Title: Global Gypsum Board Market Share, Size, Price Trends And Forecast 2018-2023
1 Global Gypsum Board Market Catalyzed by
Infrastructural Developments
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3Report Description and Highlights
Report Description
Global Gypsum Board Market Catalyzed by
Infrastructural Developments The global gypsum
board market is growing at a healthy rate. This
can be accredited to several factors such as
rising disposable incomes, rapid urbanisation and
industrialisation, government support and a
strong demand from the construction
industry. Gypsum board, commonly known as
drywall, is a panel made by using an amalgamation
of gypsum and water, pressed amidst two sheets of
thick paper. It acts as a building material for
walls, ceilings as well as partition systems in
residential and commercial buildings. Gypsum
board is considered as a speedier alternative to
traditional plastering process. Some of the
benefits of using a gypsum board include
durability, lightweight, cost-effectiveness, ease
of installation, fire-resistant, etc. A new
research report by IMARC Group, titled Gypsum
Board Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2018-2023, estimates that the market was worth
US 21 Billion in 2017. The report further
anticipates the market to cross US 30 Billion by
2023, at a projected CAGR of more than 6 over
the forecast period.
4Report Description and Highlights
Report Description
- Market Drivers/Constraints
- Owing to the global economic crises, the
production of gypsum deteriorated consistently
since the year 2008-2010. Nevertheless, the
revival of the construction industry in the year
2011 has led to a rise in the demand for gypsum
boards across the world. - In addition, rising disposable incomes,
urbanisation, awareness and growing fascination
of consumers about environment-friendly and safer
construction materials have increased the demand
of gypsum boards for retrofitting and renovation
of oil buildings. - Some of the other factors that are propelling the
growth of the global gypsum board market include
increasing population, infrastructural
developments, large-scale industrialisation,
growing demand for quality housing and better
living standards, and favourable government
policies. - However, there are several factors that hamper
the market growth. While it is easy to apply
plaster at any curvy spaces, applying gypsum
board over intricate surfaces can be quite
challenging. - Read more here https//www.imarcgroup.com/gyp
sum-board-manufacturing-plant
5Report Description and Highlights
Report Description
Product Type Insights On the basis of type,
wallboard represents the largest segment in the
global gypsum board market. Wallboard is followed
by ceiling pre-decorated board and
others. End-Use Insights Based on
end-use, the report finds that residential is
currently the largest end-use segment of gypsum
board. It is followed by corporate, commercial
and institutional. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
579flagB
6Report Description and Highlights
Report Description
- Regional Insights
- On a geographical front, North America enjoys a
leading position in the market. North America is
followed by Asia Pacific, Western Europe, Eastern
Europe, Middle East and Africa, and Central and
South America. - Competitive Landscape
- The market is moderately fragmented and
surrounded by the presence of both small and
large manufacturers. There prevails an intense
competition in the market, thereby making it
challenging for the small players to survive.
Some of the leading players operating in the
market are - BNBM Group
- Saint-Gobain
- Knauf
- Etex
- USG Boral
- Yoshino
- Browse more related reports
- Laminate Flooring Market https//www.imarcgroup.c
om/laminate-flooring-market - Plywood Market https//www.imarcgroup.com/plywood
-market
7Report Description and Highlights
Report Description
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