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Plasterboard market set to reach US$ 23.85 billion by 2021 growing at 5.7% CAGR made available by top research firm

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The plasterboard market size estimated to grow from USD 18.07 Billion in 2017 to USD 23.85 Billion by 2023, at a CAGR of 5.7% from 2017 to 2023. Base year considered for study is 2015 & market size projected from 2017 to 2023. Report aims at estimating market size & future growth potential of plasterboard market across different segments like type, form, end-use sector, & region.

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The standard plasterboard segment dominated the plasterboard market in 2015 and is projected to retain the leading position through 2021. Standard wallboard is the most commonly used plasterboard and comes in different sizes.

This type of plasterboard is expected to witness a higher growth in the emerging Asia-Pacific, Latin American, and Middle Eastern& African regions than in the developed regions.

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The global market for plasterboard is dominated by major players of the plasterboard industry, which include Armstrong World Industries Inc. (U.S.), Etex Group (Belgium), Saint-Gobain S.A. (France), Gypsum Management and Supply, Inc. (U.S.), USG Corporation (U.S.), Georgia Pacific LLC (U.S.), Boral Limited (Australia), KNAUF Gips KG (Germany), Fletcher Building Limited (New Zealand), LafargeHolcim Ltd. (Switzerland), and National Gypsum Company (U.S.). Other players in the plasterboard market include Mada Gypsum Company (Saudi Arabia), Beijing New Building Material Group (China), Gypsemna (UAE), Gyprock (Australia), Siniat Ltd (U.K.), Ayhaco Gypsum Products (UAE), Ahlstrom Corporation (Finland), Tai Shah Gypsum Co. (China), Yoshino Gypsum Co., Ltd. (Japan), Tanzania Gypsum Limited (Tanzania), Atiskan Gypsum Products Co Inc. (Turkey), Jason Plasterboard Co. Ltd. (China), and Gyptec Iberica (Portugal).

Target Audience of Plasterboard Market are Gypsum manufacturers, Plasterboard manufacturers, Plasterboard traders/distributers/suppliers, Manufacturers of raw materials, Architects & engineers, Regulatory bodies, Research organizations, Association and industry bodies, Interior designers, End consumers, Market research and consulting firms.

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The plasterboard market has been segmented into two forms, namely, tapered-edged and square-edged. The tapered-edged plasterboard led the demand for plasterboard in 2015 and is projected to grow at a higher CAGR from 2017 to 2023.

This growth can be attributed to the easy and quick installation of tapered-edged plasterboard. Developed countries have a higher demand for tapered-edged plasterboard compared to that of developing countries.

The report provides the comprehensive glance of the plasterboard market on the global and regional level. The study provides historic data from 2017 to 2023 along with a forecast from 2018 to 2024 based on revenue and volume.

The study includes major driving forces and restraints for the plasterboard market along with the impact they have on the demand over the forecast period. Furthermore, the study also provides the major avenues of global plasterboard market.

The study provides a significant view of the global plasterboard market by classifying it into form, type, end-user industry, and region segmentation. These segments have been estimated and forecasted with the future and past trends.

On the basis of form, the market has been segmented into square-edged and tapered-edged. The key types of the plasterboard have been segmented into standard, fire resistant, sound insulated, moisture resistant, thermal, specialist, impact resistant, triple low end, and gas filled.

The key end-user industry in the report has been segmented into residential and nonresidential.

Connect for More Details for More Information “Plasterboard Market by Type (Standard, Fire-Resistant, Sound-insulated, Moisture-Resistant, Thermal, Specialist, Impact-Resistant), Form (Tapered-Edged and Square-Edged), End-Use Sector, and Region - Global Forecast to 2021” report @ www.rnrmarketresearch.com/contacts…ying?rname=375742 .

Asia-Pacific region projected to register highest CAGR globally, between 2016 and 2021. China was largest market for plasterboard in Asia-Pacific region, in 2015.

Chinese market projected to grow at highest CAGR during forecast period. Growth of construction activities in region and population in China, Indonesia, and India are driving growth of Asia-Pacific plasterboard market.

Primary objective of study to define, segment, & project global plasterboard market on basis of type, form, end-use sector, and region. Study also aims at strategically analyzing micro markets with respect to individual growth trends, future prospects, and their contribution to total market.

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