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Latin America Drywall Market Share, Size, Trends, Forecast: By Type: Standard, Fire-Resistant, Mould/Moisture Resistant; By Application: Residential, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Latin America Drywall Market Outlook
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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Key Trends in the Market
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.
- Drywall offers various advantages such as architectural freedom, shorter execution time, less requirement of labour, reduction of structure weight, resistance to fire, and immunity against microorganisms which is boosting its applicability across residential and commercial sectors in Latin America.
- Increasing demand for drywall in hotels, restaurants, supermarkets, schools, hospitals, malls, and commercial and corporate settings, owing to rapid infrastructure development activities, is further propelling the Latin America drywall market growth.
- The on-going renovation of industrial headquarters in the region, are boosting the application of custom drywall finishes to enhance the aesthetic appeal of structures.
- Growing research and development activities aimed towards reducing the impact on environment while producing drywalls, while generating lower debris, are expected to be the crucial market trends.
Latin America Drywall Market Analysis
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.
- Saint-Gobain Group
- Etex Group
- Trevo Drywall
- Knauf Group
- USG Corporation
- Wacker Chemie AG
- Georgia-Pacific Gypsum LLC
- Grupo Promax
- Others
Latin America Drywall Market Share by Application
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.
Latin America Drywall Market Share by Country
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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Competitive Landscape
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.
Key Highlights of the Report
| 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:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Country |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Drywall Market Overview
8.1 Key Industry Highlights
8.2 Latin America Drywall Historical Market (2018-2023)
8.3 Latin America Drywall Market Forecast (2024-2032)
9 Latin America Drywall Market by Type
9.1 Standard
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Fire-Resistant
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Mould/Moisture Resistant
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 Latin America Drywall Market by Application
10.1 Residential
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Latin America Drywall Market by Country
11.1 Brazil
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Per Capita Consumption
11.2 Argentina
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Per Capita Consumption
11.3 Mexico
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.3.3 Per Capita Consumption
11.4 Chile
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.4.3 Per Capita Consumption
11.5 Peru
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.5.3 Per Capita Consumption
11.6 Colombia
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.6.3 Per Capita Consumption
11.7 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Saint-Gobain Group
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Etex Group
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Trevo Drywall
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Knauf Group
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 USG Corporation
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Wacker Chemie AG
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Georgia-Pacific Gypsum LLC
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Grupo Promax
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Drywall Market: Key Industry Highlights, 2018 and 2032
2. Latin America Drywall Historical Market: Breakup by Type (USD Million), 2018-2023
3. Latin America Drywall Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Latin America Drywall Historical Market: Breakup by Application (USD Million), 2018-2023
5. Latin America Drywall Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Latin America Drywall Historical Market: Breakup by Country (USD Million), 2018-2023
7. Latin America Drywall Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Latin America Drywall Market Structure
Key Questions Answered in the Report
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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