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:

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. DRY CONSTRUCTION MARKET BY TYPE (2016-2030)
   1. DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SUPPORTING FRAMEWORK
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. BOARDING
7. DRY CONSTRUCTION MARKET BY MATERIAL (2016-2030)
   1. DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. METAL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. WOOD
   5. PLASTERBOARD
   6. PLASTIC
   7. OTHERS
8. DRY CONSTRUCTION MARKET BY SYSTEM (2016-2030)
   1. DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. WALL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CEILING
   5. FLOORING
   6. OTHERS
9. DRY CONSTRUCTION MARKET BY APPLICATION (2016-2030)
   1. DRY CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. RESIDENTIAL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. NON-RESIDENTIAL
10. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
       1. Competitive Positioning
       2. DRY CONSTRUCTION Market Share By Manufacturer (2022)
       3. Industry BCG Matrix
       4. Heat Map Analysis
       5. Mergers & Acquisitions
    2. USG CORPORATION
       1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    3. CERTAINTEED CORPORATION
    4. ARMSTRONG WORLD INDUSTRIES
    5. KNAUF INSULATION
    6. JAMES HARDIE INDUSTRIES PLC
    7. SAINT-GOBAIN
    8. CRH PLC
    9. KINGSPAN GROUP PLC
    10. ROCKWOOL INTERNATIONAL A/S
    11. NIPPON STEEL KOWA REAL ESTATE CO.
    12. KAJIMA CORPORATION
    13. GYPROC
    14. GYPTECH SYSTEMS PVT LTD
    15. BORAL LIMITED
    16. CSR LTD.
    17. JAMES HARDIE INDUSTRIES
    18. BGC PTY LTD.
    19. KNAUF GYPSUM CO. LTD.
    20. ETEX BUILDING PRODUCTS PTE LTD.
    21. KINGSPAN
    22. THAI GYPSUM PRODUCTS CO., LTD.
    23. SCG BUILDING MATERIALS CO., LTD.
    24. PT JAYAMURNI GYPSUM INDONESIA
    25. SCG CEMENT-BUILDING MATERIALS CO.
11. GLOBAL DRY CONSTRUCTION MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Material
       5. Historic And Forecasted Market Size By System
       6. Historic And Forecasted Market Size By Application
       7. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
12. INVESTMENT ANALYSIS
13. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies