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

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?

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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	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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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