Drywall and Gypsum Board Market

Drywall & Gypsum Board Market Analysis, Segments, Key Players, Drivers,
Trends, and Forecast 2017 to 2023
Market Research Future published a half-cooked research report on Global Drywall & Gypsum
Board Market that contains the information from 2017 to 2023. Global Drywall & Gypsum
Board market is expected to grow with the CAGR of approximately 5.95% from 2017 to 2023.
Taste the market data and market information presented through more than 85 market data
tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth
table of content TOC & market synopsis on “Global Drywall & Gypsum Board Market
Information from 2017 to 2023"
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Gypsum boards are light weight construction materials that are widely being used as walls, ceilings
and for partitions in both, residential and non-residential structures. They are often called drywall,
wallboard or plasterboard. It provides sound control, versatility, quality, convenience and their
non-combustible core makes them different from plywood, hardboard and fiberboard. Thus, they
have become prevalent and are serving as a faster alternative to traditional lath and plaster.
Growing construction industry, across the globe is major factor driving the growth of the market.
Moreover, the growing popularity of drywall in residential construction, drives the growth of the
market. However, fluctuating price of raw materials, may restrict the growth of the market.
For the purpose of this study, the global drywall & gypsum board market has been divided based
on products, end-users and regions. On the basis of product, wallboard accounts the largest market
share, and is expected to remain dominant over the forecast period. Based on end-users, residential
sector dominates the application segment of the market and is expected to grow at the highest
CAGR during the forecast period.
Hence, the global drywall & gypsum board market is expected to grow at CAGR of 1.37% during
the forecast period.
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Asia Pacific region dominates the global drywall & gypsum board market
Geographically, the global drywall & gypsum board market has been divided into four major
regions such as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region,
has accounted for the largest market share. Rapid growth in construction sector in Asia Pacific
region, is the primary factor driving the growth of the market. The FDI inflows in construction in
Asia Pacific region, has led to increased construction projects and real-estate development. This,
along with FDI in retail, has pushed the number of retail outlets in the region. This induces the
demand for modular construction in the region. Additionally, major players are targeting the Asia
Pacific region, mainly due to the availability of low-cost labor, and availability raw material stocks.
Hence, production facilities are increasing at a decent rate. This also has a positive effect on the
growth of the market. China, Japan, India, and Singapore are the major markets in Asia Pacific
region.

North America is another major market for the drywall & gypsum board. U.S. is the largest
contributor in global and North America Drywall & Gypsum Board market. Strong development
in commercial and residential structures in the U.S., is anticipated to fuel the demand for market
in the region. Increasing repair and rehabilitation activities of existing infrastructure, create huge
potential demand for market in coming years. In rest of the world, Middle East region is expected
to contribute, significantly, during the forecast period, mainly due to increasing construction
spending and high economic growth.
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‣ USG Zawawi Drywall LLC SFZ (Oman)
‣ Knauf Middle East (Dubai)
‣ Gypsemna Co. LLC (Dubai)
‣ Global Mining Co. LLC (Oman)
‣ Gulf Gypsum Co. (Qatar)
‣ National Gypsum Co. (U.S.),
‣ Etex Group (Belgium)
‣ Lafarge Group (France)
‣ Saint - Gobain Gyproc India Ltd (India)
‣ Taishan Gypsum Co. (China)
This research report provides insights, on various levels of analysis such as industry analysis, and
market share analysis for the leading players along with their profiles. It also helps in studying the
target segments by providing views on emerging & high-growth segments. The market data
comprises the basic assessment of the competitive scenarios & strategies in the global construction
lift market, including high-growth regions and/or countries, and political, & economic
environments. The project report, further, provides views on both the historical market values and
pricing & cost analysis.
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