Gypsum Board Market Size, Trends, Industry Overview, Top Manufacturers, Insights, Opportunity and Forecast to 2027
According to IMARC Group’s latest report, titled “Gypsum Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global gypsum board market size reached US$ 26.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 37.7 Billion by 2027, exhibiting a CAGR of 5.73% during 2022-2027.
A gypsum board, also known as drywall, is a panel made of gypsum plaster pressed between two thick sheets of paper. It is commonly used in construction as a wall or ceiling surface material due to its durability, fire resistance, and ease of installation. Gypsum board comes in various thicknesses and sizes, thus making it suitable for different applications. It is also an environmentally friendly material as it can be recycled and reused in the production of new gypsum boards. Gypsum board is a cost-effective and versatile material that has become a popular choice in the construction industry.
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Gypsum Board Market Trends:
The rising construction industry represents a key factor driving the market growth across the globe. This is primarily attributed to the increasing demand for affordable housing, commercial spaces, and infrastructure development. In addition to this, the increasing modernization and renovation of the existing buildings and homes is acting as another major growth-inducing factor. This can be attributed to the increasing use of gypsum boards for interior decoration, walls, and ceilings, which is contributing to the growth of the market. Other factors, such as the steadily increasing population base and the rising use of gypsum boards in green construction projects, are creating a positive outlook for the market.
Gypsum Board Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the gypsum board market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Beijing New Building Material (BNBM) Group Corporation Limited
- Compagnie de Saint-Gobain S.A
- Knauf Gips KG
- Etex SA/NV
- USG Boral Products Pty Limited
- Yoshino Gypsum Corporation Limited
Key Market Segmentation:
The report has segmented the gypsum board market on the basis of type, end-use and region.
Breakup by type:
- wallboard
- ceiling
- pre-decorated
Breakup by region:
- residential
- corporate
- commercial
- institutional sectors
Breakup by Region:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, South Africa and Others)
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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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