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Moisture resistant comprises of an oxidized gypsum core with water-repellent ingredients enclosed in and tightly bonded powerful paper liners. Such plasterboards are ideal for drying internal surfaces. This plasterboard has key considerations to moisture and water especially in comparison to other standard plasterboard types. Most plasterboards that are regarded moisture resistant have a special green face with a grey colour on the opposite side of the paper. This is also accessible in square and tapered edges. This is very light when it is needed in construction. It can also be readily obtained and installed. This is deemed to be one of the best plasterboards for fire protection purposes. This is decent for sound proofing, too. It is also perfect for high heat insulation.
The market is driven by an increasing application in the construction sector. Due to the central government's nudge for investment in infrastructure, the building industry has grown quickly to achieve financial growth , which in turn drives market growth. However, the lack of understanding among residential end-users and the limited inventory of plasterboard waste disposal facilities are likely to impede market development.
Based on the types, the market is classified into ordinary moisture-resistant plasterboards and locating point moisture-resistant plasterboards. Based on the application the market is classified into residential and non-residential. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Market Driver -
Increasing application in construction sector drives the market.
Key Market Restraint -
Lack of awareness among the manufacturers will restrict the market growth.
The global moisture resistant plaster boards market is fairly fragmented, with number of players operating in the global markets. Some of the key players in the global moisture resistant plaster boardsmarket includes Saint- Gobain, Gypsum Management and Supply, Boral Limited, National Gypsum Company, Etex Group, Fletcher Building Limited, Armstrong World Industries, Georgia Pacific Llc, Kanuf Gips, USG Corporation and others.
The global moisture resistant plaster boards market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market is dominated by the Asia Pacific . The Asia-Pacific region accounted for the largest share and is projected to grow at the fastest rate on the moisture resistant plasterboard due to the rapid rise in population explosion in these countries, along with the incoming new construction and maintenance activities in the coming years. North America holds a significant market share. Increasing awareness, along with increasing people's spending power in the US and Canada, has driven market growth in the North American regions. The increased emphasis on green building initiatives by the government to contain rising greenhouse gas afflictions in major cities in the country has contributed to the growth of the construction sector and henceforth giving a rise to the market growth. Europe holds a prominent share in the market owing to the presence of several manufacturing base in the region. The Middle East and the African region will be among the recent advances in regional industrial growth, particularly in the advancement of production facilities due to the presence of major oil and gas base in these regions. Latin America shows sluggish growth due to government interferences present in the region.
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