Global Gypsum Fiber Board Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Gypsum Fiber Board Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Gypsum fiberboard is a new type of wallboard material made of building gypsum powder as the base material and various fibers as reinforcing materials. It is mainly used for building interior partition walls and interior decoration.

Market Overview:

The latest research study on the global Gypsum Fiber Board market finds that the global Gypsum Fiber Board market reached a value of USD 1845.39 million in 2022. It’s expected that the market will achieve USD 2135.99 million by 2028, exhibiting a CAGR of 2.47% during the forecast period.

Short-term negative impact

The sudden onset of the COVID-19 pandemic, which has resulted in strict lockdown regulations in many countries, has disrupted the import and export of Gypsum Fiber Board. COVID-19 can affect the global economy in three main ways: directly affecting production and demand, causing supply chain and market disruptions, and financially affecting companies and financial markets. The outbreak of the COVID-19 pandemic has severely impacted the Gypsum Fiber Board industry. Disruptions in raw material supply chains due to national lockdowns have put pressure on industry product supply. Gypsum Fiber Board has a high demand for diversified distribution channels. The convenience of distribution channels requires smooth logistics and flexible distributors. However, the pandemic has hit logistics hard, severely impacting the speed of turnaround. Factors such as labor shortages and increased raw material costs will increase production costs and risks. At the same time, under the impact of the capital market, investor confidence has been frustrated, and corporate financing has become more difficult. During the COVID-19 outbreak, market closures and supply chain disruptions have led to weak growth in industrial output and a drop in light industrial output. Meanwhile, the real estate sector has been hit hard, with many construction plans on hold.
The Europe Gypsum Fiber Board market is restrained by the pandemic due to shortage of labor, underutilization of production capacity, restrictions on supply chain, slowdown of trade movement, and a decline in construction activities across the region. The COVID-19 pandemic has adversely affected the construction industry across the region owing to decreased spending of consumers for construction and renovation activities, which is eventually hindering the growth of gypsum market across the region. Moreover, the market was impacted during the first wave of the outbreak, particularly in terms of temporary Furthermore, many companies in the market are impacted negatively in terms of manufacturing processes, sales, shipping, and customer support services, which has adversely affected the market across Europe.

Long-term recovery

Further, with the economic planning to revive the operations, the demand for gypsum is expected to rise across the world in the coming years. As a majority of the population got vaccinated in Europe, the impact of COVID-19 outbreak is expected to drop down in future. Additionally, encouraging policies and activities by the European Union to promote green buildings and the UK government’s Ten Point Plan for Green Industrial Revolution plan would boost the growth of the construction sector across the region in coming years, which would drive the growth of Europe Gypsum Fiber Board market during the forecast period.

Advantages of Gypsum Fiber Board

Gypsum boards/paper-surfaced gypsum boards have problems such as insufficient mechanical strength, fragility, moisture absorption deformation, and easy cracking. Most of them can only be used as interior decoration materials, which restricts the use of such boards in building structures such as walls and floors. Researchers at home and abroad have considered using glass fibers, plant fibers, etc. as reinforcing materials to strengthen gypsum products. Compared with traditional gypsum board, Gypsum Fiber Board not only improves its mechanical strength, but also significantly improves its fire resistance, water resistance, plasticity and scope of application. High quality, anti-aging and anti-cracking, strong nail holding force, stable and non-deformation, good processing performance, green and environmental protection, etc., fill the gap of traditional gypsum board in wall and floor applications. Gypsum Fiber Board is mainly used for building partition walls and interior decoration. It has the following advantages in performance: good thermal insulation and sound insulation; lightweight; easy construction; easy to use flexibly; novel and beautiful decoration; energy saving and environmental protection and adjustable indoor humidity, etc., the material is a new type of building board with great development potential, which will drive the industry forward.

European building renovation needs

Refurbishing the EU building stock will increase energy efficiency while driving the clean energy transition. Refurbishment of public and private buildings is an essential action and is singled out in the European Green Deal as a key initiative to drive energy efficiency and meet targets in the industry. To pursue this dual ambition of energy gains and economic growth, in 2020 the Commission published the strategy A Renovation Wave for Europe – Greening our buildings, creating jobs, improving lives to boost renovation in the EU. Create opportunities for the development of Gypsum Fiber Board.

Development of prefabricated buildings

The European Union (EU-27) targets buildings' decarbonization by 2050, and prefabrication presents an opportunity to reduce buildings and construction sector impacts. With the development of prefabricated buildings, the utilization rate of gypsum board in walls is expected to increase. Gypsum board can make up for the lack of fireproof performance of wooden structures, and at the same time adjust outdoor humidity and increase the insect resistance of wooden structures, and it works well with wooden structures. As a new type of wall material, gypsum board will greatly increase its United Statesge rate in the future with the development of prefabricated buildings.

Region Overview:

Geographically, United States held the largest market share – 47.82% in 2022.

Company Overview:

Fermacell is one of the major players operating in the Gypsum Fiber Board market, holding a share of 23.22% in 2023.

Fermacell

Fermacell GmbH produces and distributes high-quality building materials for the dry lining boards market. In Germany fermacell is the market leader with gypsum fibreboards. With a high-sturdy brand awareness fermacell stands for gypsum fibre boards and cementitious boards.

Knauf (USG)

Knauf is one of the world's leading manufacturers of modern insulation materials, drylining systems, plasters and accessories, thermal insulation composite systems, paints, floor screed, floor systems, and construction equipment and tools. USG Corporation manufactures and distributes building materials. The Company produces a wide range of products for use in new residential, non-residential, and repair and remodel construction, as well as products used in certain industrial processes.

Segmentation Overview:

Among different product types, Glass Fiber Reinforced Gypsum segment is anticipated to contribute the largest market share in 2028.

Glass Fiber Reinforced Gypsum

Glass Fiber Reinforced Gypsum (GFRG) consists of high strength resistant glass fibers bonded with high density Alpha based gypsum cement to produce panels that traditionally were done with plaster castings. These construction panels are made of gypsum plaster, which is calcined and then reinforced with glass fibers.

Wood Fiber gypsum board

Wood fiber gypsum board is a gypsum board made of building gypsum as the main raw material, wood fiber as a reinforcing material, and adding certain auxiliary materials, through mixing molding, coagulation and hardening, cutting and drying. Wood fiber is pulverized wood to form wood chips.

Application Overview:

By application, the Roof segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Gypsum Fiber Board market covered in Chapter 3:

National
Saint Gobain
CNBM
Georgia-Pacific
Fermacell
Knauf (USG)
Shanghai Chuncui Decoration Material
PABCO
Heng Shenglong

In Chapter 4 and Chapter 14.2, on the basis of types, the Gypsum Fiber Board market from 2018 to 2029 is primarily split into:

Glass Fiber Reinforced Gypsum
Wood Fiber gypsum board
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Gypsum Fiber Board market from 2018 to 2029 covers:

Wall
Roof
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)