The Global Gypsum Fiber Boards Market size is projected to reach USD 6.5 billion by 2028 and is projected to register a CAGR of 3.1% during the period 2021-2028. The increasing demand in the construction sector and growth in infrastructure development drive the gypsum fiber boards market globally. On account of their low cost and fireproof attributes, they are extensively used for roofing applications.
Gypsum Fiber Boards can be defined as boards that are made with a composite material consisting of gypsum, an organic or inorganic binder, and water. They are mainly used for wallboard work between studs or joists to provide insulation from heat transmission. It is also used as a fire-resistant material. These products have high compressive strength, low water absorption properties, and good thermal insulating properties.
On the basis of Types, the market is segmented into Glass-Fiber Reinforced Gypsum, Wood-Fiber Gypsum Board, and Others.
Glass-Fiber Reinforced Gypsum is a type of gypsum board that contains fibers made from glass. The most common use for Glass-Fiber Reinforced Gypsums is as wallboard or plaster over metal lath in residential, commercial construction, and industrial applications such as ceilings, walls, partitions, soffits, and nonstructural interior panels. Sometimes it's also used to make ceiling tiles.
Wood-Fiber Gypsum Board is a panel construction material in the form of boards or sheets, made from three layers: an outer layer of wood fibers impregnated with gypsum plaster, and two inner layers of glass fiber reinforced gypsum. Wood-fiber board panels are used primarily for interior walls. In Europe, it is also being increasingly used as roofing systems and ceilings due to its fire resistance properties.
On the basis of Application, the market is segmented into Wall, Roof, Others.
The use of gypsum as a plaster on walls is an old technique for creating smooth surfaces and false moldings with the added benefit of being fire-resistant when treated. The panels are used in traditional wall construction to create a "true" partition system by providing insulation value and a surface that can be decorated or finished easily without paint peeling off over time.
Roof boards are typically made in two styles - a drywall construction that uses adhesive to join the panels together or metal framing on one side and wood, plywood, or OSB material on the other.
Gypsum fiber board is also used as roof sheathing because of its excellent acoustic properties which help reduce noise levels from adjacent spaces such as offices. It provides good resistance against impact sound transmission while still allowing sound generated within the room (such as speech) to pass through more freely than it would have done in a solid wall. Drywall construction offers greater flexibility for designers but may not be structurally appropriate where large spans need support at corners.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The Asia Pacific is expected to show the maximum growth during the forecast period among all regions of the world in the gypsum boards market on account of rising construction activities across countries such as India and China coupled with increasing demand for energy-efficient products like gypsum boards which have high insulation properties than other building materials available globally. The North American region would also register a significant rise in the 2020s owing to the arrival of numerous reconstruction projects due to hurricanes.
Growth in the global gypsum fiber boards market is driven by factors such as increasing demand for lightweight construction materials, growing awareness about environmental sustainability, and rising urbanization. Other drivers include the affordability of these products due to low raw material costs and high recycled content. The growth will also be fuelled by an increase in R&D investments which would lead to innovative product offerings that could potentially replace traditional building materials such as concrete or steel with less expensive alternatives.
Up Market Research published a new report titled “Gypsum Fiber Boards Market research report which is segmented by Types (Glass-Fiber Reinforced Gypsum, Wood- Fiber Gypsum Board, Others), By Applications (Wall, Roof, Others), By Players/Companies USG, Saint Gobain, Fermacell, National Gypsum, Knauf, Georgia-Pacific, Continental Buiding Products, CNBM, Shandong Heng Shenglong Building Material, Yingchuang, Shanghai Chuncui Decoration Material, Chongqing Huanzhou New Building Materials”.
|Report Attributes||Report Details|
|Report Title||Gypsum Fiber Boards Market Research Report|
|By Type||Glass-Fiber Reinforced Gypsum, Wood- Fiber Gypsum Board, Others|
|By Application||Wall, Roof, Others|
|By Companies||USG, Saint Gobain, Fermacell, National Gypsum, Knauf, Georgia-Pacific, Continental Buiding Products, CNBM, Shandong Heng Shenglong Building Material, Yingchuang, Shanghai Chuncui Decoration Material, Chongqing Huanzhou New Building Materials|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||224|
|Number of Tables & Figures||157|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Glass-Fiber Reinforced Gypsum, Wood- Fiber Gypsum Board, Others and By Application Wall, Roof, Others.
Some of the companies that are profiled in this report are:
Gypsum Fiber Boards Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Gypsum Fiber Boards Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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