Market Overview:
The global drywall materials market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for drywall materials in residential, commercial, and industrial applications. In terms of type, the joint compound segment is expected to lead the market during the forecast period. This can be attributed to its properties such as easy installation and low cost. In terms of application, the residential segment is expected to lead the market during the forecast period owing to an increase in construction activities across regions.
Product Definition:
Drywall, also known as plasterboard, wallboard, gypsum board or sheetrock, is a panel made of calcium sulfate dihydrate (gypsum) with or without additives and encased in thin paper. It is used to cover walls and ceilings.
Joint Compound:
Joint compound is a water-based adhesive, which is widely used in the construction industry. It has high demand due to its characteristics such as quick drying and excellent bonding power. The growth factor of this product depends on various factors such as building structure, climate conditions, joint size and fill ratio among others. In addition, increasing infrastructural developments across the globe are expected to drive market growth over the forecast period.
Drywall Accessories:
Drywall accessories are the parts that are used to assemble drywall. It includes screws, nails, washers, plugs and other fasteners. These products have different functions and attributes which helps in improving the overall performance of drywalls.
Application Insights:
The demand for drywall in residential applications accounted for the largest share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The rising number of residential construction activities across various countries, including China, India, U.S., Germany, Brazil and Mexico is expected to drive the segment growth over the forecast period.
Drywall accessories such as joint compound are majorly used in interior wall applications where smooth finish is required or where there are cracks or gaps between walls which need to be filled up. Drywall joints act as a waterproofing solution by creating a water-resistant seal around doors and windowsills that keep moisture out while allowing air circulation within the room space.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region comprises emerging economies, such as China, India, and Japan. Rapid urbanization coupled with increasing construction activities owing to growing population has resulted in high product demand in this region.
China is one of the largest markets for drywall materials globally on account of rapid infrastructural development along with rising residential construction activities supported by government initiatives aimed at providing housing facilities to its rapidly expanding population. Moreover, favorable government regulations aimed at promoting private investments are anticipated to fuel industry expansion over the coming years.
Europe accounted for a major share of revenue generated by Asia Pacific regional market due to high demand from residential applications primarily driven by Germany and U.K.
Growth Factors:
- Increasing demand for drywall in the construction industry as a result of growth in the global population and rise in disposable income.
- Rapid urbanization and growing demand for new housing units, especially in developing countries, is expected to drive the market growth for drywall materials over the forecast period.
- Rising awareness about energy-efficient building construction practices is also anticipated to fuel market growth for drywall materials over the next few years.
- Growing use of lightweight and fire-resistant drywall products across various end-use segments is another key factor that would propel market expansion during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Drywall Materials Market Research Report
By Type
Joint Compound, Drywall Accessories
By Application
Residential, Commercial, Industrial
By Companies
DAP Products, USG Corporation, ProForm, Plus 3, Sheetrock, Crack Patch, Westpac, Rapid Set, Kuiken Brothers, Proroc, DAP Products, Murco, Hyde, DRICore, Hamiltion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Drywall Materials Market Report Segments:
The global Drywall Materials market is segmented on the basis of:
Types
Joint Compound, Drywall Accessories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DAP Products
- USG Corporation
- ProForm
- Plus 3
- Sheetrock
- Crack Patch
- Westpac
- Rapid Set
- Kuiken Brothers
- Proroc
- DAP Products
- Murco
- Hyde
- DRICore
- Hamiltion
Highlights of The Drywall Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Joint Compound
- Drywall Accessories
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drywall Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drywall is a type of wall covering made from gypsum plaster and fiberglass. It is used to cover walls and ceilings in residential and commercial buildings.
Some of the major companies in the drywall materials market are DAP Products, USG Corporation, ProForm, Plus 3, Sheetrock, Crack Patch, Westpac, Rapid Set, Kuiken Brothers, Proroc, DAP Products, Murco, Hyde, DRICore, Hamiltion.
The drywall materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drywall Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drywall Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drywall Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drywall Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drywall Materials Market Size & Forecast, 2018-2028
4.5.1 Drywall Materials Market Size and Y-o-Y Growth
4.5.2 Drywall Materials Market Absolute $ Opportunity
Chapter 5 Global Drywall Materials Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Drywall Materials Market Size Forecast by Type
5.2.1 Joint Compound
5.2.2 Drywall Accessories
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Drywall Materials Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Drywall Materials Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drywall Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drywall Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Drywall Materials Analysis and Forecast
9.1 Introduction
9.2 North America Drywall Materials Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Drywall Materials Market Size Forecast by Type
9.6.1 Joint Compound
9.6.2 Drywall Accessories
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Drywall Materials Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Drywall Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Drywall Materials Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Drywall Materials Market Size Forecast by Type
10.6.1 Joint Compound
10.6.2 Drywall Accessories
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Drywall Materials Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Drywall Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Drywall Materials Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Drywall Materials Market Size Forecast by Type
11.6.1 Joint Compound
11.6.2 Drywall Accessories
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Drywall Materials Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Drywall Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Drywall Materials Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Drywall Materials Market Size Forecast by Type
12.6.1 Joint Compound
12.6.2 Drywall Accessories
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Drywall Materials Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Drywall Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Drywall Materials Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Drywall Materials Market Size Forecast by Type
13.6.1 Joint Compound
13.6.2 Drywall Accessories
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Drywall Materials Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drywall Materials Market: Competitive Dashboard
14.2 Global Drywall Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DAP Products
14.3.2 USG Corporation
14.3.3 ProForm
14.3.4 Plus 3
14.3.5 Sheetrock
14.3.6 Crack Patch
14.3.7 Westpac
14.3.8 Rapid Set
14.3.9 Kuiken Brothers
14.3.10 Proroc
14.3.11 DAP Products
14.3.12 Murco
14.3.13 Hyde
14.3.14 DRICore
14.3.15 Hamiltion
