Market Overview:
The global wallboard market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global wallboard market can be attributed to the increasing demand for wallboards from residential, non-residential, and industrial applications. In terms of type, the mineral wool segment is expected to lead the global wallboard market during the forecast period. This can be attributed to its properties such as high thermal insulation and acoustic insulation values.
Product Definition:
Wallboard is a panel made out of gypsum plaster and encased in a thin sheet of paper. It is used to make walls and ceilings.
Mineral Wool:
Mineral wool is a type of mineral fiber that occurs in nature as well as can be manufactured from various raw materials. It has several unique properties which set it apart from other fibers including high thermal efficiency, low flammability and conductivity to heat, along with excellent sound absorption characteristics. These superior attributes have made mineral wool very popular for use in the construction industry for making wallboards which are then used to construct buildings and other structures.
Metal:
Metal is a material that has widespread application in the building and construction industry. It can be used as an exterior or interior wall covering depending on its texture, color, and shape. Metal walls offer high-end design options to architects & designers along with superior strength which makes them suitable for use in earthquake-prone areas of California, Oregon, Washington state etc.
The global metal wallboard market size was valued at USD 1.6 billion in 2016.
Application Insights:
The residential application segment accounted for the largest share of over 70.0% in 2017 and is projected to witness significant growth over the forecast period. Rapid urbanization coupled with rising disposable income has led to an increase in demand for housing structures, which, in turn, is expected to drive product demand.
Non-residential applications include commercial buildings and institutional facilities such as schools and colleges. Increasing construction activities across various regions are likely to boost market growth during the study period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising demand for non-residential buildings, such as hospitals and schools, is also likely to drive the regional market over the forecast period.
The growing industrial sector in Asia Pacific countries like China and India has led to an increase in manufacturing activities within these nations which has resulted into high product demand from residential applications owing to space saving features offered by wallboard panels. Furthermore, favorable government regulations aimed at promoting investments through FDI are projected favorably impact industry growth over the coming years.
North America accounted for a significant share of revenue generated by global wallboard industry due to presence of prominent players operating within U.S., including 3M Company; DuPont; Chemtura Corporation; Ecolab Inc.; Ciba Specialty Chemicals Group Ltd.
Growth Factors:
- Increasing demand from the construction sector as a result of growth in population and income levels.
- Rising demand for renovation and remodeling activities in developed countries.
- Growing use of wallboard in non-residential applications such as hospitals, schools, and office buildings.
- Technological advancements that have led to the development of new products with improved performance characteristics.
- Expansion of global trade leading to an increase in imports by developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Wallboard Market Research Report
By Type
Mineral Wool, Metal, Gypsum
By Application
Residential, Non-Residential, Industrial Applications
By Companies
USG Corporation, Merriam-Webster, Armstrong, Saint Gobain, ICL GROUP, Rockfon, Grenzebach, Knauf
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Wallboard Market Report Segments:
The global Wallboard market is segmented on the basis of:
Types
Mineral Wool, Metal, Gypsum
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, Non-Residential, Industrial Applications
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:
- USG Corporation
- Merriam-Webster
- Armstrong
- Saint Gobain
- ICL GROUP
- Rockfon
- Grenzebach
- Knauf
Highlights of The Wallboard 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:
- Mineral Wool
- Metal
- Gypsum
- By Application:
- Residential
- Non-Residential
- Industrial Applications
- 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 Wallboard 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?
Wallboard is a type of drywall that is made from sheets of gypsum plaster and lath. It is most commonly used in construction to cover walls and ceilings.
Some of the major players in the wallboard market are USG Corporation, Merriam-Webster, Armstrong, Saint Gobain, ICL GROUP, Rockfon, Grenzebach, Knauf.
The wallboard market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wallboard Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wallboard Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wallboard Market - Supply Chain
4.5. Global Wallboard Market Forecast
4.5.1. Wallboard Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wallboard Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wallboard Market Absolute $ Opportunity
5. Global Wallboard Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wallboard Market Size and Volume Forecast by Type
5.3.1. Mineral Wool
5.3.2. Metal
5.3.3. Gypsum
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wallboard Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wallboard Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Non-Residential
6.3.3. Industrial Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wallboard Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wallboard Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wallboard Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wallboard Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wallboard Demand Share Forecast, 2019-2026
9. North America Wallboard Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wallboard Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wallboard Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Non-Residential
9.4.3. Industrial Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wallboard Market Size and Volume Forecast by Type
9.7.1. Mineral Wool
9.7.2. Metal
9.7.3. Gypsum
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wallboard Demand Share Forecast, 2019-2026
10. Latin America Wallboard Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wallboard Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wallboard Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Non-Residential
10.4.3. Industrial Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wallboard Market Size and Volume Forecast by Type
10.7.1. Mineral Wool
10.7.2. Metal
10.7.3. Gypsum
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wallboard Demand Share Forecast, 2019-2026
11. Europe Wallboard Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wallboard Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wallboard Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Non-Residential
11.4.3. Industrial Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wallboard Market Size and Volume Forecast by Type
11.7.1. Mineral Wool
11.7.2. Metal
11.7.3. Gypsum
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wallboard Demand Share, 2019-2026
12. Asia Pacific Wallboard Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wallboard Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wallboard Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Non-Residential
12.4.3. Industrial Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wallboard Market Size and Volume Forecast by Type
12.7.1. Mineral Wool
12.7.2. Metal
12.7.3. Gypsum
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wallboard Demand Share, 2019-2026
13. Middle East & Africa Wallboard Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wallboard Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wallboard Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Non-Residential
13.4.3. Industrial Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wallboard Market Size and Volume Forecast by Type
13.7.1. Mineral Wool
13.7.2. Metal
13.7.3. Gypsum
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wallboard Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wallboard Market: Market Share Analysis
14.2. Wallboard Distributors and Customers
14.3. Wallboard Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. USG Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Merriam-Webster
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Armstrong
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Saint Gobain
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ICL GROUP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rockfon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grenzebach
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Knauf
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook