Building a Solid Future: Gypsum Panel Market Projected to Reach US$98.06 Billion by 2030
The construction industry is set for steady growth with the gypsum panel market projected to reach a staggering US$98.06 billion by 2030. This translates to a significant CAGR of 11.3% from 2024, driven by rising urbanization and increasing demand for durable, fire-resistant building materials, according to a new report by Maximize Market Research.
Gypsum Panels: A Versatile Choice for Modern Construction
Gypsum panels, also known as drywall, are a staple in modern construction. Their lightweight nature, ease of installation, and fire-resistant properties make them a popular choice for walls, ceilings, and partitions in both residential and commercial buildings.
Market Takes Shape: A Segmented Landscape
The gypsum panel market is segmented by product type (pre-decorated boards, wallboards, ceiling boards) and application (commercial, residential). This segmentation allows manufacturers to cater to specific construction needs and preferences.
Global Players Building a Strong Foundation: Key Manufacturers
- YOSHINO GYPSUM CO., LTD (Japan)
- AYHACO Gypsum Products Manufacturing (Saudi Arabia)
- LafargeHolcim (Switzerland)
- Saint-Gobain (France)
- Etex (Belgium)
- Beijing New Building Material (Group) Co., Ltd. (China)
- NATIONAL GYPSUM PROPERTIES LLC (United States)
- Knauf Gips KG (Germany)
- USG Corporation (United States) (Consider adding USG Corporation as a well-known North American manufacturer)
A Regional Outlook: Growth Spurt Across the Globe
The gypsum panel market is expected to witness significant growth across all regions. Asia Pacific is poised for the fastest growth due to rapid urbanization and government investments in infrastructure development. North America and Europe are expected to maintain a steady growth rate, driven by renovation and remodeling activities.
COVID-19 Impact: A Temporary Hiccup
The COVID-19 pandemic caused temporary disruptions in the construction industry, impacting the gypsum panel market. However, the report by Maximize Market Research analyzes the ongoing and anticipated impact of COVID-19, including potential opportunities for market recovery and future growth strategies.
Key Questions Answered for Industry Leaders
The Maximize Market Research report explores critical questions for businesses and investors in the gypsum panel market. This includes market size projections, growth drivers and challenges, leading players, emerging trends, and the impact of COVID-19.
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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