Market Forecast by Countries (United States, Canada), By Product Type (Wallboard, Ceiling Board, Pre-decorated Board, Others), By Applications (Pre-Engineered Metal Buildings, Residential, Industrial, Commercial, Institutional) And Competitive Landscape
Product Code: ETC075023 | Publication Date: Aug 2021 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Gypsum Board Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 2.7% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Product Type, By Applications |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
North America Gypsum Board Market thoroughly covers the market by countries, product types and applications. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Gypsum Board Market is likely to grow in the forecast period on the back of increasing construction and renovation activities in both residential and commercial sectors, coupled with a growing emphasis on sustainable and fire-resistant building materials, which have accelerated the demand for gypsum boards.
According to 6Wresearch, the North America Gypsum Board Market size is projected to reach a volume of 3.5 Billion Sq. Meters, registering a CAGR of 2.7% during 2023-2029. The robust growth in the construction industry, both in the residential and commercial sectors, is a major driver, as gypsum boards are widely used for interior wall and ceiling applications. The increasing shift toward sustainable and energy-efficient construction materials has boosted the demand for gypsum boards due to their eco-friendly properties and excellent fire resistance. Certain challenges are prevalent in the Gypsum Board Market in North America. The fluctuating raw material prices have heavily impacted the production costs and product pricing of the gypsum boards. The intense competition from alternative building materials, such as drywall alternatives and advanced wall systems has hindered the growth trajectory of the market. The economic uncertainties in the region have created an unfavourable environment for the market.
The COVID-19 pandemic significantly impacted the North America Gypsum Board Industry. In the initial stages of the pandemic, construction projects were halted or delayed due to the imposition of lockdowns and it led to a sharp decline in demand for gypsum board products. Manufacturing facilities faced operational challenges due to safety protocols social distancing norms and disruptions in the supply chain. Increased remote work and economic uncertainties also contributed to reduced commercial construction activities. As the construction industry adapted to pandemic conditions and residential construction surged, there was a gradual recovery in demand, particularly in the residential and renovation sectors and it remarkably increased the North America Gypsum Board Market Growth.
These are the major players in the market who are contributing significantly towards the growth and sustainability of gypsum boards and contributed towards the rise in North American gypsum Board Market Share.
Based on countries, the market is divided into the United States and Canada. The United States has a high share on account of the high demand for housing, commercial spaces, and infrastructure projects in the country.
Based on product type, the wallboard segment is expected to dominate the market in the forecast year on account of its high use in residential and commercial construction for interior wall applications
According to Dhaval, Research Manager, 6Wresearch, the pre-engineered Metal Buildings will dominate the market based on application due to their ease of installation and fire resistance properties
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Gypsum Board Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Gypsum Board Market Revenues & Volume, 2022 & 2029F |
3.3 North America Gypsum Board Market - Industry Life Cycle |
3.4 North America Gypsum Board Market - Porter's Five Forces |
3.5 North America Gypsum Board Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 North America Gypsum Board Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.7 North America Gypsum Board Market Revenues & Volume Share, By Applications, 2022 & 2029F |
4 North America Gypsum Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Gypsum Board Market Trends |
6 North America Gypsum Board Market, 2019 - 2029 |
6.1 North America Gypsum Board Market, Revenues & Volume, By Product Type, 2019 - 2029 |
6.2 North America Gypsum Board Market, Revenues & Volume, By Applications, 2019 - 2029 |
7 United States Gypsum Board Market, 2019 - 2029 |
7.1 United States Gypsum Board Market, Revenues & Volume, By Product Type, 2019 - 2029 |
7.2 United States Gypsum Board Market, Revenues & Volume, By Applications, 2019 - 2029 |
8 Canada Gypsum Board Market, 2019 - 2029 |
8.1 Canada Gypsum Board Market, Revenues & Volume, By Product Type, 2019 - 2029 |
8.2 Canada Gypsum Board Market, Revenues & Volume, By Applications, 2019 - 2029 |
9 North America Gypsum Board Market Key Performance Indicators |
10 North America Gypsum Board Market - Opportunity Assessment |
10.1 North America Gypsum Board Market Opportunity Assessment, By Countries, 2022 & 2029F |
10.2 North America Gypsum Board Market Opportunity Assessment, By Product Type, 2022 & 2029F |
10.3 North America Gypsum Board Market Opportunity Assessment, By Applications, 2022 & 2029F |
11 North America Gypsum Board Market - Competitive Landscape |
11.1 North America Gypsum Board Market Revenue Share, By Companies, 2022 |
11.2 North America Gypsum Board Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |