Construction Dry Powder Market Trends and Forecast
The future of the global construction dry powder market looks promising with opportunities in the residential building and commercial building markets. The global construction dry powder market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are technological advancements in construction methods and materials, growing need for repair, retrofitting, and maintenance of aging infrastructure, along with rapid urbanization and infrastructure development.
• Lucintel forecasts that cement-based is expected to witness higher growth over the forecast period.
• Within this market, residential building is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Dry Powder Market
• United States: Several construction firms have announced increased investments in eco-friendly dry powder formulations to meet government sustainability targets set by the EPA.
• China: Key players like CNBM are expanding production capacities of dry powder materials to support the governmentÄX%$%Xs ambitious infrastructure development goals under the Belt and Road Initiative.
• Germany: Companies such as BASF are focusing on R&D to enhance the performance and fire resistance of dry powder additives, aligning with EU regulations on building materials.
• India: Government initiatives promoting affordable housing projects have spurred demand for cost-effective dry powder solutions, prompting local manufacturers like UltraTech to scale up production capacities.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Dry Powder Market by Segment
The study includes a forecast for the global construction dry powder market by type, application, and region.
Construction Dry Powder Market by Type [Value from 2018 to 2030]:
• Cement-Based
• Gypsum-Based
• Others
Construction Dry Powder Market by Application [Value from 2018 to 2030]:
• Residential Building
• Commercial Building
Construction Dry Powder Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Dry Powder Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction dry powder companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction dry powder companies profiled in this report include-
• J.K. Cement
• Meichao
• Nippon Paint
• Saint Gobain
• Dulux
• Ce Env Protection
• Walplast
Recent Development in the Construction Dry Powder Market
• LafargeHolcim: LafargeHolcim is investing in new production facilities to increase capacity for dry powder mortars and concretes, targeting the growing demand for pre-mixed construction materials.
• Saint-Gobain: Saint-Gobain is developing new lightweight dry powder formulations for improved building insulation and energy efficiency.
• BASF SE: BASF is focusing on research and development of self-healing dry powder concretes to improve the durability and sustainability of construction projects.
• Sika AG: Sika is expanding its product portfolio of specialty dry powder mortars for various applications, such as tile adhesives and waterproofing membranes.
• HeidelbergCement AG: HeidelbergCement is collaborating with construction technology startups to develop digital solutions for optimizing dry powder mixing and application processes.
Features of the Global Construction Dry Powder Market
Market Size Estimates: Construction dry powder market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction dry powder market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction dry powder market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction dry powder market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction dry powder market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for construction dry powder market?
Answer: The global construction dry powder market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the construction dry powder market?
Answer: The major drivers for this market are technological advancements in construction methods and materials, growing need for repair, retrofitting, and maintenance of aging infrastructure, along with rapid urbanization and infrastructure development.
Q3. What are the major segments for construction dry powder market?
Answer: The future of the global construction dry powder market looks promising with opportunities in the residential building and commercial building markets.
Q4. Who are the key construction dry powder market companies?
Answer: Some of the key construction dry powder companies are as follows:
• J.K. Cement
• Meichao
• Nippon Paint
• Saint Gobain
• Dulux
• Ce Env Protection
• Walplast
Q5. Which construction dry powder market segment will be the largest in future?
Answer: Lucintel forecasts that cement-based is expected to witness higher growth over the forecast period.
Q6. In construction dry powder market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction dry powder market by type (cement-based, gypsum-based, and others), application (residential building and commercial building), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Dry Powder Market, Construction Dry Powder Market Size, Construction Dry Powder Market Growth, Construction Dry Powder Market Analysis, Construction Dry Powder Market Report, Construction Dry Powder Market Share, Construction Dry Powder Market Trends, Construction Dry Powder Market Forecast, Construction Dry Powder Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.