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Plasterboard Market

Global Plasterboard Market Size, Report: By Form: Tapered-Edged, Square-Edged, Round-Edged, Bevelled-Edged, Others; By Product Type: Fire-Resistant, Sound Insulation, Moisture-Resistant, Others; By End-User: Residential, Commercial, Industrial, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Plasterboard Market Outlook

The global plasterboard market stood at a value of more than USD 24.27 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of around 5.3% to reach a value of over USD 38.57 billion by 2032.

 

Global Plasterboard Market

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Increasing Demand for Impact Resistant Plasterboards to Aid the Global Plasterboard Industry Growth

Impact resistant plasterboard offers higher density and excellent fire performance, and the duty rating of these boards are severe in a single board system application. The toughness offered by the product makes it an ideal choice for structures that experience rough usage on regular basis such as schools, hospitals, hotels, and gyms, among others. This is likely to invigorate the market in the coming years. Moreover, the growing concerns pertaining to the safety and security of families living in residential complexes is likely to propel the demand for impact resistant plasterboards due to their durability.

 

The Asia Pacific Accounts for a Significant Share in the Market

The market in the region is anticipated to be driven by the rising investments in infrastructure development projects in industries including healthcare, government, and hospitality, among others. Additionally, the presence of a large population base in India and China, coupled with the emergence of affordable housing schemes in these countries is likely to be a major aiding factor. Moreover, the strong foot hold of local manufacturers in the region is expected to further boost the demand for plasterboards in the forecast period.

 

Plasterboard: Market Segmentation

Plasterboard, also known as gypsum board, gyprock, or drywall, is defined as a panel composed of calcium dihydrate which is used to protect a building or a structure from fire, and for providing acoustic insulation and thermal efficiency. Plasterboard is widely used as an interior wall or ceiling in commercial or residential buildings.

 

Global Plasterboard Market Segment

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Based on form, the market can be segmented into:

  • Tapered-Edged
  • Square-Edged
  • Round-Edged
  • Bevelled-Edged
  • Others

On the basis of product type, the market is segmented into:

  • Fire-Resistant 
  • Sound Insulation 
  • Moisture-Resistant 
  • Thermal 
  • Impact-Resistant 
  • Others

The significant end-users of the product include:

  • Residential
  • Commercial
  • Industrial 
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Plasterboard Market Region

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Expansion of the Building and Construction Sector to Boost the Growth of the Plasterboard Industry

The thriving building and construction industry, owing to the rapid urbanisation and rising population, is driving the growth of the market. This is also being supported by the rising disposable income and increasing immigration of working-class to the cities. In addition to this, the growing preference towards thermally stable, fire-resistant, and durable construction materials is anticipated to be a major factor invigorating the market. Moreover, plasterboard is cost-effective as compared to its counterparts such as traditional plaster and lath. Hence, the product is likely to witness an increased adoption for affordable housing projects. Furthermore, the market is anticipated to be propelled by the rising demand for construction materials exhibiting sound insulation.

 

Key Industry Players in the Global Plasterboard Market

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

  • Armstrong World Industries, Inc. 
  • Atiskan Gypsum Products Co. Inc. 
  • Fletcher Building Limited 
  • USG Boral Limited 
  • Georgia Pacific LLC 
  • 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.

 

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:

  • Form
  • Product Type
  • End-User
  • Region
Breakup by Form
  • Tapered-Edged
  • Square-Edged
  • Round-Edged
  • Bevelled-Edged
  • Others
Breakup by Product Type
  • Fire-Resistant
  • Sound Insulation
  • Moisture-Resistant
  • Thermal
  • Impact-Resistant
  • Others
Breakup by End-User
  • Residential
  • Commercial
  • Industrial
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Armstrong World Industries, Inc.
  • Atiskan Gypsum Products Co. Inc.
  • Fletcher Building Limited
  • USG Boral Limited
  • Georgia Pacific LLC
  • 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    Opportunities and Challenges in the Market
8    Global Plasterboard Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Plasterboard Historical Market (2018-2023) 
    8.3    Global Plasterboard Market Forecast (2024-2032)
    8.4    Global Plasterboard Market by Form
        8.4.1    Tapered-Edged
            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    Square-Edged
            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    Round-Edged
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
        8.4.4    Bevelled-Edged
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2023)
            8.4.4.3    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Plasterboard Market by Product Type
        8.5.1    Fire-Resistant
            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    Sound Insulation
            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    Moisture-Resistant
            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    Thermal
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2023)
            8.5.4.3    Forecast Trend (2024-2032)
        8.5.5    Impact-Resistant
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2023)
            8.5.5.3    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Plasterboard Market by End-User
        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 (2024-2032)
        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    Others        
    8.7    Global Plasterboard Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2023) 
            8.7.1.3    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2023) 
            8.7.2.3    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2023) 
            8.7.3.3    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2023) 
            8.7.4.3    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2023) 
            8.7.5.3    Forecast Trend (2024-2032)
9    North America Plasterboard Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023) 
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023) 
        9.2.3    Forecast Trend (2024-2032)
10    Europe Plasterboard Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023) 
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023) 
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023) 
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023) 
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Plasterboard Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023) 
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023) 
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023) 
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023) 
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023) 
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Plasterboard Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023) 
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023) 
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023) 
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Plasterboard Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023) 
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023) 
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023) 
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023) 
        13.4.3    Forecast Trend (2024-2032)
    13.5     Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data  Analysis (HS Code - 680911)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Armstrong World Industries, Inc.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Atiskan Gypsum Products Co. Inc.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Fletcher Building Limited
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    USG Boral Limited
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Georgia Pacific LLC
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved

 

List of Key Figures and Tables

1.    Global Plasterboard Market: Key Industry Highlights, 2018 and 2032
2.    Global Plasterboard Historical Market: Breakup by Form (USD Billion), 2018-2023
3.    Global Plasterboard Market Forecast: Breakup by Form (USD Billion), 2024-2032
4.    Global Plasterboard Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5.    Global Plasterboard Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6.    Global Plasterboard Historical Market: Breakup by End-User (USD Billion), 2018-2023
7.    Global Plasterboard Market Forecast: Breakup by End-User (USD Billion), 2024-2032
8.    Global Plasterboard Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Plasterboard Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Plasterboard Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Plasterboard Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Plasterboard Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Plasterboard Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Plasterboard Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Plasterboard Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Plasterboard Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Plasterboard Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Plasterboard Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Plasterboard Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Major Importing Countries by Volume (2021)
21.    Major Exporting Countries by Volume (2021)
22.    Major Importing Countries by Value (2021)
23.    Major Exporting Countries by Value (2021)
24.    North America Historical Price Trends and Forecast 2018-2028
25.    Europe Historical Price Trends and Forecast 2018-2028
26.    Asia Pacific Historical Price Trends and Forecast 2018-2028
27.    Latin America Historical Price Trends and Forecast 2018-2028
28.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
29.    Global Plasterboard Market Structure

Key Questions Answered in the Report

In 2023, the global plasterboard market attained a value of more than USD 24.27 billion.

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 USD 38.57 billion by 2032.

The major drivers of the market include the rising application of plasterboard in construction projects, rapid urbanisation, increasing inclination towards aesthetic, thermally stable and superior quality construction materials, and rising disposable income.

The rising demand for plasterboard as an alternative to traditional plasters and laths is expected to be a key trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Tapered-edged, square-edged, round-edged, and bevelled-edged are the different forms of the product considered in the market report.

Fire-resistant, sound insulation, moisture-resistant, thermal, and impact-resistant, among others are the major product types in the market.

Residential, commercial, and industrial, among others are the significant end-users of the product.

The major players in the industry are Armstrong World Industries, Inc., Atiskan Gypsum Products Co. Inc., Fletcher Building Limited, USG Boral Limited, and Georgia Pacific LLC, among others.

Analyst Review

The global plasterboard market attained a value of more than USD 24.27 billion by 2023, driven by the thriving building and construction industry, rising demand for heat resistant, durable, impact resistant, and rising disposable income. Aided by the growing preference for superior and cost-effective construction materials, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.3% to reach a value of over USD 38.57 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is divided into tapered-edged, square-edged, round-edged, and bevelled-edged, among others. On the basis of product type, the market is divided into fire-resistant, sound insulation, moisture-resistant, thermal, and impact-resistant, among others. By end-user, the market has been segmented into residential, commercial, and industrial, among others. The major regional markets for plasterboard are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Armstrong World Industries, Inc., Atiskan Gypsum Products Co. Inc., Fletcher Building Limited, USG Boral Limited, and Georgia Pacific LLC, 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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