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SAN FRANCISCO , Sept. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Plasterboard - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 5; Released: April 2021 Executive Pool: 1824 Companies: 42 - Players covered include Ahlstrom-Munksjo; Armstrong World Industries, Inc.; Atiskan Gypsum Products Co.Inc.; AYHACO Gypsum Products Manufacturing; Beijing New Building Material (Group) Co., Ltd.; Boral Ltd.; Compagnie De Saint-Gobain SA; Etex SA; Fletcher Building Limited; Georgia-Pacific LLC; Gyprock; Gypsemna Co. LLC; Gypsum Management and Supply, Inc.; Gyptec Iberica; Jason Plasterboard Co.Ltd.; Knauf Gips KG; LafargeHolcim Ltd.; MADA Gypsum Company; National Gypsum Company; Siniat Ltd.; TAI SHAN GYPSUM CO. , LTD; Tanzania Gypsum Limited (Tanzania ); USG Corporation; Yoshino Gypsum Co., Ltd. and Others. Coverage: All major geographies and key segments Segments: End-use (Residential, Non-residential); Type (Standard, Fire-Resistant, Sound-insulated, Moisture-Resistant, Thermal, Other Types) Geographies: World; United States ; Canada ; Japan ; China ; Europe (France ; Germany ; Italy ; United Kingdom ; Spain ; Russia ; and Rest of Europe ); Asia-Pacific (Australia ; India ; South Korea ; and Rest of Asia-Pacific ); Latin America (Argentina ; Brazil ; Mexico ; and Rest of Latin America ); Middle East (Iran ; Israel ; Saudi Arabia ; United Arab Emirates ; and Rest of Middle East ); and Africa .
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Global Plasterboard Market to Reach $27.2 Billion by 2026 Amid the COVID-19 crisis, the global market for Plasterboard estimated at US$20.6 Billion in the year 2020, is projected to reach a revised size of US$27.2 Billion by 2026, growing at a CAGR of 4.5% over the analysis period. Standard, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fire-Resistant segment is readjusted to a revised 5.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.3 Billion in 2021, While China is Forecast to Reach $4.6 Billion by 2026 The Plasterboard market in the U.S. is estimated at US$6.3 Billion in the year 2021. China , the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2026 trailing a CAGR of 7.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 2.5% and 4.1% respectively over the analysis period. Within Europe , Germany is forecast to grow at approximately 2.8% CAGR.
Sound-insulated Segment to Reach US$4.6 Billion by the year 2026 In the global Sound-insulated segment, USA , Canada , Japan , China and Europe will drive the 3.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.8 Billion in the year 2020 will reach a projected size of US$3.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™ Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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