The Plasterboard Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
Plasterboard Market covers analysis by Form (Square, Tapered, Round and Beveled); Type (Acoustic Plasterboard, Fire-Resistant, Moisture-Resistant, Insulated Plasterboard, Impact Plasterboard and Others); and End-Use Sector (Residential and Commercial), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Plasterboard is used to create partitions and lining, including ceilings, floors, and interior walls. Popularly known as gypsum board, drywall. It holds gypsum plaster sandwiched between layers of thick sheets. It is used to keep a building fire resistant, free from fungi and from further possibilities.
Purpose of the Report
The report Plasterboard Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Plasterboard Market Segmentation
Form
- Square
- Tapered
- Round and Beveled
Type
- Acoustic Plasterboard
- Fire-Resistant
- Moisture-Resistant
- Insulated Plasterboard
- Impact Plasterboard and Others
End-Use Sector
- Residential and Commercial
Geography
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Geography
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
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Plasterboard Market Growth Drivers
- Construction Boom: It has led to increased speed in the urbanization process and increased residential, commercial, and infrastructural developments that drive the demand for plasterboards. Plasterboard is becoming an integral part of any modern construction by valuing it essential for walls, ceilings, and partitions, hence further encouraging its use in new construction projects around the globe.
- Demand for Energy Efficiency: The growing awareness of energy efficiency in the buildings is found to be boosting the demand for plasterboards. These types of plasterboards having insulation are expected to improve thermal and acoustic performance, thereby also matching the trend of continuing to create more sustainable and energy-efficient buildings in the residential and commercial sectors.
- Renovation and Remodeling: Plasterboard has taken central importance in refurbishing interior spaces because of the need to modernize them in older buildings. Particularly in developed markets, this trend has increased plasterboard demand for residential and commercial refurbishments, thus being a key player in the renovation sector.
Plasterboard Market Future Trends
- Sustainable and Green Products: The orientation towards the use of green construction materials causes a spree of demand for sustainable plasterboards. This demand shall deeply imply the future preference for eco-friendly boards manufactured entirely with recycled materials and using low-emission production processes since green certifications in buildings and sustainability at the construction site will soon become norms in the industry.
- Integration with Smart Technology: Increasingly, smart plasterboards combined can have sensors to monitor temperature, humidity, or even structural integrity. These advanced materials will enable real-time performance capability analyses of buildings, improving energy efficiency and maintenance practices; this will be a key future trend for construction.
- Fire-Resistance Products: In this regard, because fire safety is still a key issue, future plasterboards will be characterized by much more fire-resistant developments. Research on fire-resistant additives and materials is expected to yield entirely new, better fire-protection standards and the ability to comply with the tightening rules on fire safety of buildings.
Plasterboard Market Opportunities
- Emerging Market Expansion: Undoubtedly, these places have been Asia-Pacific, Africa, and Latin America, which hold great potential for plasterboard manufacturers and construction companies during this emerging boom. The demand for modern materials such as plasterboard will continue to rise with the accelerating urbanization in these places.
- Renovation and Retrofit Projects: An emerging modern trend is retrofitting existing buildings with modern energy-efficient materials, presenting lucrative opportunities for plasterboard suppliers. On features such as improved insulation, fire resistance, aesthetics, and cost-effectiveness, plasterboard is a leading contender for renovation works, particularly in older buildings.
- Growth of Prefabricated Buildings: In fact, as modular and prefabricated buildings are becoming more and more popular, the gypsum board will come up with the most crucial role of all. The application of gypsum boards in modular and prefabricated construction gives a great opportunity to the manufacturers to supply materials for construction methods that are much quicker and cost-effective in industries such as residential, commercial as well as health care.
Plasterboard Market Regional Insights
The regional trends and factors influencing the Plasterboard Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Plasterboard Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Plasterboard Market
Plasterboard Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Form
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Plasterboard Market Players Density: Understanding Its Impact on Business Dynamics
The Plasterboard Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Plasterboard Market are:
- ETEX
- Jason Plasterboard Co., ltd.
- American Gypsum Company
- Saint-Gobain S.A.
- Knauf Gips KG
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Plasterboard Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Plasterboard Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Plasterboard Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Plasterboard Market is estimated to witness a CAGR of 5% from 2023 to 2031
Construction boom is a key driver in the market.
ETEX, Jason Plasterboard Co., Ltd., American Gypsum Company, Saint-Gobain S.A., Knauf Gips KG, USG Corporation, Lafarge Holcim Group, National Gypsum Company, Yoshino Gypsum Co., Ltd., and Georgia-Pacific Gypsum LLC are some of the key players in the market.
The square form segment accounted for the largest market share in 2023
The Asia Pacific market is expected to account for the highest CAGR during the forecast period owing to the increasing construction projects in the region.
Growing demand for smart plasterboards is an emerging trend in the market.
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The List of Companies
1. ETEX
2. Jason Plasterboard Co., ltd.
3. American Gypsum Company
4. Saint-Gobain S.A.
5. Knauf Gips KG
6. USG Corporation
7. LafargeHolcim group
8. National gypsum Company
9. Yoshino Gypsum Co., ltd.
10. Georgia-Pacific Gypsum LLC