China Gypsum Board Market Size & Outlook, 2023-2030
China gypsum board market, 2018-2030 (US$M)
Related Markets
China gypsum board market highlights
- The China gypsum board market generated a revenue of USD 10,031.5 million in 2023 and is expected to reach USD 24,176.5 million by 2030.
- The China 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 10,031.5 million |
| Market revenue in 2030 | USD 24,176.5 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, China accounted for 17.9% 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 Asia Pacific, China gypsum board market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,249.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Gypsum Board Market Scope
Gypsum Board Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China gypsum board market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gypsum board market will help companies and investors design strategic landscapes.
Wallboard was the largest segment with a revenue share of 51.09% in 2023. Horizon Databook has segmented the China 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.
China is expected to witness an increased demand for gypsum boards over the forecast period owing to the government's emphasis on reducing the overall energy consumption. The implementation of China’s 13th Five-Year Plan (2016-2020) for economic and social development aims to optimize the energy system, promote energy consumption reform, and build a clean, decarbonized, safe, & efficient modern energy system.
This plan is expected to encourage the consumption of energy-efficient products, thereby propelling the demand for gypsum boards in order to reduce the energy consumption of buildings by maintaining insulation. However, a slowdown in the economic growth of China is likely to lead to a reduction in construction activities, thereby restraining gypsum board market growth.
Growing urbanization in China is one of the primary factors boosting the growth of the construction sector and consequently the demand for gypsum boards. China has undergone a massive urbanization process that has transformed the country over the past decade.
Reasons to subscribe to China gypsum board market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China gypsum board market databook
-
Our clientele includes a mix of gypsum board market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China gypsum board market , including forecasts for subscribers. This country databook contains high-level insights into China gypsum board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China gypsum board market size, by product, 2018-2030 (US$M)
China Gypsum Board Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
