Brazil Gypsum Board Market Size & Outlook, 2023-2030
Brazil gypsum board market, 2018-2030 (US$M)
Related Markets
Brazil gypsum board market highlights
- The Brazil gypsum board market generated a revenue of USD 850.4 million in 2023 and is expected to reach USD 2,049.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 13.4% from 2024 to 2030.
- In terms of segment, wallboard was the largest revenue generating product in 2023.
- Pre-decorated Board is the most lucrative product segment registering the fastest growth during the forecast period.
Gypsum board market data book summary
| Market revenue in 2023 | USD 850.4 million |
| Market revenue in 2030 | USD 2,049.3 million |
| Growth rate | 13.4% (CAGR from 2023 to 2030) |
| Largest segment | Wallboard |
| Fastest growing segment | Pre-decorated Board |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wallboard, Ceiling Board, Pre-decorated Board, Other Products |
| Key market players worldwide | Knauf, Gypsemna, Global Mining Company, National Gypsum Company, Compagnie de Saint-Gobain SA, Holcim Ltd, Zawawi Group, BNBM, Eternit, United Mining Industries, Yoshino Gypsum |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.5% of the global gypsum board market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil gypsum board market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 1,821.1 million by 2030.
Wallboard was the largest segment with a revenue share of 49.95% in 2023. Horizon Databook has segmented the Brazil gypsum board market based on wallboard, ceiling board, pre-decorated board, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The growth in construction sector in Brazil was stagnant for the past few years on account of the restricted credit supply, rising economic recession, and declining demand from the residential and non-residential building segments.
In addition, the corruption scandal by Brazil’s Petrobras caused a negative impact on the major construction companies’ operation in the country by causing delay in several projects, triggering the sale of emergency assets and postponing the investments.
The deficiencies in the country’s existing infrastructure coupled with declining government intervention is projected to result in a market-friendly environment boosting the foreign and private investments by the acquisition of small and medium-scale players.
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Gypsum Board Market Scope
Gypsum Board Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil gypsum board market size, by product, 2018-2030 (US$M)
Brazil Gypsum Board Market Outlook Share, 2023 & 2030 (US$M)
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