The booming plasterboard market has seen phenomenal growth over the past few years and is expected to garner significant accruals over the recent future. The burgeoning construction industry drives the demand for plasterboard, witnessing augmented rebuild, and renovation activities. Moreover, technological advancements are escalating the market on further heights, reforming the construction sector, and attracting manufacturers as well as contractors.
According to Market Research Future (MRFR), the global plasterboard market is poised to touch a valuation of USD 29.7 BN by 2025. In its recently published study report, AMRFR also asserts that the market would register a CAGR over 5.5% throughout the forecast period (2019 – 2025). The increase in demand from end-user industries driven by the increasing popularity of paperboards is a key driving force behind the growth of the market.
Browse Complete Report – https://www.marketresearchfuture.com/reports/plasterboard-market-1976
The construction business, at its peak point, is creating ample growth opportunities in the paperboard market. Rising preference for dry construction techniques over wet construction methods contributes to the overall growth of the market. Moreover, factors such as the various government initiatives for eco-friendly environment act as major tailwind fostering the growth of the market.
On the other hand, saturated markets having meager demand for new construction might pose challenges for the market. Nevertheless, rise in new construction projects in the emerging economies is expected to support the growth of the paperboard market, creating lucrative opportunities. Also, various reforms and regulations introduced by governments would define the future landscape of the plasterboard market, elevating the infrastructure and real estate industry in their country and leading the construction industry.
Global Plasterboard Market – Segments
The report is segmented into four key market dynamics to widen the scope of understanding,
By Form : Square-edged and Tapered-edged, among others.
By Type : Fire-resistant Plasterboard, Damp-proof Plasterboard, Impact-resistant Plasterboard, Moisture-resistant Plasterboard, Insulated Plasterboard, Sound-insulated Plasterboard, Thermal Plasterboard, and Standard Plasterboard, among others.
By End-use Industry : Residential and Non-Residential.
By Regions : Europe, North America, Asia Pacific, and the Rest-of-the-World.
Global Plasterboard Market – Geographical Analysis
The North American region would retain its dominance over the global paperboard market throughout the forecast period, accounting for the largest market share. Growing construction projects contribute to regional market growth, hugely. Furthermore, considerable advancements in technology foster market growth in the region, offering the material high-durability, cost efficiency, and maintenance-free properties. Displaying a moderate demand, the North American paperboard market is expected to create a substantial revenue pocket throughout the assessment period.
The Asia Pacific region takes the second lead in the global plasterboard market. Factors such as the rapidly growing construction activities in the region drive the demand in the market. APAC countries, such as China, Singapore, Japan, and India, account for the major paperboard markets in the region. Recently, due to the expansion of various international players across the region, emerging countries such as China and India have witnessed significant growth in the plasterboard market. Additionally, improving economic conditions and rapid growth in industrialization are extensively contributing to the regional market growth.
The plasterboard market in the European region is rapidly emerging as a promising market globally. Europe would register high growth during the forecast period, heading with its burgeoning construction sector. Factors such as the growing residential and non-residential construction activities and the increasing usages of paperboard in residential construction activities in the region are expected to increase the size of the regional market.
Global Plasterboard Market – Competitive Landscape
Highly competitive by nature, the global of plasterboard market appears to be fragmented due to the presence of many players. To gain a competitive advantage, key players adopt strategies such as innovation, mergers & acquisitions, and brand reinforcement. Managing raw material expenses is a major concern that manufacturers are confronting today. Hence, the majority of them are looking for ways to mitigate risks associated with raw materials instability to avoid getting affected by these fluctuations. Well-established players acquire promising companies in the fast-growing markets like China, Indonesia, Brazil, South Africa, and India to meet their expansion plans.
Major Players
Players leading the global plasterboard market include Etex Group (Belgium), Armstrong World Industries Inc. (US), Saint-Gobain SA (France), USG Corporation (US), Gypsum Management and Supply, Inc. (US), Georgia Pacific LLC (US), KNAUF Gips KG (Germany), Boral Limited (Australia), Fletcher Building Limited (New Zealand), National Gypsum Company (US), LafargeHolcim Ltd (Switzerland), Associated Tube Group (Canada), Marmon/Keystone Canada Inc. (US), EVRAZ PLC (Russia), Sandvik AB(Sweden), Tenaris SA (US), Welded Tubes, Inc. (US), and Welded Tube Of Canada Corp. (US), among others.
Industry/ Innovation/ Related News:
April 24, 2019 —- Knauf Gips KG (Germany), a multinational company, well known for drywall gypsum boards, announced the completion of the acquisition of USG Corporation (United States Gypsum Corporation), an American manufacturer of construction gypsum materials including drywall & joint compound and paperboards and the largest distributor of wallboard.
The addition of USG positions Knauf as a global leader in the building materials industry. The acquisition would enable Knauf to meet customers’ needs by leveraging two highly complementary businesses, product portfolios, and global footprints.
Get a FREE Report Sample – https://www.marketresearchfuture.com/sample_request/1976
Key Questions Addressed by the Report
- What was the historic market size?
- Which segmentation (Product/ Capacity) is driving market?
- What will be the growth rate?
- How are the key players in this market?
- What are the strategies adopted by key players?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com
ALSO READ –
| Automotive Position Sensors Market Size, Share, Growth | Report, 2027 |
| Modular Construction Market Size, Share, Growth | Report, 2027 |
| Sprayed Concrete Market Size, Share, Growth | Report, 2027 |
