Global Drywall and Gypsum Board Market Overview:
A Gypsum board is a panel made of calcium sulfate dehydrate extruded between thick facing and backing papers, mainly used for interior wall and ceiling construction. Gypsum board is commonly known as drywall. Gypsum, present within thick sheets, is a mixture of plasticizers, fibers, crushed gypsum crystals, foaming agents, and starch, which reduce mold, increase fire resistance, and lower water absorption. It naturally exhibits characteristics such as fire resistance, light weight, durability, and sound insulation. Expansion of building activities leads to an increase in demand for the drywall and gypsum boards market.
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Increasing Product Demand from Residential Construction
Market Growth Drivers:
Expansion of Building Activities Lead to an Increase in Demand for Drywall and Gypsum Boards
Lack of Skilled Professionals and Need For Continuous Improvement in Product Offering
Fluctuation in Raw Material Prices and Rising Environmental Concern and Implementation of Stringent Regulation Regarding Gypsum Mining
Rapid Urbanization and Infrastructure Development in Emerging Economies and Rising Investment in Innovation Such As Light Weight Boards, Moisture Resistance Boards
The Drywall and gypsum board market is highly fragmented and competitive with several key players striving for market dominance. These players focus on product innovation, strategic collaboration, merger and acquisition, and expanding their distribution networks to gain a competitive edge.
Some of the key players profiled in the report are Abc Supply Co., Inc. (United States), Saint-Gobain (Europe), Knauf (Germany), Usg (United States), Lafarge (Europe), National Gypsum (United States), Georgia-Pacific Gypsum (United States), Yoshino Gypsum (Japan), Bnbm (China), Lafarge Boral Gypsum (Australia) and American Gypsum (United States). Considering Market by Type, the sub-segment i.e. Regular Gypsum Board will boost the Drywall and Gypsum Board market. Considering Market by End Users, the sub-segment i.e. Residential Construction will boost the Drywall and Gypsum Board market.
Latest Market Insights:
In January 2023, ABC Supply Co., Inc. acquired Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company, and Coastal Roofing Supply, the off-grid wallboard divisions of LBM, USA. ABC Supply is a leading distributor of exterior building products and its subsidiary, L&W Supply, distributes interior building products used by residential and commercial professional contractors.
In March 2023, the National Gypsum Company presented the MaX 16 Optimized Fastener Pattern at Build 23, AWCI's Convention & Expo in Las Vegas. The industry's only 16" o.c. fastener pattern optimized for single-layer, 1-hour UL fireproof assemblies on metal frames spaced 16" in the center is the company's latest innovative work attribute. The new MaX 16 fastener pattern and National Gypsum's patented GridMarX The combination of installation guide marks simplifies installation and saves time and money.
What Can be Explored with the Drywall and Gypsum Board Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Drywall and Gypsum Board Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Drywall and Gypsum Board
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Drywall and Gypsum Board market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Drywall and Gypsum Board market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Drywall and Gypsum Board Manufacturer, Retailer and End User.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.