Plasterboard, also known as gypsum board or drywall, is favored for its versatility and adaptability in constructing interior walls and ceilings. Its popularity stems from attributes such as fire resistance, sound insulation, and ease of installation, making it a preferred choice for diverse construction projects. The Plasterboard segment's significant market share underscores its widespread application across residential, commercial, and industrial sectors, reflecting the industry's reliance on this material for achieving both structural integrity and aesthetic appeal in modern construction endeavors.
- The leading position of the Plasterboard segment is further substantiated by its inherent versatility and performance credentials. Plasterboard serves as a lightweight and cost-effective solution for creating partition walls and enclosures, contributing to the efficiency of dry construction projects. Its acoustic and thermal insulation properties enhance the overall livability and energy efficiency of structures. As a material that aligns with contemporary construction trends, the Plasterboard segment's dominance in the dry construction market is a testament to its role in meeting the evolving demands for sustainable, high-performance building solutions.
Dry Construction Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast Period
- The dry construction market has witnessed remarkable growth and adoption, surpassing conventional building techniques. This on-site assembly of prefabricated building components, including gypsum boards, metal frames, and insulation materials, presents numerous advantages. Notably, dry construction offers a shorter construction period, reduced waste, and heightened environmental sustainability compared to traditional methods.
- In the Asia-Pacific region, rapid population development and urbanization, particularly in countries like China and India, have been pivotal factors driving the ascendancy of dry construction. The pressing need for swift and cost-effective construction methods, fueled by the demand for affordable housing options, positions dry construction as a compelling solution. Its capacity to significantly diminish construction timelines and costs aligns seamlessly with the region's dynamic development landscape.
- Furthermore, the Asia-Pacific region underscores a growing commitment to eco-friendly solutions and sustainability, amplifying the appeal of dry construction. As environmental concerns gain prominence, governments in the region are actively endorsing and enforcing policies that incentivize the use of dry construction methods. This rapid adoption reflects a strategic shift towards construction practices that balance efficiency with environmental responsibility, establishing dry construction as a cornerstone in shaping the future of building solutions across the Asia-Pacific.
Dry Construction Market Top Key Players:
- USG Corporation(US)
- CertainTeed Corporation (US)
- Armstrong World Industries (US)
- Knauf Insulation (US)
- James Hardie Industries plc (US)
- Saint-Gobain (France)
- CRH plc (Ireland)
- Kingspan Group plc (Ireland)
- Rockwool International A/S (Denmark)
- Nippon Steel Kowa Real Estate Co. (Japan)
- Kajima Corporation (Japan)
- Gyproc (India)
- Gyptech Systems Pvt Ltd (India)
- Boral Limited (Australia)
- CSR Ltd. (Australia)
- James Hardie Industries (Australia)
- BGC Pty Ltd. (Australia)
- Knauf Gypsum Co. Ltd. (China)
- Etex Building Products Pte Ltd. (Singapore)
- Kingspan (Thailand)
- Thai Gypsum Products Co., Ltd. (Thailand)
- SCG Building Materials Co., Ltd. (Thailand)
- PT Jayamurni Gypsum Indonesia (Indonesia)
- SCG Cement-Building Materials Co. (Thailand)
Key Industry Developments in the Dry Construction Market:
- In September 2023, Summit Materials, headquartered in Denver, recently announced its acquisition of Argos USA, a significant player in the cement industry, for $3.2 billion. This strategic move propels Summit Materials to the forefront as the fourth-largest cement producer in the U.S. market. With this acquisition, Summit Materials aims to fortify its presence in the construction materials sector, potentially reshaping the supply chain dynamics for dry construction materials across the nation. This consolidation underscores the company's commitment to expansion and market leadership, leveraging synergies and enhancing its competitive edge in the evolving landscape of the construction industry.
- In February 2023, Littlejohn & Co.'s acquisition of Ardurra Group, an engineering and design services firm, underscores sustained investor confidence in the construction sector's expansion prospects. This strategic move not only aligns with the market's upward trajectory but also reflects a broader trend of private equity firms recognizing the value and resilience of infrastructure-related businesses. The transaction signifies a bet on infrastructure development, driven by factors such as urbanization, aging infrastructure, and government spending initiatives. It highlights the industry's allure for investors seeking stable returns and long-term growth opportunities amidst evolving economic landscapes.
Dry Construction Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD125.74 Bn. |
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CAGR (2024-2032): |
5.7% |
Market Size in 2032: |
USD 195.92 Bn. |
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Segments Covered: |
By Type |
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By Material |
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By System |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the Report: |
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INTRODUCTION
RESEARCH OBJECTIVES
RESEARCH METHODOLOGY
RESEARCH PROCESS
SCOPE AND COVERAGE
Market Definition
Key Questions Answered
MARKET SEGMENTATION
EXECUTIVE SUMMARY
MARKET OVERVIEW
GROWTH OPPORTUNITIES BY SEGMENT
MARKET LANDSCAPE
PORTER’S FIVE FORCES ANALYSIS
Bargaining Power Of Supplier
Threat Of New Entrants
Threat Of Substitutes
Competitive Rivalry
Bargaining Power Among Buyers
INDUSTRY VALUE CHAIN ANALYSIS
MARKET DYNAMICS
Drivers
Restraints
Opportunities
Challenges
MARKET TREND ANALYSIS
REGULATORY LANDSCAPE
PESTLE ANALYSIS
PRICE TREND ANALYSIS
PATENT ANALYSIS
TECHNOLOGY EVALUATION
MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
Geopolitical Market Disruptions
Supply Chain Disruptions
Instability in Emerging Markets
ECOSYSTEM
DRY CONSTRUCTION MARKET BY TYPE (2016-2030)
DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
MARKET OVERVIEW
SUPPORTING FRAMEWORK
Introduction And Market Overview
Historic And Forecasted Market Size in Value (2016 – 2030F)
Historic And Forecasted Market Size in Volume (2016 – 2030F)
Key Market Trends, Growth Factors And Opportunities
Geographic Segmentation Analysis
BOARDING
DRY CONSTRUCTION MARKET BY MATERIAL (2016-2030)
DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
MARKET OVERVIEW
METAL
Introduction And Market Overview
Historic And Forecasted Market Size in Value (2016 – 2030F)
Historic And Forecasted Market Size in Volume (2016 – 2030F)
Key Market Trends, Growth Factors And Opportunities
Geographic Segmentation Analysis
WOOD
PLASTERBOARD
PLASTIC
OTHERS
DRY CONSTRUCTION MARKET BY SYSTEM (2016-2030)
DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
MARKET OVERVIEW
WALL
Introduction And Market Overview
Historic And Forecasted Market Size in Value (2016 – 2030F)
Historic And Forecasted Market Size in Volume (2016 – 2030F)
Key Market Trends, Growth Factors And Opportunities
Geographic Segmentation Analysis
CEILING
FLOORING
OTHERS
DRY CONSTRUCTION MARKET BY APPLICATION (2016-2030)
DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
MARKET OVERVIEW
RESIDENTIAL
Introduction And Market Overview
Historic And Forecasted Market Size in Value (2016 – 2030F)
Historic And Forecasted Market Size in Volume (2016 – 2030F)
Key Market Trends, Growth Factors And Opportunities
Geographic Segmentation Analysis
NON-RESIDENTIAL
COMPANY PROFILES AND COMPETITIVE ANALYSIS
COMPETITIVE LANDSCAPE
Competitive Positioning
DRY CONSTRUCTION Market Share By Manufacturer (2022)
Industry BCG Matrix
Heat Map Analysis
Mergers & Acquisitions
USG CORPORATION
Company Overview
Key Executives
Company Snapshot
Role of the Company in the Market
Sustainability and Social Responsibility
Operating Business Segments
Product Portfolio
Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
Key Strategic Moves And Recent Developments
SWOT Analysis
CERTAINTEED CORPORATION
ARMSTRONG WORLD INDUSTRIES
KNAUF INSULATION
JAMES HARDIE INDUSTRIES PLC
SAINT-GOBAIN
CRH PLC
KINGSPAN GROUP PLC
ROCKWOOL INTERNATIONAL A/S
NIPPON STEEL KOWA REAL ESTATE CO.
KAJIMA CORPORATION
GYPROC
GYPTECH SYSTEMS PVT LTD
BORAL LIMITED
CSR LTD.
JAMES HARDIE INDUSTRIES
BGC PTY LTD.
KNAUF GYPSUM CO. LTD.
ETEX BUILDING PRODUCTS PTE LTD.
KINGSPAN
THAI GYPSUM PRODUCTS CO., LTD.
SCG BUILDING MATERIALS CO., LTD.
PT JAYAMURNI GYPSUM INDONESIA
SCG CEMENT-BUILDING MATERIALS CO.
GLOBAL DRY CONSTRUCTION MARKET BY REGION
OVERVIEW
NORTH AMERICA
Key Market Trends, Growth Factors And Opportunities
Key Manufacturers
Historic And Forecasted Market Size By Type
Historic And Forecasted Market Size By Material
Historic And Forecasted Market Size By System
Historic And Forecasted Market Size By Application
Historic And Forecasted Market Size By Country
USA
Canada
Mexico
EASTERN EUROPE
Key Market Trends, Growth Factors And Opportunities
Key Manufacturers
Historic And Forecasted Market Size By Segments
Historic And Forecasted Market Size By Country
Russia
Bulgaria
The Czech Republic
Hungary
Poland
Romania
Rest Of Eastern Europe
WESTERN EUROPE
Key Market Trends, Growth Factors And Opportunities
Key Manufacturers
Historic And Forecasted Market Size By Segments
Historic And Forecasted Market Size By Country
Germany
United Kingdom
France
The Netherlands
Italy
Spain
Rest Of Western Europe
ASIA PACIFIC
Key Market Trends, Growth Factors And Opportunities
Key Manufacturers
Historic And Forecasted Market Size By Segments
Historic And Forecasted Market Size By Country
China
India
Japan
South Korea
Malaysia
Thailand
Vietnam
The Philippines
Australia
New-Zealand
Rest Of APAC
MIDDLE EAST & AFRICA
Key Market Trends, Growth Factors And Opportunities
Key Manufacturers
Historic And Forecasted Market Size By Segments
Historic And Forecasted Market Size By Country
Turkey
Bahrain
Kuwait
Saudi Arabia
Qatar
UAE
Israel
South Africa
SOUTH AMERICA
Key Market Trends, Growth Factors And Opportunities
Key Manufacturers
Historic And Forecasted Market Size By Segments
Historic And Forecasted Market Size By Country
Brazil
Argentina
Rest of South America
INVESTMENT ANALYSIS
ANALYST VIEWPOINT AND CONCLUSION
Recommendations and Concluding Analysis
Potential Market Strategies
Dry Construction Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD125.74 Bn. |
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CAGR (2024-2032): |
5.7% |
Market Size in 2032: |
USD 195.92 Bn. |
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Segments Covered: |
By Type |
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By Material |
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By System |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the Report: |
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