Gypsum Board Market (2020 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Gypsum Board market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Gypsum Board Market report is anticipated to register a CAGR of XX% over a five years forecast period (2020 – 2023).”
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List of Major Key players operating in the Global Gypsum Board Market are –
- American Gypsum -BGC Plasterboard-CGC Inc.-China National Building Material Company Limited-Chiyoda Ute Co.
- Ltd.-CONTINENTAL BUILDING PRODUCTS-Everest Industries Limited -Georgia-Pacific-Global Gypsum Board Co LLC -Gypsum Factory-Jason plasterboard Co.
- Ltd.-LafargeHolcim-PABCO Building Products
- LLC.-Qatari Gypsum-Saint-Gobain-Shri Giriraj Trading Co.. -USG Zawawi Drywall LLC SFZ-USG Corporation-VANS Gypsum Pvt. Ltd.-VOLMA
The gypsum board market is estimated to witness a moderate growth during the forecast period, 2020-2023. Asia-Pacific is expected to be the largest and fastest growing market for gypsum board during the forecast period, owing to the rapidly increasing construction activities in the region.
Rapid Growth of Construction Sector to Drive the Gypsum Board Market
Gypsum boards offer several advantages in the construction sector such as sound isolation, durability, fire resistance and ease of installation. Gypsum board serves as an excellent fire-resistive building material, mostly used in interior finishes. It also prevents the transfer of unwanted sounds to the adjoining areas in a building. Owing to such properties offered by gypsum boards, the demand for it has witnessed a growth in the past few years. With the rapid growth of construction sector, the demand for gypsum board is likely to grow, in turn driving the market during the forecast period.
Increasing Investments in the Construction Sector
There has been a rapid surge in the construction sector of developing economies including India, China, and Brazil. This has significantly increased the demand for gypsum board. Hence, with the increasing investments for the development of buildings, institutes, residential complexes, malls and hospitals, the demand for gypsum board is likely to rise in the coming years. For instance, in December 2017, China’s leading construction firm CCTEB announced partnership with realty company Tulip Infratech to develop infrastructure and real estate projects in India. Both the companies will jointly bid and develop projects in the country and target an order book of about INR 20,000 crore in the next 2-3. Additionally, around 100 Smart Cities and 500 Atal Mission for Rejuvenation and Urban Transformation (AMRUT) Cities are expected to be developed by the government with an investment of INR 2 trillion in the next five years. Hence, with the increasing infrastructural investments, the demand for gypsum boards is expected to increase during the forecast period.
Asia-Pacific Expected to Witness the Fastest Growth in Gypsum Board Market
Asia-Pacific is expected to be the largest and fastest growing market for gypsum board during the forecast period, owing to the rapidly increasing construction activities in the region. Additionally, there has been a rise in demand for residential societies, offices, shopping complexes, and hospitals which has led to an increase in investments in the infrastructure sector. For instance, in December 2017, China’s leading construction firm CCTEB announced partnership with realty company Tulip Infratech to develop infrastructure and real estate projects in India. Both the companies will jointly bid and develop projects in the country and target an order book of about INR 20,000 crore in the next 2-3 years. Therefore, due to such factors, the demand for gypsum board is expected to rapidly grow in the region during the forecast period.
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Scope of the Report:
The report analyses Gypsum Board market, which includes –
- Analysis of the growth of Gypsum Board market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Gypsum Board market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Gypsum Board market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Gypsum Board market are discussed.
- The report provides competitive landscape at country level for the year 2020. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Gypsum Board Market Report:
- Varying dynamics of the Gypsum Board industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2020-2023).
- Gypsum Board market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Gypsum Board market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Gypsum Board Market Report:
- The report analyses how stringent emission control norms will drive the global Gypsum Board market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Gypsum Board market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Gypsum Board:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2020
Forecast Year 2020 to 2023
Look into Table of Content of Gypsum Board Market Report @ https://www.360marketupdates.com/TOC/12887609#TOC
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