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Global Drywall Market: By Type (Regular Drywall, Water Resistant Drywall, Fire Resistant Drywall, Mold Resistant Drywall, Others); By Application; By Region; Key Demand Drivers; Historical Market (2017-2021); Market Forecast (2022-2027); Trade Analysis; Regional Price Analysis; Competitive Landscape; Cost Analysis and Supplier Analysis

Global Drywall Market Outlook

With the volume of construction output expected to grow by 85% to USD 15.5 trillion worldwide by 2030, with three countries, China, United States and India, leading the way and accounting for 57% of the total growth, the drywall market is projected to see further growth during the forecasted period of 2022-2027. The construction industry in North America alone is expected to grow at a CAGR of 4-5% in the coming years.

 

Drywall Market

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The primary driver for the global drywall industry is the growing construction activity in the emerging economies, especially in the Asia Pacific, which represents the leading industry for global drywall industry. The rising repair and renovation activities in the developed countries are expected to add further impetus to the global drywall industry.

 

Drywall: Industry Definition and Segmentation

Drywall, also known as wallboard, plasterboard and gypsum board are panels made of gypsum, used to construct walls and ceiling. Invented by Augustine Sackett, it was initially called Sackett Board, which eventually changed to drywall since it was a ‘dry’ alternative to the traditional lath and plaster technique. Drywall is preferred over plaster as it is easy to install, cost efficient, durable, and easy to repair. It is less expensive, not just because it takes less time to install but also because gypsum is easily available and not expensive to mine.  It tends to be fire-resistant as well and helps to reduce noise infiltration.

 

Drywall Market by Type

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Based on its specialised properties, the market is divided into the following types:

  • Regular
  • Water Resistant
  • Fire Resistant
  • Mould Resistant
  • Others

Drywall finds its applications in the construction industry across residential and commercial sectors. In commercial spaces like hotels and restaurants and educational spaces, drywall can help to build a soundproof space. In the residential sectors, drywalls are also used to enhance the aesthetic appeal of the construction as well as helping provide thermal insulation as false ceilings.

 

Drywall Market by Region

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Market Analysis

The growth of the construction sector globally has helped the market. The growing trend of repair, remodelling and renovation in the residential sector has also helped the industry. Since drywall is easy to install, there has been a rising demand for drywall among consumers for ‘do-it-yourself’ (DIY) projects. The market has also been helped by the product’s ability to seamlessly divide spaces, making it an easy and cost-effective option for customizations of interior spaces.

In 2018, the cost of drywall materials increased by about 2-3% globally with gypsum products prices seeing the largest increase of 6-7%. The increase in the prices of cement, aggregates, concrete and lumber ranged between 3-4%.

The Asia Pacific is the largest market for drywall driven by demand in countries like China, India, Japan, and Singapore. The growth of this regional industry is aided by the ease of availability of raw materials, cheap labour costs, healthy economic growth, and rapidly rising construction activities. China is the leading market in the region due to decreasing cost of residential constructions helped by favourable government activities. Rising population is leading to a growing demand for residential constructions in China and India, and thus, aiding the growth of the global drywall industry.

 

Key Industry Players in the Global Drywall Market

The report gives a detailed analysis of the following key players in the global drywall market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • USG Corporation
  • Georgia-Pacific LLC
  • American Gypsum Company, LLC
  • CertainTeed Corporation
  • Continental Building Products, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type Regular, Water Resistant, Fire Resistant, Mold Resistant, Others
Breakup by Application Residential, Commercial
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered USG Corporation, Georgia-Pacific LLC, American Gypsum Company, LLC, CertainTeed Corporation, Continental Building Products, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Drywall Market Analysis
    6.1    Figure: Global Drywall Historical Market (2017-2021) & Forecast (2022-2027)
    6.2    Chart: Global Drywall Market Breakup by Type
        6.2.1    Regular
        6.2.2    Water Resistant
        6.2.3    Fire Resistant
        6.2.4    Mold Resistant
        6.2.5    Others
    6.3    Figure: Global Drywall Market Breakup by Type: Historical Market (2017-2021) & Forecast (2022-2027)
        6.3.1    Regular
        6.3.2    Water Resistant
        6.3.3    Fire Resistant
        6.3.4    Mold Resistant
        6.3.5    Others
    6.4    Chart: Global Drywall Market Breakup by Application
        6.4.1    Residential 
        6.4.2    Commercial
    6.5    Figure: Global Drywall Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
        6.5.1    Residential 
        6.5.2    Commercial
    6.6    Chart: Global Drywall Market Breakup by Region
        6.6.1    North America
            6.6.1.1    United States of America
            6.6.1.2    Canada
        6.6.2    Europe
            6.6.2.1    Germany
            6.6.2.2    United Kingdom
            6.6.2.3    France
            6.6.2.4    Italy
            6.6.2.5    Others
        6.6.3    Asia Pacific
            6.6.3.1    China
            6.6.3.2    Japan
            6.6.3.3    India
            6.6.3.4    Others
        6.6.4    Latin America
            6.6.4.1    Brazil
            6.6.4.2    Argentina
            6.6.4.3    Mexico
            6.6.4.4    Others
        6.6.5    Middle East & Africa
            6.6.5.1    Saudi Arabia
            6.6.5.2    United Arab Emirates
            6.6.5.3    Nigeria
            6.6.5.4    South Africa
            6.6.5.5    Others
    6.7    Figure: Global Drywall Market Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
        6.7.1    North America
            6.7.1.1    United States of America    
            6.7.1.2    Canada
        6.7.2    Europe
            6.7.2.1    Germany
            6.7.2.2    United Kingdom
            6.7.2.3    France
            6.7.2.4    Italy
            6.7.2.5    Others
        6.7.3    Asia Pacific
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    Others
        6.7.4    Latin America
            6.7.4.1    Brazil
            6.7.4.2    Argentina
            6.7.4.3    Mexico
            6.7.4.4    Others
        6.7.5    Middle East & Africa
            6.7.5.1    Saudi Arabia
            6.7.5.2    United Arab Emirates
            6.7.5.3    Nigeria
            6.7.5.4    South Africa
            6.7.5.5    Others
7    Regional Drywall Price Analysis
    7.1    North America Historical Price Trends (2017-2021) & Forecast (2022-2027)
    7.2    Europe Historical Price Trends (2017-2021) & Forecast (2022-2027)
    7.3    Asia Pacific Historical Price Trends (2017-2021) & Forecast (2022-2027)
    7.4    Latin America Historical Price Trends (2017-2021) & Forecast (2022-2027)
    7.5    Middle East & Africa Historical Price Trends (2017-2021) & Forecast (2022-2027)
8    Global Trade Analysis (HS Code-6809)
    8.1    Major Exporting Countries by Value & Volume
    8.2    Major Importing Countries by Value & Volume
9    Global Drywall Feedstock Market Analysis
    9.1    Chart: Global Gypsum Historical Market (2017-2021) & Forecast (2022-2027)
    9.2    Chart: Global Gypsum Market Breakup by Type
        9.2.1    Natural
        9.2.2    Synthetic
    9.3    Figure: Global Gypsum Market Breakup by Type: Historical Market (2017-2021) & Forecast (2022-2027)
        9.3.1    Natural
        9.3.2    Synthetic
    9.4    Chart: Global Gypsum Market Breakup by Application
        9.4.1    Cement & Concrete
        9.4.2    Drywall & Plaster Products
        9.4.3    Agricultural Applications
        9.4.4    Others
    9.5    Figure: Global Gypsum Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
        9.5.1    Cement & Concrete
        9.5.2    Drywall & Plaster Products
        9.5.3    Agricultural Applications
        9.5.4    Others
    9.6    Chart: Global Gypsum Market Breakup by Region
        9.6.1    North America
        9.6.2    Europe
        9.6.3    Asia Pacific
        9.6.4    Latin America
        9.6.5    Middle East and Africa
    9.7    Figure: Global Gypsum Market Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
        9.7.1    North America
        9.7.2    Europe
        9.7.3    Asia Pacific
        9.7.4    Latin America
        9.7.5    Middle East and Africa
    9.8    Regional Gypsum Price Analysis
        9.8.1    North America Historical Price Trends (2017-2021) & Forecast (2022-2027)
        9.8.2    Europe Historical Price Trends (2017-2021) & Forecast (2022-2027)
        9.8.3    Asia Pacific Historical Price Trends (2017-2021) & Forecast (2022-2027)
        9.8.4    Latin America Historical Price Trends (2017-2021) & Forecast (2022-2027)
        9.8.5    Middle East & Africa Historical Price Trends (2017-2021) & Forecast (2022-2027)
    9.9    Global Trade Analysis (HS Code-2520)
        9.9.1    Major Exporting Countries by Value & Volume
        9.9.2    Major Importing Countries by Value & Volume
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Porter’s Five Forces Analysis
    11.1    Overview
    11.2    Buyer’s Power
    11.3    Supplier’s Power
    11.4    New Entrants
    11.5    Degree of Rivalry
    11.6    Substitutes
12    Value Chain Analysis
13    EMR’s Key Indicators for Demand
14    EMR’s Key Indicators for Price
15    Competitive Landscape & Supplier Analysis

    15.1    USG Corporation
        15.1.1    Company Overview
        15.1.2    Financial Analysis
    15.2    Georgia-Pacific LLC
        15.2.1    Company Overview
        15.2.2    Financial Analysis
    15.3    American Gypsum Company, LLC
        15.3.1    Company Overview
        15.3.2    Financial Analysis
    15.4    CertainTeed Corporation
        15.4.1    Company Overview
        15.4.2    Financial Analysis
    15.5    Continental Building Products, Inc.
        15.5.1    Company Overview
        15.5.2    Financial Analysis 
    15.6    Others
16    Industry Events and Developments


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17    Manufacturing Process
    17.1    Detailed Process Flow
    17.2    Operations Involved
    17.3    Mass Balance
18    Cost Analysis
    18.1    Land, Location and Site Development
    18.2    Construction
    18.3    Plant Machinery
    18.4    Cost of Raw Material
    18.5    Packaging
    18.6    Transportation
    18.7    Utilities
    18.8    Manpower
    18.9    Other Capital Investment

Key Questions Answered in the Report

The global drywall market is projected to grow at a positive rate in the forecast period of 2022-2027.

The major drivers of the market include rising disposable incomes, increasing population, rising construction industry, and the ability to seamlessly divide spaces, making it an easy and cost-effective option for customisations of interior spaces.

The rising trend of repair, remodelling, and renovation in the residential sector is expected to be a key trend guiding the growth of the market.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the industry, with the Asia Pacific accounting for the largest market share.

The major types of drywall include regular, water resistant, fire resistant, and mould resistant, among others.

The residential and commercial sectors are the major application sectors in the market.

The leading players in the industry are USG Corporation, Georgia-Pacific LLC, American Gypsum Company, LLC, CertainTeed Corporation, and Continental Building Products, Inc., among others.

Analyst Review

The global drywall market attained is majorly being driven by the growth in the construction industry. Aided by the growing trend of repair, remodelling, and renovation in the residential sector, the market is expected to witness a further growth in the forecast period of 2022-2027.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into regular, water resistant, fire resistant, and mould resistant, among others. On the basis of application, the industry can be divided into residential and commercial sectors. The major regional markets for drywall are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the industry. The key players in the above market include USG Corporation, Georgia-Pacific LLC, American Gypsum Company, LLC, CertainTeed Corporation, and Continental Building Products, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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