Gypsum Board Market Growth Analysis & Trends Forecast by
Regions to 2025
“The Global Gypsum Board Market is expected to reach USD 79.17 billion by
2025, according to a new report by Hexa Reports. Rapid economic growth in
Asia Pacific and GCC countries has led to tremendous increase in migration
of rural population to urban areas.”
The Global Gypsum Board Market is expected to reach USD 79.17 billion by 2025, according to a new report
by Hexa Reports. Rapid economic growth in Asia Pacific and GCC countries has led to tremendous increase in
migration of rural population to urban areas, thereby spurring plasterboard demand for residential
accommodation.
High purchasing and borrowing power, easy availability of housing finances along with increasing number of
dual income families are some key factors driving construction industry growth. The Saudi Arabian
government has taken various measures in 2016 in order to address affordable housing needs of middle
income families. The ministry plans to provide over 2,33,651 residential units through 187 housing projects in
its pipeline. These factors are positively influencing gypsum board market growth across the region.
Pre-decorated boards are gaining wide acceptance in various construction projects owing to their low
maintenance and easy installation properties which makes them cost and time effective. Growing focus
towards environmentally sustainable green building construction materials, which reduces overall overhead
expenses has boosted industry growth.
Browse Detail Report With TOC @ https://www.hexareports.com/report/gypsum-board-market
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