Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Gypsum Board Market to Reach US$ 29.12 Billion by 2025

Gypsum board refers to a panel composed of gypsum which is chemically known as calcium sulphate dehydrate. It is a light-weight construction material designed for walls and ceilings of the interior or exterior of a residential or non-residential structure. Gypsum board has a control over heat penetration and does not emit any poisonous gas at high temperatures.

Despite the fact that it is not suitable for moist and wet locations (near wash basins and rest rooms), it is still known for its myriad qualities. Gypsum board is highly cost-effective, durable, stable, flexible, fire-resistant, aesthetic in appearance, recyclable in nature and easily cuts down noise transmission, thereby serving as an effective substitute to traditional lath and plaster. According to a new report by Expert Market Research, the global gypsum board market reached a value of US$ 24.67Billion in 2019 and is further expected to reach US$ 29.12 Billion by 2025.

The demand for gypsum boards is associated with the growth of the construction sector, particularly the commercial and the housing sectors. As a result of rapidly increasing population, there has been a surge in the construction of new buildings where gypsum boards are considered of prime importance. Similarly, a rising trend of safer and sustainable construction coupled with a rise in disposable incomes have facilitated the end-users to expend more on renovations and remodelling of the building structure. Several other factors that are stimulating the growth of the global gypsum board market include growing urbanisation, industrialisation, improving living standards and high growth in residential real estate sector.  

To request a sample copy or view summary of this report, click on the link:  https://www.expertmarketresearch.com/request?type=report&id=37&flag=B

Key findings from the report:

  • Various types of gypsum boards available in the market are wallboard, ceiling board, pre-decorated board and others.
  • Major end-users of gypsum boards are residential, corporate, commercial and institutional sectors.
  • Region-wise, Asia-Pacific dominated the market with a share of nearly 45% of the total global demand. In Asia-Pacific, China accounted for the most of its demand. Other key regions include North America, Western Europe, Eastern Europe, the Middle East and Africa, Central and South America.
  • The global gypsum board market is surrounded by some of the top players, namely, BNBM Group, Saint Gobain, Knauf, USG Boral and Yoshino.

Expert Market Research has analyzed the global gypsum board market according to product type, end-use, regions and major players:

Market breakup by Product Type

  • Wallboard
  • Ceiling Board
  • Pre-decorated Board
  • Others

Market breakup by End-Use

  • Residential
  • Corporate
  • Commercial
  • Institutional

Market breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Top Players

  • BNBM Group
  • Saint Gobain
  • Knauf
  • USG Boral
  • Yoshino

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

 

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Bauxite Market Report and Forecast 2021-2026


Global Green Concrete Market Report and Forecast 2021-2026


Global Absorption Chillers Market Report and Forecast 2020-2025



Global Plywood Market Report and Forecast 2020-2025


NEWSLETTER