About Drywall Panels
Drywall panels are used to prepare the interior walls or ceilings in both residential and commercial buildings. The combination of mixtures used can be specific for making the wall fire-resistant, lowering the water absorption, being durable, and sound isolation. The continuous surface of drywall panels increases their scope of application for various interior decorations. Drywall panels remain the most popular and versatile material for creating smooth, finished interior walls and ceilings in residential and commercial construction. Their ease of installation, affordability, and various types make them a practical and adaptable choice for a wide range of building projects.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Drywall Panels market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Saint Gobain (France), Knauf Gips KG (Germany), USG Boral (United States), Johns Manville (United States), Georgia-Pacific (United States), National Gypsum Company (United States), Eagle Materials (United States), Continental Building Products (United States), PABCO Roofing Products (United States), China National Building Material (CNBM) (China) and James Hardie Europe GmbH (Fermacell) (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Drywall Panels market by Type (Regular Drywall Panels, Mold Resistant Drywall Panels, Moisture Resistant Drywall Panels, Fire Resistant Drywall Panels and Other), Application (Residential Building, Commercial Building and Industrial Building) and Region.
On the basis of geography, the market of Drywall Panels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Thickness Type, the sub-segment i.e. 1/2-inch will boost the Drywall Panels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Feet Type, the sub-segment i.e. 4 ft x 8 ft will boost the Drywall Panels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Repair Activities in Developed Nations
Market Growth Drivers:
Increasing Industrialization and Urbanisation in Developing Nations and Growth in Remodeling and Restructuring of the Homes Globally
Challenges:
Prone to Water Damage
Restraints:
Lack of Awareness and Low Adoption Rate in Underdeveloped Nations and High Cost of Drywall Panels
Opportunities:
Various Countries Government Spending and Private Real Estate Firms in Residential Construction and Increasing Investment in the Construction Sector Globally
Market Leaders and their expansionary development strategies
In September 2023, Knauf, a leading German drywall manufacturer, announced plans to acquire USG Corporation, a major North American drywall player. This merger would create a global leader in the drywall industry with a combined market share of over 25%.
In May 2023, CertainTeed, a prominent building materials company, partnered with Saint-Gobain, a French construction giant, to develop and launch a new line of sustainable drywall panels made from recycled materials.
Key Target Audience
Drywall Panels Manufacturers, Suppliers/Distributors/Wholesalers, Raw Material Suppliers/Distributors, Real Estate Company and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.