Market Overview:
The global mineral-based backer board market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for backer boards in construction applications, especially in walls and ceilings, tile kitchen countertops, kitchen backsplashes, and flooring. In terms of type, the 1/4†board segment is expected to lead the global mineral-based backer board market during the forecast period due to its low cost and easy installation. However, with advancements in technology and growing demand for better aesthetics in construction applications, the 1/2†board segment is projected to grow at a higher CAGR than other segments during the forecast period. Regionally, North America is estimated to account for a major share of the global mineral-based backer board market in 2018 followed by Europe and Asia Pacific.
Product Definition:
A mineral-based backer board is a panel made of an inert, inorganic material such as concrete, gypsum, or plastic used as a backing for tile or other finishes. Mineral-based backer boards are important because they provide a smooth surface for finished materials and protect the underlying substrate from moisture and damage.
1/4†Board:
1/4" Board, also known as 1/4" mineral-based board or 1/4" MMB is a type of solidifier for epoxy resins. It helps in increasing the strength and thermal stability of the final product. The most commonly used resin systems are phenolic resins and urethane-based resins.
1/2†Board:
1/2" Board is a type of solid core, fiberboard-based backing material that is used in the construction of walls, floors, and roofs. It offers high strength and durability along with easy installation. 1/2" Board also provides for water resistance which makes it suitable to be used as a roofing board in buildings.
Application Insights:
The walls and ceilings application segment led the market in 2017. Mineral-based backer boards are widely used in drywall installation for both new as well as old buildings. The product helps reduce noise transmission through the wall, thereby enhancing the acoustic quality of a room. It is also used to create a smooth finish on walls, thereby creating an attractive ambiance.
Mineral-based backer boards are durable and help prevent mold or bacteria growth from seepage of moisture into cracks between the stones or joints in stone masonry units (SMUs). They can be easily installed over existing drywall without any damage to it; this feature alone is likely to drive their demand over the forecast period.
Ceiling tiles application segment was valued at USD 685 million in 2017 owing to increasing use of SMBs for residential & commercial construction across regions including North America and Europe Pacific countries such as China Japan Australia etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing mineral-based backer board production capacity in China, Japan, India, and South Korea. The region has a competitive edge over other regions on account of low raw material cost coupled with high demand for bathroom walls and kitchen backsplashes from developing countries including China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam Myanmar (Burma) and Bangladesh.
The growing construction industry due to rapid urbanization along with rising population in Asia Pacific is anticipated to drive product demand further. In addition government initiatives such as “Housing for All†program by 2022 are expected to boost spending on residential construction which will result into increased product utilization over the next eight years.
Growth Factors:
- Increasing demand from construction and renovation industry for lightweight yet strong building materials
- Rising awareness about the benefits of mineral-based backer boards among architects, builders, and homeowners
- Growing popularity of green construction practices that favor sustainable building materials
- Proliferation of DIY home improvement projects that require backer boards for various applications
- Technological advancements that result in better quality and performance of mineral-based backer boards
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral-Based Backer Board Market Research Report
By Type
1/4” Board, 1/2” Board, Others
By Application
Walls And Ceilings, Tile Kitchen Countertops, Kitchen Backsplashes, Flooring
By Companies
James Hardie, Wedi, Georgia Pacific, Johns Manville, USG Corporation, Cembrit, CertainTeed, National Gypsum, Schluter, Multi-Panels, Tortuga
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Mineral-Based Backer Board Market Report Segments:
The global Mineral-Based Backer Board market is segmented on the basis of:
Types
1/4” Board, 1/2” Board, Others
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
Walls And Ceilings, Tile Kitchen Countertops, Kitchen Backsplashes, Flooring
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:
- James Hardie
- Wedi
- Georgia Pacific
- Johns Manville
- USG Corporation
- Cembrit
- CertainTeed
- National Gypsum
- Schluter
- Multi-Panels
- Tortuga
Highlights of The Mineral-Based Backer Board 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:
- 1/4” Board
- 1/2” Board
- Others
- By Application:
- Walls And Ceilings
- Tile Kitchen Countertops
- Kitchen Backsplashes
- Flooring
- 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 Mineral-Based Backer Board 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
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- Consumer Insights
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- Product & Brand Management
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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?
Mineral-based backer board is a type of backer board made from natural mineral materials such as quartz, feldspar, and mica. These materials are inert and non-toxic, making them a safe option for use in both indoor and outdoor applications. Mineral-based backer boards are often less expensive than other types of backer boards, making them an affordable option for smaller projects.
Some of the key players operating in the mineral-based backer board market are James Hardie, Wedi, Georgia Pacific, Johns Manville, USG Corporation, Cembrit, CertainTeed, National Gypsum, Schluter, Multi-Panels, Tortuga.
The mineral-based backer board 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 Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mineral-Based Backer Board 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 Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Size & Forecast, 2018-2028
4.5.1 Mineral-Based Backer Board Market Size and Y-o-Y Growth
4.5.2 Mineral-Based Backer Board Market Absolute $ Opportunity
Chapter 5 Global Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Size Forecast by Type
5.2.1 1/4” Board
5.2.2 1/2” Board
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Size Forecast by Applications
6.2.1 Walls And Ceilings
6.2.2 Tile Kitchen Countertops
6.2.3 Kitchen Backsplashes
6.2.4 Flooring
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mineral-Based Backer Board 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 Mineral-Based Backer Board 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 Mineral-Based Backer Board Analysis and Forecast
9.1 Introduction
9.2 North America Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Size Forecast by Type
9.6.1 1/4” Board
9.6.2 1/2” Board
9.6.3 Others
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 Mineral-Based Backer Board Market Size Forecast by Applications
9.10.1 Walls And Ceilings
9.10.2 Tile Kitchen Countertops
9.10.3 Kitchen Backsplashes
9.10.4 Flooring
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 Mineral-Based Backer Board Analysis and Forecast
10.1 Introduction
10.2 Europe Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Size Forecast by Type
10.6.1 1/4” Board
10.6.2 1/2” Board
10.6.3 Others
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 Mineral-Based Backer Board Market Size Forecast by Applications
10.10.1 Walls And Ceilings
10.10.2 Tile Kitchen Countertops
10.10.3 Kitchen Backsplashes
10.10.4 Flooring
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 Mineral-Based Backer Board Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Size Forecast by Type
11.6.1 1/4” Board
11.6.2 1/2” Board
11.6.3 Others
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 Mineral-Based Backer Board Market Size Forecast by Applications
11.10.1 Walls And Ceilings
11.10.2 Tile Kitchen Countertops
11.10.3 Kitchen Backsplashes
11.10.4 Flooring
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 Mineral-Based Backer Board Analysis and Forecast
12.1 Introduction
12.2 Latin America Mineral-Based Backer Board 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 Mineral-Based Backer Board Market Size Forecast by Type
12.6.1 1/4” Board
12.6.2 1/2” Board
12.6.3 Others
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 Mineral-Based Backer Board Market Size Forecast by Applications
12.10.1 Walls And Ceilings
12.10.2 Tile Kitchen Countertops
12.10.3 Kitchen Backsplashes
12.10.4 Flooring
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) Mineral-Based Backer Board Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mineral-Based Backer Board 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) Mineral-Based Backer Board Market Size Forecast by Type
13.6.1 1/4” Board
13.6.2 1/2” Board
13.6.3 Others
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) Mineral-Based Backer Board Market Size Forecast by Applications
13.10.1 Walls And Ceilings
13.10.2 Tile Kitchen Countertops
13.10.3 Kitchen Backsplashes
13.10.4 Flooring
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 Mineral-Based Backer Board Market: Competitive Dashboard
14.2 Global Mineral-Based Backer Board Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 James Hardie
14.3.2 Wedi
14.3.3 Georgia Pacific
14.3.4 Johns Manville
14.3.5 USG Corporation
14.3.6 Cembrit
14.3.7 CertainTeed
14.3.8 National Gypsum
14.3.9 Schluter
14.3.10 Multi-Panels
14.3.11 Tortuga
