Gypsum & drywall is a construction material that is used in constructing walls, ceilings, and partitions. These boards are made by combining gypsum with a sufficient amount of water and additives to make a semi-liquid slurry. This combination yields calcium sulphate, which recrystallizes over time, restoring the original rock condition. These gypsum boards are commonly used in the building sector because of their low weight and simple adaption to walls without beam structure.
The market is expected to be driven by increasing building and infrastructure development as a result of rising urbanization during the forecast period. Gypsum boards are widely used in the construction of walls, partitions, and ceilings, making them essential in both new and restoration projects. Homeowners and businesses renovate and upgrade their homes in order to increase their beauty, utility, and energy efficiency. Gypsum boards are often used in interior renovations due to its versatility, ease of installation, and ability to achieve desired finishes. Growth in the construction industry, where gypsum boards are recognized as essential building materials, is also one of the key factors anticipated to drive the growth of the gypsum board market. Gypsum boards are cost-effective and simple to install. Therefore, they may easily replace other building materials like plywood, bricks, wood, and others that are used in construction. The demand for gypsum boards during the forecast years is likely to increase as a result. By choosing gypsum boards when creating partition walls, ceilings, and dividing screen systems, the businesses involved in developing commercial, institutional, industrial, and residential subdivisions are likely to boost the market growth for gypsum & drywall market.
The market is projected to be hampered by increase in environmental concerns among individuals as well as fluctuation in raw material pricing. Gypsum board manufacture requires the extraction and processing of natural resources, which has a negative environmental impact. Concerns about mining operations, trash creation, and energy usage are rising in the business. When gypsum board is deposited into landfills, the sulfate in it is converted into hazardous hydrogen sulfide owing to moisture. Compliance with environmental rules and the adoption of sustainable practices are making it difficult for manufacturers to make these drywalls at a low cost. All these factors are predicted to restrict market growth during the forecast period.
The rising demand for green building materials is projected to generate beneficial possibilities for companies operating in the gypsum board market. To reduce environmental effect, manufacturers are focused on the creation of eco-friendly gypsum boards, such as those with a high recycled content or low volatile organic compound (VOC) emission. This involves producing gypsum boards with increased fire resistance, sound insulation, moisture resistance, and impact resistance qualities to fulfill changing client needs and regulatory requirements. In addition, technological advancements and the development of novel manufacturing techniques by key industry players have boosted the expansion of the gypsum board sector in recent years. All these factors are anticipated to create excellent opportunities for the market growth during the forecast period.
The key players profiled in this report include Saint-Gobain, USG Corporation., TECNI-GYPSUM, NATIONAL GYPPSUM (NGC), Knauf Gips KG, GYPLAC SA, BEIJING NEW BUILDINGS MATERIAL (GROUP) CO. LTD., American Gypsum Company LLC, Lafarge Group, and Global Mining Company LLC (GMC). The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as collaborations and acquisitions.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the gypsum & drywall market analysis from 2022 to 2032 to identify the prevailing gypsum & drywall market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the gypsum & drywall market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global gypsum & drywall market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By PRODUCT
- Wallboard
- Ceiling Board
- Pre-decorated Board
- Others
By END-USER
- Commercial
- Residential
By Thickness
- More than 5/8 Inch
- 1/2 Inch
- 5/8 Inch
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- United Arab Emirates
- South Africa
- Rest of LAMEA
- Saint-Gobain
- USG Corporation.
- TECNI-GYPSUM
- NATIONAL GYPPSUM (NGC)
- Knauf Gips KG
- GYPLAC SA
- BEIJING NEW BUILDINGS MATERIAL (GROUP) CO. LTD.
- American Gypsum Company LLC
- Lafarge Group
- Global Mining Company LLC (GMC)
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Table of Contents
Companies Mentioned
- Saint-Gobain
- USG Corporation.
- TECNI-GYPSUM
- NATIONAL GYPPSUM (NGC)
- Knauf Gips KG
- GYPLAC SA
- BEIJING NEW BUILDINGS MATERIAL (GROUP) CO. LTD.
- American Gypsum Company LLC
- Lafarge Group
- Global Mining Company LLC (GMC)
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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