Market Highlights
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.
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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