Gypsum Concrete Market to be at Forefront by 2024
Gypsum
concrete, the building material presently finding extensive usage for
use as floor underlayment in concrete and wood-frame constructions
owing to its fire resistant, radiant heating, and sound reduction,
light-weight nature, is rapidly becoming the preferred choice of
architects across the globe. The concrete is a mixture of Portland
cement, sand, and gypsum plaster. The ease of levelling, better
adhesion with the subfloor, and compression strength equal to that of
regular concrete are also working in favor of gypsum concrete.
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Report Overview @
In
this report, rich insights about the present state of the global
gypsum concrete market and its potential future growth dynamics are
included. The study analyzes the key factors that are expected to
have a sizeable influence on the future growth prospects of the
market. As such, factors such as the key drivers, challenges, present
and past trends, rules, regulations, policies, intensity of
competition, and potential opportunities are examined at global and
regional levels.
The
report presents the forecast on the basis of revenue (US$ mn/bn) and
volume (kilo tons) over the period between 2016 and 2024, with 2015
considered as the base year for research. The study presents a
detailed analysis of the value chain of the global gypsum concrete
market, wherein the reader is given a clear overview of the ways
companies operating in the market can create the most possible value
for customers and the further scope of improvement.
A
detailed Porter’s five forces analysis of the market is also
included in the report. This is expected to help the reader
understand the key forces that are shaping the competitive intensity
and thus the attractiveness of the global gypsum concrete market.
The
market is chiefly driven owing to the superior characteristics of
gypsum concrete structures, the rising demand for sound reducing
construction structures in lightweight construction projects, and the
increased demand for underfloor heating systems. The concrete still
finds primary usage in residential and commercial concrete and
wood-frame construction projects for floor underlayment.
However,
despite providing vast advantages to builders as well as residents in
a construction structure, the usage of gypsum concrete is still
vastly limited to countries in North America, especially the U.S.
Thus, the overall growth prospects of the market are largely
dependent on the growth dynamics of the North America construction
industry, which has witnessed slow growth in the past few years.
Nevertheless,
the market is expected to gain significant traction across regional
markets such as Europe and Asia Pacific over the report’s forecast
period owing to the surging demand for environment-friendly products
in the construction industries across these regions. The flourishing
construction industry in Asia Pacific is also expected to offer
promising growth opportunities for the gypsum concrete market.
The
report analyzes the gypsum concrete market from a geographical
perspective for regional markets such as North America, Europe, Asia
Pacific, and Middle East and Africa. Of these, the market in North
America is presently the leading demand generator for gypsum concrete
and is expected to retain its dominance over the forecast period as
well. Europe and Asia Pacific represent promising investment
destinations for the gypsum concrete market and are expected to
emerge as the key takers of the product in the next few years.
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The
report presents a thorough overview of the competitive landscape of
the global gypsum concrete market wherein the detailed business
profiles, data related to finances, growth strategies, and
involvement in activities such as mergers and acquisitions for the
key vendors in the market are discussed. Some of the key vendors in
the market are Hacker Industries Inc. and Maxxon Corporation.
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