Plasterboard Market to Reach 30.77 Bn, Globally, By 2026 at a 5.2% | Atiskan Gypsum Products Co. Inc., Armstrong World Industries Inc., Etex Group, Ayhaco Gypsum Products

The global plasterboard market is forecast to reach USD 30.77 Billion by 2026, according to a new report by Reports and Data. The increasing residential construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Rapid urbanization and industrialization will also drive the demand for plasterboard during the forecast period.

Construction Industry is a booming industry and is expected to remain so with the continuation of the development process, especially in the developing countries.

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Leading Players in the Plasterboard Market:
Atiskan Gypsum Products Co. Inc., Armstrong World Industries Inc., Etex Group, Ayhaco Gypsum Products, Georgia Pacific LLC, Fletcher Building Ltd, Gypsemna, Gyprock, Gypsum Management and Supply Inc., Gyptec Iberica, Jason Plasterboard Co. Ltd, LafargeHolcim Ltd, Mada Gypsum Company, National Gypsum Company, Saint-Gobain SA, Siniat Ltd, Tanzania Gypsum Limited, and USG Corporation Boral Ltd, among others.

Competitive landscape
The flourishing construction market in developing countries like Brazil, Mexico, India, and others, induces the growth of the market. Various government and non-government initiatives are further increasing residential construction projects which, in turn, is providing a thrust to the market. Moreover, the booming travel and tourism industry which has led to the rising commercial construction, has increased the demand for plasterboards for aesthetic purposes. Technological developments have also aided in computerizing different designs and offering tailor-made solutions to consumers according to their need.

For this report, Reports and Data have segmented into the global plasterboard market on the basis of product type, edge type, end-user, and region:

Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Moisture-resistant
Sound-insulated
Fire-resistant
Thermal
Impact-resistant
Others

Edge type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Square
Tapered
Round
Beveled
Others

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End-User Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Industrial
Commercial
Residential

Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest

Among the edge types, square-edge accounts for the largest market share of ~25% in the year 2018.

The tapered-edge segment is forecasted to witness a CAGR of 6.1% during the forecast period. Tapered-edge boards are ideal for either jointing or skimming, while the square-edge boards are generally used for textured finishes. Both square and tapered-edged boards are very common among consumers and are easily available in the market.

The fire-resistant products are anticipated to witness the highest growth rate of 6.4% during the forecast period. Type X fire-resistant plasterboards are specially treated with additives to improve its fire-resistive qualities. The paper on the exterior of the board burns slowly and does not contribute to fire spread. Also, the board has a non-combustible core that contains chemically combined water in calcium sulfate, comes out as steam when affected by the fire.

The Asia Pacific region held the largest market share of ~31% in the year 2018 and is anticipated to witness the highest CAGR of 6.2% during the forecast period. High construction & infrastructure spending in emerging economies, including China and India, are majorly escalating the demand for plasterboard.

Moreover, the growing transportation and tourism industry in the region has led to an increased demand for warehouses, hotels, restaurants, and others, which positively impacts the market growth.

Major selling points of this research report

Gives the reader a holistic comprehension of the global market.

Identifies the recent trends and estimated growth rate for the forecast duration.

Helps industry experts, investors, and other participants implement lucrative expansion approaches.

Provides accurate market insights to take informed decisions through presentations and other tools.
Outlines the competitive landscapes with the individual market share of top vendors.

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