The expanding construction industry is among the key factors driving the gypsum board market. In line with this, the growing demand for commercial and residential buildings across countries is further catalyzing the market growth. Moreover, the inflating number of renovation and restoration undertakings for structural complexes is acting as another significant growth-inducing factor.
The expanding construction industry is among the primary factors driving the GCC gypsum board market. In line with this, the inflating demand for commercial and residential building projects, owing to the growing population and elevating urbanization levels, is further catalyzing the market growth. Moreover, the escalating number of renovation and restoration undertakings for structural complexes is acting as another significant growth-inducing factor. In addition to this, the emerging trend of wood-frame construction, which uses gypsum boards as essential components, is also bolstering the market growth.
The global synthetic gypsum market size is expected to grow from $1.41 billion in 2021 to $1.47 billion in 2022 at a compound annual growth rate (CAGR) of 4.42%.
This report researches the worldwide Gypsum Boards market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
The expanding construction sector, in confluence with the growing adoption of gypsum boards for both commercial and residential applications, is primarily driving the global market. Furthermore, a rise in remodeling and refurbishment activities for the existing infrastructures on account of improving living standards is also augmenting the product demand. The elevating levels of industrialization and the increasing demand for better living conditions and quality housing are further propelling the market growth. Additionally, the introduction of eco-friendly product variants is also anticipated to bolster the market for gypsum boards over the forecasted period. Read more: https://www.syndicatedanalytics.com/gypsum-boards-production-cost-analysis-report
This 2016 market research report on Global Gypsum Board Market is a meticulously undertaken study. Experts with proven credentials and a high standing within the research fraternity have presented an in-depth analysis of the subject matter, bringing to bear their unparalleled domain knowledge and vast research experience. View Report @ http://www.orbisresearch.com/reports/index/global-gypsum-board-market-2016-industry-trend-and-forecast-2021
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Gypsum board is the generic name for a family of panel products that consist of a noncombustible core, composed primarily of gypsum, and a paper surfacing on the face, back and long edges. Gypsum board is one of several building materials covered by the umbrella term “gypsum panel products.
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Significant growth in the construction industry represents one of the key factors driving the market for particle boards in the GCC region. This material requires minimal maintenance and is environmentally friendly. Moreover, particle boards display thermo-acoustic insulation properties and can be utilized in speakers and false ceilings of auditoriums and theaters.
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Global Gypsum Board Market Information by type (Regular Gypsum Board and Type X Gypsum Board), by applications (residential, institutional, commercial and others) and by product (gypsum wallboard and gypsum ceiling board) - Forecast to 2021
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Spray foam that holds more than 20% share in the market has been among the preferred air barriers. Plywood and oriented strand board (OSB) collectively account for more than a third of the total sales. Despite being a low-cost air barrier preference, gypsum board will most likely lose its market value share in the following years, which is attributed to its lesser durability and relative incompatibility for curved-surface application.
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