The Global Fluidizers in Plasterboard Market is estimated to be
valued at USD 445.4 Million by 2024, registering a CAGR of 5.50%.
The growth of the global fluidizers in plasterboard market is
driven by the growing construction industry.
The residential housing market is witnessing significant growth
fueled by the rising disposable income of the middle-class population,
low-interest rates as well as a high level of net migration. The increase in
residential construction has resulted in the growth of the construction
industry, which is expected to fuel the demand for various construction
materials. Additionally, the governments across the globe are focusing on
constructing green buildings to achieve energy efficiency and control the
emissions released while maintaining the fixed appropriate temperature within
the buildings, this is expected to boost the demand for fluidizers in
plasterboard during the forecast period.
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Segment
Analysis
The global fluidizers in plasterboard market has been segmented on
the basis of form, chemistry, application, end use, and region. On the basis of
form, the global market has been divided into liquid, and powder/granules. The
liquid segment held the majority market share in 2018 and is expected to
register 6.06% CAGR during the review period. Liquid fluidizers are the most
commonly used foam type in fluidizers in plasterboard applications owing to
ease of workability and performance. Furthermore, the high growth of the
segment is attributed to the increasing demand for liquid polycarboxylates in
various applications owing to the high-performance characteristics.
Based on chemistry, the global market has been divided into
naphthalene sulfonates, polycarboxylates, lignosulphonates, and melamine
sulfonates. The naphthalene sulfonates and polycarboxylates segments
collectively accounted for more than 80% market share in 2018. Polycarboxylates
is expected to register highest growth during the forecast period. The high
growth of the segment is attributed to its high performance and eco-friendly
nature.
Based on application, the global market has been divided into
insulated, fire resistant, moisture resistant, sound insulation, damp proof,
and others. The insulated segment accounted for the largest market share in
2018 and is expected to register 5.76 % CAGR during the forecast period.
However, the fire protection segment is expected to exhibit a CAGR of 6.02% to
reach USD 101.5 million by the end of 2024.
Market
Players
INTESA
Holding S.p.A. (Italy), PCC Group (Germany), GIOVANNI BOZZETTO S.p.A., (Italy),
HUBEI AGING CHEMICAL CO., LTD (China), Geo Specialty Chemicals, Inc. (US), Kao
Corporation (Japan), CHRYSO SAF (PTY) Ltd (South Africa), KMT Polymers
(Turkey), Chemanol (Saudi Arabia), Handy Chemicals (U.S.A.) Ltd (Canada),
Polyplast JSC (Russia), and 3D RESOURCES SDN. BHD (Malaysia) are some of the
key players operating in the global market.
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Regional
Analysis
The
global fluidizers in plasterboard market, by region, has been segmented into
North America, Europe, Asia-Pacific, Latin America, and the Middle East &
Africa.
As per
MRFR analysis, Asia-Pacific dominated the global fluidizers in plasterboard
market and is estimated to be the fastest growing market during the forecast
period. China accounted for more than half of the value share in Asia-Pacific
fluidizers in plasterboard market in 2018 and is projected to register a CAGR
of 7.09% during the forecast period. North America accounted for the second-largest
market share of 29.7% in 2018 and is expected to register 5.42% CAGR during the
review period. On the account of increasing construction spending in Middle
East & Africa, the demand for fluidizers in plasterboard market is expected
to grow during the forecast period.
Key
Findings of the Study:
·
The global fluidizers in plasterboard
market is projected to reach over USD 445.4 million by 2024 at a 50% CAGR
during the review period of 2019 to 2024.
·
Lead by China, Japan, and India, the
Asia-Pacific market is estimated to dominate the global market during the
forecast period.
·
The naphthalene sulfonates followed
by polycarboxylates chemistry segment is projected to dominate the market
during the forecast period.
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