Latest News- Plasterboard Market in APAC: Square-edged is expected to lead the Type segment during 2025-2029

The Plasterboard Market in APAC is being driven by Rapid urbanization coupled with rise in construction activities

The Plasterboard Market in APAC is expected to grow at a CAGR of 10.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6989.9 million. In the APAC region, plasterboard manufacturers are prioritizing technological advancements and product enhancements to cater to evolving customer preferences. With increasing competition among global and local players, there is a growing focus on producing innovative and superior quality plasterboards. Key features of these products include superior breaking strength, crisp edges ensuring cleaner cuts, and ease of lifting, which are essential for enhancing aesthetic appeal and improving user experience in residential ceiling lining applications. Additionally, Compagnie de Saint-Gobain's Duo Tech plasterboard offers unique acoustic performance and minimal space requirements, making it a preferred choice for architects and builders. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Square-edged
  • Tapered-edged
• End-user
  • Residential
  • Non-residential
• Product Type
  • Fire-resistant plasterboard
  • Fire-resistant plasterboard
  • Others
• Geography
  • APAC
    • China
    • Japan
    • South Korea

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rapid urbanization coupled with rise in construction activities
• Expansion of retail landscape
• Popularity of dry construction techniques

However, the market also witnesses some limitations, which are as follows:

• Volatility in raw material prices and presence of various local companies
• Stringent regulations associated with plasterboard
• High competition from alternative products

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Market Scope in Plasterboard Market in APAC Research Report

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Research Analysis Overview

The Plasterboard market in APAC is driven by building projects, particularly in residential construction. However, the lack of awareness about Plasterboard Fluidizers and their benefits hinders growth. Raw materials, such as gypsum, and labor are key factors in production. Waste plasterboard and aging population are challenges. Lightweight plasterboards, building permits, and infrastructure investments are growth drivers. Urbanization, social housing, and shantytown upgrades also boost demand. Acoustic weakening and additives impact weight and strength. Drywall, Gypsum board, and Gypsum panel are industry terms. The Construction and Infrastructure sectors are major consumers.

Market Research Overview

The Plasterboard market in APAC is a significant segment of the global building products industry, encompassing the production of plasterboards and associated Fluidizers. Manufacturers of these products contribute to the market size, which is calculated based on combined revenues. The market's expansion is driven by the thriving construction sector, particularly in developing economies where there is a pressing need to address urbanization and healthcare infrastructure development through residential and public building projects. However, factors such as a lack of awareness regarding the benefits of plasterboards and the generation of waste plasterboard may pose challenges. Lightweight plasterboards, a key innovation, offer potential solutions to mitigate these issues and contribute to the market's growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/