Exactitude Consultancy Press Release: Plasterboard Market

Dry construction technique is pushing plasterboard market.

Dry construction techniques, which are a key application for the use of Plasterboard, are having a significant impact on the plasterboard Market. Plasterboard is a key component in dry construction systems, which are becoming increasingly popular due to their numerous advantages over traditional wet construction methods.

Explore 155 market data Tables spread through nearly 151 Pages and in-depth analysis on “Plasterboard Market by Type (Standard, Fire-resistant, Sound-insulated, Moisture-resistant, Thermal, Specialist, Impact-resistant, Triple low-e, gas-filled) Form (Tapered-edged, Square-edged) Application (Introduction, Walls, Ceilings, Others) End Use Sector (Residential, Non-residential) by Region Global Trends and Forecast from 2022 to 2029″ with Table of Content

Plasterboard is a lightweight and versatile building material with excellent fire resistance, sound insulation, and thermal performance. Plasterboard is also a low-cost option for dry construction systems, making it a popular choice among builders and contractors. Dry plasterboard construction techniques have several advantages over traditional wet construction methods. Dry construction systems are quick and easy to install, reducing construction time and costs. The growing popularity of dry construction techniques is driving plasterboard demand, which is expected to boost the Plasterboard Market in the coming years. From 2022 to 2029, the global plasterboard market is expected to grow at a compound annual growth rate of 5.8%, owing to rising demand for dry construction systems.

Increasing demand for impact-resistant plasterboards is expected to aid the growth of the global plasterboard industry.

Impact-resistant plasterboards are made with special technology and materials that make them extremely durable and resistant to impact damage. The growing awareness of the benefits of using impact-resistant plasterboards among builders and homeowners is one of the major factors driving demand for these boards. They have several advantages over traditional plasterboards, including increased strength, reduced impact damage, and improved sound insulation.

Rising construction activity around the world, as well as rising population and urbanisation, have resulted in increased demand for new residential and commercial buildings, which has boosted demand for plasterboards. Another factor driving demand for plasterboards is the growing popularity of green buildings and sustainable construction practises. Manufacturers are increasingly focusing on producing eco-friendly plasterboards that are made from recycled materials and use less energy.

The development of new technologies, such as gypsum-fibre hybrid boards and lightweight plasterboards, is expected to provide the industry with new growth opportunities.

COVID – 19 has severely impacted plasterboard market but also opened new areas of application for market after pandemic.

The global plasterboard market has been significantly impacted by the COVID-19 pandemic. The construction industry, which is the primary consumer of plasterboards, was severely impacted by the pandemic, with several construction projects being delayed or cancelled as a result of lockdowns and movement restrictions. As a result, demand for plasterboards fell, and many manufacturers experienced supply chain disruptions and production halts.

However, as the construction industry gradually resumed operations and governments implemented stimulus measures to boost economic growth, plasterboard demand began to recover. Furthermore, the pandemic prompted a shift towards more environmentally friendly and energy-efficient building materials. Plasterboards made from recycled materials, as well as those with improved insulation and acoustic properties, have seen an increase in demand.

To sum up, while the pandemic initially had a negative impact on the plasterboard market, the industry’s gradual recovery and shift towards sustainable building practices have presented new opportunities for growth and innovation.

Asia Pacific will dominate the global plasterboard market.

Due to significant investments in the research and development of innovative technologies in the building and infrastructure sectors, the Asia Pacific region held the largest market share of more than 44 percent in 2022. The majority of Asian countries are investing heavily in infrastructure, which may help their industries grow. China’s growth rate is still strong, but it is slowing as the population ages and the economy shifts from investment to consumption, manufacturing to services, and external to domestic demand. China’s construction industry expanded rapidly as a result of the central government’s demand for infrastructure investment to support economic development.

The market for Plasterboard in North America will also account for a substantial share and the US is expected to be the most prominent market in this region owing to high residential construction activity.

The global market is fragmented in nature with the presence of various key players such Armstrong World Industries Inc.,Etex Group, Saint-Gobain SA, USG Corporation, Georgia Pacific LLC, Boral Limited, KNAUF Gips KG, Fletcher Building Limited, LafargeHolcim Ltd (Switzerland), National Gypsum Company, Associated Tube Group, EVRAZ PLC, Sandvik AB, Tenaris SA along with medium and small-scale regional players operating in different parts of the world. Major companies in the market compete in terms of application development capability, product launches, and development of new technologies for product formulation.

Key Market Segments

Plasterboard Market By Type, 2020-2029, (Usd Billion)

• Standard
• Fire-Resistant
• Sound-Insulated
• Moisture-Resistant
• Thermal
• Specialist
• Impact-Resistant
• Triple Low-E, Gas-Filled

Global Market By Form, 2020-2029, (Usd Billion)

• Tapered-Edged
• Square-Edged

plasterboard Market By Application, 2020-2029, (Usd Billion)

• Introduction
• Walls
• Ceilings
• Others

Global Market By End Use Sector, 2020-2029, (Usd Billion)

• Residential
• Non-Residential

Global Market By Region, 2020-2029, (Usd Billion)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa

Important Countries In All Regions Are Covered

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