Last edited 17 Dec 2020

Drywall and Building Plaster Market for the period 2015–2021

Drywalls are panels made of gypsum plaster pressed between thick sheets of paper. Drywalls are used for interior walls and ceilings in residential and non-residential buildings as a quicker alternative to traditional plaster and lath.

Increasing demand from construction activities in the U.S. and China is expected to drive demand for drywall and building plaster. After the economic turndown between 2008 to 2011 in the U.S. and Europe, the market is expected to revive in both regions. There is a significant increase in the repair and maintenance of residential building activities in the U.S. and Western Europe which is expected to drive demand for drywall and building plaster.

The drywall and building construction market can be segmented into two key end-user segments; residential construction and non-residential construction. Globally, the residential construction segment is projected to achieve faster growth due to increased demand for housing in urban areas across all regions. Non-residential construction activities are also increasing at an above average rate in emerging BRICS nations as well as in Middle East and Africa.

Demand from North America, especially the U.S. and Western Europe is projected to grow at high rate. Asia Pacific, Eastern Europe, Latin America, Middle East and Africa are projected to show above average demand growth due to increased residential construction activities. Drywall use is expected to increase in residential construction because of its rising popularity. However, the building plasters segment is expected to lose share due to the slower construction process and higher expense.

Some of the major manufacturers include BNBM (China), USG (US), Saint- Gobain (France), Knauf (Germany) and Etex (Belgium). These players account for nearly half of the global drywall and building plaster market supply.

Key points covered in the report:

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