New York, Global Joint Compound Market report from Global Insight Services is the single authoritative source of intelligence on Joint Compound Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A joint compound is a type of construction material that is used for finishing drywall joints and corners in new drywall installations. It is also known as drywall compound, joint cement, or mud. A joint compound is a white powder that is mixed with water to form a putty-like consistency. It is applied to drywall joints with a putty knife or trowel and then allowed to dry. Once dry, the joint compound can be sanded smooth and painted over.
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Key Trends
The key trends in joint compound technology are better adhesion, improved workability, and reduced shrinkage.
Adhesion has been improved through the use of new binders and fillers that better anchor the joint compound to the wall surface. This gives the joint compound greater strength and durability, allowing it to better withstand the stresses of sanding and painting.
Workability has been improved through the use of new additives that make the joint compound easier to spread and smoother to sand. This makes the joint compound easier to work with and results in a better-finished product.
Shrinkage has been reduced through the use of new binders and fillers that reduce the amount of water that is released during the drying process. This results in a joint compound that is less likely to crack or crumble and provides a better-finished product.
Key Drivers
The key drivers of the Joint Compound market are the increasing demand for ready-to-use joint compounds, the growing construction industry, and the increasing popularity of do-it-yourself projects.
The increasing demand for ready-to-use joint compounds is driven by the growing construction industry. The construction industry is growing due to the increasing population and the growing economy.
The increasing popularity of do-it-yourself projects is also driving the demand for joint compounds. Homeowners and renters are increasingly doing their own renovations and repairs.
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Market Segments
The joint compound market is segmented by type, application, end-user, and region. By type, the market is segmented by ready mix, setting, and drying. Based on application, it is bifurcated into new construction, and refurbishments. On the basis of end-user, it is divided into residential construction, commercial construction, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global joint compound market includes players such as USG Boral, DAP Products Inc., Solid Products Inc., ProForm Finishing Products LLC, Compagnie de Saint-Gobain S.A., Freeman Products Inc., Supermastick S.A.S, Hamilton Drywall Products, ASG Plaster, India Gypsum Pvt. Ltd., and others.
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