Global Dry Construction Market – Industry Analysis and Forecast (2018-2026) – By Type, Application, End Use and Geography. Global Dry construction Market was valued US$ 66.80 Bn in 2017 and is expected to reach US$ 101.09 Bn by 2026, at a CAGR of 5.30 % during a forecast period
Dry construction systems offer various benefits over wet construction practices such as ease of installation, decrease in construction time, better thermal and sound insulation, humidity resistance, and fire safety. Dry construction uses panels or boards fitted on metal structures to build walls includes interior and exterior segment, ceilings, windows, and other systems.
Governments in many countries are focusing on various initiatives for supporting the dry construction performs. The growing awareness of global warming and rising environmental concerns are booming the growth of the dry construction market. Consumers are opting eco-friendly techniques of construction, which is foremost to the improved use of dry construction materials. The growth of the dry construction market is directly associated with the growth of the construction industry. Furthermore, the high cost of dry construction materials and waste generated by the dry construction is producing disposal problems, which is expected to hinder the growth of the market further.
Supporting framework is expected to lead the global dry construction market. It is divided into two categories in the building construction, one is heavy-frame construction and another light-frame construction. Light-frame construction by standardized dimensional timber has become the dominant construction method in North America and Australia owing to the economy of the method. Nominal