What is Plasterboard Market?
Plasterboard also called drywall is a panel made of calcium sulfate dihydrate (gypsum) with or without additives used in the construction of interior walls and ceilings. The plaster is mixed with fiber, plasticizer, foaming agent and various additives which helps to reduce mildew, flammability and water absorption. It is becoming popular due to an alternative to plaster finishes because it is cleaner and less labor-intensive than wet plastering and reduces the drying out time of building construction. The main factors driving the plasterboard market are low cost, ease of installation and finishing, fire resistance, sound control and availability.
Highlights from Plasterboard Market Study
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Etex Group (Belgium), World Industries Inc. (United States), Saint-Gobain S.A. (France), Gypsum Management and Supply, Inc. (United States), Georgia Pacific LLC (United States), Boral Limited (Australia), USG Corporation (United States), KNAUF Gips KG (Germany), LafargeHolcim Ltd. (Switzerland) and Siniat (Belgium) |
Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Plasterboard market throughout the forecasted period.
Etex Group (Belgium), World Industries Inc. (United States), Saint-Gobain S.A. (France), Gypsum Management and Supply, Inc. (United States), Georgia Pacific LLC (United States), Boral Limited (Australia), USG Corporation (United States), KNAUF Gips KG (Germany), LafargeHolcim Ltd. (Switzerland) and Siniat (Belgium) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Fletcher Building Limited (New Zealand), Mada Gypsum Company (Saudi Arabia), Beijing New Building Material Group (China), Siniat Ltd (United Kingdom), Gypsemna (United Arab Emirates) and Gyprock (Australia). Plasterboard Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Residential and Non-Residential |
Type | Damp-roof Plasterboard, Fire-resistant Plasterboard, Impact-resistant Plasterboard, Insulated Plasterboard, Moisture-resistant Plasterboard, Sound-resistant Plasterboard, Standard Plasterboard and Thermal Plasterboard |
Form | Tapered-edged,Square-edged |
On the basis of geography, the market of Plasterboard 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend of Lightweight Plasterboards
Market Growth Drivers:
Low Cost and Ease of Installation and Rising Demand for Fire-Resistant Construction
Challenges:
Lack of Awareness among Residential End Users and Low Availability of Plasterboard Waste Disposal Plants
Restraints:
Environmental Concerns across the World and Fluctuations in the Raw Material Prices
Opportunities:
Growing Construction Industry Worldwide and Demand for Innovative Products Worldwide
Key Target Audience
Plasterboard Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
On 25th April 2019, Siniat, a dry construction material specialist, launched Securtex, an attack resistant plasterboard. It is resistance to both deliberate and accidental damage. It provides up to 129 minutes of fire protection and contributes to a simpler installation.