Drywall & Building Plaster Market Recent Application and Latest Technology, Size, Trends 2030

The report is titled ‘Drywall & Building Plaster Market: Opportunity Analysis and Future Assessment 2023-2030’. An overview of conceptual frameworks, analytical approaches of the Drywall & Building Plaster Market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market.

The global drywall & building plaster market in 2020 is estimated for more than US$ 83.2 Mn and expected to reach a value of US$ 126.4 Mn by 2028 with a significant CAGR of 5.4%.

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Drywall & Building Plaster Introduction

Drywall, also known as wallboard, gypsum board, or plasterboard, is a panel manufactured from calcium sulfate dihydrate (gypsum), with or without additives; and is normally pressed in between a facer and a backer, which is thick sheets of paper. These drywalls a widely used to make ceilings and interior walls. On the other hand, a plaster is a mixture of fiber, plasticizer, foaming agent and other additives that focuses on lowering the water absorption, reducing mildew problems and improves the fire resistance property.

Drywall & Building Plaster Market Dynamics

The increasing count of the population across the globe is further increasing the demand for living spaces and privacy among the residents. This has resulted in the elevating demand for drywall and building plasters in building and construction market. In addition, the factors like increasing disposable income and growing demand for interior designing of the residential properties, hotels, educational institutes, etc. are also responsible for fuelling the growth of this market. However, drywalls are delicate in nature and hence they have a risk of being damaged, which is the major concerning factor that hampers the growth of this market.

The global drywall & building plaster market size is expected to increase at a significant CAGR over the forecast period owing to the increasing urbanization and growing building and construction industries, globally. The market is also fueled by the increasing need for fire-resistant, shock-proof and sound-proof walls. However, the lack of skilled manpower for the installation may obstruct the growth of drywall and build plaster market.

Drywall & Building Plaster Market Segmentation

The global drywall & building plaster market is segmented on the basis of product type, application, and region.

On the basis of product type, the global drywall & building plaster market can be segmented into drywall and building plaster. The building plaster segment is further fragmented into gypsum, lime, and cement. On the basis of therapeutic application, the global drywall & building plaster market forecast can be segmented into residential, wholesale & retail buildings, offices, academic & educational buildings, hotels & restaurants and others.

Some of the key questions answered in this report: 

• Which are the five top players of the Drywall & Building Plaster Market?
• How will the Drywall & Building Plaster Market change in the upcoming years?
• Which product and application will take a share of the Drywall & Building Plaster Market?
• What are the drivers and restraints of the Drywall & Building Plaster Market?
• Which regional market will show the highest growth?
• What will be the CAGR and size of the Drywall & Building Plaster Market throughout the forecast period?
• What is the current market size, what will the market size be in 2030 and what will the growth rate be?
• What are the challenges to grow in the market?
• What are the market opportunities and challenges faced by the key vendors?
• Who are the major competitors and what is their strategy?
• What are the barriers to entry for new players in the market?

Drywall & Building Plaster Market Key Players

Global drywall & building plaster market is mainly dominated by American Gypsum Company LLC, Compagnie de Saint-Gobain S.A., Etex S.A., Fermacell, Georgia-Pacific, Gyptec Iberica, Knauf Gips KG, National Gypsum Properties, LLC, PABCO Building Products, LLC, ROCKWOOL International A/S, USG Boral Building Products and USG Corporation.

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