Drywall Textures Market - U.S. Emerges as Leading Market for Drywall Textures in North America

The drywall textures market in North America was valued at US$741.1 mn in 2014 and is projected to reach US$1.0 bn by 2024, expanding at a CAGR of 4.5% therein. In terms of volume, the market is expected to register a CAGR of 3.8% during the forecast period.

 

Albany, NY -- (SBWIRE) -- 11/21/2016 -- Drywall textures are easy to use applications that enhance visual attention while concealing wall and ceiling imperfections. Drywall can be finished in a wide range of textures. These include orange peel texture, knockdown texture, roll texture, sand texture, swirl texture, and skip trowel texture.

This study examines, evaluates, and forecasts the drywall textures market in North America in terms of volume (million square meter) and revenue (US$ Mn) from 2016 to 2024. Market numbers given in the report describe the demand for only textured drywall in North America, but not production or supply. Revenue has been derived by considering texture mud required for per square meter of drywall. The drywall textures report also examines numerous driving and restraining elements and their impact on the market during the forecast period.

The report provides detailed analysis of the drywall textures by key product, texture, mud, application, and end-user. It segments the market into key products that include regular drywall, moisture resistant drywall, fire resistant drywall, and others (soundproof, foil backed, etc.) It further segments the market into the following key textures: knockdown texture, orange peel texture, roll texture, sand texture, and others (popcorn, etc.). Additionally, the report segments the market into key mud that includes topping joint compound, all-purpose joint compound, and others (setting compounds, LITE drying compounds, etc.). Furthermore, it segments the market into key applications (walls, ceilings and others) and key end-users (residential, commercial, and nonresidential).

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The report also segments the market based on major countries into the US and Canada. It further provides volume and revenue for each product, texture, mud, application and end-user segment for each country.

Based on the product, texture, and mud, the report evaluates the attractiveness of each section with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain, from raw material producers to end-users.

The report includes an outline of the market share of key companies operating in the drywall textures market in North America. Market share of companies has been derived on the basis of production by manufacturers of drywall textures. Key market players profiled in the study include Graco Inc., 3M, Knauf Gips KG, The Sherwin-Williams Company, USG Corporation, Artisan Textures and Drywall, Inc., Muddy Boys, Inc, PABCO Gypsum, Hamilton Drywall Products, LS Drywall Inc and Shikoku International Corporation. Companies need to achieve economies of scale to remain competitive. They need to have easy access to distribution channels in order to ensure their products reach consumers. Expansion of product portfolio is another strategy to enhance growth. Market players are focusing on export markets, as these offer higher margin and a better bottom-line growth.

Profiles of key companies encompass vital parameters such as financial overview company overview, business strategy, and recent developments.

Primary research represents the majority of our research efforts, augmented by extensive secondary research. We reviewed key players' annual reports, product literature, press releases, and relevant documents for competitive investigation and market understanding. Secondary research also includes a search of technical writing, recent trade, Internet sources, and statistical data from government websites, trade associations, and agencies. This has demonstrated to be the most dependable, effective, and productive approach for procuring accurate market data, distinguishing business opportunities, and understanding industry participants' perceptions.

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Secondary research sources typically include corporation websites, broker reports, financial reports, external patented databases, stockholder presentations, Securities & Exchange Commission filings and relevant regulatory databases, proprietary databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market. Secondary sources referred for this study include Walls & Ceilings Magazine, The Gypsum Association, ICIS chemical business magazine, investor presentations, company annual reports, Hoover's, and Factiva.

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