Industry Background:
Gypsum Concrete is a material used in building construction as a floor underlayment for sound reduction, radiant heating, floor leveling, and fire ratings. It comprises mainly of Gypsum plaster, Portland cement, and sand. Additives like Polyvinyl Chloride is added to prevent the surface of the concrete from becoming dustyThis growth is primarily driven by Growth in the Number of Residential Constructions Requiring Light Weight, Fire Resistant and Sound Absorbing Construction Materials and Rapid Urbanization Owing to Increase in Population and Rise in Disposable Income.
Globally, a noticeable market trend is evident Easy Home Loan Services and Government Initiatives Supporting Expansion of Real Estate Industry. Major Vendors, such as Warmboard Inc. (United States), Hacker Industries (United States), Janes Gypsum Floors Inc. (United States), Maxxon Corporation (United States), Formglas Products Ltd. (Canada), Harrison Gypsum (United States), USG Corporation (United States), Ardex Group (Germany), Mapei (Germany), PT Siam-Indo Gypsum Industry (Indonesia), Accu-Crete (United States) and Taishan Gypsum (China etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In April 2019, Knauf Completed the Acquisition of USG Corporation, Creating the World’s Largest Gypsum Company by Combining the Two Companies
Market Drivers
- Growth in the Number of Residential Constructions Requiring Light Weight, Fire Resistant and Sound Absorbing Construction Materials
- Rapid Urbanization Owing to Increase in Population and Rise in Disposable Income
Market Trend
- Easy Home Loan Services and Government Initiatives Supporting Expansion of Real Estate Industry
Restraints
- The unsuitability of Gypsum Concrete for Moisture-Laden Areas like Bathroom, Kitchens, Balconies and Damp Basements
Opportunities
There is an Increased Opportunity for the Market Expansion for Gypsum Concrete for Floor Underlayment Expansion in Growing Economies like India, China, and Brazil and Increased Usage of Gypsum Concrete Especially In North America and Europe, Creates Prospects for the Manufacturers to Cater to the Increasing Demands for Gypsum Concrete
Challenges
Gypsum Concrete Can Only Be Used In the Interiors of the Building and Unawareness about the Gypsum Concrete in Many Locations Worldwide
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Gypsum Concrete Study Sheds Light on
The Gypsum Concrete Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Gypsum Concrete industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Gypsum Concrete industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.