Tallahassee Journal

Gypsum Board Market 2019: Global Industry Analysis, Share, Size, Price Trends, Demand and Business Opportunities 2024

 Breaking News
  • No posts were found

Gypsum Board Market 2019: Global Industry Analysis, Share, Size, Price Trends, Demand and Business Opportunities 2024

November 14
15:08 2019
Gypsum Board Market 2019: Global Industry Analysis, Share, Size, Price Trends, Demand and Business Opportunities 2024

Global Gypsum Board Market Bolstered by Revival of the Construction Sector – IMARC Group
The global gypsum board market has been growing at a healthy rate. Some of the factors which are giving impetus to the market include restoration of the construction sector, escalating disposable incomes, rapid urbanisation, rising population and infrastructural developments.

Gypsum board, also known as drywall and plasterboard, refers to a panel made using a mixture of gypsum and water which is pressed between two sheets of thick paper and widely used as a construction material. It is widely used in the construction industry for preparing walls, ceilings and partition systems, particularly in the residential and commercial building projects. Gypsum board is considered as a faster alternative to conventional plastering process. Some of the benefits of using a gypsum board include durability, lightweight, cost-effectiveness, ease of installation, fire-resistance, etc.

According to the gypsum board market research report by IMARC Group, the market size was worth US$ 22.4 Billion in 2018. The report further anticipates the market to reach a value of US$ 31.7 Billion by 2024, at a projected CAGR of 5.8% over the forecast period.

Browse full report with TOC: https://www.imarcgroup.com/gypsum-board-manufacturing-plant

Global Gypsum Board Market Drivers/Constraints:

The production of gypsum board deteriorated consistently since the year 2008-2010 owing to the downturn in the construction industry. Nevertheless, in the year 2011, the industry started to recover gradually leading to a rise in the demand for gypsum boards across the world.

In addition, rising disposable incomes, rapid urbanisation as well as growing awareness of consumers about environment-friendly and safer construction materials have increased the demand for gypsum boards in retrofitting and renovation of oil buildings.

Some of the other factors that are propelling the growth of the global gypsum board market include rising population, surging infrastructural developments, large-scale industrialisation, favourable government initiatives and growing demand for quality housing and enhanced living standards.

However, there are several factors which are acting as a hindrance to the growth of the market. While it is easy to apply plaster at any curvy spaces, applying gypsum board over intricate surfaces can be a challenge.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/gypsum-board-manufacturing-plant/requestsample

Gypsum Board Market Segmentation

Performance of Key Regions

1. North America
2. Asia Pacific
3. Western Europe
4. Eastern Europe
5. Middle East and Africa
6. Central and South America

Market by Product Type

1. Wallboard
2. Ceiling Board
3. Pre-decorated Board
4. Others

Market by End-Use

1. Residential
2. Corporate
3. Commercial
4. Institutional

Some of the major players operating in the industry include:

BNBM Group

Saint-Gobain (SGO)



USG Boral


Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert https://www.imarcgroup.com/request?type=report&id=579&flag=C

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Richard Lewis
Email: Send Email
Phone: 6317911145
Address:309 2nd St
City: Brooklyn
State: New York
Country: United States
Website: www.imarcgroup.com