Global Drywall Market to Reach 102 Billion Square Feet by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Drywall market. The world market for Drywall is projected to reach 102 billion sq. feet by the year 2015. This is primarily driven by increased construction activity in fast-emerging economies such as China and India, providing the impetus for growth in demand. Growing economies such as Vietnam, Indonesia and Thailand are also expected to contribute substantially to the demand for drywall in the future.

Drywall: A Global Strategic Business Report

Over the last few years, there has been a dramatic shift in market share in the global drywall demand, from the traditional economic powerhouses of North America, Europe and Japan, to the rapidly emerging economies of Asia Pacific and Latin America. This is evident from the fact that, back in 1995, US, Japan and Europe commanded an overwhelming 91% of the global drywall market; while the market share dipped sharply to 76% by the year 2008. This situation resulted despite the tremendous construction boom between 2005-2007 in the US, signifying that the emerging economies increased their demand at a much faster pace. China has been the chief beneficiary of this trend, and the drywall industry in China has experienced a double-digit growth in both production and capacity expansion over the period 2005-2008, despite a very low rate of capacity utilization.

The United States dominates the global drywall market as stated by the new market research report on drywall. But Asia Pacific is all set to move ahead of the US in the forthcoming years. The post recession recovery for the drywall industry is expected to differ in the residential and commercial construction segments. While the commercial construction segment will recover faster, the residential commercial segment is expected to continue its lackluster performance further into the future.

Key players profiled in the report include American Gypsum Company, Armstrong World Industries, Inc., BNBM Public Limited Company, Boral Limited, Chiyoda Ute Co., Ltd, Etex Group, Federal Gypsum Co., Georgia-Pacific LLC, Knauf Gypsum KG, Lafarge SA, National Gypsum Company, PABCO Gypsum, Saint-Gobain Group, Temple-Inland Inc., USG Corporation, Winstone Wallboards Ltd., and Yoshino Gypsum Co., Ltd., among others.

The report titled "Drywall: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and analytics in terms of volume for regions including the US, Canada, Europe, Asia-Pacific, and Rest of World.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Drywall_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com

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