North America Gypsum Board Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
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 boards, also known as drywall, wallboard or plasterboard, can be directly attached to wood and metal framing or existing surfaces using screws, nails or adhesives. They offer sound control, versatility, quality and convenience and their non-combustible core makes them different from plywood, hardboard and fiberboard. Gypsum boards are mainly composed of a mineral called gypsum, chemically known as calcium sulfate and is found in sedimentary rocks. Once the mineral is crushed, grinded and converted into calcined or partially dehydrated gypsum, it is again combined with water and additives to form a slurry. It is then fed between continuous layers of paper on a board-forming machine. These boards are subjected to solidification belts followed by cutting and drying machines. After this, the calcium sulfate recrystallizes to its original rock state and the paper becomes chemically and mechanically bonded to the core. Finally, the boards are trimmed, taped and stacked together, and distributed. Gypsum boards are primarily employed for decorative purposes in residential, commercial, corporate and institutional complexes.
The North America gypsum board market is currently driven by several factors. The rising influx of engineered products, such as gypsum board, in the construction industry, has catalyzed the demand in the region. Apart from this, several renovation and restoration projects for structural complexes have fueled the growth of the gypsum board market. In addition to this, the wood-frame construction, which is prevalent in the region, uses gypsum boards as an essential component. Furthermore, abundance of natural gypsum reserves and the presence of multiple synthetic gypsum suppliers in the region have also spurred the demand for gypsum board.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America gypsum board market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on product type and end-use.
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
Key Questions Answered in This Report:
How has the North America gypsum board market performed so far and how will it perform in the coming years?
What are the key regions in the North America gypsum board market?
What has been the impact of COVID-19 on the North America gypsum board market?
What is the breakup of the North America gypsum board market on the basis of product type?
What is the breakup of the North America gypsum board market on the basis of end-use?
What are the various stages in the value chain of the North America gypsum board industry?
What are the key driving factors and challenges in the North America gypsum board industry?
What is the structure of the North America gypsum board industry and who are the key players?
What is the degree of competition in the North America gypsum board industry?
What are the profit margins in the North America gypsum board industry?
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 boards, also known as drywall, wallboard or plasterboard, can be directly attached to wood and metal framing or existing surfaces using screws, nails or adhesives. They offer sound control, versatility, quality and convenience and their non-combustible core makes them different from plywood, hardboard and fiberboard. Gypsum boards are mainly composed of a mineral called gypsum, chemically known as calcium sulfate and is found in sedimentary rocks. Once the mineral is crushed, grinded and converted into calcined or partially dehydrated gypsum, it is again combined with water and additives to form a slurry. It is then fed between continuous layers of paper on a board-forming machine. These boards are subjected to solidification belts followed by cutting and drying machines. After this, the calcium sulfate recrystallizes to its original rock state and the paper becomes chemically and mechanically bonded to the core. Finally, the boards are trimmed, taped and stacked together, and distributed. Gypsum boards are primarily employed for decorative purposes in residential, commercial, corporate and institutional complexes.
The North America gypsum board market is currently driven by several factors. The rising influx of engineered products, such as gypsum board, in the construction industry, has catalyzed the demand in the region. Apart from this, several renovation and restoration projects for structural complexes have fueled the growth of the gypsum board market. In addition to this, the wood-frame construction, which is prevalent in the region, uses gypsum boards as an essential component. Furthermore, abundance of natural gypsum reserves and the presence of multiple synthetic gypsum suppliers in the region have also spurred the demand for gypsum board.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America gypsum board market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on product type and end-use.
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
Key Questions Answered in This Report:
How has the North America gypsum board market performed so far and how will it perform in the coming years?
What are the key regions in the North America gypsum board market?
What has been the impact of COVID-19 on the North America gypsum board market?
What is the breakup of the North America gypsum board market on the basis of product type?
What is the breakup of the North America gypsum board market on the basis of end-use?
What are the various stages in the value chain of the North America gypsum board industry?
What are the key driving factors and challenges in the North America gypsum board industry?
What is the structure of the North America gypsum board industry and who are the key players?
What is the degree of competition in the North America gypsum board industry?
What are the profit margins in the North America gypsum board industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL GYPSUM BOARD MARKET
5.1Market Performance
5.2Market Breakup by Product Type
5.3Market Breakup by End-Use
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA GYPSUM BOARD MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA GYPSUM BOARD MARKET: BREAKUP BY PRODUCT TYPE
7.1Wallboard
7.2Ceiling Board
7.3Pre-decorated Board
7.4Others
8 NORTH AMERICA GYPSUM BOARD MARKET: BREAKUP BY END-USE
8.1Residential
8.2Corporate
8.3Commercial
8.4Institutional
9 NORTH AMERICA GYPSUM BOARD MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Product Type
9.1.3Market Breakup by End-Use
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Product Type
9.2.3Market Breakup by End-Use
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Product Type
9.3.3Market Breakup by End-Use
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Raw Material Procurement
11.3Manufacturing
11.4Marketing
11.5Distribution
11.6Retailer/Exporter
11.7End-User
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL GYPSUM BOARD MARKET
5.1Market Performance
5.2Market Breakup by Product Type
5.3Market Breakup by End-Use
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA GYPSUM BOARD MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA GYPSUM BOARD MARKET: BREAKUP BY PRODUCT TYPE
7.1Wallboard
7.2Ceiling Board
7.3Pre-decorated Board
7.4Others
8 NORTH AMERICA GYPSUM BOARD MARKET: BREAKUP BY END-USE
8.1Residential
8.2Corporate
8.3Commercial
8.4Institutional
9 NORTH AMERICA GYPSUM BOARD MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Product Type
9.1.3Market Breakup by End-Use
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Product Type
9.2.3Market Breakup by End-Use
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Product Type
9.3.3Market Breakup by End-Use
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Raw Material Procurement
11.3Manufacturing
11.4Marketing
11.5Distribution
11.6Retailer/Exporter
11.7End-User
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
LIST OF TABLES
Table 1: North America: Gypsum Board Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Gypsum Board Market Forecast: Breakup by Product Type (in Billion Sq. Meters), 2023-2028
Table 3: North America: Gypsum Board Market Forecast: Breakup by End-Use (in Billion Sq. Meters), 2023-2028
Table 4: North America: Gypsum Board Market Forecast: Breakup by Country (in Billion Sq. Meters), 2023-2028
Table 5: North America: Gypsum Board Market: Competitive Structure
Table 6: North America: Gypsum Board Market: Key Players
Table 1: North America: Gypsum Board Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Gypsum Board Market Forecast: Breakup by Product Type (in Billion Sq. Meters), 2023-2028
Table 3: North America: Gypsum Board Market Forecast: Breakup by End-Use (in Billion Sq. Meters), 2023-2028
Table 4: North America: Gypsum Board Market Forecast: Breakup by Country (in Billion Sq. Meters), 2023-2028
Table 5: North America: Gypsum Board Market: Competitive Structure
Table 6: North America: Gypsum Board Market: Key Players
LIST OF FIGURES
Figure 1: North America: Gypsum Board Market: Major Drivers and Challenges
Figure 2: Global: Gypsum Board Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Global: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 5: Global: Gypsum Board Market: Breakup by Region (in %), 2022
Figure 6: Global: Gypsum Board Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 7: North America: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 8: North America: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 9: North America: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 10: North America: Gypsum Board (Wallboard) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 11: North America: Gypsum Board (Wallboard) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 12: North America: Gypsum Board (Ceiling Board) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 13: North America: Gypsum Board (Ceiling Board) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 14: North America: Gypsum Board (Pre-decorated Board) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 15: North America: Gypsum Board (Pre-decorated Board) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 16: North America: Gypsum Board (Other Product Types) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 17: North America: Gypsum Board (Other Product Types) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 18: North America: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 19: North America: Gypsum Board (Residential) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 20: North America: Gypsum Board (Residential) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 21: North America: Gypsum Board (Corporate) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 22: North America: Gypsum Board (Corporate) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 23: North America: Gypsum Board (Commercial) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 24: North America: Gypsum Board (Commercial) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 25: North America: Gypsum Board (Institutional) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 26: North America: Gypsum Board (Institutional) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 27: North America: Gypsum Board Market: Breakup by Country (in %), 2022
Figure 28: United States: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 29: United States: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 30: United States: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 31: United States: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 32: Canada: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 33: Canada: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 34: Canada: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 35: Canada: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 36: Mexico: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 37: Mexico: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 38: Mexico: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 39: Mexico: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 40: North America: Gypsum Board Industry: SWOT Analysis
Figure 41: North America: Gypsum Board Industry: Value Chain Analysis
Figure 42: North America: Gypsum Board Industry: Porter’s Five Forces Analysis
Figure 1: North America: Gypsum Board Market: Major Drivers and Challenges
Figure 2: Global: Gypsum Board Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Global: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 5: Global: Gypsum Board Market: Breakup by Region (in %), 2022
Figure 6: Global: Gypsum Board Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 7: North America: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 8: North America: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 9: North America: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 10: North America: Gypsum Board (Wallboard) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 11: North America: Gypsum Board (Wallboard) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 12: North America: Gypsum Board (Ceiling Board) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 13: North America: Gypsum Board (Ceiling Board) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 14: North America: Gypsum Board (Pre-decorated Board) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 15: North America: Gypsum Board (Pre-decorated Board) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 16: North America: Gypsum Board (Other Product Types) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 17: North America: Gypsum Board (Other Product Types) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 18: North America: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 19: North America: Gypsum Board (Residential) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 20: North America: Gypsum Board (Residential) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 21: North America: Gypsum Board (Corporate) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 22: North America: Gypsum Board (Corporate) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 23: North America: Gypsum Board (Commercial) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 24: North America: Gypsum Board (Commercial) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 25: North America: Gypsum Board (Institutional) Market: Volume Trends (in Billion Sq. Meters), 2017 & 2022
Figure 26: North America: Gypsum Board (Institutional) Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 27: North America: Gypsum Board Market: Breakup by Country (in %), 2022
Figure 28: United States: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 29: United States: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 30: United States: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 31: United States: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 32: Canada: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 33: Canada: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 34: Canada: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 35: Canada: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 36: Mexico: Gypsum Board Market: Volume Trends (in Billion Sq. Meters), 2017-2022
Figure 37: Mexico: Gypsum Board Market: Breakup by Product Type (in %), 2022
Figure 38: Mexico: Gypsum Board Market: Breakup by End-Use (in %), 2022
Figure 39: Mexico: Gypsum Board Market Forecast: Volume Trends (in Billion Sq. Meters), 2023-2028
Figure 40: North America: Gypsum Board Industry: SWOT Analysis
Figure 41: North America: Gypsum Board Industry: Value Chain Analysis
Figure 42: North America: Gypsum Board Industry: Porter’s Five Forces Analysis
