Gypsum Boards Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027


Future Market Insights

$ 5000

Global Gypsum Boards Market: Snapshot

Used as an aesthetic building material, Gypsum boards have a non-combustible core and are highly popular in the construction industry owing to varied use, sizes, textures and flexibility. Besides, they are economical to use. Also, it is important to note here that partitions, ceilings and walls using gypsum boards enjoy features that are otherwise hard to find. These lightweight boards offer such structures resistance to fire and durability. Thus, the global gypsum market is set to witness a steady growth over the forecast period.

Some of the other factors to shape the contours of future strategic landscape in the global gypsum boards market are:

  • The massive increase in construction volumes that the world is set to witness will drive the Gypsum market forward at an impressive pace. By 2030, it is expected that output will increase by 85% globally. This translates to a market worth of USD 15.5 trillion. This growth would be pronounced in India, China and the United States. These countries will together hold 57% of the market growth in the said period.
  • Rise in population that world is set to witness is remarkable. And, it will bring forth good news for gypsum boards market as demand for living space in terms of homes, offices and recreational centers will increase substantially. Besides, it is worth noting here that need for aesthetically appealing building will mark the forecast period.

Gypsum boards consist of a non-combustible core, and as the name suggests, are made of gypsum; these boards are employed as an aesthetic building material. The popularity of gypsum boards is a result of their application for decorative purposes, owing to their availability in different shapes and sizes, textures, their cost-effectiveness and flexibility. The gypsum boards market is foretold to witness sturdy growth over the forecast period, due to the product’s desirability in building systems. The gypsum boards market offers light weight, durable, fire resistant and sound control products that are widely used for partitions, ceilings and walls in both, interiors and exterior of a building.

Gypsum boards, also known as plasterboards or wallboards, can be directly attached to metal or wooden framing by using any convenient method – making them prevalent in the market to serve as suitable substitutes over traditional coverings and planks in the coming future.

It is forecasted that growth in the gypsum board market depends upon development in the building construction sector, owing to its usage in the above mentioned fields. Attributing to extensive development in commercial and housing sectors, European countries and the U.S. are among the more significant consumers in the gypsum boards market. With the increasing demand to maintain better qualitative standards and living conditions in commercial, residential and industrial areas, the gypsum boards market is expected to grow substantially over the forecast period.

Gypsum Boards Market: Drivers and Restraints

One of the prevalent factors expected to drive growth of the gypsum board market is development in the construction sector, wherein gypsum boards are adopted as significant building materials. Gypsum boards are economic, easy to install, offer sound dampening properties; hence, can readily replace other materials used in construction, such as wood, bricks, plywood and others. This is expected to accelerate demand for the gypsum boards market over the forecast period.

Players involved in the construction of industrial, institutional, residential and commercial sectors are expected to enhance prospects for the gypsum boards market by opting for these boards while building partition walls, ceilings, and dividing screens systems.

However, fluctuation in the import pricing of raw materials from other countries, in terms of taxation may impede the gypsum boards market. Whereas, countries involved in the export business are expected to present a stable pricing scenario depending on macroeconomic traits.

Gypsum Boards Market: Segmentation

The gypsum boards market can be segmented on the basis of product type:

  • Wallboard

  • Ceiling Board

  • Interior Wall

  • Exterior Wall

  • Tile Base

  • Accent Wall

  • Movable Partition

The gypsum boards market can be segmented on the basis of application:

  • Industrial

  • Residential

  • Commercial

Gypsum Boards Market: Region-Wise Outlook

The gypsum boards market in developing countries, such as India, China, Malaysia, Brazil and many others is expected to grow, owing to the increasing demand for improved housing construction and enhanced living standards. Despite the gypsum boards market being well established in regions, such as the U.S., Germany and Italy, the market in emerging countries is anticipated to hold relatively more significant opportunities over the forecast period. Also, upsurge in urbanization and migration towards urban regions have led to an increase in investment in the gypsum boards market over the forecast period.

Over the coming years, the Middle East is expected to account for substantial growth in the global gypsum boards market, attributing to heavy investment in tourism and commercial infrastructure in the region. The Latin America region is anticipated to witness robust growth in the gypsum boards market, due to increasing expenditure in the residential construction sector over the forecast period.

South African nations are opting for innovative technologies over traditional methods in the infrastructure sector. Thus, the region is anticipated to observe increasing demand for gypsum boards, resulting to noteworthy scope for the gypsum boards market over the forecast period.

Gypsum Boards Market: Market Participants

Examples of some of the market participants in the gypsum boards market, identified across the value chain are mentioned below:

  • Saint-Gobain

  • United Mining Industries

  • Taishan Gypsum Co., Ltd.

  • Knauf

  • Baier Group Gypsum Decorative Building Materials Department

  • Yoshino Gypsum Co., Ltd.

  • Gulf Gypsum Board

  • Gypsemna

  • Georgia-Pacific Gypsum LLC

  • Arcat, Inc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.