Drywall Board Market Definition
Drywall Is A Construction Material Comprising Of Thin Panels Of Gypsum. The Board Consists Of A Layer Of The Gypsum Rock Sandwiched Between Two Layers Of A Special Paper. Drywall Boards Has Many Characteristics Like High Strength, High Ductility And Light Weight. Main Raw Material Of The Drywall Is Natural Dihydrate Gypsum (CaS04.2H20) And Natural Anhydrite (CaS04). Besides Being Easy To Install, Drywall Provides Effective Protection Against Fire. Drywalls are Utilized For Partitioning Any Interior Room And Are The Preferred Choice Of Construction For A Variety Of Applications, In Homes, Hotels, Hospitals, Schools, Theatres, And Industry. In The United States, the Drywalls Are the Most Common Building Materials
The market study is broken down by Type (Wall Board, Ceiling Board, Flooring Board and Others), by Application (Residential Sector, Industrial Sector, Commercial Sector and Others) and major geographies with country level splits.
The Market For Drywall Is Moderately Fragmented With The Presence Of Many Global As Well As Regional Players. Leading Players Can Adopt Some Strategies Such As A Merger, Acquisition And Expansions In Order To Gain Share Within The Market. Owing To the Rising Construction Industry, There Are Also Massive Opportunities Emerging For the New Players Research Analyst at AMA estimates that United States and European Vendors will contribute to the maximum growth of Global Drywall Board market throughout the predicted period.
Saint Gobain (France), USG Corporation (United States), Knauf (Germany), CSR Building Supplies Ltd (Canada), Nippon Plaster Co Ltd (Japan), Yoshino Gypsum (Japan), Etex Group (Belgium), Lafarge Group (France), Boral (Australia), Arauco (Chile) and Armstrong World Industries (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Beijing New Building Materials Public Limited Company (China), National Gypsum Co. (United States), Gyptec Iberica (Portugal), Winstone Wallboards Limited (New Zealand), Kingspan Group (Ireland), Taishan Gypsum (China), Gulf Gypsum (Qatar) and Gypsemna Co. (Dubai).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Drywall Board market by Type, Application and Region.
On the basis of geography, the market of Drywall Board 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, the sub-segment i.e. 1/4-Inch will boost the Drywall Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Drywall Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Common Variants, the sub-segment i.e. Blue Board Drywall will boost the Drywall Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In February 2018, Dubai Municipality Announced The Launch Of A Conformity Service For Gypsum Board Products. The Certification Process Involves an Inspection of the Gypsum Factories, During Which the Quality Management Systems, Raw Materials, and Production Processes in Place Will Be Evaluated
Market Trend
- Preference of Millennials for Improved Drywall Boards with Enhanced Visual Appeal
Market Drivers
- Rapid Growth in Real Estate Sector and Demand for Improved Residential As Well As Commercial Buildings Owing To Urbanization
- Increased Aesthetics Consciousness And Rise In Money Spending Capacity In Developing Economies Like India, China And Brazil
Opportunities
- There Are Growing Opportunities for the Usage of Drywall in Household Real Estate for the Application of Cost Cutting
Restraints
- Dissimilarity and Fluctuations in the Prices of Imported Raw Materials from the Other Nations and Tax Regulations May Hinder the Drywall Industry
Challenges
- Presence of Alternate Low-priced Materials Used for Partitioning Rooms like Wooden and Plastic Boards
- The requirement of Professional Labour for Proper and Effective Installation of Drywall
Key Target Audience
Drywall Manufacturers, Real Estate Investors, Distributors/Traders, Importers/Exporters, Regulatory and Government Bodies, Downstream Vendors, Up-Stream Vendors, End Users and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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