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Gypsum Panel Market Set to Reach US$ 98.06 Billion by 2030, Growing at a CAGR of 11.3%
Summary: The Gypsum Panel Market is projected to reach a market size of US$ 98.06 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.3% from 2024 to 2030. This growth is attributed to increasing construction activities, demand for energy-efficient buildings, and the rising preference for lightweight and sustainable building materials. The market is expected to witness significant advancements in gypsum board technologies and applications across residential, commercial, and industrial sectors.
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Market Size and Forecast: The global Gypsum Panel Market was valued at USD 56.9 billion in 2023. With continuous developments in building technologies and increased demand for environmentally friendly construction materials, the market is expected to achieve a market size of USD 98.06 billion by 2030, growing at a CAGR of 11.3%.
Scope and Research Methodology: The report delivers a comprehensive analysis of the Gypsum Panel Market, utilizing both qualitative and quantitative research methods. By employing a combination of top-down and bottom-up approaches, the study calculates market statistics and forecasts for various segments. This research draws upon primary sources, including expert interviews and industry leaders, as well as secondary data from annual reports, press releases, and market surveys. The market segmentation and forecasts are verified with robust data triangulation techniques.
Report Coverage:
Overview: The Gypsum Panel Market consists of products such as pre-decorated boards, wallboards, and ceiling boards, which are primarily used in construction for both residential and commercial applications. The market is seeing rapid growth due to the increasing need for fire-resistant, durable, and cost-effective building materials in the construction industry.
Dynamics Driving the Market:
Segmentation:
Key Players in the Gypsum Panel Market:
Reason to Buy:
Table of Contents:
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About Us: Maximize Market Research is a global market research and consulting firm that provides cutting-edge analysis and actionable insights across a range of industries. We work closely with our clients to understand their business challenges and deliver data-driven strategies that foster growth and success. Our expertise spans industries such as chemicals, IT and telecom, healthcare, aerospace, and more.
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