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NEW YORK, April 6, 2021 /PRNewswire/ --
The plasterboard market in APAC set to grow by USD 2.94 billion, progressing at a CAGR of over 8% during 2021-2025. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Plasterboard Market in APAC by End-user and Geography - Forecast and Analysis 2021-2025
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BGC (Australia) PTY Ltd., China National Building Material Co. Ltd., Chiyoda Ute Co. Ltd., Compagnie de Saint-Gobain SA, Fletcher Building Ltd., Georgia-Pacific LLC, Knauf Gips KG, LafargeHolcim Ltd., USG Boral, and Yoshino Gypsum Co. Ltd. are some of the major market participants. Although the rapid urbanization coupled with rising construction activities will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.