SAN FRANCISCO, November 27, 2018
Growing need for durable and easy to install building materials attributed to rise in construction activities can propel demand for gypsum boards. These boards are likely to offer unique inherent properties over conventional building materials like fiberboard, plywood, and hard board.
New Gypsum Board to Offer Fire Protection
Major product-variants of gypsum boards are ceiling board, wallboard, pre-decorated board, and others. In the coming years, ceiling board segment is estimated grow fast owing to increasing use in ceiling panels. Gypsum ceiling boards can provide better thermal and sound insulation in buildings at lower cost. Increasing number of construction activities demanding aesthetic ceiling panels can augment product demand. In addition, inherent characteristics like structural integrity, fire resistance, light weight, and shear resistance can propel demand for ceiling boards in construction activities.
To cater to rising demand, most companies are likely to invest in R&D activities to develop new and innovative products. For instance, Gyprock recently launched paperless gypsum board named Glasroc F. This board can offer high-quality fire protection for beams and structural steel columns. It can provide 120 minutes of fire protection attributed to reinforcement of material with glass fiber tissue on both sides. In addition, core is also expected to be reinforced with glass fiber rovings and paper pulp. The board consists of 21% chemically combined water and 79% calcium sulphate. When board gets exposed to fire, it is the chemically combined water that prevents damage.
Market Insights
The global gypsum board market is anticipated to reach USD 79.17 billion by 2025, according to a report by Grand View Research, Inc. Growing number of rural population migrating to urban areas and demanding residential accommodation can drive growth of market over the forecast period. Increasing disposable income and improving standard of living can fuel market expansion in the forthcoming years. Growing demand for advanced residential and commercial infrastructure facilities can drive demand for gypsum boards in coming future. Rising investments in construction sector by governments, private companies, and foreign corporates can propel growth of market. Growth of industrialization in developing countries boosting construction activities can further stimulate market growth during the forecast period (2014 to 2025).
Some of the leading companies operating in the gypsum board market are Gypsemna, Lafarge, Saint Gobain Gyproc, Knauf Dubai, and Global Mining Company LLC.
Growing need for durable and easy to install building materials attributed to rise in construction activities can propel demand for gypsum boards. These boards are likely to offer unique inherent properties over conventional building materials like fiberboard, plywood, and hard board.
New Gypsum Board to Offer Fire Protection
Major product-variants of gypsum boards are ceiling board, wallboard, pre-decorated board, and others. In the coming years, ceiling board segment is estimated grow fast owing to increasing use in ceiling panels. Gypsum ceiling boards can provide better thermal and sound insulation in buildings at lower cost. Increasing number of construction activities demanding aesthetic ceiling panels can augment product demand. In addition, inherent characteristics like structural integrity, fire resistance, light weight, and shear resistance can propel demand for ceiling boards in construction activities.
To cater to rising demand, most companies are likely to invest in R&D activities to develop new and innovative products. For instance, Gyprock recently launched paperless gypsum board named Glasroc F. This board can offer high-quality fire protection for beams and structural steel columns. It can provide 120 minutes of fire protection attributed to reinforcement of material with glass fiber tissue on both sides. In addition, core is also expected to be reinforced with glass fiber rovings and paper pulp. The board consists of 21% chemically combined water and 79% calcium sulphate. When board gets exposed to fire, it is the chemically combined water that prevents damage.
Market Insights
The global gypsum board market is anticipated to reach USD 79.17 billion by 2025, according to a report by Grand View Research, Inc. Growing number of rural population migrating to urban areas and demanding residential accommodation can drive growth of market over the forecast period. Increasing disposable income and improving standard of living can fuel market expansion in the forthcoming years. Growing demand for advanced residential and commercial infrastructure facilities can drive demand for gypsum boards in coming future. Rising investments in construction sector by governments, private companies, and foreign corporates can propel growth of market. Growth of industrialization in developing countries boosting construction activities can further stimulate market growth during the forecast period (2014 to 2025).
Some of the leading companies operating in the gypsum board market are Gypsemna, Lafarge, Saint Gobain Gyproc, Knauf Dubai, and Global Mining Company LLC.
3 comments:
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