Dry Wall and Gypsum Board Market Size, Status, Global Demands and Top Manufacturers 2025
Dry walls are gaining momentum in the global market as these walls are lightweight, require very little space and also provide very attractive looks in the interior of the residential or commercial buildings.
Description
Dry Wall and Gypsum Board Market
Dry Wall and Gypsum Board Market - by Product (Wallboard, Ceiling Board and Pre-decorated Board), by Application (Pre-Engineere Metal Buildings, Residential, Industrial, Commercial and Institutional) and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025).
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The dry wall and gypsum board market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the aspects of dry wall and gypsum board industry.
Dry Wall and Gypsum Board Market Introduction
The drywall and gypsum board market is expected to register a CAGR of 11.8% during the forecast period (2020-2025). Gypsum board manufacturers companies are producing specialty products for targeting the industrial application segment. Due to fast installation and immense innovation in the product compared with traditional plasterboards is expected to boost the market growth over the forecast period. Dry walls are gaining momentum in the global market as these walls are lightweight, require very little space and also provide very attractive looks in the interior of the residential or commercial buildings.
Factors Affecting the Dry Wall and Gypsum Board Industry Over the Forecast Period-
- Time efficient and economical construction techniques and temporary solutions are some of the key factors that are estimated to fuel the growth of the dry wall and gypsum board market
- Increase in standard of living as well as spending power of an individual has lead to increase in demand of dry wall and gypsum boards which boost the growth of the global market over the forecast period
- Increase in demand for interiors of residential and commercial buildings demand Drywall and gypsum boards.
- Fluctuation in raw material prices regarding gypsum mining which increases the cost of investment leads to decreases in market growth hence one of the major challenges faced by the industry
- Factors such as increasing urban migration in major economies, rise in government spending in the real estate market for residential construction coupled with the growing need for high-class residential homes is anticipated to aid the dry wall and gypsum board market growth
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Impact of COVID-19 on Dry Wall and Gypsum Board Market :
Dry wall and gypsum board market had a major impact of the coronavirus COVID-19 outbreak. Due to the pandemic government and other local authorities has imposed complete lockdown in severly affected areas which has the disrupted supply and demand channels. Due to the lack of work force and social distancing construction had a huge loss and affect the dry wall and gypsum market. On the other half of 2020, market is expected to grow at exponentially as the demand is rising, aiming to recover losses made in first half.
Dry Wall and Gypsum Board Market: Scope of the Research
The report outlines the global dry wall and gypsum board market study based only product and application
Based on the product, the dry wall and gypsum board market has been segmented into –
- Wallboard
- Ceiling Board
- Pre-decorated Board
Based on the application, the dry wall and gypsum board market has been segmented into –
- Pre-Engineered Metal Buildings
- Residential
- Industrial
- Commercial
- Institutional
Dry Wall and Gypsum Board Market : Regional Outlook
Based on the region, the global dry wall and gypsum board market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, Asia Pacific held the largest share in the global dry wall and gypsum board market, followed by North America and Europe. Moreover, Asia Pacific is expected to grow with high growth rate over the forecast period.
Dry Wall and Gypsum Board Market: Key Competitors
The global Dry Wall and Gypsum Board Market is highly fragmented, with the presence of a large number of small players across the globe. The key players operating in the dry wall and gypsum board in the global market are
- USG Zawawi Drywall LLC SFZ
- Knauf Middle East
- Gypsemna Co. LLC
- Global Mining Co. LLC
- Gulf Gypsum Co
- National Gypsum Co
- Etex Group
- Lafarge Group
- Saint - Gobain Gyproc India Ltd
- Taishan Gypsum Co.
- Yoshino Gypsum Co., Ltd
- Kingspan Group plc
- Winstone Wallboards Limited
- Supress Products, LLC
- Gyptec Iberica
The Dry Wall and Gypsum Board Market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the market player’s presence in the respective segment and region/country. The information concluded in the report includes the inputs from the primary interviews.
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