North America Gypsum Board Market Report, Trends, Growth Rate, Demand, Opportunities 2023-2028

The latest report published by IMARC Group, titled “North America Gypsum Board Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on North America gypsum board market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The North America gypsum board market size reached 2.8 Billion Sq. Meters in 2022. Looking forward, IMARC Group expects the market to reach 3.3 Billion Sq. Meters by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.

Gypsum board is a widely used building material in the construction industry for interior walls and ceilings. It consists of a core of gypsum (a naturally occurring mineral) sandwiched between layers of paper or fiberglass, which are bonded together under pressure to create a rigid and fire-resistant panel. It offers several advantages in construction, including ease of installation, cost-effectiveness, and versatility. It is commonly available in various dimensions and thicknesses to suit different construction requirements. Gypsum boards are known for their quick and straightforward installation, allowing for the rapid completion of interior walls and ceilings in both residential and commercial buildings. It is used in applications such as soundproofing and thermal insulation when combined with specialized materials. These applications help create more comfortable and acoustically insulated indoor environments.

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Market Trends:

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Significant growth in the construction sector is driving the market in North America. Residential, commercial, and infrastructure construction projects all rely heavily on gypsum boards for interior wall and ceiling finishing, making it an essential component of the industry. Moreover, the trend toward sustainable construction practices has led to the adoption of gypsum board products that are more environmentally friendly, such as those with recycled content or low volatile organic finishes. Gypsum boards offer excellent sound insulation properties. This is especially important in residential and commercial buildings, contributing to their widespread use in areas where acoustic performance is crucial. Furthermore, ongoing innovations in gypsum board technology have led to the development of products with improved features, such as impact resistance, mold and moisture resistance, and faster installation systems. These innovations drive market growth. Renovation and remodeling activities also contribute to the demand for gypsum boards as older buildings are updated and modernized, often involving the replacement or addition of drywall.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/north-america-gypsum-board-market

North America Gypsum Board Market Segmentation:

Our report has categorized the market based on region, product type and end-use.

Key Regions Analysed:

  • United States
  • Canada
  • Mexico

Analysis for Each Country

Breakup by Product Type:

  • Wallboard
  • Ceiling Board
  • Pre-decorated Board
  • Others

Breakup by End-Use:

  • Residential
  • Corporate
  • Commercial
  • Institutional

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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