Reports
Global Gypsum Board Market Size, Share, Trends, Forecast: By Type: Standard, Type X, Others; By Product: Wallboard, Ceiling, Pre-decorated, Others; By End Use: Residential, Commercial, Industrial, Institutional, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Gypsum Board Market Outlook
The global gypsum board market reached a value of about USD 28.02 billion in 2023. The market is expected to reach a value of USD 38.20 billion by 2032, at a projected CAGR of 5.3% over the forecast period.
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Extensive Application of the Product in End Use Industries to Aid the Market Growth of Gypsum Board
North America is a significant market for gypsum board. Factors such as a strong demand for sustainable construction, combined with the rapid introduction of new technologies and the availability of trained labour, have influenced the regional market positively. Another main factor driving the growth of the market is the rising residential and commercial construction spending in the area. In addition, the emergence of prominent producers in the area is expected to stimulate demand over the forecast period. The Asia Pacific is expected to report a substantial growth rate in the gypsum board industry during the forecast period. Increasing construction projects in China and India, along with the well-established construction industry in the area, is expected to fuel commodity demand, thus boosting business growth in the coming years.
Gypsum Board: Market Segmentation
Gypsum board, generally referred to as drywall, is the premier construction material for wall, roof, and partition schemes in industrial, institutional, and industrial buildings because of its intrinsic fire resistance. Crafted to have a monolithic surface while a joint treatment device covers joints and fastener heads, gypsum materials can provide sound control, economy, flexibility, consistency, and convenience.
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The market is segmented on the basis of type into:
- Standard
- Type X
- Others
The market is categorised in terms of product into:
- Wallboard
- Ceiling
- Pre-decorated
- Others
The market is divided on the basis of end use into:
- Residential
- Commercial
- Industrial
- Institutional
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Aesthetic Improvements in the Building Structures to Aid the Market Growth of Gypsum Board
Over the past few years, the global gypsum board industry has seen phenomenal growth and is projected to witness substantial growth during the forecast period as well. This could be attributed to the rising demand from end use industries across the world. In this new age, technology has changed in the building industry, and the rising demand for aesthetic improvements in the building structures has boosted the market for gypsum board as the product has the flexibility for creating innovative designs and textures on the surface. Over the decades, the construction industry has created ample prospects for growth in the industry. Emerging markets, in particular, are increasing their investment in infrastructure. Furthermore, factors like the increasing urbanisation, rising residential industry, and many advantages of gypsum board are propelling the market growth of gypsum board.
Key Industry Players in the Global Gypsum Board Market
The report gives a detailed analysis of the following key players in the global gypsum board market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Saint Gobain
- Knauf Gips KG
- Georgia-Pacific LLC
- USG BORAL
- Etex Group
- LafargeHolcim Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Product, End Use, Region |
| Breakup by Type | Standard, Type X, Others |
| Breakup by Product | Wallboard, Ceiling, Pre-decorated, Others |
| Breakup by End Use | Residential, Commercial, Industrial, Institutional, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Saint Gobain, Knauf Gips KG, Georgia-Pacific LLC, USG BORAL, Etex Group, LafargeHolcim Ltd, 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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
Key Questions Answered in the Report
In 2023, the global gypsum board market attained a value of nearly USD 28.02 billion.
The market is projected to grow at a CAGR of 5.3% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 38.20 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing urbanisation, rising demand from the end-use industries, and extensive applications of the product.
The key trends in the market include the increasing government investment in infrastructure, especially in the emerging economies.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of gypsum board are standard, type X, among others.
The significant products of gypsum board are wallboard, ceiling, and pre-decorated, among others.
The major end uses include residential, commercial, industrial, and institutional, among others.
The major players in the market are Saint Gobain, Knauf Gips KG, Georgia-Pacific LLC, USG BORAL, Etex Group, and LafargeHolcim Ltd, among others.
Analyst Review
The global gypsum board market attained a value of USD 28.02 billion in 2023, driven by the rapid urbanisation and rising demand from the end use industries. Aided by the increasing government investment in infrastructure, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.3%. The market is projected to reach USD 38.20 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the gypsum board industry can be segmented into standard, type X, among others. On the basis of products, the market is segmented into wallboard, ceiling, and pre-decorated, among others. By end use, the industry is categorised into residential, commercial, industrial, and institutional, among others. The major regional markets for gypsum board are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Saint Gobain, Knauf Gips KG, Georgia-Pacific LLC, USG BORAL, Etex Group, and LafargeHolcim Ltd, 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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