Us Drywall and Building Plaster Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Drywall and Building Plaster Market was valued at USD 30 Billion in 2022 and is projected to reach USD 45 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The United States drywall and building plaster market is experiencing significant growth, driven by increasing construction activities and a shift towards sustainable building materials. In 2024, the market was valued at approximately USD 15.58 billion and is projected to reach USD 25.20 billion by 2034, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period.
Several factors contribute to this upward trajectory:
Urbanization and Housing Demand: Rapid urbanization has led to a surge in residential construction projects, increasing the demand for cost-effective and efficient building materials like drywall and plaster.
Commercial Infrastructure Development: Expansion in commercial sectors, including offices, retail spaces, and hospitality, necessitates the use of drywall for its quick installation and fire-resistant properties.
Renovation and Remodeling Trends: The growing trend of home improvement and renovation, especially in the residential sector, has bolstered the market. Homeowners are investing in remodeling projects, leading to increased demand for drywall and plaster products.
Emphasis on Energy Efficiency: There is a rising demand for energy-efficient buildings, and drywall plays a crucial role due to its insulation properties, which help in reducing energy consumption.
However, the market faces challenges such as:
Fluctuating Raw Material Prices: The cost of gypsum, a primary raw material, is subject to market volatility, which can impact production costs and pricing strategies.
Environmental Concerns: The extraction and processing of gypsum raise environmental issues, prompting manufacturers to explore sustainable alternatives and recycling methods.
In response to these challenges, the industry is witnessing several trends:
Innovation in Sustainable Products: Manufacturers are developing eco-friendly drywall and plaster products, incorporating recycled materials and low-emission compounds to meet green building standards.
Technological Advancements: The adoption of advanced manufacturing techniques, such as automation and digitalization, has improved production efficiency and product quality.
Prefabricated Construction Methods: The rise of prefabricated and modular construction has increased the demand for drywall due to its compatibility with off-site construction techniques.
Key players in the U.S. market include:
USG Corporation: A leading manufacturer offering a range of innovative drywall products known for their quality and performance.
National Gypsum Company: Known for its sustainable and high-performance building materials, catering to various construction needs.
Georgia-Pacific LLC: Provides a diverse portfolio of building products, including drywall solutions that emphasize durability and ease of installation.
Saint-Gobain (CertainTeed): Offers a comprehensive range of drywall and plaster products, focusing on energy efficiency and sustainability.
These companies are focusing on product innovation, strategic partnerships, and expanding their distribution networks to strengthen their market position. The increasing adoption of sustainable building practices and the development of energy-efficient construction materials are expected to further drive the growth of the U.S. drywall and building plaster market in the coming years.
Get an In-Depth Research Analysis of the Global Drywall and Building Plaster Market Size And Forecast [2025-2032]
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Knauf Gips KG
Saint-Gobain
Etex S.A.
USG Corporation
Fermacell
Gyptec Iberica
Georgia-Pacific
National Gypsum Properties
USG Boral Building Products
PABCO Building Products
American Gypsum Company
ROCKWOOL International
Continental Building Products
LafargeHolcim
Winstone Wallboards Limited
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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 Global Drywall and Building Plaster Market
Drywall
Building Plaster
Residential Construction
Commercial Construction
Industrial Construction
Renovation and Remodeling
Construction
Industrial
Infrastructure
Automotive
Direct Sales
Online Retail
Distributor/Wholesaler
Specialty Stores
Ready Mix
Site Mix
Pre-mixed
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Drywall and Building Plaster 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. Global Drywall and Building Plaster Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Drywall and Building Plaster Market, By Type
6. Global Drywall and Building Plaster Market, By Application
7. Global Drywall and Building Plaster Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Drywall and Building Plaster Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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