gypsum board company

North America is expected to have a substantial share in the global market owing to revamp activities being undertaken in the construction industry of the region.

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Market Overview: Global gypsum board market is expected to exhibit moderate growth over the forecast period. The market is anticipated to reach a decent valuation over 2021. The expansion of the global market is primarily attributable to the growth of the construction sector.

Residential application of gypsum board is forecasted to have a major impact on the growth of the market in the forthcoming years. These boards are extensively used for decoration. Easy installation fireproof properties are expected to drive the growth of the gypsum board market in the foreseeable future. Other factors such as population explosion, rapid industrialization, etc. are likely to benefit the expansion of the market. On the flip side, price volatility of raw materials and prone to water damage factors are poised to check the expansion of the market in the upcoming years.

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Regional Analysis: The geographical assessment of the global gypsum board market spans across North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). North America is expected to have a substantial share in the global market owing to revamp activities being undertaken in the construction industry of the region. The U.S. is anticipated to exhibit rapid developments over the next couple of years. Asia Pacific signifies strong developmental opportunities. The elevation in the standard of living and rising disposable income has led to an increase in economic activities in the construction sector. It is further forecasted to have a favorable impact on the growth of the gypsum board market in the years to come. China is likely to drive the growth of the regional gypsum market in the upcoming years owing to rising investments and increasing infrastructural projects.

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Segmental Analysis: By type, the global gypsum board market has been segmented into regular gypsum board and type x gypsum board.

By applications, the gypsum board market has been segmented into residential, institutional, commercial and others.

By product, the global gypsum board market has been segmented into gypsum wallboard and gypsum ceiling board.

Competitive Analysis: • American Gypsum • Georgia-Pacific • Certainteed • National Gypsum • Knauf Dubai • Pabco Gypsum • Etex Group • Taishan Gypsum • Gulf Gypsum • Lafarge

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