Drywall and Gypsum Board Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR71915
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The drywall and gypsum board market share is expected to increase by USD 21.76 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.15%.

This drywall and gypsum board market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers drywall and gypsum board market segmentation by application (residential, commercial, industrial, and institutional) and geography (APAC, North America, Europe, MEA, and South America). The drywall and gypsum board market report also offers information on several market vendors, including American Gypsum, Compagnie de Saint-Gobain SA, Etex NV, Global Mining Co. LLC, Gypsemna Co. LLC, Kingspan Group Plc, Knauf Gips KG, LafargeHolcim Ltd., National Gypsum Co., and Yoshino Gypsum Co. Ltd. among others.

What will the Drywall and Gypsum Board Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Drywall and Gypsum Board Market Size for the Forecast Period and Other Important Statistics

 

Drywall and Gypsum Board Market: Key Drivers and Challenges

The growing demand from the construction sector is notably driving the drywall and gypsum board market growth, although factors such as challenges in gypsum processing may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the drywall and gypsum board industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Drywall and Gypsum Board Market Driver

One of the most important industries that use drywall and gypsum boards is the commercial and infrastructure sectors. Gypsum is used to make drywall, glasses, ceramics, plasters, paints, and adhesives that are used in the construction of roofs, walls, ceilings, and floors in commercial, residential, industrial, and institutional buildings. It is also used to control the setting of cement and to prevent flash settings. Based on their sustainability, drywall and gypsum boards are perceived as suitable building materials. Many construction activities are currently being planned and executed in developing economies such as India, China, and Indonesia. Thus, the growth in construction activities is likely to trigger the demand for drywall and gypsum boards that will propel the market during the forecast period.

Key Drywall and Gypsum Board Market Challenge

Whether natural, synthetic, or recycled, gypsum often requires more process before use, especially when it is used for agricultural applications. Gypsum also requires testing on a case-by-case basis to guarantee quality results. It is abrasive in nature and therefore requires robust equipment with rugged pieces. It also faces issues such as dust and clumps during the production of pelletized and powdered gypsum. The material has a natural ability to harden and becomes lumped into a cement-like structure, which makes removing the material from processing equipment difficult. This can give rise to build-up issues that can result in the wear down of moving parts and cause maintenance issues for processing equipment. Its hardening ability can also result in clumping during drying or storage. Another issue that crops up during the processing of gypsum is the variability in its composition. Thus, the challenges prevailing in the processing of gypsum can impede the growth of the market during the forecast period.

This drywall and gypsum board market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Drywall and Gypsum Board Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • American Gypsum
  • Compagnie de Saint-Gobain SA
  • Etex NV
  • Global Mining Co. LLC
  • Gypsemna Co. LLC
  • Kingspan Group Plc
  • Knauf Gips KG
  • LafargeHolcim Ltd.
  • National Gypsum Co.
  • Yoshino Gypsum Co. Ltd.

 

This statistical study of the drywall and gypsum board market encompasses successful business strategies deployed by the key vendors. The drywall and gypsum board market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The drywall and gypsum board market forecast report offer in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Drywall and Gypsum Board Market?

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55% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for drywall and gypsum board in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rising number of infrastructure and construction activities will facilitate the drywall and gypsum board market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Drywall and Gypsum Board Market?

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The drywall and gypsum board market share growth by the residential segment will be significant during the forecast period. Drywall and gypsum boards are gaining popularity in modern residential designs. In residential construction, these state-of-the-art drywall and gypsum boards shells protect the interior from elements such as water and dust and create a safe and comfortable living environment. They also provide optimal thermal performance or optimal heat efficiency for the occupants in residential buildings. The declining size of households worldwide and the increasing interest in residential projects in urban areas will boost the growth of the residential building and construction industries in developing economies, which will drive the demand for drywall and gypsum boards during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the drywall and gypsum board market size and actionable market insights on post COVID-19 impact on each segment.

 

Drywall and Gypsum Board Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.15%

Market growth 2022-2026

$ 21.76 billion

Market structure

Fragmented

YoY growth (%)

7.47

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 55%

Key consumer countries

US, China, Japan, India, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

American Gypsum, Compagnie de Saint-Gobain SA, Etex NV, Global Mining Co. LLC, Gypsemna Co. LLC, Kingspan Group Plc, Knauf Gips KG, LafargeHolcim Ltd., National Gypsum Co., and Yoshino Gypsum Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Drywall and Gypsum Board Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive drywall and gypsum board market growth during the next five years
  • Precise estimation of the drywall and gypsum board market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the drywall and gypsum board industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of drywall and gypsum board market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Residential - Market size and forecast 2021-2026
    • Commercial - Market size and forecast 2021-2026
    • Industrial - Market size and forecast 2021-2026
    • Institutional - Market size and forecast 2021-2026
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2021-2026
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • American Gypsum
      • Compagnie de Saint-Gobain SA
      • Etex NV
      • Global Mining Co. LLC
      • Gypsemna Co. LLC
      • Kingspan Group Plc
      • Knauf Gips KG
      • LafargeHolcim Ltd.
      • National Gypsum Co.
      • Yoshino Gypsum Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The drywall and gypsum board market growth will increase by $21760.96 million during 2021-2026.
      The drywall and gypsum board market is expected to grow at a CAGR of 8.15% during 2021-2026.
      Technavio has segmented the drywall and gypsum board market by application (Residential, Commercial, Industrial, and Institutional) and geographic (APAC, North America, Europe, MEA, and South America).
      American Gypsum, Compagnie de Saint-Gobain SA, Etex NV, Global Mining Co. LLC, Gypsemna Co. LLC, Kingspan Group Plc, Knauf Gips KG, LafargeHolcim Ltd., National Gypsum Co., Yoshino Gypsum Co. Ltd. are a few of the key vendors in the drywall and gypsum board market.
      APAC will register the highest growth rate of 54.50% among the other regions. Therefore, the drywall and gypsum board market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the drywall and gypsum board market growth are:
      • Growing demand from construction sector
      The drywall and gypsum board market vendors should focus on grabbing business opportunities from the residential segment as it accounted for the largest market share in the base year.
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