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Dry Wall and Gypsum Board Market Size to Reach US$ 95.15 Billion by 2027

The size is estimated to grow from USD 50.22 billion in 2020 to USD 95.15 billion in 2027, registering a CAGR of 11.24% during the forecast period (2021-2027). Gypsum board manufacturers companies are producing specialty products for targeting the industrial application segment. Due to fast installation and immense innovation in the product compared with traditional plasterboards is expected to boost the market growth over the forecast period. Drywalls are gaining momentum in the global market as these walls are lightweight, require very little space, and also provide attractive looks in the interior of residential or commercial buildings.
Factors Affecting the Drywall and Gypsum Board Industry Over the Forecast Period:
Time-efficient and economical construction techniques and temporary solutions are some of the key factors estimated to fuel the drywall and gypsum board market.
An increase in the standard of living and the spending power of an individual has led to an increase in demand for drywall and gypsum boards, which boost the growth of the global market over the forecast period.
Increase in demand for interiors of residential and commercial buildings demand Drywall and gypsum boards.
Fluctuation in raw material prices regarding gypsum mining which increases the cost of investment, leads to decreases in market growth hence one of the major challenges faced by the industry.
Factors such as increasing urban migration in major economies, a rise in government spending in the real estate market for residential construction, and the growing need for high-class residential homes are anticipated to aid the drywall and gypsum board market growth.
Impact of COVID-19 on Drywall and Gypsum Board Market:
The drywall and gypsum board market had a major impact on the coronavirus COVID-19 outbreak. Due to the pandemic, the government and other local authorities have imposed a complete lockdown in severely affected areas with disrupted supply and demand channels. Due to the lack of workforce and social distancing, construction had a huge loss and affect the drywall and gypsum market. In the other half of 2020, the market is expected to grow exponentially as demand rises, aiming to recover losses made in the first half.
Scope of the Report
The report outlines the global drywall and gypsum board market study based only on product and application.
Based on the product, the drywall and gypsum board market has been segmented into–
Wallboard
Ceiling Board
Pre-decorated Board
Based on the application, the drywall and gypsum board market has been segmented into –
Pre-Engineered Metal Buildings
Residential
Industrial
Commercial
Institutional
Drywall and Gypsum Board Market: Regional Outlook
Based on the region, the global drywall and gypsum board market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, Asia Pacific held the largest share in the global drywall and gypsum board market, followed by North America and Europe. Moreover, Asia Pacific is expected to grow with a high growth rate over the forecast period.
Access full Report Description, TOC, Table of figures, Chart, etc:
Key Global Drywall and Gypsum Board Market Competitors Includes –
The global drywall and gypsum board Market is highly fragmented, with the presence of a large number of small players across the globe. The key players operating in the drywall and gypsum board in the global market are–
USG Zawawi Drywall LLC SFZ
Knauf Middle East
Gypsemna Co. LLC
Global Mining Co. LLC
Gulf Gypsum Co
National Gypsum Co
Etex Group
Lafarge Group
Saint – Gobain Gyproc India Ltd
Taishan Gypsum Co.
Yoshino Gypsum Co., Ltd
Kingspan Group plc
Winstone Wallboards Limited
Supress Products, LLC
Gyptec Iberica.
The drywall and gypsum board market report thoroughly analyzes macro-economic factors and every segment’s market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market player’s presence in the respective segment and region/country. The information concluded in the report includes the inputs from the primary interviews.
Drywall and Gypsum Board Market Report Covers Comprehensive Analysis On:
Market Segmentation & Regional Analysis
Market Size of 10 years
Pricing Analysis
Supply & Demand Analysis
Product Life Cycle Analysis
Porter’s Five Forces & Value Chain Analysis
Developed & Emerging Economies Analysis
PEST Analysis
Market and Forecast Factor Analysis
Market Opportunities, Risks, & Trends
Conclusion & Recommendation
Regulatory Landscape
Patent Analysis
Competition Landscape
15+ Company Profiles
Drywall and Gypsum Board Market Regional Analysis Includes:
North America (US, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA
Drywall and Gypsum Board Market: Target Audience
Drywall and gypsum board manufacturers
gypsum board distributors and suppliers
Gypsum manufacturers
Plasterboard manufacturers
Plasterboard traders/distributors/suppliers
Manufacturer of raw materials
About Market Statsville Group
(MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.
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