Quadintel published a new report on the Plasterboard Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Plasterboard Market is valued approximately USD 23.85 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2022-2028.
Plasterboards are majorly used in the construction of frames as internal wall boards like ceiling lining for preventing noise transmission. Plasterboards are available in various sizes and thicknesses are eco-friendly and also cut down the accumulated moisture in kitchens and bathrooms. The rapid urbanization, rising inclination towards dry construction techniques compared to wet construction methods, ease of installation, and replacement of plasterboard, coupled with the technological developments in extrusion and processing are the factors that are stimulating the global market demand.
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For instance, as per the International Bank for Reconstruction and Development (IBRD), nearly 4.2 billion inhabitants (55% of the population) are living in urban areas. Also, this trend is likely to grow and with that, the urban population is projected to get more than double and reached 7 of 10 people in urban regions worldwide. Consequentially, increasing urbanization is propelling the plasterboards demand owing to rising construction activity, thus, in turn, augments the market growth in the near future. However, a lack of awareness regarding the recyclability of plasterboard among end-users and environmental concerns and imposition of government regulations on plasterboard disposal impede the growth of the market over the forecast period of 2022-2028. Also, rising new construction activity in developing economies and increasing investment in infrastructural development projects are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Plasterboard market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific is the leading region across the world in terms of market share owing to the rising adoption of plasterboard in end-use sectors like public, residential, and commercial segments and increasing industrialization and urbanization. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the presence of a huge consumer base, as well as investments in new building constructions and renovation activities, would create lucrative growth prospects for the Plasterboard market across the Asia-Pacific region.
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Major market players included in this report are:
Armstrong World Industries Inc.
Gypsum Management and Supply, Inc.
Georgia Pacific LLC
Fletcher Building Limited
National Gypsum Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End-Use Sector
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Plasterboard Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
- Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
- the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
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