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Gypsum Board Market Size, Share Global Analysis Report, 2020–2026
Gypsum Board Market By Type(Wallboard, Ceiling Board, Movable Partition, Tile Base), Application (Residential, Industrial, Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
The gypsum board market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire gypsum board market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Million Square Meters) and value (USD Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Gypsum Board industry. The report analyzes and declares the historical and current trends analysis of the gypsum board industry and subsequently recommends the projected trends anticipated to be observed in the gypsum board market during the upcoming years.
Key Insights from Primary Research
- According to the primary CXO’s of the global gypsum board market, the market is estimated to witness a substantial growth of nearly 9% over the forecast period due to rapid growth in the construction industry.
- The market was valued at USD 800 million, in 2019 and is expected to be valued over USD 1,150 million owing to increasing expenditure on residential and commercial buildings.
- By type analysis, in 2019, the wallboard category-held the market with a share of more than 35%, in 2019 and it is expected to grow over the forecast period owing to its use in an interior surfacing of building.
- By application analysis, the residential category-headed the market in 2019 with a share of above 40%, owing to increasing demand for high-class residential homes.
- By geography, the Asia Pacific region dominated the market in 2019 attributed to growing construction projects in these regions.
Key Recommendations from Analysts
- Our analysts recommend that North America is predicted to witness sluggish growth attributed to the increasing use of advanced technology in the future years.
- Due to the increase in per capita income, improvement in renovation activity the Europian region is anticipated to drive the gypsum market growth.
- By application, the commercial category is projected to increase over the forthcoming years attributed to a growing number of commercial buildings and modern offices.
- Moreover, the ceiling board category is also anticipated to grow over the forecast period owing to the increasing demand for ceiling boards for interior activities.
- Gypsum board market is anticipated to produce lucrative opportunities over the forecast period owing to growing government expenditure in real estate, and growing demand for high-class residential homes.
Market Attractiveness By Application Analysis
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the gypsum board industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the gypsum board industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the gypsum board market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Gypsum Board industry. The gypsum board market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the gypsum board sector. Key strategic developments in the gypsum board market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the gypsum board market are appropriately highlighted in the report.
The gypsum board is identified as wallboard, plasterboard or drywall. The gypsum boards are used in the form of panels which are made by gypsum plaster by pressing two thick paper sheets. The gypsum board is used as linings and partitions. Gypsum boards are readily available material with ease of installation and low cost. They are fire-resistant, durable, and lightweight. These characteristics make it an attractive construction material. Gypsum boards are manufactured in a variety of thicknesses.
Increasing expenditure on residential and non-residential buildings and rapidly growing constructions are projected to drive industry growth. Additionally, it offers a variety of designs and textures which is used in a wide range of construction applications. Growing demand for wallboards and ceilings for the improvement of commercial and residential buildings, increasing government expenditure in real estate, and increasing urban migration in major economies are driving the market growth. However, fluctuations in the pricing of raw materials, and gypsum mining regulations may restrain the gypsum board market growth in the future years. On the other hand, increasing demand for gypsum boards in construction activities like shipping ports, airports, skyscrapers, shopping malls, and commercial offices will boost the implementation of the gypsum board and can bring lucrative opportunities to the industry.
The gypsum board market research report delivers an acute valuation and taxonomy of the gypsum board industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the gypsum board industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the gypsum board industry is provided for the leading economies of the world.
The gypsum board market is segmented based on type and application. On the basis of type segmentation, the market is classified into wallboard, ceiling board, movable partition, and tile base. In terms of Application segmentation, the market is bifurcated into residential, industrial, and commercial.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 800 Million |
Projected Market Size in 2026 |
USD 1,150 Million |
CAGR Growth Rate |
9% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Panel Rey, USG Mexico, American Gypsum Board, National Gypsum, Beijing New Building Material (Group) Co., Ltd., PABCO Gypsum, Etex Group, Saint-Gobain, TaishanGypsum Board Co., Ltd., Knauf, Baier Group Gypsum Board Decorative Building Materials Department, Yoshino Gypsum Board Co., Ltd., Gypsemna, Georgia-Pacific, Gypsum Board LLC, and others. |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the gypsum board market, but not restricted to include
- Saint-Gobain
- Baier Group Gypsum Board Decorative Building Materials Department
- USG Mexico
- Beijing New Building Material (Group) Co.Ltd.
- American Gypsum Board
- Panel Rey
- National Gypsum
- PABCO Gypsum
- Etex Group
- Knauf
- Yoshino Gypsum Board Co.Ltd.
- Gypsemna
- Georgia-Pacific
- Gypsum Board LLC
- Taishan Gypsum Board Co.Ltd.
The taxonomy of the gypsum board industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- wallboard
- Ceiling Board
- Movable Partition
- Tile Base
By Application Segmentation Analysis
- Residential
- Industrial
- Commercial
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- Saint-Gobain
- Baier Group Gypsum Board Decorative Building Materials Department
- USG Mexico
- Beijing New Building Material (Group) Co.Ltd.
- American Gypsum Board
- Panel Rey
- National Gypsum
- PABCO Gypsum
- Etex Group
- Knauf
- Yoshino Gypsum Board Co.Ltd.
- Gypsemna
- Georgia-Pacific
- Gypsum Board LLC
- Taishan Gypsum Board Co.Ltd.
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