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Plasterboard Market
Global Plasterboard Market include Armstrong World Industries Inc., Etex Group, Saint-Gobain SA, USG Corporation, Georgia Pacific LLC
High demand for plasterboard driven by construction projects globally; its versatility, ease of installation, and cost-effectiveness fuel growth.” - Exactitude Consultancy
LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 27, 2024 /EINPresswire / -- The Global Plasterboard Market report focuses on a comprehensive analysis of the recent and future prospects of the Plasterboard industry. An in-depth analysis of historical trends, future trends, industry advancements, and regulatory requirements of the Plasterboard has been conducted to analyze the growth rate of each segment and sub-segment. Highlighting the major drivers and restraints in this industry, the report also provides a complete study of future trends and improvements in the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. Exactitude Consultancy ensures qualified and verifiable features of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market dimensions in the current scenario.
The global plasterboard market size was valued at USD 20.64 billion in 2020, and projected to reach USD 37.34 billion by 2030, with a CAGR of 6.81% from 2024 to 2030.
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“Increasing Focus on Cost-effective and Environment-friendly Construction Techniques”
The global plasterboard industry is primarily driven by the rising demand for durable and cost-effective building materials. The popularity of plasterboards is increasing among end users due to their ease of installation. The rising preference for environmentally friendly construction techniques over conventional ones is anticipated to contribute to the high demand for plasterboards.
Factors such as the emergence of modern retail, a surge in demand from the construction industry, intensifying competition for new construction projects, and an increase in consumer spending are projected to propel the global plasterboard market.
It is expected that the dominant players in the market will have ample opportunities thanks to rapid industrialization and the growing economy. The proliferation of multinational corporations across different regions of the world is anticipated to generate lucrative prospects for manufacturers of plasterboards.
List of the Top key players Influencing this Market includes:
The research study includes the current trends that are being adopted by significant market players in the Plasterboard markets, including the use of cutting-edge technology, government funding of R&D, and an increasing focus on sustainability.
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.
Recent Market Developments
2022: CertainTeed Canada Inc., a subsidiary of Saint-Gobain, has announced its intention to invest CAD 91 million (USD 73 million) in the upgrade of its Montreal wallboard manufacturing facility. In addition, the government of Quebec has granted CAD 40 million (USD 32 million) through its EcoPerformance program. The aim of this investment is to significantly reduce carbon emissions by up to 44,000 metric tonnes annually, potentially making it the first zero-carbon drywall plant in North America.
2022: A joint venture agreement has been signed by Saint-Gobain and Dalsan, stating that their plaster and plasterboard businesses in Turkey will be merged. In 2022, Saint-Gobain Rigips and Dalsan Alci achieved sales worth over EUR 100 million (USD 117 million). Once the investment project at the new Turgutlu (Manisa) plant is completed in 2023, they will have the capacity to produce 100 million square meters of plasterboard, 2 million tonnes of plaster, and 50 million meters of metal profiles per year, positioning them as the market leaders.
2022: To enhance its range of sustainable products, Etex acquired URSA, an established leader in insulation solutions across Europe. By integrating insulation expertise into their existing offerings such as plasterboard, fiber-cement, passive fire protection, and modular products, Etex was able to provide a wider variety of systems and solutions.
Segmentation Analysis of the market:
The market is segmented based on the type, product and application. The segmentation helps to deliver a precise explanation of the market.
Segments Covered in the Plasterboard Market Report:
Plasterboard Market By Type, 2020-2029, (USD Billion)
Standard
Fire-Resistant
Sound-Insulated
Moisture-Resistant
Thermal
Specialist
Impact-Resistant
Triple Low-E, Gas-Filled
Plasterboard Market By Form, 2020-2029, (USD Billion)
Tapered-Edged
Square-Edged
Plasterboard Market By Application, 2020-2029, (USD Billion)
Introduction
Walls
Ceilings
Others
Plasterboard Market By End Use Sector, 2020-2029, (USD Billion)
Residential
Non-Residential
The full Report of Plasterboard Market is Available@:
Regional Coverage:
Region Included: North America, Europe, Asia Pacific, Oceania, South America, Middle East and Africa
Country level breakdown: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.
The Plasterboard market in Asia Pacific has the largest market share due to its strong construction industry, fast urbanization, and growing infrastructure development. Countries like China and India experiencing population growth and increased urbanization have created a significant demand for construction materials, including plasterboard. Furthermore, government support and investments in the construction sector have also played a role in the region's dominance in the plasterboard market.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Plasterboard market.
Product Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Plasterboard market.
Quick Snapshot and Extracts from TOC of Latest Edition Overview of Plasterboard Market:
Plasterboard Size (Sales Volume) Comparison by Type
Plasterboard Size (Consumption) and Market Share Comparison by Application (2023-2029)
Plasterboard Size (Value) Comparison by Region (2023-2029)
Plasterboard Sales, Revenue and Growth Rate (2023-2029)
Market Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyze competitors, including all important parameters of Market
Market Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
With this report you will learn:
Who the leading players are in Plasterboard Market?
What you should look for in a Plasterboard?
What trends are driving the Market?
About the changing market behavior over time with strategic view point to examine competition?
Who are the main players in the market, and what is their market share?
How do companies set their prices in the market, and what is the competitive landscape like?
We offer customization on the Plasterboard market report based on specific client requirements:
Customization 20%.
Five Countries can be added as per your choice.
Five Companies can add as per your choice.
Free customization for up to 40 hours.
After-sales support for One year from the date of delivery.
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