Gypsum Board market Is Projected To Rise At A Cagr Of 11.8% During 2028 | Saint-Gobain, United Mining Industries
January 14, 2022
Gypsum board is used as partitions and linings of walls, ceilings, roofs and floors.
SEATTLE, WA, UNITED STATES , January 14, 2022 /EINPresswire.com/ -- The latest market research report titled “Gypsum Board Market” methodically summarizes key elements of Gypsum Board research. The report provides an in-depth study of the Gypsum Board , highlighting the latest growth trends and dynamics in the Gypsum Board . The report is intended to assist readers in accurately assessing current and future Gypsum Board scenarios.
Gypsum board is used as partitions and linings of walls, ceilings, roofs and floors. It is used to form panels made of gypsum plaster pressed between two thick sheets of paper. The gypsum core in gypsum board is water-resistant. The paper cover is also waterproof. Gypsum board are strong, durable and offer great structural integrity for the building along with sound dampening and resistance to fire.
Major players operating in the global gypsum board market include, Arcat, Inc., Gulf Gypsum Board, Gypsemna, Georgia-Pacific Gypsum LLC, Knauf, Baier Group, Saint-Gobain, Taishan Gypsum Co., Ltd., United Mining Industries, and Yoshino Gypsum Co., Ltd.
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Key Market Drivers:
Significant growth in the construction sector is expected to propel growth of the global gypsum board market over the forecast period. For instance, according to the U.S. Census Bureau, in February 2020, there were 1,464,000, building permits, 1,599,000 housing starts, and 1,316,000, housing completions in the U.S.
Moreover, increasing investment in manufacture of gypsum boards is also expected to propel growth of the global gypsum board market over the forecast period. For instance, in December 2021, Privatization and Investment Board, Government of Libya, announced the launch of 61 investment projects in nine sectors/sub sectors across the country which includes Al-Jabal Factory for the manufacture of gypsum boards.
Covid-19 Impact Analysis
Globally, as of 4:48pm CET, 10 December 2021, there have been 267,865,289 confirmed cases of COVID-19, including 5,285,888 deaths, reported to WHO. As of 9 December 2021, a total of 8,158,815,265 vaccine doses have been administered. The COVID-19 pandemic has had a significant impact on the construction sector, which in turn is expected to impact growth of the global gypsum board market. The main disruption is in the supply chain and labor force.
Major players operating in the global gypsum board market are focused on adopting partnership strategies to enhance their market share. For instance, in February 2020, Georgia-Pacific Gypsum partnered with BIMsmith, a building product research platform, to provide a suite of free cloud tools for architects and designers.
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On the basis of product type, the global gypsum board market is segmented into:
On the basis of category, the global gypsum board market is segmented into:
Regular Gypsum Board
Type X Gypsum Board
Important Features that are under Offering and Key Highlights of the Reports:
– Potential and niche segments/regions exhibiting promising growth.
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭'𝐬 𝐬𝐭𝐮𝐝𝐲 𝐨𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞𝐬 𝐚𝐫𝐞 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:
✤ SWOT Analysis is used to define, assess, and analyse market competition by focusing on the world's major manufacturers. The market is defined, described, and forecasted by type, application, and region.
✤ Examine the potential and advantages of the global and major regional markets, as well as the opportunities and challenges, as well as the constraints and risks.
✤ Determine whether market growth is being driven or hampered by trends and factors.
✤ Stakeholders will be able to assess market potential by identifying high-growth categories.
✤ Conduct a strategic analysis of each submarket's growth trends and contribution to the market.
✤ Competitive developments in the market include expansions, agreements, new product launches, and acquisitions.
✤ To develop a strategic profile of the major players and conduct a thorough analysis of their growth strategies.
𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐝:
✔ In the next seven years, what innovative technology trends should we expect?
✔ Which sub-segment do you believe will grow the fastest over the next few years?
✔ By 2028, which region is predicted to have the largest market share?
✔ What organic and inorganic strategies are businesses employing to gain market share?
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