Global Gypsum Board Market By Overview
Introduction:
Gypsum board consist of a non-combustible core and is made up of gypsum. These boards are also called as aesthetic building materials. Gypsum boards offer an application for decorative purposes, due to their availability in different textures, shapes and sizes, their cost-effectiveness and flexibility. The gypsum boards are light durable, weight, fire resistant and sound control products that are extensively used for partitions, interiors and exterior of a building, ceilings and walls in both. Gypsum boards, also known as wallboards or plasterboards, can be directly attached to metal or wooden framing by using any convenient method – making them dominant in the market to serve as appropriate substitutes over traditional planks and coverings in the coming future. The global gypsum board market accounted for US$ 35.17 billion in 2020 and is estimated to be US$ 65.58 billion by 2030 and is anticipated to register a CAGR of 6.5%.
Global Gypsum Board Market By Dynamics
Rising development in construction sector
Increasing development in the construction sector, wherein gypsum boards are adopted as significant building materials is the major factor driving the growth of the global gypsum board market. The housing authorities of Hong Kong have launched several measures to push-start the construction of low-cost housing. Gypsum boards are easy to install, economical, offer sound dampening properties. Hence, can eagerly replace other materials used in construction, such as bricks, wood, plywood and others. This is projected to accelerate demand for the global market over the forecast period. Moreover, players involved in the construction of industrial, residential institutional, and commercial sectors are anticipated to boost prospects for the gypsum boards market by opting for these boards while building partition ceilings, walls, and dividing screens systems.
However, variation in the import pricing of raw materials from other countries, in terms of taxation may hamper the growth of the target market over the forecast period. Whereas, countries involved in the export business are estimated to present a stable pricing set-up depending on macroeconomic traits.
Global Gypsum Board Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global gypsum board market is segmented based on type, thickness, application, and region.
Based on type, the global gypsum board market is segmented into wallboard, ceiling board, and pre-decorated board. Based on thickness, the target market is classified into 1 ½-inch, 2 5/8-inch, and 3 other thicknesses. Based on application, the global market is classified into the residential sector, institutional sector, industrial sector, and the commercial sector.
Regional Insights:
The global gypsum board market accounted for US$ 35.17 billion in 2020 and is estimated to be US$ 65.58 billion by 2030 and is anticipated to register a CAGR of 6.5%. On region the global gypsum board market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America contributes a major share in terms of revenue in the global market and is projected to witness a moderate growth rate over the forecast period owing to remodeling and restructuring of homes and rapidly growing construction activities in the region. The Asia Pacific gypsum board market is anticipated to grow at a significant rate over the forecast period with low-cost labor and easy availability of raw material coupled with a greater requirement for institutional and commercial infrastructure projects. Moreover, increasing disposable income, rapid industrialization, and rising spending power of the people have forced to grow residential construction projects in the region. Also, a partnership between the private companies and the government in developing economies impose significant investments in the infrastructural sector and are some of the major factors expected to boost the growth of the global market in the Asia Pacific. Europe estimates for moderate revenue share in the global market and is probable to witness considerable growth soon.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type- Wall Board, Ceiling Board, and Pre-Decorated Board By Thickness- 1 ½-inch, 2 5/8-inch, and 3 Other Thicknesses By Application– Residential Sector, Institutional Sector, Industrial Sector, and Commercial Sector |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global gypsum board market report based on type, thickness, application, and region.
Global Gypsum Board Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Gypsum Board Market By Key Players
The key players operating the global gypsum board market American Gypsum, USG Corporation (KNAUF), Beijing New Building Material Public Limited Company (BNBM Group), BGC (Australia) PTY Ltd., Continental Building Products, Everest Industries Limited, Chiyoda Ute Co. Ltd., Georgia-Pacific, Global Gypsum Board Co. LLC (Gypcore), and Jason Plasterboard (Jiaxing) Co. Ltd. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the types to gain a competitive edge in the target market. For instance, in February 2018, Saint-Gobain extended its gypsum-based plasterboard manufacturing capability in India, by opening its fourth manufacturing unit in the country, at Jhagadia, in Gujarat.
Global Gypsum Board Market By Company Profile
- American Gypsum
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- USG Corporation (KNAUF)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Beijing New Building Material Public Limited Company (BNBM Group)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BGC (Australia) Pty Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Continental Building Products
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Everest Industries Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chiyoda Ute Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Georgia-Pacific
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Global Gypsum Board Co. LLC (Gypcore)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Jason Plasterboard (Jiaxing) Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Gypsum Board Market By Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Gypsum Board Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Thickness
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Gypsum Board Market, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Wall Board
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Ceiling Board
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pre-Decorated Board
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Gypsum Board Market, By Thickness, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- 1 ½-inch
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- 2 5/8-inch
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- 3 Other Thicknesses
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Gypsum Board Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Residential Sector
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Institutional Sector
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Industrial Sector
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Commercial Sector
- Overview
- Market Gypsum Board and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Gypsum Board Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Gypsum Board and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Thickness, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Gypsum Board and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Thickness, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Gypsum Board and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Thickness, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Gypsum Board and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Thickness, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Gypsum Board and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Thickness, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Gypsum Board and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- American Gypsum
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- American Gypsum
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- USG Corporation (KNAUF)
- Beijing New Building Material Public Limited Company (BNBM Group)
- BGC (Australia) Pty Ltd.
- Continental Building Products
- Everest Industries Limited
- Chiyoda Ute Co. Ltd.
- Georgia-Pacific
- Global Gypsum Board Co. LLC (Gypcore)
- Jason Plasterboard (Jiaxing) Co. Ltd.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global gypsum board market is segmented based on type, thickness, application, and region.
Increasing development in the construction sector, wherein gypsum boards are adopted as significant building materials is the major factor driving the growth of the global gypsum board market.
North America contributes a major share in terms of revenue in the global market and is projected to witness a moderate growth rate over the forecast period owing to remodeling and restructuring of homes and rapidly growing construction activities in the region.
The key players operating the global gypsum board market American Gypsum, USG Corporation (KNAUF), Beijing New Building Material Public Limited Company (BNBM Group), BGC (Australia) PTY Ltd., Continental Building Products, Everest Industries Limited, Chiyoda Ute Co. Ltd., Georgia-Pacific, Global Gypsum Board Co. LLC (Gypcore), and Jason Plasterboard (Jiaxing) Co. Ltd.