GCC Gypsum Board Market 2023: Size, Share, Price Trends, Growth till 2028 - Syndicated Analytics

GCC Gypsum Board Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028" provides a deep and thorough evaluation of the GCC gypsum board market based on its segments including product type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter's Five Forces models.

Report Metrics

Historical Year: 2017-2022
Base Year: 2022
Forecast Year: 2023-2028

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A gypsum board, also known as plasterboard, wallboard, or drywall, refers to a lightweight construction material comprising gypsum plaster pressed between thick paper sheets. They can be directly attached to metal framings, wood, existing surfaces, etc., using screws, nails, adhesives, etc. Gypsum boards are widely utilized in the partitions and linings of walls, ceilings, roofs, floors, etc. They offer sound control, versatility, quality, convenience, etc. Apart from this, the non-combustible cores of the gypsum boards make them preferable over hardboard, fiberboard, plywood, etc. As a result, gypsum boards are widely popular as efficient alternatives to traditional plaster and lath.

Note: The study incorporates COVID-19's direct market impact as well as the indirect effects of related industries on the GCC gypsum board market. These insights are regularly updated by the subject matter experts at Syndicated Analytics.

GCC Gypsum Board Industry Trends and Drivers:

The increasing demand for gypsum boards in construction and remodeling activities is primarily driving the GCC gypsum board market. Besides this, it is increasingly being adopted as a covering material for interior walls and ceilings and as a tile backer in wetting areas such as the bathroom, water closet, basement, kitchen, laundry, and utility rooms. This, in turn, is creating a positive outlook for the market. Moreover, the growing emphasis on using green building materials, such as gypsum board, that helps in sustainable construction is further stimulating market growth. Apart from this, the expansion of the real estate sector owing to rising urban migration is also augmenting the market for gypsum boards. Furthermore, the introduction of innovative products, such as sound-reducing gypsum boards, which contain a viscoelastic polymer middle layer between two specially formulated thin layers is expected to propel the GCC gypsum board market in the coming years.

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GCC Gypsum Board Market Segmentation:

The market is segmented in on the basis of product type, end use and region.

By Product Type:

Wallboard
Ceiling Board
Pre-decorated Board
Others

By End-Use:

Residential
Corporate
Commercial
Institutional

By Region:

Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain

The key regions covered in the market report are Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain. Moreover, the report also focuses on factors that strengthen revenue potential, demand, and consumption patterns in the market.

Competitive Landscape:

The report also provides insights on the competitive landscape of the GCC gypsum board industry with the leading players profiled in the report.

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Discover how this report can help boost your revenues:

Examine the current trends in the GCC gypsum board market to evaluate industry prospects

Analyze the present and future performance in established and emerging markets

Evaluate market dynamics and expansion opportunities

Investigate the economic and non-economic factors influencing market segments

Employ qualitative and quantitative market analysis to enhance data-driven decisions

Analyze how demand and supply factors influence industry growth at the regional and country level

Study the market competition as per Porter's five forces model

Gain insights to new product launches and growth strategies employed by market players

Capitalize on comprehensive profiles of major companies operating in the industry

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This release was published on openPR.