Global Gypsum Board Market size was valued at US$ 43.2 Bn in 2019 and the total revenue is expected to grow at 10.6% through 2020 to 2026, reaching nearly US$ XX Bn.

The global Gypsum Board market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Gypsum Board report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Gypsum Board Market Overview:

Gypsum board is widely used for interior walls and ceilings construction. Gypsum board is used in various applications in residential, institutional, industrial, and commercial constructions thanks to its favorable properties like fire resistivity, lightly weighted, durability, and sound isolation.
Global Gypsum Board Market Dynamics:

Rising product demand from the residential sector along with increasing consumer spending on advanced construction materials are driving the gypsum board market demand. Growing construction industries and increase in demand for single-family and multi-family house constructions across the emerged and emerging economies including India, China, South Africa, and Russia, propel the market growth. The increasing scope of making aesthetic improvements in the building structures thanks to the product's ability to offer innovative designs and textures on its surfaces is further boosting the product demand. For example, wallboards and ceiling boards are extensively used to improve the interior in residential and commercial buildings. Major players in the market focus on increasing their production rates and introduce advanced products with improved strength and durability. Additionally, the players are investing in R & D to improve products that are specific to interior decorative applications. These factors are expected to drive the gypsum board market growth during the forecast period 2020-2026.

Supported government rules for the construction plans and growing investments from foreign players in the major countries are expected to create new opportunities for the industry players. Furthermore, volatile raw material prices and mining restrictions in several economies are the major factors expected to hamper the gypsum board market growth.
Global Gypsum Board Market Segment Analysis:

By Product, the gypsum board market is segmented into Pre-decorated Board, Wallboard, and Ceiling Board. The Wallboards product segment accounted for the largest market share of around 47% in 2019 attributed to the increasing adoption of wallboards as a substitute to plaster and lath. Rising demand for sustainable construction is estimated to propel the product demand during the forecast period. Furthermore, continuous innovation in the product is further driving the demand in construction applications.

Global Gypsum Board Market

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By Application, the market is segmented into Commercial, Residential. The residential application segment held the largest share of more than 45% in terms of revenue in 2019 and is expected to grow at a rapid pace during the forecast period 2020-2026. This growth is attributed to rising population coupled with growing demand for aesthetically improved materials in the building architecture is expected to drive the segment growth.

Additionally, the increasing number of construction projects in several countries including China, India, Brazil, Russia and the U.S. is estimated to boost the product demand during the forecast period. Rising construction activities over the globe are driving the demand for construction materials with less environmental impact.

Gypsum Board Market
Global Gypsum Board Market Regional Insights:

North America is dominating the Global Gypsum Board Market

North America emerged as the largest region for the global gypsum board market in 2019 accounted for around 41% share in terms of revenue. Increasing demand for sustainable construction with the wide acceptance of advanced technology and availability of skilled laborers. Growing residential and commercial construction spending in the region is a major factor propelling the market growth. Additionally, the presence of key manufacturers in the region is further boosts the market demand.

Asia Pacific is expected to dominate the Global Gypsum Board Market

The Asia Pacific is expected to witness significant growth during the forecast period 2020-2026. This growth is attributed to well-developed construction industries along with increasing construction projects in India and China are driving the product demand and are expected to boost the market growth during the forecast period.

The Middle East & Africa are expected to be the highest market during the forecast period thanks to the rising construction industry coupled with growth in investments in the region. Countries, including Qatar, Oman, and Jordan are estimated to register significant growth in terms of revenue. Rising gypsum production in Oman and Saudi Arabia is a major driving the gypsum board market growth in the region.

Gypsum Board Market

The objective of the report is to present a comprehensive analysis of the Global Gypsum Board market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Gypsum Board market dynamics, structure by analyzing the market segments and project the Global Gypsum Board market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Gypsum Board market make the report investor’s guide.

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Global Gypsum Board Market Scope: Inquire before buying

Global Gypsum Board Market
Global Gypsum Board Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Gypsum Board Market Key Players

• YOSHINO GYPSUM CO.,LTD
• AYHACO Gypsum Products Manufacturing.
• LafargeHolcim
• Saint-Gobain
• Etex
• Beijing New Building Material (Group) Co., Ltd.
• NATIONAL GYPSUM PROPERTIES LLC
• Global Mining Company
• United Mining Industries.
• Gulf Gypsum Industrial
• Knauf Gips KG
• ZAWAWI MINERALS LLC.
• Gypsemna
• VOLMA
• VANS Gypsum
• Osman Group
• PABCO Gypsum
• CHIYODA UTE CO., LTD.
• CONTINENTAL BUILDING PRODUCTS
• Georgia-Pacific Gypsum LLC
• Others

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