The global plasterboard market is forecast to reach USD 32.31 Billion by 2027, 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.
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.
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Key participants include 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.
Further key findings from the report suggest
• Among the edge types, square-edge accounts for the largest market share of ~25% in the year 2019. 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 2019 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.
• The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.
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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; 2017-2027)
• Moisture-resistant
• Sound-insulated
• Fire-resistant
• Thermal
• Impact-resistant
• Others
Edge type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2017-2027)
• Square
• Tapered
• Round
• Beveled
• Others
End-User Outlook (Volume, Kilo Tons and Revenue, USD Million; 2017-2027)
• Industrial
• Commercial
• Residential
Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Point Summary of the Report:
The global Plasterboard market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.
The study also analyses the crucial market aspects, including R&D, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.
The Global Plasterboard Market includes relevant and verified information relating to the overall market, key players, and their market position and financial standing. The report utilizes advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, investment return analysis, and feasibility analysis to offer a comprehensive view of the market position of the major players of the industry.
To summarize everything stated above, the report offers key insights into the Plasterboard market to allow the reader to gain a complete understanding of the Global Plasterboard Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Plasterboard Market.
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Get FREE Sample Report Before Buying @ https://www.upmarketresearch.com/home/requested_sample/8593 UpMarketResearch offers a latest published report on “Global Plasterboard Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Region-wise Analysis Global Plasterboard Market covers:North AmericaEuropeChinaJapanIndiaSoutheast AsiaOther regions (Central & South America, Middle East & Africa) The Major players reported in the market include:BNBMSaint-GobainEtex CorpKnaufUSGNational GypsumBoralYoshinoBaierJason For More Information, Please Visit https://www.upmarketresearch.com/home/enquiry_before_buying/8593 Global Plasterboard Market: Product Segment Analysis:RegularMoisture ResistantFire Resistant Global Plasterboard Market: Application Segment Analysis:ResidentialCommercialIndustrial The Report covers in-depth analysis as follows:Chapter 1 Industry Overview of PlasterboardChapter 2 Manufacturing Cost Structure Analysis of PlasterboardChapter 3 Technical Data and Manufacturing Plants Analysis of PlasterboardChapter 4 Global Plasterboard Overall Market OverviewChapter 5 Plasterboard Regional Market AnalysisChapter 6 Global 2013-2018E Plasterboard Segment Market Analysis (by Type)Chapter 7 Global 2013-2018E Plasterboard Segment Market Analysis (by Application)Chapter 8 Major Manufacturers Analysis of PlasterboardChapter 9 Development Trend of Analysis of Plasterboard MarketChapter 10 Plasterboard Marketing Type AnalysisChapter 11 Consumers Analysis of PlasterboardChapter 12 Conclusion of the Global Plasterboard Market Professional Survey Report 2017 Buy Plasterboard Market analysis & forecast 2018-2023 Report along with complete TOC @ https://www.upmarketresearch.com/buy/plasterboard-market “Plasterboard Market Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
The global gyprock plaster Market is predicted to grow at a promising 5.5% CAGR over the assessment period (2016-2022).
It is mostly used in commercial and residential frame construction as a ceiling lining or internal wall boards, giving the frames various properties namely eco-friendliness, reducing noise transmission effectively across the walls and accumulation of moisture in kitchens and bathrooms.
Plasterboards possess good acoustic and thermal insulating properties and is also fire-resistant in nature.
It is not ideal for use especially in wet areas.
These factors as per the Market Research Future (MRFR) report include rising consumer preference for durable and low-cost construction materials, easy installation, rapid urbanization, growing government focus on the development initiatives for encouraging infrastructural development in non-residential and residential sectors, accessibility of sufficient raw materials, and development of innovative products.
On the contrary, environmental concerns coupled with dearth of recycling plants that create difficulties in the use and disposal of plasterboard are factors that may hinder the growth of the plasterboard market.Market SegmentationMRFR report provides an extensive segmental analysis of the plasterboard market on the basis of type, edge type and application.Based on type, it is segmented into fire resistant, sound insulation, damp proof, moisture resistant, insulated and others.
