Glass Mat Gypsum Wall Board Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 4.2% from 2024 to 2030.
The Glass Mat Gypsum Wall Board market has seen substantial growth from 2018 to 2022, driven by advancements in building materials and growing construction activities globally. In the period leading up to 2022, the demand for lightweight, moisture-resistant, and fire-resistant gypsum wall boards surged. This increase was largely due to the rising need for sustainable building materials, along with the expanded construction of residential, commercial, and industrial buildings. In particular, the shift towards eco-friendly construction practices has been a key factor in the growth of the Glass Mat Gypsum Wall Board market. Manufacturers have increasingly focused on improving the durability and performance of these wall boards, resulting in a higher demand across various regions.
As we transition into the period between 2023 and 2033, the outlook for the Glass Mat Gypsum Wall Board market is set to undergo several significant shifts. The projected demand will continue to be strong, fueled by the increasing focus on smart cities, urbanization, and the expansion of infrastructure projects worldwide. With emerging economies investing heavily in the construction sector, particularly in Asia-Pacific, the demand for durable and cost-effective building materials is expected to increase. Moreover, government regulations mandating the use of more sustainable materials and improved fire safety standards will contribute to the steady rise in demand for Glass Mat Gypsum Wall Boards in the coming decade.
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James Hardie
USG Corporation
Allura (Elementia)
Custom Building Products
GAF
National Gypsum Company
Johns Manville
SCG Building Materials
CertainTeed (Saint-Gobain)
Nichiha
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 Glass Mat Gypsum Wall Board Market
Floors
Walls
Ceilings
Others
Based on Types the Market is categorized into Below types that held the largest Glass Mat Gypsum Wall Board market share In 2023.
1/4€ Board
3/8€ Board
1/2€ Board
Others
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 Glass Mat Gypsum Wall Board 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 Glass Mat Gypsum Wall Board Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glass Mat Gypsum Wall Board Market, By Type
6. Global Glass Mat Gypsum Wall Board Market, By Application
7. Global Glass Mat Gypsum Wall Board Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Glass Mat Gypsum Wall Board Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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