Joint Compound Market Insights & Growth Forecast – Key Trends, Drivers, and Future Outlook – MMR
Joint Compound Market Size and Growth Outlook:
Joint Compound Market was valued at USD 5.44 Bn in 2023 and is expected to reach USD 8.12 Bn by 2030, at a CAGR of 5.88 % during the forecast period.The United States held a significant market for joint compound market and the market growth is driven by ongoing residential construction activity, renovation projects, and commercial developments.
Joint Compound Market Overview:
The “Joint Compound Market” report delivers up-to-date insights to help decision-makers make well-informed investment choices. It offers a comprehensive analysis of the global Joint Compound Market, segmented by product type, application, key manufacturers, and major geographical regions.
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Joint Compound Market Scope:
This report examines growth opportunities, challenges, and market dynamics shaping the Joint Compound industry. Through Porter’s Five Forces analysis, it evaluates critical factors driving market trends, including supplier bargaining power and the competitive landscape.
Joint Compound Market Segmentation:
by Product
Ready-Mixed Joint Compound
Setting-Type Joint Compound
All-Purpose Joint Compound
Lightweight Joint Compound
by End User
Residential Construction
Commercial Construction
Industrial Construction
by Application
New Construction
Refurbishments
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Joint Compound Key Market Players:
The key players operating in the Joint Compound include:
North America
1. DAP Global Inc. (U.S.)
2. Solid Products, Inc. (U.S.)
3. National Gypsum Services Company (u.S.)
4.Hamilton Drywall Products (U.S.)
Europe
1. Saint-Gobain (France)
2. Etex Group (Belgium)
3. Holcim (Switzerland)
4. Knauf Gips KG (Germany)
Asia Pacific
1. USGKnauf (Malaysia)
2. ASG Group (Australia)
3. India Gypsum Pvt. Ltd (India)
4. Chiyoda UTE Co. Ltd (Japan)
5. YOSHINO GYPSUM CO., LTD (Japan)
6. VANS Gypsum (India)
7. Osman Group (Bangladesh)
Middle East & Africa
1. Mada Gypsum (Saudi Arabia)
2. ZAWAWI MINERALS LLC (Oman)
3. Gypsemna Co LLC (UAE)
4. Global Mining Company (Oman)
5. Gulf Gypsum Industrial (UAE)
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Joint Compound Market Regional Analysis:
The global Joint Compound has been analyzed across the following regions:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Russia)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia)
- Latin America (Brazil, Argentina, Colombia)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Impact of COVID-19 on the Joint Compound :
The COVID-19 pandemic has significantly affected the global Joint Compound Market, leading to disruptions such as:
- Flight cancellations and travel restrictions
- Quarantines and business closures
- Event cancellations and supply chain interruptions
- Stock market fluctuations and economic uncertainties
Key Questions Addressed in the Report:
- What are the emerging trends in the Joint Compound during the forecast period?
- What will be the market size of Joint Compound ?
- Which company holds the largest market share in the Joint Compound industry?
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