This report on the global Gypsum Board market from Reports and Data provides a comprehensive analysis of the current and emerging market trends along with key industry developments to assist users, readers and investors in understanding market scenarios fully. The global gypsum board market size was USD 51.10 Billion in 2021 and is expected to register a revenue CAGR of 11.9% during the forecast period. Rising demand for gypsum boards from construction and building sector, rising number of residential and commercial buildings, and growing preference for aesthetically pleasing interior designs worldwide are key factors expected to drive gypsum board market revenue growth over the forecast period. Rising focus of consumers and spending on advanced construction materials and growing trend of high-end residential apartments are some other factors rising demand for gypsum boards in the construction sector and are expected to further contribute to revenue growth of the gypsum board market over the forecast period.

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Market Overview:

Over the past few years, the manufacturing and construction industry has steadily expanded in terms of revenue, and during the forecast period, 2023-2030, it is expected to grow at a robust rate. A number of factors have contributed to this, including rapid growth in the construction and building industries, rapid industrialization and urbanization across the globe, and technological advancements in manufacturing. Due to growing awareness of environmental impact and carbon emissions in recent years, green construction and energy efficient buildings have become increasingly popular. The global market is expected to grow during the forecast period due to factors such as a rapidly growing global population, changing lifestyle preferences, the increasing demand for smart buildings, an increase in renovations and reconstructions worldwide, and an increase in eco-friendly construction activities. Other factors expected to boost global market growth include rising disposable income, government schemes, and private investments to support manufacturing and construction industries.

Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, R&D investments, and joint ventures to gain robust footing in the market.  Some of the major key companies operating in the global Gypsum Board Market Report include National Gypsum Services Company, Saint-Gobain Gyproc India Ltd, USG Corporation, American Gypsum Company, LLC., Georgia-Pacific., Global Gypsum Co. Ltd, Holcim, Knauf Digital GmbH, Etex Group, Certainteed and others.

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Gypsum Board Market Segmentation:

Type Outlook:

·         Regular Gypsum Board

·         Type X

·         Others

End-Use Outlook:

·         Residential

·         Institutional

·         Commercial use

·         Industrial

·         Others

Regional Outlook:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)

·         Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)

·         Latin America (Brazil, Rest of LATAM)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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