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The expanding construction sector, in confluence with the growing adoption of gypsum boards for both commercial and residential applications, is primarily driving the global market. Furthermore, a rise in remodeling and refurbishment activities for the existing infrastructures on account of improving living standards is also augmenting the product demand. The elevating levels of industrialization and the increasing demand for better living conditions and quality housing are further propelling the market growth. Additionally, the introduction of eco-friendly product variants is also anticipated to bolster the market for gypsum boards over the forecasted period. Read more: https://www.syndicatedanalytics.com/gypsum-boards-production-cost-analysis-report
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Significant growth in the building and construction sector represents one of the primary factors driving the PVC board market. It is widely used in decorative or external wall panels and the interiors of commercial, public, residential, and office buildings. Additionally, there is a rise in the product demand for use in the ceilings of various vehicles, such as buses, trains, cars, etc., which is further augmenting the global market. Read More: https://www.syndicatedanalytics.com/pvc-board-production-cost-analysis-report
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Global gypsum board capacity was 12.2 billion square meters in 2013, up 8% from a year earlier, and North America was still the region with the largest capacity, accounting for 34%. However, Asia saw rapid expansion in gypsum board capacity in recent years, lagging only 2 percentage points behind North America in 2013. And, it is expected that Asia will surpass North America to be the world’s largest gypsum board production base. China’s gypsum board output has been growing quickly during 2006-2013, at an average annual growth rate of 20.9%, and reached 2.7 billion square meters in 2013, a year-on-year jump of 27.3%. In 2013, 39.4% of China’s total gypsum board output was produced in East China, the largest producing region in the country. Demand for gypsum board in 2013 was 2.57 billion square meters, predominantly contributed by nonresidential public decoration.