Global Gypsum Board Market Outlook

The global gypsum board market reached a value of about USD 24 Billion in 2019. The market is expected to reach a value of USD 33 Billion by 2025, at a projected CAGR of 5.5% over the forecast period.

The global gypsum board market is currently being driven by increasing investments in the construction sector of emerging economies and growing residential real estate sector across the globe. The industry is currently being driven by increasing investments in the construction sector of emerging economies and growing residential real estate sector across the globe. This report by Expert Market Research entitled “Gypsum Board Market Report and Forecast 2020-2025” provides a comprehensive analysis for anyone who plans to foray into the market.

Historical market trends for the market have been provided from 2015-2019 and forecasts have been presented till 2025. Asia-Pacific currently represents the largest industry. The value chain analysis of the gypsum board industry has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the industry based on Porter’s five forces model, which evaluates the level of competition in the industry by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the market has also been provided.

This report provides an exhaustive insight for setting-up and running a gypsum board manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.

Properties and Applications

Gypsum board, often called wallboard, drywall, or plasterboard, is a specific board which is typically installed on the walls and ceilings of the exterior or interior of a residential or non-residential structure. They provide sound control, versatility, quality, convenience and have a non-combustible core which differentiates them from plywood, hardboard, and fibreboard.

The product types in the market can be divided into the following:

Wallboard

Ceiling Board

Pre-Decorated Board

Others

It finds end-use in the following sectors:

Residential

Corporate

Commercial

Institutional

The regions included in the global gypsum board market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Analysis

The trends for aesthetic changes in constructing industry in view of its ability to deliver innovative designs and textures on its surface will increase its application. The construction sector in the country combined with a growth in home and family house construction. Wall panels and ceiling boards for the decoration of residential and industrial buildings are widely used. The growth of public expenditure on the housing sector and the increase in the demand for high quality residential homes is expected to lead to the growth of the industry, for example, rising urban migration in major economies.

Competitive Landscape

The report analyses the following key players in the global gypsum board market, looking into their capacity, competitive landscape, and latest developments like mergers and acquisitions, expansions of capacity, and plant turnarounds:

Beijing New Building Material (Group) Co., Ltd.

Saint-Gobain

Knauf Gips KG

USG BORAL.

Others

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.