Global Plasterboard Market expected to post a growth rate of about 5.81% CAGR between 2023 and 2032

Pune, India, January 11, 2016 /MRFR Press Release/- Market Research Future published a half-cooked research report on global Plasterboard market. The global market for plasterboard is expected to grow at a CAGR of about 5.81% during the forecast period, 2023 to 2032

Plasterboard Market Highlights

Increasing migration of rural population to the urban areas is estimated to significantly drive the construction industries and hence will have major contribution in the growth of plasterboard market. Residential application contributes highest share due to the rising per capita income of the individuals, and growing smart home concept contributes to the overall growth of the market. The global plasterboard market was valued at USD 14.81 billion in 2023 and is expected to grow at a CAGR of 5.07%, reaching USD 23.27 billion by 2032.

North America has dominated the plasterboard market. Asia-Pacific is expected to become fastest growing market for plasterboard. Emerging countries like China and India region has recently seen the increasing construction industries, demand for sustainable development in the populated area is estimated to drive the market for plasterboard market.

Key Factors affecting the market during the forecast period

Scope of the report

This study provides an overview of the global plasterboard industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the global Plasterboard market based on type, edge-type, and application. On the basis of type it is segmented as insulated, damp proof, moisture resistant, sound insulation, fire resistant, and others. On the basis of edge type it is segmented as tapered, rounded, square-edge, others. On the basis of application it is segmented as residential and non-residential.

Key Players

The key players of global Plasterboard market report include Gyprock, Knauf Insulation, BGC Plasterboard, Beijing New Building Material (Group) Co., Ltd., Boral Limited, Chiyoda UTE Co., Ltd., PT Siam-Indo Gypsum Industry, Saint-Gobain, Lafarge, Etex, National Gypsum Company Properties, LLC and Yoshino Gypsum Co., Ltd.  

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