Market Research Reports Global Dry Construction Market Report 2019 | Page 2

segmented into Supporting framework, Boarding. Based on Material segment, the Dry Construction
Market is sub segmented into Plasterboard, Wood, Metal, Plastic and Others (glass and carpet). On
the Basis of System segment, the Dry Construction Market is sub segmented into Wall, Ceiling, Flooring
and Others (window, partition, and door system). Based on End Use Industry segment, the Dry
Construction Market is sub segmented into Residential, Commercial, Health care.
According to geography, APAC region is expected to dominate the Dry Construction Market, owing to
the rapid developments in the construction industry in economies such China, India and Indonesia.
The high population in the region along with the increasing construction activities is expected to drive
the growth of the market here. APAC will be followed by the North America and the Europe region.
Some of the major players that operate in the Global Dry Construction Market are Etex,
Armstrong, Saint Gobain, Fletcher building, CSR Ltd, Panel Rey, USG Boral, Xella Group, Knauf, Pabco
Gypsum.
Latest Industry Updates:
Fletcher Building CEO Ross Taylor said: “The divestment of Formica completes one of the key aspects
of the five-year strategy we announced in June 2018 to exit non-core International businesses. Our
strategy is to refocus Fletcher Building’s capital and capability behind our New Zealand and Australian
businesses, with building products and distribution at our core. “We are pleased to have completed
the Formica sale process ahead of schedule, which has been enabled by an effective collaboration
between the Broadview and Fletcher Building teams. We wish all Formica employees the very best
under the new ownership of Broadview.”
As previously disclosed, the agreed sale price of US$840 million is subject to certain deductions
(principally transaction costs and debt-like items retained in Formica) and a working capital
adjustment. As also disclosed, the Company hedged US$400 million of the expected sale proceeds in
December 2018 via a Forward Exchange contract at an NZD/USD exchange rate of 0.68. Based on a
preliminary estimation of the working capital adjustment, and the average exchange rate applicable
to the proceeds, the net sale proceeds are expected to be approximately NZ$1,185 million. This will
be subject to finalisation of post-completion accounting.
The report is a compilation of first-hand information, qualitative and quantitative assessment by
industry analysts, inputs from industry experts and industry participants across the value chain. The
report provides in-depth analysis of parent market trends, macro-economic indicators and governing
factors along with market attractiveness as per segments. The report also maps the qualitative impact
of various market factors on market segments and geographies.
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Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)