Global Gypsum Boards Market Size, Share and Trends Analysis Report, ByType (Wall Board, Ceiling board, and Pre-decorated Board), By Application (Residential Sector, Institutional Sector, Industrial Sector, and Commercial Sector),Forecast (2022-2028)
The global gypsum boards market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The growing construction industry and the growing demand for single-family and multi-family housing in the country are expected to increase the demand for gypsum boards which in turn drive the market growth. The increasing tendency of gypsum boards to make quality improvements in architecture due to the product’s ability to deliver new designs and textures in its place is likely to increase its penetration into high-quality construction projects. In addition, rising household income levels, combined with the number of people moving from rural to urban areas, are expected to continue to drive the global gypsum boards market.
Leading players in the market are focused on increasing their production capacity and introducing improved products with improved strength and durability. In addition, players are investing in R&D to develop products specifically for interior decoration applications through the addition of designs and textures. These factors will support market growth during forecasting.
In September 2021, American Gypsum, a manufacturer, retailer, and distributor of gypsum wallboard products in the United States received approval for its wallboard facility from Eagle County to extend 99.2 hectares of its 830-hectare mine representing a year25. the company’s final assets based on Gypsum. This is likely to benefit the company to build a strong market position.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Saint-Gobain, Georgia-Pacific, Continental Building Products, BNBM group, and Knauf Gips KG,among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Gypsum Boards Market Report by Segment
By Type
- Wall Board
- Ceiling board
- Pre-decorated Board
By Application
- Residential Sector
- Institutional Sector
- Industrial Sector
- Commercial Sector
Global Gypsum Boards Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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