Gypsum Board Market Global Trends, Growth, Opportunities, Market Size Forecast to 2028


Posted July 19, 2021 by leonfrancis

Gypsum board market is expected to witness market growth at a rate of 9.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on gypsum board market provides analysis and insights regarding

 
Gypsum board market is expected to witness market growth at a rate of 9.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on gypsum board market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth of construction industry is escalating the growth of gypsum board market. Gypsum boards refer to lightweight construction materials. These are extensively utilized as walls, ceilings and for partitions in interiors or exteriors of residential or non-residential structures. They are also known as drywall, wallboard or plasterboard. These can be directly attached to wood and metal framing or existing surfaces with the help of screws, nails or adhesives. These are known to offer versatility, quality, sound control and their non-combustible core which separate them from plywood, hardboard and fiberboard.

The rise in demand from the residential construction sector acts as one of the major factors driving the growth of gypsum board market. The rise in the consumer spending on advanced construction materials and growth of construction industry across the major economies such as China, India, South Africa, Russia and Mexico accelerate the gypsum board market growth. The increase in demand for single-family and multi-family house constructions and rise in popularity of making aesthetic improvements in the building structures as the product provides innovative designs and textures on its surface further influence the gypsum board market. Additionally, high-end construction applications, urban migration, growing need for high-end residential homes, growth in government spending in the real estate and innovative applications in the construction sector positively affect the gypsum board market. Furthermore, research and development activities for the development of the products that are specific to interior decorative applications coupled with designs and textures extend profitable opportunities to the gypsum board market players in the forecast period of 2021 to 2028.On the other hand, fluctuations in the raw material prices and implementation of strict regulations regarding gypsum mining are the factors expected to obstruct the gypsum board market growth. The negative impact of COVID-19 is projected to challenge the gypsum board market in the forecast period of 2021-2028.

Global Gypsum Board Market, By Product (Wallboard, Ceiling Board, Pre-Decorated Boards, Others), Thickness (1/2-Inch, 5/8-Inch, Others), Application (Pre-Engineered Building, Residential, Industrial, Commercial, Institutional), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028. This gypsum board market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on gypsum board market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Gypsum Board Market Country Level Analysis:
The gypsum board market is analyzed and market size, volume information is provided by country, product, thickness and application as referenced above.
The countries covered in the global gypsum board market report are the 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, Israel, Egypt, South Africa, 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.
North America dominates the gypsum board market due to the high demand for sustainable construction, rise in residential and commercial construction spending, adoption of advanced technology and presence of prominent manufacturers. Middle East and Africa is expected to witness the fastest growth during the forecast period of 2021 to 2028 because of the growing investments, rise in gypsum production and expansion of construction industry in the region.
The country section of the gypsum board market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Gypsum Board Market Scope and Market Size:
The gypsum board market is segmented on the basis of product, thickness and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of product, the gypsum board market is segmented into wallboard, ceiling board, pre-decorated boards and others.
On the basis of thickness, the gypsum board market is segmented into 1/2-inch, 5/8-inch and others.
On the basis of application, the gypsum board market is segmented into pre-engineered building, residential, industrial, commercial and institutional.

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Global Gypsum Board Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global Gypsum Board Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

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Last Updated July 19, 2021