Gypsum Board Market To Reach USD 19500 Million by 2029, witnessing a CAGR of 3.5% - Valuates Reports

News provided by

Feb 28, 2023, 10:01 ET

BANGALORE, India, Feb. 28, 2023 /PRNewswire/ -- Gypsum Board market is segmented by type (Regular, Moisture Resistant, Fire Resistant), by application (Residential, Commercial, Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2022 - 2028. It is published in Valuates Reports under the Construction & Maintenance Category.

The global Gypsum Board Market was valued at USD 15280 million in 2022 and is anticipated to reach USD 19500 million by 2029, witnessing a CAGR of 3.5% during the forecast period 2023-2029.

Major Factors Driving The Growth Of The Gypsum Board Market

Gypsum market growth is primarily being fueled by expanding home construction trends, rapid urban migration in key economies, higher government investment in residential real estate, and rising demand for upscale residential properties. During the course of the forecast period, the rising demand for residential construction projects is anticipated to boost the worldwide gypsum board market. To fulfill the demand for housing, there has been a major undersupply globally. This provided a significant opportunity for investors and developers to adopt alternative construction techniques and form new alliances to advance development.

Browse The Detailed Report: https://reports.valuates.com/market-reports/QYRE-Auto-29R2405/global-gypsum-board

TRENDS INFLUENCING THE GROWTH OF THE GLOBAL GYPSUM BOARD MARKET

The demand for building materials enabling high-performance facilities has grown along with buildings' complexity and connectivity. New urban living styles are created by modern architecture. Also, there is a considerable need for building and construction materials. One of the most often utilized building materials, particularly in interior design projects, is the gypsum board. Gypsum has several uses in the construction industry because of its characteristics and many products. Gypsum board is a common surface material used in the building of walls and ceilings. This factor is expected to drive the growth of the Gypsum Board market.

Since then, gypsum has been a widely used building material, its popularity increased as a result of its capacity to produce an effortlessly smooth, white surface devoid of scars and fissures as well as an aesthetically pleasing atmosphere. Gypsum board, often known as wallboard or plasterboard, is frequently used to build sturdy, high-quality walls and ceilings that are stable and long-lasting and that are simple to decorate or refinish. Given that it can be used with insulation and soundproofing material, it has many advantages over other building materials. It can be bent, exposed to fire and water, utilized for external applications, and used on both straight and curved walls. This factor is expected to drive the growth of the Gypsum Board market.

A number of new gypsum board products that have just entered the market and are more ecologically friendly and superior in many aspects to the classic gypsum board have been developed with the aid of new technology. Gypsum board has benefits such as affordability, simplicity in finishing and installation, fire resistance, nontoxicity, sound attenuation, and availability. This factor is expected to drive the growth of the Gypsum Board market.

Get Sample Report Today: https://reports.valuates.com/request/sample/QYRE-Auto-29R2405/Global_Gypsum_Board_Market

GYPSUM BOARD SHARE ANALYSIS:

The two largest markets, Europe and North America account for about 40% of the global market. The revival of the housing sector following the recession is anticipated to lead to significant growth in developed regions like North America and Europe.

With a share of around 60%, regular is the most common variety. Because of its use as drywall or in decorations, regular gypsum board, also known as the standard board, is the most widely used type. Due to its healthy consumption, it commands a large portion of the market and is anticipated to maintain this dominance over the projection period. Moreover, it is more affordable than other gypsum board types, making it the first option for typical applications. Moisture-resistance board, fire-resistance board, and several other varieties of drywall boards are all included in Type X gypsum board. Pre-decorated and mobile house boards, among other gypsum board products, have a tiny market share globally but are anticipated to grow significantly over the coming years.

The primary application, which accounts for around 45% of usage, is residential. Throughout the anticipated period, the residential application segment will hold the greatest market share. The demand for this market is being fueled by factors like the expanding urban population and rising interest in materials with improved aesthetics in building design.

Buy Regional Market Chapter:

https://reports.valuates.com/market-reports/QYRE-Auto-29R2405/global-gypsum-board/3

Key Companies:

BNBM
Saint-Gobain
Etex Corp
Knauf
USG
National Gypsum
Boral
Yoshino
Baier
Jason

Buy Chapter On Company Profiles: https://reports.valuates.com/market-reports/QYRE-Auto-29R2405/global-gypsum-board/7

Buy Now for Single User + Covid-19 Impact :

https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-29R2405 &lic=single-user

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS:

- Gypsum market was valued at USD 16320 million in 2022 and is anticipated to reach USD 22290 million by 2029, witnessing a CAGR of 4.5% during the forecast period 2023-2029.

- Desulphurization Gypsum market was valued at USD 921.6 million in 2022 and is anticipated to reach USD 1082.7 million by 2029, witnessing a CAGR of 2.3% during the forecast period 2023-2029.

- Synthetic Gypsum market size is estimated to be worth USD 1265 million in 2022 and is forecast to a readjusted size of USD 1487.2 million by 2028 with a CAGR of 2.7% during the review period.

- Wood-fiber Gypsum Board Market

- Gypsum Boards and Gypsum Plaster Market

- Flue Gas Desulfurization Gypsum (FGDG) Market

- The global Bathroom Vanities market was valued at USD 3431.5 million in 2022 and is anticipated to reach USD 4469 million by 2029, witnessing a CAGR of 3.8% during the forecast period 2023-2029.

- Compact Construction Equipment market size is estimated to be worth USD 17940 million in 2022 and is forecast to a readjusted size of USD 31260 million by 2028 with a CAGR of 9.7% during the review period.

- Vertical Garden Construction market size is estimated to be worth USD 995.4 million in 2022 and is forecast to a readjusted size of USD 1615 million by 2028 with a CAGR of 8.4% during the review period.

- Knee Reconstruction Devices Market estimated at USD 8051.1 million in the year 2022, is projected to reach a revised size of USD 9948.6 million by 2028, growing at a CAGR of 3.6% during the forecast period 2022-2028.

- Construction Hoist market was valued at USD 899 million in 2022 and is anticipated to reach USD 1100.8 million by 2029, witnessing a CAGR of 2.9% during the forecast period 2023-2029.

- Construction Dumper market size is estimated to be worth USD 16840 million in 2022 and is forecast to a readjusted size of USD 20700 million by 2028 with a CAGR of 3.5% during the review period.

- Composting Toilet market size is estimated to be worth USD 44.30 million in 2022 and is forecast to a readjusted size of USD 61.76 million by 2028 with a CAGR of 5.69% during the review period.

- Prefabricated Bathroom Pods market is projected to reach USD 3738 million by 2028 from an estimated USD 2400.6 million in 2022, at a CAGR of 7.7% during 2023 and 2028.

- The Green Building Materials market size is projected to reach USD 372460 million by 2027, from USD 204430 million in 2020, at a CAGR of 8.8% during 2021-2027.

- Cement Boards market was valued at USD 12550 million in 2020 and it is expected to reach USD 17770 million by the end of 2027, growing at a CAGR of 5.1% during 2021-2027.

- Green-Roof market was valued at USD 9918.1 million in 2020 and it is expected to reach USD 22760 million by the end of 2027, growing at a CAGR of 12.6% during 2021-2027.

- Heavy Construction Equipment Market size was valued at USD 176.2 billion in 2020, and is projected to reach USD 273.5 billion by 2030, registering a CAGR of 4.4% from 2021 to 2030.

- Lawn Mower Market is estimated to be worth USD 22790 million in 2022 and is forecast to a readjusted size of USD 51350 million by 2028 with a CAGR of 14.5% during the review period.

- Non-Destructive Testing (NDT) Market size is projected to reach USD 2741.8 million by 2028, from USD 1915.2 million in 2021, at a CAGR of 5.2% during 2022-2028.

- Surface Inspection market size is projected to reach USD 3050.3 million by 2028, from USD 2236.8 million in 2021, at a CAGR of 4.5% during 2022-2028.

- The global Fiber Optics market size is projected to reach USD 15630 million by 2027, from USD 9247 million in 2020, at a CAGR of 7.8% during 2021-2027.

- Industrial Services market size is projected to reach USD 32300 million by 2027, from USD 28360 million in 2020, at a CAGR of 4.4% during 2021-2027.

- Manufacturing Execution System (MES) market size is estimated to be worth USD 12550 Million in 2022 and is forecast to a readjusted size of USD 19270 Million by 2028 with a CAGR of 7.4% during the review period.

- Artificial Intelligence in Manufacturing market size is projected to reach USD 28030 Million by 2027, from USD 1688.4 Million in 2020, at a CAGR of 49.3% during 2021-2027.

- Plastic Contract Manufacturing market size is projected to reach USD 30570 Million by 2027, from USD 22940 Million in 2020, at a CAGR of 3.7% during 2021-2027.

- 3D Scanner market size is estimated to be worth USD 3738.7 million in 2022 and is forecast to a readjusted size of USD 7379.5 million by 2028 with a CAGR of 12.0% during the review period.

- Industrial Fasteners market size is estimated to be worth USD 78810 million in 2022 and is forecast to a readjusted size of USD 113710 million by 2028 with a CAGR of 6.3% during the review period.

- The global Prefabricated Housing market size is projected to reach USD 17210 million by 2027, from USD 13940 million in 2020, at a CAGR of 2.6% during 2021-2027.

- Fine Seed Cleaners Market

Click here to see related reports on Gypsum Board Market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

CONTACT US:

Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg

SOURCE Valuates Reports