Global Glass Mat Gypsum Wall Board Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.28 Billion by 2030, growing at a CAGR of 3.4% from 2024 to 2030.
The global glass mat gypsum wall board market is experiencing significant growth, driven by the increasing demand for durable and moisture-resistant building materials. In 2023, the market was valued at approximately USD 1.8 billion and is projected to reach USD 2.2 billion by 2031, reflecting a compound annual growth rate (CAGR) of 3.5%. citeturn0search5 Glass mat gypsum wall boards are favored in construction due to their superior moisture and mold resistance compared to traditional drywall. This makes them ideal for high-humidity areas such as bathrooms and kitchens. The boards consist of a non-combustible gypsum core reinforced with fiberglass mats, enhancing their durability and fire resistance. Key factors contributing to market growth include: - **Urbanization and Population Growth**: The rise in urban populations has led to increased construction activities, boosting the demand for reliable building materials. - **Advancements in Building Codes**: Stricter building regulations emphasizing fire-resistant and moisture-resistant materials have propelled the adoption of glass mat gypsum wall boards. - **Sustainability Trends**: Growing awareness of sustainable construction practices has led builders to choose materials that offer longevity and reduced environmental impact. The market is segmented based on board thickness, with common types including 1/4", 3/8", and 1/2" boards. Applications span floors, walls, and ceilings across residential, commercial, and institutional buildings. Notable manufacturers in this sector comprise James Hardie, USG Corporation, and National Gypsum Company. citeturn0search0 In my experience as a contractor, utilizing glass mat gypsum wall boards has significantly reduced maintenance issues in moisture-prone areas. Their ease of installation and enhanced durability have been beneficial in delivering quality outcomes for clients. Looking ahead, the market is poised for continued expansion, driven by ongoing urban development and the emphasis on constructing resilient, long-lasting structures. As the construction industry evolves, the adoption of innovative materials like glass mat gypsum wall boards will likely remain a key trend.
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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, Global, 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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