Drywall & Gypsum Board Market Growth 2023 Trends, SWOT Analysis, Top Vendors, Details Application, Review, Forecast 2030
The drywall & Gypsum Board Market is projected to be worth USD 45.09 billion by 2030, registering a CAGR of 5.95% during the forecast period (2022–2030). Drywall & Gypsum Board Market Growth are panel products, usually known as wallboards, sheetrock, and plasterboard, used to construct interior walls and ceilings. These panel products serve as excellent fire-resistant building materials by offering several advantages such as sound isolation, durability, and ease of installation. Market Dynamics Increased acceptance of drywall and gypsum board as an alternative to plywood, hardboard, and fiberboard due to its unique properties such as lightweight, convenience to transport, non-combustible core, and long durability are some of the key factors predicted to fuel the growth of the global market over the forecast period. In addition, a growing emphasis on R&D activities related to the cost reduction of installation and product innovation in order to improve the aesthetics of...