- Views: 3
- Report Article
- Articles
- Marketing & Advertising
- Press Releases
Gypsum Board Market Bolstered by the Innovation of VOC Drywalls
Posted: Apr 01, 2019
Global Gypsum Board Market: Demand Analysis and Growth ForecastGypsum board is also known as drywall, plasterboard, and wallboard; and it is used in the construction industry as a building material owing to its robust fire-resistant traits. Gypsum board market is gaining traction from the construction industry wherein safety measures are gaining demand. This demand also resonates with a recent business publication by IndustryARC, which estimates the global gypsum board market at around $22 billion in 2018, and projects the demand to increment at a CAGR of around 6% during the forecast period of 2019 to 2025. The report is titled "Gypsum Board Market: By Type (Gypsum Wall Board, Gypsum Ceiling Board, Decorative Boards); By Installation (Purpose, Methods, Tools); By Application (Residential, Commercial Industrial Buildings); By Geography – Forecast (2019-2025)." Increasing demand for gypsum board is due to its versatility as a building material. According to the Gypsum Association, gypsum panel is produced more than 25 billion-square-foot each year in the United States and Canada. In the United States, more than 97% of the structures that are constructed require a gypsum board. Owing to the developing construction industry, it has led to a huge contribution to the economy which has eventually marshaled the gypsum board markets growth. The economic impact of even a single gypsum board plant is incredibly high.Global Gypsum Board Market: Leading SegmentOwing to the recent developments in the gypsum board market, APAC has been observing magnificent growth as compared to other regions. The regional share of the APAC was more than 35% in 2018. China is the fastest growing economy in APAC and gypsum board market adds up to the stroking economic conditions of the country. The construction industry is widely expanding due to which the gypsum boards have sustained a stronghold in the market. The anticipated application CAGR of the residential construction industry is estimated to be around 6% during the forecast period of 2019 to 2025 by the market analyst.Global Gypsum Board Market: Disruptive Trends and Driving FactorsGypsum board has become a basic necessity of the people, it is cost-efficient and easy to install building material. These things have risen its demand in the market and have set up a few trends which are listed below:• Growing Multi-Family Buildings in Residential ConstructionGypsum board is a cost-effective and fire-resistant product with better surface durability and extended wearability in terms of performance. The demand for multi-family buildings is stroking rapidly in developing countries such as the United States, Canada, and China. The gypsum boards are best in sound attenuation for a multi-family building and have the longest durability.• Gypsum Board a Substitute for Soil and FertilizersGypsum boards are vulnerable to moisture, and so, it needs constant replacement. This is a major aspect that can dwarf the gypsum board market size. Hence, the manufacturers have introduced non-paper-faced gypsum boards that are more reliable. Also, VOC drywalls actively removes poisonous gas from the air and converts them into fresh and safe for breathing. This can also be added to soil and fertilizers as a substitute for agriculture gypsum. VOC drywalls are poised to bring upon a revolution in the gypsum board market. Global Gypsum Board Market: Competitive Landscape Some of the major players in the gypsum board market are Lafarge, Saint-Gobain Gyproc, Global Mining Company LLC, and BPB India Gypsum.View Full Table of Contents of Gypsum Board Market :https://industryarc.com/Report/17951/gypsum-board-market.html
Related ArticlesGypsum Concrete Markethttps://industryarc.com/Research/Gypsum-Concrete-Market-Research-502903Roofing Chemicals Markethttps://industryarc.com/Report/16470/roofing-chemicals-market.html
What can you expect from the report?The Gypsum Board Market is Prepared with the Main Agenda to Cover the following 20 points:1. Gypsum Board Market Size by Product Categories & Application 2. Gypsum Board Market trends & Relevant Market Data3. Manufacturer Landscape 4. Distributor Landscape 5. Pricing Analysis 6. Top 10 End-user Analysis 7. Product Benchmarking 8. Product Developments 9. Mergers & Acquisition Analysis 10. Patent Analysis11. Gypsum Board Market Demand Analysis (Revenue & Volume)12. Country-level Analysis13. Competitor Analysis14. Gypsum Board Market Shares Analysis15. Value Chain Analysis16. Supply Chain Analysis17. Gypsum Board Market Strategic Analysis18. Gypsum Board Market Current & Future Market Landscape Analysis19. Opportunity Analysis20. Gypsum Board Market Revenue and Volume Analysis Frequently Asked Questions: Q. Does IndustryARC provide customized reports and charge additionally for limited customization?Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:1. Increase the level of data in the application or end-user industry.2. Increase the number of countries in geography chapter.3. Find out market shares for other smaller companies or companies which are of interest to you.4. Company profiles can be requested based on your interest.5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end-use segment.Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services. Talk to one of our sales representative about the full report by providing your details in the link below:https://industryarc.com/support.php?id=17951 About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.