The global plasterboard market is projected to register growth at a robust rate during the forecast period, 2023-2027. The market growth can be attributed to the rise in construction activities, growing urbanization and emergence of environment-friendly construction techniques. Plasterboards offer unique properties such as insulation to sound and heat, impact resistance, and moisture resistance. The demand for plasterboards is increasing significantly owing to superior quality, low-cost, and ease of installation. Besides, strong demand for dry construction methods over wet methods is augmenting the market growth. Rise in personal disposable income of the middle-class population is facilitating the expansion of middle-class housing segment, which in turn, is expected to accelerate the adoption of plasterboards during the forecast period. Moreover, high investment in the construction sector by private players and governments to advance infrastructure is acting a major driver for the growing adoption of plasterboards. Furthermore, emergence of new and improved varieties of plasterboards by key players are likely to fuel the growth of the global plasterboard market in the coming years. However, poor acceptance of plasterboard among end users due to pre-conditioned mindsets about plasterboards and lack of recyclability of plasterboard might act as a restraining factor for the growth of the global plasterboard market in the coming years.
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The global plasterboard market is segmented on the basis of type, form, end-use sector, and region. Based on form, the market is segmented into tapered-edged and square-edged. The tapered-edged segment is predicted to grow at a higher rate during the forecast period since it is easy and quick to install as compared to the square-edged plasterboard. Based on end-user segment, the market is divided into residential and non-residential. The residential sector dominated the market in 2024-2032, and is projected to grow at a higher rate during the forecast period as plasterboards are used for the construction of wall panels, ceilings, and partitions.
Some of the leading players in the global plasterboard market are Gypsum Management and Supply Inc., Armstrong World Industries Inc, Saint- Gobain S.A., Lafargeholcim Ltd, Knauf Gips Kg, Beijing New Building Material Group, National Gypsum Company, Gyprock, Ahlstrom Corporation, Yoshino Gypsum Co, Ltd. etc.
Attribute | Details |
Historic Data | 2024-2032 – 2024-2032 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2024-2032-2024-2032 and 2022-2027 |
Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
Segments covered | · By Type · By Form · By End-Use Sector |
Region scope | Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa |
Country scope | China; India; Japan; South Korea; Australia; Singapore; Malaysia; France; Germany; United Kingdom; Italy; Spain; United States; Mexico; Canada; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; Qatar |
Key companies profiled | Gypsum Management and Supply Inc., Armstrong World Industries Inc, Saint- Gobain S.A., Lafargeholcim Ltd, Knauf Gips Kg, Beijing New Building Material Group, National Gypsum Company, Gyprock, Ahlstrom Corporation, Yoshino Gypsum Co, Ltd. |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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