GypsumFiber Board Global Market Size Forecast Top 8 Playe - California - Los Angeles ID1550087

Gypsum-fiber board, also known as gypsum-fiber reinforced gypsum board or simply fiber reinforced gypsum board, is a type of building material that is used for construction purposes. It is made by combining gypsum (a naturally occurring mineral) with cellulose fibers, water, and other additives. The resulting board has enhanced strength and durability, thanks to the reinforcing fibers. Gypsum-fiber board is commonly used for interior wall and ceiling applications in both residential and commercial buildings.

According to the new market research report “Global Gypsum-Fiber Board Market Report 2023-2029”, published by QYResearch, the global Gypsum-Fiber Board market size is projected to reach USD 4.56 billion by 2029, at a CAGR of 9.1% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Gypsum-Fiber Board include Knauf, Saint-Gobain, Fermacell, Georgia-Pacific, National Gypsum, Taishan Gypsum, Hengshenglong, Yingchuang, etc.

In 2022, the global top five players had a share approximately 83.0% in terms of revenue. Above figure shows the key players ranked by revenue in Gypsum-Fiber Board.

Market Drivers:

1. Growing construction industry: Gypsum-fiber boards are widely used in construction projects for their versatility, ease of installation, and performance characteristics, which has led to increased demand.

2. Increasing awareness of green building practices:Gypsum-fiber boards are considered more eco-friendly compared to some other building materials. They are made from natural gypsum, a readily available mineral, and cellulose fibers from recycled paper, making them a greener choice.

Restraint:

1. Volatility in gypsum prices: Gypsum, a primary ingredient in gypsum-fiber boards, is subject to price fluctuations in the market. Factors such as mining regulations, supply-demand dynamics, and natural disasters can impact gypsum availability and drive up its cost.

2. Availability and cost of cellulose fibers:The availability and cost of these cellulose fibers can be influenced by factors like recycling rates, pulp and paper industry dynamics, and overall demand for recycled materials.

3. Substitution by alternative materials: While gypsum-fiber boards offer many advantages, there are alternative materials available in the market for different construction applications.

Opportunity:

1. Increasing demand for sustainable construction materials: The growing emphasis on sustainability and green building practices has created a favorable environment for gypsum-fiber boards.

2. Construction industry growth: The construction industry plays a major role in driving the demand for gypsum-fiber boards.

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