Thick-coat plaster market in Russia to expand to 120 million m² in 2014

Recently PMR conducted computer assisted telephone interviews among construction and renovation companies in Russia. Based on market shares obtained from the surveyed contractors and on the actual consumption of thick-coat plaster per finished square meter in the construction of new residential projects, which uses the bulk of these products, we estimate that in 2013 the total size of the thick-coat plaster market increased by 2% to about 118 million m² and is set to expand further by 1.7% in 2014. This year’s survey showed a continued rise in the share of gypsum-based solutions, which had a direct bearing on higher estimates for the size and value of the segment.

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