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Gypsum board sales on a global scale were forecast at USD 51.49 billion in 2022, and from 2023 to 2030, they are anticipated to grow at a CAGR of 13.2%. Due to its qualities including fire resistance, acoustic attenuation, and durability, gypsum board is a material that is frequently utilized in the building sector. It is primarily used as the surface layer of interior walls and ceilings, as a base for ceramic, plastic, and metal tiles, for exterior soffits, for elevator and other shaft enclosures, as area-separation walls between building units, and to protect structural elements from fire. It was developed through modern technology to meet specific requirements. When the foil surface is put against the framing, the aluminum foil backing on the majority of gypsum boards acts as an efficient vapor retarder for external walls. The wallboard product segment is expected to have significant growth during the projected period as it continues to gain popularity. Wallboard is increasingly being used for walls and dividers in stores, offices, and malls, which is projected to foster segmental expansion.
Gypsum boards are inexpensive, lightweight building materials that are frequently used in residential and non-residential projects as interior or exterior walls, ceilings, and partitions. They can be immediately attached to wood, metal, or existing surfaces with screws, nails, or adhesives and go by the names drywall, wallboard, or plasterboard. In terms of sound absorption, adaptability, quality, and convenience, gypsum boards are superior to plywood, hardboard, and fiberboards. They also have a non-combustible core. As a result, they are more widespread and offer a quicker option to the old-fashioned lath and plaster.
Gypsum boards have a fixed gypsum core with a surface made of specially formulated paper that is securely adhered to the core. It is also known as wallboard, plasterboard, and drywall. A common building material for dividers and lining walls, roofs, ceilings, and floors is gypsum board.
Gypsum board sales are anticipated to increase over the future years as more companies enter the market, particularly in the wake of the pandemic. Additionally, the demand for cutting-edge homes with distinctive designs has an impact on market expansion.
The market for the product is anticipated to rise in response to rising residential construction demand and rising consumer spending on high-tech building materials. Market expansion is aided by the rapidly expanding construction sector in key economies including China, India, South Africa, and Russia. The spectrum of new applications expanding in the construction industry is also driving up product demand. Additionally, rising real estate demand has sparked an increase in residential infrastructure construction and remodeling projects, which is propelling the expansion of the Gypsum Board Market.
One of the primary sectors suffering the most losses as a result of the worldwide pandemic COVID 19 is the gypsum board industry. Due to COVID 19, the use of gypsum board as interior wall and ceiling covering materials in commercial and residential buildings has been severely disrupted. In a few damp places, such as basement walls, bathrooms, kitchens, laundry rooms, and restrooms, gypsum board is also used as a tile backer. The suspension of international travel, lockdown laws, and safety requirements in many developing nations have delayed construction projects and altered the future for the gypsum board business. Covid 19 has generally had a negative effect on the world market.
Gypsum board is widely utilized in the architecture and construction sector for a wide range of applications, including ornamentation, ceiling designs, dividing walls, acoustic insulation, and many more. These boards' adaptability and ease of use make them ideal for the wide range of applications in the building and construction sector. One of the main factors contributing to the product's increased global adoption is its minimal weight. The use of this board also results in a sizable cost reduction and further savings for the user.
Additionally, the consumer has the freedom and flexibility to select the design based on its intended use and level of comfort. Customers can also modify designs because major players offer this option along with a number of pre-sample designs. Players like Gyproc (Saint-Gobain) and others also offer online visualization tools to customers to make the design selection process easier and more enjoyable.
Gypsum board trash is disposed of in landfills where the wet, oxygen-free, and carbon-containing circumstances cause the sulfate in the gypsum to break down into poisonous hydrogen sulfide. Up to one-fourth of the weight of gypsum or gypsum board can leak this harmful gas into the environment. In addition, the paper in the plasterboard decomposes into methane gas, a dangerous greenhouse pollutant. Globally, this situation is causing significant environmental worries, which has prompted lawmakers to strengthen and apply strict standards. As a result, businesses are looking to recycling to lessen the negative effects of dumping gypsum. Additionally, the rising expense of gypsum's flue gas desulphurization keeps manufacturers of gypsum and board on edge, compelling them to take control of wallboard waste.
Report Coverage
Global Gypsum Board research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Gypsum Board report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Gypsum Board competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Gypsum Board market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Gypsum Board market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Gypsum Board market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Saint-Gobain S.A., Knauf Gips KG, Georgia-Pacific LLC, USG Corporation, National Gypsum Company, Yoshino Gypsum Co. Ltd., LafargeHolcim Ltd., Beijing New Building Material (Group) Co. Ltd., BGC (Australia) Pty Ltd., Taishan Gypsum Co. Ltd., Jason Plasterboard Co. Ltd., CertainTeed Corporation, Continental Building Products Inc., BNBM Group, Gyproc Saint-Gobain (Thailand) Ltd., Ayhaco Gypsum Products Manufacturing, Gypsemna Company LLC, Global Mining Company LLC, Gyptech Systems Inc., Beijing Beipeng New Building Materials Co. Ltd., American Gypsum, CGC Inc., Chiyoda Ute Co. Ltd, Everest Industries Limited, Global Gypsum Board Co LLC, BGC Plasterboard, Gypsum Factory, PABCO Building Products. LLC.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Gypsum Board market based on the below-mentioned segments:
Global Gypsum Board Market, By Type
Regular Gypsum Board
Type X Gypsum Board
Global Gypsum Board market, By Application
residential
institutional
commercial
Global Gypsum Board market, Regional Analysis
Gypsum boards are inexpensive, lightweight building materials that are frequently used in residential and non-residential projects as interior or exterior walls, ceilings, and partitions. They can be immediately attached to wood, metal, or existing surfaces with screws, nails, or adhesives and go by the names drywall, wallboard, or plasterboard. In terms of sound absorption, adaptability, quality, and convenience, gypsum boards are superior to plywood, hardboard, and fiberboards. They also have a non-combustible core. As a result, they are more widespread and offer a quicker option to the old-fashioned lath and plaster.
Gypsum boards have a fixed gypsum core with a surface made of specially formulated paper that is securely adhered to the core. It is also known as wallboard, plasterboard, and drywall. A common building material for dividers and lining walls, roofs, ceilings, and floors is gypsum board.
Gypsum board sales are anticipated to increase over the future years as more companies enter the market, particularly in the wake of the pandemic. Additionally, the demand for cutting-edge homes with distinctive designs has an impact on market expansion.
The market for the product is anticipated to rise in response to rising residential construction demand and rising consumer spending on high-tech building materials. Market expansion is aided by the rapidly expanding construction sector in key economies including China, India, South Africa, and Russia. The spectrum of new applications expanding in the construction industry is also driving up product demand. Additionally, rising real estate demand has sparked an increase in residential infrastructure construction and remodeling projects, which is propelling the expansion of the Gypsum Board Market.
One of the primary sectors suffering the most losses as a result of the worldwide pandemic COVID 19 is the gypsum board industry. Due to COVID 19, the use of gypsum board as interior wall and ceiling covering materials in commercial and residential buildings has been severely disrupted. In a few damp places, such as basement walls, bathrooms, kitchens, laundry rooms, and restrooms, gypsum board is also used as a tile backer. The suspension of international travel, lockdown laws, and safety requirements in many developing nations have delayed construction projects and altered the future for the gypsum board business. Covid 19 has generally had a negative effect on the world market.
Gypsum board is widely utilized in the architecture and construction sector for a wide range of applications, including ornamentation, ceiling designs, dividing walls, acoustic insulation, and many more. These boards' adaptability and ease of use make them ideal for the wide range of applications in the building and construction sector. One of the main factors contributing to the product's increased global adoption is its minimal weight. The use of this board also results in a sizable cost reduction and further savings for the user.
Additionally, the consumer has the freedom and flexibility to select the design based on its intended use and level of comfort. Customers can also modify designs because major players offer this option along with a number of pre-sample designs. Players like Gyproc (Saint-Gobain) and others also offer online visualization tools to customers to make the design selection process easier and more enjoyable.
Gypsum board trash is disposed of in landfills where the wet, oxygen-free, and carbon-containing circumstances cause the sulfate in the gypsum to break down into poisonous hydrogen sulfide. Up to one-fourth of the weight of gypsum or gypsum board can leak this harmful gas into the environment. In addition, the paper in the plasterboard decomposes into methane gas, a dangerous greenhouse pollutant. Globally, this situation is causing significant environmental worries, which has prompted lawmakers to strengthen and apply strict standards. As a result, businesses are looking to recycling to lessen the negative effects of dumping gypsum. Additionally, the rising expense of gypsum's flue gas desulphurization keeps manufacturers of gypsum and board on edge, compelling them to take control of wallboard waste.
Report Coverage
Global Gypsum Board research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Gypsum Board report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Gypsum Board competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Gypsum Board market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Saint-Gobain S.A., Knauf Gips KG, Georgia-Pacific LLC, USG Corporation, National Gypsum Company, Yoshino Gypsum Co. Ltd., LafargeHolcim Ltd., Beijing New Building Material (Group) Co. Ltd., BGC (Australia) Pty Ltd., Taishan Gypsum Co. Ltd., Jason Plasterboard Co. Ltd., CertainTeed Corporation, Continental Building Products Inc., BNBM Group, Gyproc Saint-Gobain (Thailand) Ltd., Ayhaco Gypsum Products Manufacturing, Gypsemna Company LLC, Global Mining Company LLC, Gyptech Systems Inc., Beijing Beipeng New Building Materials Co. Ltd., American Gypsum, CGC Inc., Chiyoda Ute Co. Ltd, Everest Industries Limited, Global Gypsum Board Co LLC, BGC Plasterboard, Gypsum Factory, PABCO Building Products. LLC. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Gypsum Board Market from 2021 to 2030.
- Market Forecast for Gypsum Board Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Gypsum Board competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Gypsum Board
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Gypsum Board market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Gypsum Board market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Saint-Gobain S.A., Knauf Gips KG, Georgia-Pacific LLC, USG Corporation, National Gypsum Company, Yoshino Gypsum Co. Ltd., LafargeHolcim Ltd., Beijing New Building Material (Group) Co. Ltd., BGC (Australia) Pty Ltd., Taishan Gypsum Co. Ltd., Jason Plasterboard Co. Ltd., CertainTeed Corporation, Continental Building Products Inc., BNBM Group, Gyproc Saint-Gobain (Thailand) Ltd., Ayhaco Gypsum Products Manufacturing, Gypsemna Company LLC, Global Mining Company LLC, Gyptech Systems Inc., Beijing Beipeng New Building Materials Co. Ltd., American Gypsum, CGC Inc., Chiyoda Ute Co. Ltd, Everest Industries Limited, Global Gypsum Board Co LLC, BGC Plasterboard, Gypsum Factory, PABCO Building Products. LLC.
Primary Target Market
- Market Players of Gypsum Board
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Gypsum Board market based on the below-mentioned segments:
Global Gypsum Board Market, By Type
Regular Gypsum Board
Type X Gypsum Board
Global Gypsum Board market, By Application
residential
institutional
commercial
Global Gypsum Board market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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