Construction Plasterboard Market size was valued at USD 14.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 21.3 Billion by 2033.
The South Korea Construction Plasterboard Market is seeing steady growth, fueled by increasing construction activities and heightened demand for advanced building materials. Plasterboard, also known as drywall, has become a staple in modern construction due to its versatility, ease of installation, and cost-effectiveness. It plays a significant role in both residential and commercial projects, ranging from homes to large-scale office buildings. This surge in demand is largely driven by various industries seeking high-quality, durable building materials that can meet specific regulatory and safety standards.
The types of plasterboard available in South Korea are varied, each catering to different needs. Standard plasterboards are used for general construction purposes, while specialized types, such as moisture-resistant, fire-resistant, and soundproof plasterboards, have found applications in particular sectors. For instance, the demand for fire-resistant plasterboard is on the rise in the commercial sector due to stringent building safety codes. The automotive and transportation industries are also significant drivers, with plasterboard being used for interior finishes in transportation infrastructure such as airports and railway stations.
Several industries are heavily reliant on the construction plasterboard market. The real estate sector, particularly in urban centers like Seoul, has seen rapid expansion, leading to an increase in the need for plasterboard in both residential and commercial developments. Additionally, the growing focus on sustainability has led to a rise in demand for eco-friendly plasterboard options, which are recyclable and contribute to energy-efficient buildings. Other sectors, such as healthcare and education, also require plasterboard for specialized applications in hospitals, schools, and other institutional buildings.
Furthermore, the growing trend of interior design customization has propelled the demand for high-quality, aesthetically pleasing plasterboard. Companies in the construction plasterboard market are responding by offering a wide range of designs and finishes to meet the diverse needs of customers. The increasing adoption of plasterboard in non-traditional applications, such as in modular homes and portable buildings, is also contributing to the market's growth.
In South Korea, the construction plasterboard market is poised to expand further as both innovation and consumer demand continue to evolve, offering substantial opportunities for manufacturers and distributors to diversify their product offerings and reach new customers.
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BNBM
Saint-Gobain
Etex Corp
Knauf
Boral
Yoshino
Jason
Baier
Jinzhou Xisier
LinYi Oupai
PT Siam-Indo
CSR
BGC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Construction Plasterboard Market
Standard Plasterboard
Moisture Resistant Plasterboard
Fire Resistant Plasterboard
Acoustic Plasterboard
Impact Resistant Plasterboard
Residential Construction
Commercial Construction
Industrial Construction
Institutional Construction
Renovation and Remodeling
4.5 mm
9 mm
12 mm
15 mm
18 mm
Contractors
Architects
Builders
DIY Enthusiasts
Project Developers
Direct Sales
Wholesale Distributors
Online Retailers
Home Improvement Stores
Specialty Construction Suppliers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Construction Plasterboard Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Construction Plasterboard Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Construction Plasterboard Market, By Type
6. South Korea Construction Plasterboard Market, By Application
7. South Korea Construction Plasterboard Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Construction Plasterboard Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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