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The Latin America drywall market size attained a value of USD 2.95 billion in 2023. The market is further expected to grow at a CAGR of 5.3% between 2024 and 2032, reaching a value of USD 4.68 billion by 2032.
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Drywall, also known as gypsum board, refers to a type of board which is used as a construction component owing to its strength, proofing, and sound insulation. It is made of different layers of plies of heavy paper, plaster, and fibreboard that are hard bonded to provide extra strength to a structure.
Based on type, the market is segmented into standard, fire-resistant, and mould/moisture resistant. On the basis of application, the market is classified into on residential and commercial. Major countries in the Latin America drywall market are Brazil, Argentina, Mexico, Chile, Peru, and Colombia, among others.
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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. The report gives a detailed analysis of the key players in the Latin America drywall market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The residential segment, based on application, accounts for a healthy share of the Latin America drywall market. Drywalls are being increasingly preferred for residential constructions compared to the traditional construction components, owing to their insulation and sound barrier properties. Increasing disposable incomes across the nations, rising usage of advanced design tools in homes, and increasing awareness about sustainable buildings are driving the growth of this segment. Moreover, the rising investments by governments in the region towards urban planning are expected to aid the segment’s growth in the forecast period.
Based on country, Mexico holds a decent share of the Latin America drywall market. Temperature during summer can cause high degree of discomfort especially across areas like Hermosillo. Hence, the drywall market is likely to witness growth opportunities in the coming years. In addition, presence of local suppliers in Mexico is augmenting the supply chain, thereby adding to the market growth.
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Saint-Gobain Group is a leading multinational manufacturing corporation which designs, produces, and distributed construction and industrial materials. This corporation was founded in 1665 and is currently headquartered in Courbevoie, France.
Etex Group is a gypsum product manufacturing company which is the owner of leading commercial brands such as Cedral, Durlock, Equitone, Eternit, Gyplac, Kalsi, Pladur, and Promat, among others. The company was established in 1905 and is headquartered in Flanders, Belgium.
Trevo Drywall is a prominent manufacturing company, product portfolio of which includes clover drywall sheets, metal profiles, ribbons, screws, pastas, and thermoacoustic insulation products, among others. The company was founded in 2008 and it is headquartered in Ceara, Brazil.
Other market players include Knauf Group, USG Corporation, Wacker Chemie AG, Georgia-Pacific Gypsum LLC, and Grupo Promax, among others.
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:
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Breakup by Type |
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Breakup by Application |
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Breakup by Country |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of USD 2.95 billion in 2023.
The market is estimated to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 4.68 billion by 2032.
The increasing applications of drywalls in residential and commercial structures, rising awareness about the advantages offered by drywalls, and growing risk of natural calamities like earthquakes are the major drivers of the market.
The key trends in the market include the growing research and development activities aimed at improving drywall quality and renovations of industrial headquarters and residences with drywall installation.
Standard, fire-resistant, and mould/moisture resistant are the different types of drywalls in the market.
Residential and commercial are primary applications of drywall in the market.
Brazil, Argentina, Mexico, Chile, Peru, and Colombia, among others are the major countries in the market.
Saint-Gobain Group, Etex Group, Trevo Drywall, Knauf Group, USG Corporation, Wacker Chemie AG, Georgia-Pacific Gypsum LLC, and Grupo Promax, among others, are the key Latin America drywall market players, according to the report.
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Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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