Asia-Pacific Gypsum-Based Plasterboard Market and Alternatives: Focus on End-User Application, Type, Material, and Country - Analysis and Forecast, 2023-2033

The Asia-Pacific gypsum-based plasterboard market and alternatives was valued at $7.20 billion in 2023, and it is expected to grow at a CAGR of 8.31% and reach $16.00 billion by 2033. Gypsum-based plasterboard and its substitutes, which have several advantages over conventional chemical inputs, are poised to revolutionize building methods in the Asia-Pacific area. This market is now in a growth phase and is anticipated to increase significantly. Businesses that make investments in collaborations, facilities, and research will be in a strong position to benefit from the growing need for these cutting-edge solutions.

Market Introduction

The growing consumer desire for affordable, lightweight, and environmentally friendly construction materials is propelling the APAC region's market for gypsum-based plasterboard and substitutes. Gypsum-based plasterboards are frequently used in both residential and commercial construction because of its reputation for being simple to install, fire resistant, soundproof, and recyclable.

Gypsum-based products are becoming more popular as APAC nations place a greater emphasis on sustainability and energy efficiency in building since they have a smaller environmental impact than conventional materials. Improvements in production techniques have further increased these goods' robustness and adaptability. Adoption of eco-friendly materials is also being aided by legislative frameworks that support sustainable building practices.

Alternative solutions are becoming formidable rivals, such as those derived from recyclable materials and cutting-edge composites. Market participants emphasizing infrastructure development, R&D, and strategic partnerships are poised to benefit from this trend, creating new opportunities in the expanding market. As construction activity increases across the APAC region, the demand for gypsum-based plasterboard and substitutes is expected to grow significantly.

Market Segmentation

Segmentation 1: by End-User Application

• Residential
• Non-Residential

Segmentation 2: by Type

• Standard Plasterboard
• Fire-Resistant Plasterboard
• Sound-Insulated Plasterboard
• Thermal Plasterboard
• Moisture-Resistant Plasterboard
• Impact-Resistant Plasterboard
• Others

Segmentation 3: by Material

• Gypsum
• Bio-Based

Segmentation 4: by Country

• China
• Japan
• Australia
• South Korea
• India
• Rest-of-Asia-Pacific

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different applications of gypsum-based plasterboard and alternatives available based on end-user application (residential and non-residential), type (standard plasterboard, fire-resistant plasterboard, sound-insulated plasterboard, thermal plasterboard, moisture-resistant plasterboard, impact-resistant plasterboard, and others) and material (gypsum and bio-based) market is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of gypsum-based plasterboard and alternatives. Therefore, this business is a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The Asia-Pacific gypsum-based plasterboard market and alternatives has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development and partnerships and collaborations.

Competitive Strategy: The key players in the Asia-Pacific gypsum-based plasterboard market and alternatives analyzed and profiled in the study include gypsum-based plasterboard manufacturers. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled in the Asia-Pacific gypsum-based plasterboard market and alternatives have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names in the market are:

• China National Building Material Company Limited
• Strawcture Eco

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