Authored By: Sarah
19 Sep 2024

Latest News: North America Drywall Texture Market 2024-2028: Leading Growth and Trends in the Region

The Drywall Texture Market in North America is segmented by Type (Regular, Moisture resistant, Fire resistant, and Others), Application (Spray and Texture roller), and Geography (North America). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 72.08 million, at a CAGR of 4.55% during the forecast period. There are several companies that are contributing to the market as per this report. Increasing focus on organized retailing .

By Type, the Regular segment is projected to dominate the market size in 2024

In the North American market, the regular drywall texture segment maintains a significant market share despite the emergence of decorative alternatives. This segment's popularity is attributed to the widespread use of regular drywall, also known as whiteboard, for walls and ceilings in residential and commercial construction. The standard thickness for residential applications is 1/2 inch, with sheet sizes typically measuring 4' x 8'. For high ceilings, lengths of up to 16' are available. Regular drywall, which consists of gypsum sandwiched between two layers of paper, is commonly used due to its versatility.

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What is Driving the Growth in the Market in North America in 2024?

The increasing number of infrastructure and construction projects is the primary driver of market growth. In developed countries like the US, Canada, and Mexico, heightened construction activities are expected to boost demand for drywall textures. The US Census Bureau is issuing more licenses for new residential buildings due to rising demand for multifamily units and urban migration.

In Mexico and Canada, residential development is gaining momentum, supported by steady economic growth. The growing population and urbanization in these countries will further drive demand for residential housing, leading to increased construction. Consequently, the surge in infrastructure and construction activities is projected to propel market growth during the forecast period.

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Research Analysis Overview

The Drywall Textures market in North America is a significant segment of the home improvement industry, focusing on enhancing the visual appeal and functionality of ceilings and walls. Drywall textures offer various product features and functions, including topping joint compounds, mud, and adhesives, to create unique and attractive interior wall surfaces. Innovators in this field continue to push the boundaries with metal wall textures, which require mechanical attachment methods instead of traditional methods. Regular drywall and fire-resistant drywall are the primary substrates for texturing. Stringent building codes in North America necessitate the use of fire-resistant drywall in many applications. Local building codes dictate specific requirements for ceiling flaws and texture types, such as spray drywall textures like skip trowel, sand, swirl, knockdown, roll, and orange peel textures. These textures add character and value to interior spaces while ensuring compliance with safety regulations.

Market Research Overview

According to Technavio, the drywall texture market in North America is a segment of the broader global construction materials market, which encompasses companies and products associated with the manufacturing and provision of construction materials such as sand, clay, gypsum, lime, aggregates, cement, concrete, bricks, and other materials. The global construction materials market's size is determined by the combined revenue generated by the chemical, construction materials, containers and packaging, metals and mining, and paper and forest products industries. The expansion of the building and construction sector is a significant growth driver for the global construction materials market.

The Drywall Texture Market in North America is experiencing significant growth, fueled by the rising number of infrastructural and construction activities. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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