Gypsum Board Market Worth USD 53.68 Billion by 2026; Driven by the Increasing Emphasis on Adoption of Recyclable Products, says Fortune Business Insights™

Pune, May 11, 2020 (GLOBE NEWSWIRE) — The global gypsum board market size is projected to reach USD 53.68 billion by the end of 2026. The rising construction activities across the world will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Gypsum Board Market Size, Share & Industry Analysis, By Type (Standard Board, Type X, and Others), By Application (New Housing, New Commercial, and Rework & Remodel), and Regional Forecast, 2019-2026,” the market was worth USD 39.91 billion in 2018 and will exhibit a CAGR of 3.82% during the forecast period, 2019-2026.The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.Click here to get the short-term and long-term impact of COVID-19 on this Market.Please visit: https://www.fortunebusinessinsights.com/enquiry/queries/gypsum-board-market-102718
• Saint-Gobain• Knauf• USG Corporation• National Gypsum Company• Yoshino Gypsum Co. Ltd.• USG Boral• Eagle Materials Inc.• China National Building Material Co., Ltd.• Taishan Gypsum Co., Ltd• Fletcher Building• Cabot Gypsum ULCThe emphasis on recycling products will create a subsequent demand for gypsum boards across the world. Increasing environmental concerns and depletion of resources have been the triggering factors that have encouraged manufacturers to incorporate dry walls or gypsum boards. The rising construction activities, as well as industrialization, will open up a huge potential for the companies operating in the global market.The report encompasses several factors that have made influenced the growth of the market in recent years. With a bid to acquiring a wider customer base, several large scale companies are looking to acquire smaller and medium enterprises. A few of the major company mergers have been highlighted in the report. In November 2019, Saint-Gobain announced that it has completed the acquisition of Continental Building Products. The company is a US based manufacturer of construction materials and through its acquisition, Saint-Gobain will look to strengthen its portfolio of gypsum products. Saint-Gobain’s latest acquisition will have a huge impact on the growth of the gypsum board market in the forthcoming years.Asia Pacific Currently Dominates the Market; Rising Construction Activities to Aid GrowthThe report analyzes the ongoing gypsum board market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in Asia Pacific currently dominates the market. The constantly rising construction activities, coupled with the increasing industrialization in emerging countries such as India, China, and Japan will aid the growth of the market. Besides Asia Pacific, the market in North America will also witness considerable growth in the coming years. As of 2018, the market in North America was worth USD 16.21 billion and this value is likely to increase further in the coming years.IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsKey Emerging Trends – For Major CountriesKey Developments: Mergers, Acquisition, Partnership, etc.Latest Technological AdvancementInsights on Regulatory ScenarioPorters Five Forces AnalysisGlobal Gypsum Board Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Analysis, Insights and Forecast – By TypeRegular BoardType XOthersMarket Analysis, Insights and Forecast – By ApplicationNew HousingNew CommercialRework & RemodelMarket Analysis, Insights and Forecast – By RegionNorth AmericaEuropeAsia pacificLatin AmericaMiddle East & AfricaNorth America Gypsum Board Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Analysis, Insights and Forecast – By TypeRegular BoardType XOthersMarket Analysis, Insights and Forecast – By ApplicationNew HousingNew CommercialRework & RemodelMarket Analysis, Insights and Forecast – By CountryU.S.CanadaTOC Continued…!Industry DevelopmentsFebruary 2020: CertainTeed Gypsum, a subsidiary of Saint-Gobain, announced that it plans to close its gypsum wallboard facility at Cody in April 2020. Cement Market Size, Share & Industry Analysis, By Type (Portland, Blended, and Others), By Application (Residential, and Non-Residential), and Regional Forecast 2019-2026
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