Gypsum Board Market - Forecast(2021 - 2026)
Gypsum Board Market Overview: Next Generation Construction Commodity- Gypsum boards, universally known as drywall, wall boards, plasterboard, gyprock or sheet rock are made up of calcined gypsum, water, paper for back and front parts of board, and a few additives. It has established immense scope of employment in the rapidly innovating and robustly growing construction industry. One of the prime aspects for its employment in commercial as well as residential infrastructures is epidemic inclination towards aesthetic appearance, which is a major catch for commercial avenues such as hotels and rental properties. As per the IndustryARC business intelligence report, the global gypsum board market is estimated to be growing at a CAGR of around 6% during the forecast period of 2019-2025 and its global market size was around $22 billion as of 2018. Gypsum Board Market Outlook: Rapid Construction at Low Cost- The future stance of gypsum board market can be determined with the statistic that