Shift to Energy-efficient Products Spurring Growth Opportunities in the Plasterboard Market in the APAC Region

Reportstack has announced a new market research report on the Plasterboard Market in the APAC Region 2015-2019, which is expected to grow at a CAGR of 11.13 percent during the forecast period of 2014-2019.

The Plasterboard market in the APAC Region is growing phenomenally because of the economic recovery and rapid industrialization. Increased usage of plasterboards in commercial and residential buildings has made the Construction industry the largest end-user industry in the Plasterboard market in the APAC Region. Currently, cost-effective plasterboard sheets are available in various designs to suit the interior requirements of each type of construction.

“Customers are demanding products that not only serve the fundamental property of lining interior walls, but also increase the thermal efficiency of buildings,”.

“Plasterboards have a reduced impact on the environment because there is no extra requirement for cooling and heating of buildings.”

Key Market Drivers

Increase in Construction of Residential Buildings                              
Emerging Markets in APAC Region                                          
Cost Benefits                                                    
Strong Economic Growth in APAC Countries         

Key Market Trends

Advances in R&D for Product Development        
Shift to Energy-efficient Products                                                            
Industry Consolidation                 
Growth of Distribution Networks           

Key Market Vendors

BGC (Australia) PTY Ltd.
BNBM plc
Boral Ltd.
Chiyoda UTE Co. Ltd. 
PT Siam-Indo Gypsum Industry (SIGI)

To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

Complete report available @  Plasterboard Market in APAC 2015-2019.