Joint Compound Market in Supply Chain Market is set to Boom Worldwide at a CAGR of 4.20% by 2029

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Data Bridge Market Research analyses that the joint compound market is expected to undergo a CAGR of 4.20% during the forecast period

The joint compound market is expected to undergo a CAGR of 4.20% during the forecast period. This indicates that the market value, which was USD 1,875.60 million in 2021, would rocket up to USD 2,606.65 million by 2029

A joint compound, often referred to as "drywall compound" or "mud," is a versatile building material used in the construction and finishing of walls and ceilings, particularly in drywall installation. It is a crucial component of the finishing process and helps create smooth and seamless surfaces.

  • In this swiftly revolutionizing industry, market research or secondary research is the best approach to collect the information quickly, and hence the market research report is vital.
  • The joint compound market report lends a hand to stay up-to-date about the entire market and also puts forward a holistic view of the market.
  • This market report analyses the market status, growth rate, future trends, market drivers, market restraints, key opportunities, challenges, market risks, entry barriers, sales channels, distributors, and Porter's Five Forces Analysis.

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Joint Compound Market Analysis and Size

The market for joint compounds has grown steadily over the years. Although the market has witnessed a huge demand drop in 2020 as a result of the epidemic. However, owing to their frequent use in the residential sector for various construction purposes, the market has accelerated. Additionally, the various growth strategies adopted by manufacturers is also anticipated to have a positive impact on the market for these compounds over the forecasted timeline.

Data Bridge Market Research analyses that the joint compound market is expected to undergo a CAGR of 4.20% during the forecast period. This indicates that the market value, which was USD 1,875.60 million in 2021, would rocket up to USD 2,606.65 million by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Global Joint Compound Market Scope

The joint compound market is segmented on the basis of product and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Lightweight
  • Conventional

End User

  • Residential-
  • Commercial
  • Industrial

 

Joint Compound Market Regional Analysis/Insights

The joint compound market is analysed and market size insights and trends are provided by country, product and end user as referenced above.

The countries covered in the joint compound market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Applications

Taping and Bedding: Joint compound is used for taping and bedding drywall joints. It is applied over paper or fiberglass tape to cover and reinforce the seams and corners where sheets of drywall meet. This process creates a seamless surface on which to apply paint or wall coverings.

Mudding and Taping Drywall: Joint compound is applied over screw or nail indentations, ensuring that they are flush with the drywall surface. After the initial coat, several additional coats are applied to create a smooth, even finish.

Corner Bead: Joint compound is used to cover and smooth the metal or plastic corner bead, which protects the corners of walls. This helps create a rounded or beveled edge that is easier to paint and less prone to damage.

Drywall Repair: Joint compound is used for patching and repairing holes, cracks, and other minor imperfections in drywall surfaces. It can be used to fill nail holes, small dents, or damage from furniture or impacts.

Competitive Landscape and Joint Compound Market Share Analysis

The joint compound market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to joint compound market.

Key players

Some of the major players operating in the joint compound market are:

 

USGKnauf (Malaysia)

DAP Global Inc. (U.S.)

Solid Products, Inc. (U.S.)

National Gypsum Services Company (u.S.)

Saint-Gobain (France)

Hamilton Drywall Products (U.S.)

ASG Group (Australia)

India Gypsum Pvt. Ltd (India)

Chiyoda UTE Co. Ltd (japan)

Knauf Gips KG (Germany)

Etex Group (Belgium)

Holcim (Switzerland)

YOSHINO GYPSUM CO., LTD (Japan)

Mada Gypsum (Saudi Arabia)

ZAWAWI MINERALS LLC (Oman)

Gypsemna Co LLC (UAE)

Global Mining Company (Oman)

Gulf Gypsum Industrial (UAE)

VANS Gypsum (India)

Osman Group (Bangladesh)

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MAJOR TOC OF THE REPORT

https://www.databridgemarketresearch.com/toc/?dbmr=global-joint-compound-market

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Joint Compound Market

Get TOC Details

https://www.databridgemarketresearch.com/toc/?dbmr=global-joint-compound-market

 

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