North America Gypsum Board Market Research Report, Market Share, Size, Trends, Forecast and Analysis of Key players 2025
The North America gypsum board market reached a volume of 2.74 Billion Sq. meters in 2019. Also known as drywall, gypsum boards are manufactured using gypsum rock core that can be directly attached to a wood and metal surface. These boards are durable, lightweight, biodegradable, economical, convenient, and fire and sound resistant as compared to other construction materials. Consequently, they are extensively utilized in the residential and commercial sectors across the North American region.
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The market has been experiencing growth over the past few years on account of the upgradation of existing infrastructure with improved materials. However, owing to the outbreak of coronavirus disease (COVID-19), governments of various countries in the North American region have imposed complete lockdown. Consequently, construction activities are experiencing a halt in these countries, which, in turn, is negatively impacting the growth of the market. However, the industry is anticipated to revive in the upcoming years as several manufacturers are focusing on the introduction of innovative designs and textures. Apart from this, stringent policies mandating the usage of sustainable materials in the construction of commercial and residential buildings, along with numerous benefits associated with gypsum board, such as enhancing the aesthetic appeal of the building, is also expected to fuel the market growth.
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Report Scope:
- North America Gypsum Board Market
- Key Regions Analysed
- United States
- Canada
- Mexico
- Analysis for Each Country
- Market by Product Type
- Wallboard
- Ceiling Board
- Pre-decorated Board
- Others
- Market by End-Use
- Residential
- Corporate
- Commercial
- Institutional
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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