Building a Bigger, Better Future: Gypsum Board Market Projected to Reach D98 Billion by 2030
Rising Demand for Sustainable Construction Drives Growth in Drywall Industry
The global gypsum board market, also known as the drywall market, is poised for a significant expansion, with a projected market size of USD 98.06 billion by 2030 according to a new report by Maximize Market Research. This translates to a compelling CAGR (Compound Annual Growth Rate) of 11.3% during the forecast period (2024-2030), driven by a growing emphasis on sustainable building practices and rising investments in construction projects.
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North America Takes the Lead, But Global Market Heats Up
North America currently holds the top spot in the global gypsum board market, accounting for roughly 41% of the market share in 2023. This dominance can be attributed to factors like the widespread adoption of advanced construction technologies and the presence of skilled labor. However, the Asia Pacific region is expected to be a major growth engine in the coming years, fueled by increasing residential and commercial construction activities.
Meeting Diverse Needs: A Segmented Market
The gypsum board market caters to a variety of construction needs through distinct product categories. Wallboard remains the most popular option, followed by ceiling board and pre-decorated boards. Additionally, the market is segmented by application, with both residential and commercial construction sectors driving demand.
A Global Stage for Gypsum Board Players
1. YOSHINO GYPSUM CO.,LTD
2. AYHACO Gypsum Products Manufacturing.
3. LafargeHolcim
4. Saint-Gobain
5. Etex
6. Beijing New Building Material (Group) Co., Ltd.
7. NATIONAL GYPSUM PROPERTIES LLC
8. Global Mining Company
9. United Mining Industries.
10. Gulf Gypsum Industrial
11. Knauf Gips KG
12. ZAWAWI MINERALS LLC.
13. Gypsemna
14.VOLMA
15. VANS Gypsum
16. Osman Group
17. PABCO Gypsum
18. CHIYODA UTE CO., LTD.
19. CONTINENTAL BUILDING PRODUCTS
20. Georgia-Pacific Gypsum LLC
21. Others
Market Research Unveils the Pillars of Growth
Maximize Market Research's report delves deeper than just market size and growth projections. It explores the key factors propelling the gypsum board market forward, including a growing focus on energy-efficient buildings, government initiatives promoting sustainable construction, and increasing urbanization. The report also provides a comprehensive analysis through Porter's Five Forces Analysis, a SWOT Analysis, and insights into the impact of COVID-19 on the market.
Key Highlights of the Gypsum Board Market Report
- Gypsum Board Market Drivers and Success Factors
- Porter's Five Forces Analysis
- SWOT Analysis
- The Impact of COVID-19 on the Global Gypsum Board Market
- Value Chain Analysis
- Competitive Landscape Mapping
Maximize Market Research: Your Trusted Source for Construction Industry Insights
Maximize Market Research is a leading provider of market research and business consulting services, committed to empowering stakeholders in the construction industry. Our research equips businesses with the insights they need to capitalize on the growth opportunities in the gypsum board market and navigate the evolving construction landscape.
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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About Maximize Market Research:
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