Wood fibers are derived from the manufacturing line of MDF ranging from 2 to 4 mm. Advantages in using wood-fiber gypsum board include ease of installation, fire resistance, sound isolation, durability, economy, and versatility. Technically put, the wood-fiber gypsum board is also named as wallboard, drywall, and plasterboard. It is much different from other panel-type building products, such as plywood, hardboard, and fiberboard.
Market Data Analysis:
The global Wood-fiber Gypsum Board market is expected to increase from USD 27,911 million in 2019 to USD 53,429 million by 2026, registering a CAGR of 9.72% from 2019 to 2026.
The rise in the use of wood-fiber gypsum for the construction sector is propelling the growth of the Wood-fiber Gypsum Board market. Moreover, the need for innovative roof techniques in commercial spaces is also projected to stimulate this market’s growth.
North America is the global market leader at a share of 32.69%. Asia-Pacific is currently leading Europe with a share of 28.55% and 27.46%. The Asia Pacific market is expected to grow at a significant compound annual growth rate during the forecast period.
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Market Classification:
Global Wood-Fiber Gypsum Board market: Type segments
• <6 mm
• 6-10 mm
• 12-16 mm
• >16 mm
Global Wood-Fiber Gypsum Board market: Application segments
• For Walls
• For Roofing
Global Wood-Fiber Gypsum Board market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Wood-Fiber Gypsum Board market, including USG Corporation, Georgia-Pacific Gypsum, BP Ceiling Products, NICHIHA, IB Roof Systems, Shandong Heng Shenglong Building Material, etc. These participants have adopted various growth strategies to meet the growing demand for Wood-Fiber Gypsum Board market and to increase their market share.
Wood-Fiber Gypsum Board Market Intended Audience:
l Wood-Fiber Gypsum Board manufacturers
l Wood-Fiber Gypsum Board importers and exporters
l Wood-Fiber Gypsum Board traders, distributors, and suppliers
l Raw material suppliers of Wood-Fiber Gypsum Board
l Wood-Fiber Gypsum Board industry associations
l Product managers, Wood-Fiber Gypsum Board industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
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