Gypsum Board Market by Type (Standard Board, Type X, Others), by Application (New Housing, New Commercial, Rework & Remodel), by By Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) Forecast 2024-2032
The Gypsum Board Market size was valued at USD 39.91 USD Billion in 2023 and is projected to reach USD 56.53 USD Billion by 2032, exhibiting a CAGR of 5.1 % during the forecast period. Gypsum Board is a type of wider panel that contains both calcium sulfate dihydrate (gypsum) and modifiers, if needed, and is created by extruding the mixture between thicker sheets of facer and backer paper. The final mix consists of the plaster with the fiber, plasticizer, foaming agent and additives that can offer mildew-reducing, flame retardance, and water-absorbing properties. The soffit of gypsum boards formed from grinding and turning rocks comes from the fine powder of the gypsum rock and mixing it in the water to form a slurry. The toner is then transferred onto the paper by applying heat and pressure from the rollers. The resulting sandwiched sheets are firmly pressed together to form the front and back of a board. Then the board is heated to several moisture levels and is cut to correspond with the required size when it dries up. In building sector, It is a great option as a wall or ceiling material due to its installation ease, good resistance to fire, and good ability to soundproof.
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This comprehensive report offers invaluable insights into the gypsum board market:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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