Freedonia In The News

Article Title: Survey: Construction Executives See Industry Remaining Flat Through 2013
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Publication: AWCI, 10/1/2012
Freedonia Study: World Drywall & Building Plaster (2924)

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Worldwide sales of drywall are forecast to expand 8.6 percent per annum through 2016 to nearly 10.7 billion square meters, a massive improvement over the 2006–2011 pace. Following recent severe losses between 2008 and 2011, drywall demand is expected to rebound sharply in North America and Western Europe. The East European market will also improve. While advances in the Africa/Mideast region, Asia/Pacific region and Central and South America are projected to decelerate slightly through 2016, each of these regions is still expected to record impressive growth. These and other trends are presented in "World Drywall & Building Plaster,” a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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Article Title: ‘Massive’ Growth Forecast for Drywall
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Publication: Durability & Design, 9/17/2012
Freedonia Study: World Drywall & Building Plaster (2924)

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Nearly 70% of additional drywall demand generated between 2011 and 2016 will come from China and the United States, the study finds. Product sales in the U.S. are projected to grow more than 12% per year during this period, after sharp declines between 2008 and 2011, the report said. Gains will also come from rapid increases in nonresidential construction spending. In China, demand for drywall is forecast to grow nearly 12% per year through 2016, fueled by growth in residential and nonresidential construction activity, the report adds.
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Article Title: Drywall, plaster sales to rise worldwide
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Publication: Home Channel News, 9/7/2012
Freedonia Study: World Drywall & Building Plaster (2924)

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Nearly 70% of additional drywall demand generated between 2011 and 2016 will be attributable to China and the U.S., Freedonia forecasted. Sales of drywall and plaster products in the U.S. are projected to grow over 12% per year during this period. After declining sharply between 2006 and 2011, the amount of new residential floor space in the country is expected to increase at a double-digit pace. Rapid nonresidential building construction spending gains are also expected to stimulate growth in the U.S. market. In China, demand for drywall is forecast to grow nearly 12% per year through 2016.
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Article Title: Can a U.S. Wallboard Maker Finally Make It Big in Asia?
By: Bob Hagerty
Publication: The Wall Street Journal, 10/17/2013
Freedonia Study: World Drywall & Building Plaster (2924)

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Wallboard has been widely available in China only since the late 1990s, according to a report from Freedonia Group, a Cleveland research firm. But Chinese companies have aggressively built capacity. Despite some problems with quality control, they dominate their home market and have become big exporters. By far the biggest of those Chinese wallboard producers is BNBM, a unit of China National Building Materials Group, according to Freedonia.
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