Global Gypsum Board Market Expected to Reach USD 1,150 Million by 2026

13-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “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 Forecasts, 2020–2026” states that the global gypsum board market in 2019 was above USD 800 million. The market is expected to grow above a CAGR of 9% and is anticipated to reach over USD 1,150 million by 2026.

Gypsum Board Market Size

Request Sample Request Customization Buy Now

The gypsum board is generally known as wallboard, plasterboard or drywall. It is used in the form of panels are made by gypsum plaster which is pressed by two thick paper sheets. The gypsum board is used as partitions and linings of ceilings, floors, walls, and roofs. Gypsum boards are low cost and easy for installation. Gypsum boards are readily available material. They are fire-resistant and provide smooth finishing. They are durable and lightweight. These convenient characteristics make it an attractive construction material. They are primarily used as an interior surfacing for buildings. Gypsum boards are manufactured in a variety of thicknesses with regular and fire-resistant core materials. The material holds significant potential to replace other conventional building materials including plywood, hard and fiberboard in various residential, commercial and institutional structures owing to their exceptional inherent characteristics.

Browse the full “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 Forecasts, 2020–2026" https://www.fnfresearch.com/gypsum-board-market-by-typewallboard-ceiling-board-movable-736

The rapidly growing construction industry is expected to increase demand for gypsum board. Increasing expenditure on residential and non-residential buildings is projected to further drive industry growth. Gypsum board offers a variety of design and textures which increases its application construction. In recent years, the demand for wallboards and ceiling are increasing due to improvement in commercial and residential buildings. Increasing government expenditure in real estate, growing demand for high-class residential homes and increasing urban migration in developed countries are driving the market growth. However, fluctuation in the pricing of raw materials imported from other countries, in terms of tax would restrain the gypsum boards market in the future years. Additionally, gypsum mining regulations may hinder the market growth in the future years. On the other hand, demand for gypsum board has increased in recent years as it offers various features. Construction activities including skyscrapers, shipping ports, shopping malls, airports, and commercial offices will boost the implementation of the gypsum board and can bring lucrative opportunities in the industry.

By type segment, the market is divided into wallboard, ceiling board, movable partition, and tile base. Among these, 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 segment, the market is divided into residential, industrial, and commercial. In these, the residential category-headed the market in 2019with 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.

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

Request customized purchase options to meet your research needs. Explore purchase options

Top key players operating in the market are 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.

This report segments the Gypsum Board market as follows:

Global Gypsum Board Market: By Type Segmentation Analysis

  • wallboard
  • Ceiling Board
  • Movable Partition
  • Tile Base

Global Gypsum Board Market: By Application Segmentation Analysis

  • Residential
  • Industrial
  • Commercial

Global Gypsum Board Market: 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 Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors
A - 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com

 


Latest Market Research Reports

report img

Visual Effects (VFX) Market Report 2024 – 2032

[217+ Pages Report] According to Facts Factors, the global visual effects (VFX) market size in terms of revenue was valued at around USD 10.12 billion in 2023 and is expected to reach a value of USD 18.72 billion by 2032, growing at a CAGR of roughly 7.07% from 2024 to 2032. The global visual effec

Published Date : 17-Jun-2024 | | Category : Technology & Media | Pages : 217 | Format : Read more

Inquiry for Buying Request Sample
report img

E-Learning Market Report 2024 – 2032

[218+ Pages Report] According to Facts Factors, the global E-Learning market size in terms of revenue was valued at around USD 251.46 billion in 2023 and is expected to reach a value of USD 1,080.32 billion by 2032, growing at a CAGR of roughly 17.58% from 2024 to 2032. The global E-Learning market

Published Date : 17-Jun-2024 | | Category : IT | Pages : 218 | Format : Read more

Inquiry for Buying Request Sample
report img

Plant-based Meat Market Report 2024 – 2032

[219+ Pages Report] According to Facts Factors, the global plant-based meat market size in terms of revenue was valued at around USD 5.35 billion in 2023 and is expected to reach a value of USD 33.12 billion by 2032, growing at a CAGR of roughly 22.4% from 2024 to 2032. The global plant-based meat

Published Date : 17-Jun-2024 | | Category : Food & Beverages | Pages : 219 | Format : Read more

Inquiry for Buying Request Sample
report img

Healthcare Augmented and Virtual Reality Market Report 2024 – 2032

[212+ Pages Report] According to Facts Factors, the global healthcare augmented and virtual reality market size in terms of revenue was valued at around USD 3.21 billion in 2023 and is expected to reach a value of USD 15.07 billion by 2032, growing at a CAGR of roughly 18.7% from 2024 to 2032. The

Published Date : 12-Jun-2024 | | Category : Healthcare | Pages : 212 | Format : Read more

Inquiry for Buying Request Sample
report img

North America Frozen Bakery Products Market Report 2024 – 2032

[213+ Pages Report] According to Facts Factors, the North America frozen bakery products market size in terms of revenue was valued at around USD 11.15 billion in 2023 and is expected to reach a value of USD 17.74 billion by 2032, growing at a CAGR of roughly 5.3% from 2024 to 2032. The North Ameri

Published Date : 12-Jun-2024 | | Category : Food & Beverages | Pages : 213 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration