Market Research Future (MRFR) studied the global Fluidizers in Plasterboard Market 2022 for the assessment period till 2024. As per MRFR assessment, the fluidizer in plasterboard market is expected to rise at 5.42% CAGR during the review period. By 2024, the fluidizer in plasterboard market value can touch USD 445.4 Mn.
Drivers and Restrains Impacting Fluidizers in Plasterboard Market
The upsurge of the global fluidizers in the plasterboard market can be attributed to the growth dynamics of the construction industry. The residential housing market is experiencing significant growth fueled by the increment in disposable income of the middle-class people, low-interest rates on a home loan, as well as a rise in migration. The surge in residential construction has resulted in the expansion of the global construction industry, which, in turn, is likely needed for various construction materials. In addition, governments across the world are focused on the development of green buildings to achieve better energy efficiency and control emissions released during buildings activities. This is likely to boost the need for fluidizers in plasterboard in the years ahead, thus can favor expansion of the fluidizers in the plasterboard market.
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Rise of sectors, such as; IT, BFSI, and Telecom others can contribute to the expansion of the market. The rise in the number of special economic zones (SEZs) across emerging economies and shifting focus to the construction of green buildings to achieve energy-efficient architecture can prompt the market rise. Easy installation and affordability of fluidizer in plasterboard can make them a perfect substitute for plaster that can influence the market expansion. In addition, less need for water in the creation of plasterboards have proved effective in boosting workability and durability, as well as increasing strength of the end product. Alongside, low operating cost and eco-friendly advantages of fluidizers in plasterboards can offer higher profit margins to markers and open new growth scope in the emerging markets across the world. Government’s initiatives towards the safety of environment can add to the impetus of the fluidizer in plasterboard market.
Segment Analysis of Fluidizers in Plasterboard Market
The global fluidizer in plasterboard market’s segment evaluation is done on the basis of chemistry, application, form, and end use.
The form-based segments of the global market of fluidizers in plasterboard is studied for liquid, and powder or granules. The segment of liquid can secure the largest share of the market and register a 6.06% CAGR through the analysis term. Liquid fluidizers are commonly used in fluidizers in plasterboard applications due to the ease of performance and workability. Further, the increasing growth of the segment can be attributed to the surge in demand for liquid polycarboxylates in different applications owing to high-performance characteristics.
The chemistry-based segments of the global market of fluidizers in plasterboard are naphthalene sulfonates, lignosulphonates, polycarboxylates, and melamine sulfonates. The segments of polycarboxylates and naphthalene sulfonates segment are collectively accounted for market share above 80% by 2024. Polycarboxylates is expected to register the highest growth pace over the forecast term that can be attributed to the eco-friendly nature and high-performance benefits.
The application-based segments of the global market of fluidizers in plasterboard market are insulated, moisture resistant, fire resistant, damp proof, and sound insulation among others. The segment of insulated can rise at a 5.76 % CAGR over the assessment period. As per MRFR review, the segment of fire protection is expected to register a CAGR of 6.02% and churn-up revenue more than USD 101.5 Mn by 2024.
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Regional Analysis of Fluidizers in Plasterboard Market
By region, the global market of fluidizers in plasterboard is assessed for North America, Asia Pacific, Europe, the Middle East Asia and Africa, and Latin America.
According to MRFR analysis, the fluidizers in plasterboard in the Asia Pacific region can dominate the worldwide market. China accounted for greater share of the market over other regions in the Asia Pacific fluidizers in plasterboard market. APAC market can register a 5.42% CAGR over the review period.
Market Players of Fluidizers in Plasterboard Market
INTESA Holding S.p.A. (Italy), GIOVANNI BOZZETTO S.p.A., (Italy), PCC Group (Germany), Geo Specialty Chemicals, Inc. (US), HUBEI AGING CHEMICAL CO., LTD (China), CHRYSO SAF (PTY) Ltd (South Africa), Kao Corporation (Japan), Chemanol (Saudi Arabia), KMT Polymers (Turkey), Polyplast JSC (Russia), Handy Chemicals (U.S.A.) Ltd (Canada), and 3D RESOURCES SDN. BHD (Malaysia) are some key companies in the global marketers in the fluidizers in plasterboard market that are profiled by MRFR.
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