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Report
Global Gypsum Board Market Report and Forecast 2024-2032
Market Report I 2023-11-27 I 192 Pages I EMR Inc.
Global Gypsum board Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global gypsum board market is projected to grow at a CAGR of 5.3% between 2024 and 2032. Aided by the rising applications in the construction industry and the advantages it brings in terms of design flexibility and sound insulation, the market is expected to grow significantly by 2032.
Gypsum board, colloquially known as drywall or wallboard, is a panel crafted from calcium sulphate dihydrate (gypsum) with or without additives. It's typically extruded between thick sheets of facer and backer paper. Serving as a modern alternative to traditional methods like lath and plaster, gypsum board has become an integral component in contemporary construction, primarily due to its ease of installation, cost-effectiveness, and fire resistance.
One of the primary forces propelling the gypsum board market growth is its significant role in modern architectural designs. With urbanisation on the rise and the consequent boom in the construction sector, especially in developing regions, the demand for building materials like gypsum board, which ensures quicker construction times and design versatility, has soared.
Furthermore, the eco-friendly nature of gypsum board, derived from natural sources and recyclable, appeals to the current generation's sustainability ethos. Its innate property of being a good insulator of heat and sound makes it an excellent choice for both residential and commercial buildings, optimising energy efficiency and ensuring a quiet environment, respectively.
The construction industry's evolution, with a shift towards modular and prefabricated structures, has further influenced the gypsum board market outlook. The ease of installation and the lightweight nature of gypsum boards make them ideal for such modern construction techniques.
In addition to the architectural realm, the utility of gypsum board extends to specialised areas. For instance, in spaces where moisture resistance is crucial, such as bathrooms and kitchens, specialised water-resistant gypsum boards are employed. Moreover, in settings demanding higher fire resistance, like in commercial complexes or public buildings, type X gypsum boards, known for their enhanced fire-retardant properties, are preferred.
In terms of region, the Asia Pacific accounts for a significant portion of the gypsum board market share. The rise in infrastructural projects, both government-led and private, in emerging economies of Asia-Pacific and Africa, offers a plethora of opportunities for the gypsum board market. The rapid urbanisation, coupled with the increasing purchasing power in these regions, ensures a sustained demand for modern housing and commercial spaces, thereby driving the market for gypsum boards.
Market Segmentation
The market can be divided based on type, product, end use, and region.
Market Breakup by Type
- Standard
- Type X
- Others
Market Breakup by Product
- Wallboard
- Ceiling
- Pre-decorated
- Others
Market Breakup by End Use
- Residential
- Commercial
- Industrial
- Institutional
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global gypsum board market. Some of the major players explored in the report by Expert Market Research are as follows:
- Saint Gobain
- Knauf Gips KG
- Georgia-Pacific LLC
- USG BORAL
- Etex Group
- LafargeHolcim Ltd
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Gypsum Board Market Analysis
8.1 Key Industry Highlights
8.2 Global Gypsum Board Historical Market (2018-2023)
8.3 Global Gypsum Board Market Forecast (2024-2032)
8.4 Global Gypsum Board Market by Type
8.4.1 Standard
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Type X
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Gypsum Board Market by Product
8.5.1 Wallboard
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Ceiling
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Pre-decorated
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Gypsum Board Market by End Use
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2021-2027)
8.6.3 Industrial
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Institutional
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Gypsum Board Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Saint Gobain
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Knauf Gips KG
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Georgia-Pacific LLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 USG BORAL
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Etex Group
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 LafargeHolcim Ltd
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Gypsum Board Market: Key Industry Highlights, 2017 and 2027
2. Global Gypsum Board Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Gypsum Board Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Gypsum Board Historical Market: Breakup by Product (USD Billion), 2018-2023
5. Global Gypsum Board Market Forecast: Breakup by Product (USD Billion), 2024-2032
6. Global Gypsum Board Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Gypsum Board Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Gypsum Board Historical Market: Breakup by End Use (USD Billion), 2018-2023
9. Global Gypsum Board Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10. Global Gypsum Board Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Gypsum Board Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Gypsum Board Market Structure
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