Gypsum Board Market to Reach US$ 98.06 Bn by 2030, Growing at 11.3% CAGR, Led by YOSHINO GYPSUM CO., LTD and LafargeHolcim
Global Gypsum Panel Market Poised to Reach US$98.06 Billion by 2030 at a CAGR of 11.3% - Maximize Market Research
The global gypsum panel market is on an upward trajectory, projected to reach US$98.06 billion by 2030. This signifies a significant increase, reflecting a compelling Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period 2024-2030, according to a new report by Maximize Market Research.
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Demand Driven by Construction Boom and Focus on Sustainability
The growth of the gypsum panel market is attributed to several factors, including:
- Rising construction activities: An increase in residential and commercial construction projects globally is driving demand for gypsum panels, which are widely used for walls and ceilings.
- Focus on sustainable building practices: Gypsum panels offer advantages such as fire resistance, sound insulation, and energy efficiency, aligning with growing trends in sustainable construction.
Maximize Market Research Report Empowers Stakeholders
The Maximize Market Research report offers valuable insights for businesses and investors in the gypsum panel landscape. Key features include:
- Market size and growth forecasts for the coming years.
- In-depth analysis of key market drivers, restraints, and opportunities.
- Comprehensive segmentation of the market by product, application, and type.
- Profiles of leading industry participants and their competitive strategies.
Market Segmentation Provides Granular View
The report segments the gypsum panel market across various aspects, providing a detailed view:
- By Product: Pre-decorated Boards, Wallboards, Ceiling Boards
- By Application: Commercial, Residential
- By Type: Regular Board, Type X Board, and Others
Key Players Shaping the Global Landscape
The report features prominent players in the gypsum panel market:
- Saint-Gobain
- Knauf Gips KG
- LafargeHolcim
- USG Corporation (formerly USG Boral)
- Etex Group
- National Gypsum Company
- Georgia-Pacific Gypsum LLC
- And More
Equipping Businesses for Future Success
The Maximize Market Research report equips businesses with the knowledge to capitalize on the promising opportunities within the gypsum panel market. By leveraging these insights, companies can develop innovative products, identify lucrative market opportunities, and gain a competitive edge in this growing landscape.
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