Plasterboard Market is anticipated to reach US$ 40.60 Bn. by 2029 from US$ 27.18 Bn. in 2022 at a CAGR of 5.9% during a forecast period.
Plasterboard Market Overview:
The report is founded on in-depth investigation, qualitative and quantitative evaluation by industry specialists, and contributions from supply chain participants and experts. The study thoroughly looks at controlling variables, parent market trends, macroeconomic information, and market attractiveness by market segment. The report also delineates the qualitative impact of critical market variables on market segments and geographies.
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Plasterboard Market Scope:
This market review of Plasterboards looks at the most recent trends, legal frameworks, trade analysis, business model, supply chain utilization, market dominance, the effect of localized and residential market players, assessments of potential revenue spots that could change, changes in market regulations, tactical industry growth analysis, sales volume, growth in specific markets, implementation of dominance and niches, product releases, worldwide coverage, and product launches. For an Analyst Brief and other information about the Plasterboard industry, get in touch with Stellar industry Research. To achieve market expansion, our staff will help you make informed decisions about the market.
Plasterboard Market Segmentation:
In terms of End-Use, during the course of the projection period, the growing middle class and their increasing disposable income have contributed to the expansion of the middle class housing segment and, as a result, plasterboard usage has increased. In the world, there is still a significant shortage of housing notwithstanding the rise in demand. This offers developers and investors a great opportunity to embrace cutting-edge building technologies and teamwork to spur growth. Owing to the expanding home construction industry in China and India, the Asia-Pacific area is probably going to have the greatest increase. Asia-Pacific's top countries for building affordable homes include China, India, and Southeast Asian nations.
The government of India started a project called "Housing for All by 2022," which is probably going to have a big impact on the market for affordable residential buildings in that nation for the duration of the projection. Over the course of the forecast period, the demand for plasterboard in the residential sector is anticipated to increase in all regions due to a rise in the middle class population, the expansion of residential buildings, as well as government initiatives and investments.
1. Global Plasterboard Market, by Type (2022-2029)
• Standard
• Fire-resistant
• Sound-insulated
• Moisture-resistant
• Thermal
• Specialist
• Impact-resistant
• Triple low-e, gas-filled
2. Global Plasterboard Market, by Form (2022-2029)
• Tapered-edged
• Square-edged
3. Global Plasterboard Market, by End user (2022-2029)
• Residential
• Non-residential
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Plasterboard Market Key Players:
The major competitors in the market are adopting various growth strategies, including partnerships and strategic alliances as well as the launch of new products, in order to increase their footprint in developing countries and ultimately boost their customer base. Some of the leading companies in the Plasterboard market are as follows:
1. Saint- Gobain S.A.
2. USG Corporation
3. ETEX Group
4. Armstrong World Industries, Inc.
5. Boral Limited
6. Fletcher Building Limited
7. Gypsum Management and Supply, Inc.
8. Lafargeholcim Ltd
9. Georgia Pacific LLC
10.Knauf GIPS Kg
11.National Gypsum Company
12.Mada Gypsum Company
13.Beijing New Building Material Group
14.Gypsemna
15.Gyprock
16.Siniat Ltd
17.Ayhaco Gypsum Products
18.Ahlstrom Corporation
19.TAI Shan Gypsum
20.Yoshino Gypsum Co, Ltd.
21.Tanzania Gypsum Limited
22.Atiskan Gypsum Products Co.Inc
23.Jason Plasterboard Co.Ltd.
24.Gyptec Iberica
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Plasterboard Market Regional Analysis:
The country-focused examination of the Plasterboard market report also covers specific market-affecting factors and legislative changes that have an impact on current and future marketing tactics. A few of the main components that are used to estimate the state of the market for specific countries are shipping analysis, price prediction modeling, consumer volumes, processing and inventory levels, raw material prices, and upstream and downstream value chain analysis. The presence and affordability of global brands, the challenges they confront from strong or moderate competition from local and domestic manufacturers, the impact of local tariffs, and shipping lanes are all taken into consideration while providing forecast analysis of the national data.
COVID-19 Impact Analysis on Plasterboard Market:
The COVID-19 pandemic caused a sharp and protracted fall in production efficiency, and travel restrictions and factory closures prevented individuals from visiting their places of business, which caused the Plasterboard market to contract in 2020. The influence of the pandemic on the Plasterboard market is covered in the latest research, together with observations, analysis, estimates, and estimations. The Stellar Plasterboard Market Research study includes a detailed analysis of consumer behavior following the infection and how it affected the market's classification, trends, outlook, and financial limitations.
Key Questions Answered in the Plasterboard Market Report are:
- What are the drivers motivating overall Plasterboard market advancement in the upcoming period?
- What revenue potential is estimated from the Plasterboard market’s transactions in the years ahead?
- What CAGR potential is forecasted for the Plasterboard market in the approaching period?
- Who are the significant contenders functioning in the Plasterboard market?
- Which region is leading the global Plasterboard market share at the end of the forecast period?
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