Building Products Market Anticipated To Reach US$ 49 Bn By 2025

Asia Pacific Region Poised to be the Most Opportunistic Region in the Global
Building Products Market
An exhaustive market evaluation put forth by Persistence Market Research on
building products (including drywall) market in its new research publication
“Building Products (Including Drywall) Market: Global Industry Analysis (20122016) and Forecast (2017-2025)” focuses on the impact of drivers, challenges,
restraints, trends and opportunities on the global market along with key player
analysis during the 2017-2025 period. An in-depth market segmentation is included
in the research report using which the value and volume analysis of various
categories is possible during the period of forecast across important geographies of
North America, Europe, Latin America, Asia Pacific (APAC) and Middle East and
Africa (MEA).
The global building products market is poised to reflect a moderate CAGR of 5.2%
during the period of forecast. It is expected to reach a value of around US$ 49 Bn by
the end of 2025 from a value of US$ 33.16 Bn in 2017. The global drywall market is
anticipated to register a steady growth rate and exhibit a CAGR of 4.2% during the
period of forecast, to reflect a value of US$ 27 Bn by the end of 2025 from a value of
US$ 18 Bn in 2017.
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Global plaster building products market is poised to grow at a CAGR of 5.3%
throughout the forecast period to reflect a value of about US$ 37 Bn by the end of
2025. Gypsum building plasters sub segment is expected to contribute to the growth
of the plaster building products market by reflecting a higher CAGR of 5.9%
followed by cement sub segment, which holds significant market share by revenue.
The gypsum segment has the highest market share thus witnessing dominance.
Global skim coats building products market is expected to reach a value of US$ 2.9
Bn by the end of 2025 with a CAGR of 6.5% during the forecast period. The polymer
sub segment is poised to reflect the highest growth rate to reach a CAGR of 7.3%
followed by gypsum and cement throughout the forecast period. Lime sub segment is
poised to witness sluggish growth throughout the forecast period.
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Global filling compound building products market is expected to reflect a volume
CAGR of 5.2%. The polymer sub segment is expected to reflect a volume CAGR of
5.7%, and is expected to be the fastest growing segment in terms of both value and
volume.
Global render building products market is poised to reach a value of about US$ 8.6
Bn by the end of 2025, with a high CAGR of 5.8% throughout the forecast period.
The cement sub segment is expected to be the fastest growing in the render building
products market to reflect a CAGR of 6.1% during the period 2017-2025, followed
by the polymer sub segment.
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Residential segment by end user is poised to be the fastest growing segment,
reflecting a CAGR of 5.7% during the forecast period and reaching a market value of
about US$ 24 Bn by the end of 2025, thus dominating the market.
Asia Pacific is the fastest growing region, also dominating the global market with
respect to market share. The APAC region is poised to reflect a higher growth rate to
register a CAGR of 6.2% during the forecast period. The region dominates the global
market with an estimated market value of about US$ 24 Bn by the end of 2025.
Persistence Market Research has analyzed all key tier companies involved in the
global building products (including drywall) market. Companies such as Akzo Nobel
N.V., PPG Industries, Inc., Sto SE & Co. KGaA, USG Corporation, Compagnie de
Saint-Gobain, China National Building Company Limited.
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