Global Gypsum Board Market to Reach US$ 30.4 Billion by 2022


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Gypsum board refers to a panel composed of gypsum which is chemically
known as calcium sulphate dehydrate. It is a light-weight construction
material designed for walls and ceilings of the interior or exterior
of a residential or non-residential structure. Gypsum board has a
control over heat penetration and does not emit any poisonous gas at
high temperatures. ( 

Despite the fact that it is not suitable for moist and wet locations
(near wash basins and rest rooms), it is still known for its myriad
qualities. Gypsum board is highly cost-effective, durable, stable,
flexible, fire-resistant, aesthetic in appearance, recyclable in
nature and easily cuts down noise transmission, thereby serving as an
effective substitute to traditional lath and plaster. According to a
new report by Expert Market Research, the global gypsum board market
reached a value of US$ 21 Billion in 2016 and is further expected to
reach US$ 30.4 Billion by 2022.

The demand for gypsum boards is associated with the growth of the
construction sector, particularly the commercial and the housing
sectors. As a result of rapidly increasing population, there has been
a surge in the construction of new buildings where gypsum boards are
considered of prime importance. Similarly, a rising trend of safer and
sustainable construction coupled with a rise in disposable incomes
have facilitated the end-users to expend more on renovations and
remodelling of the building structure. Several other factors that are
stimulating the growth of the global gypsum board market include
growing urbanisation, industrialisation, improving living standards
and high growth in residential real estate sector.

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Key findings from the report:

Various types of gypsum boards available in the market are wallboard,
ceiling board, pre-decorated board and others.
Major end-users of gypsum boards are residential, corporate,
commercial and institutional sectors.
Region-wise, Asia-Pacific dominated the market with a share of nearly
45% of the total global demand. In Asia-Pacific, China accounted for
the most of its demand. Other key regions include North America,
Western Europe, Eastern Europe, the Middle East and Africa, Central
and South America.
The global gypsum board market is surrounded by some of the top
players, namely, BNBM Group, Saint Gobain, Knauf, USG Boral and

Read full report with TOC:

Expert Market Research has analyzed the global gypsum board market
according to product type, end-use, regions and major players:

Market breakup by Product Type
Ceiling Board
Pre-decorated Board

Market breakup by End-Use

Market breakup by Region
North America
Western Europe
Eastern Europe
Middle East and Africa
Central and South America

Top Players
BNBM Group
Saint Gobain
USG Boral

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