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- * Market Segmentation
- * Key Findings
- * Research Scope
- * Table of Content
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- * Report Methodology
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Wood-Fiber Gypsum Board Market Size, Share, Growth, and Industry Analysis by Type (<6mm, 6-10 mm, 12-16 mm & >16 mm), By Application (For Walls & For Roofing) Regional Forecast From 2025 To 2033
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WOOD-FIBER GYPSUM BOARD MARKET OVERVIEW
The global Wood-Fiber Gypsum Board Market was valued at USD 44.93 billion in 2024 and is projected to reach USD 49.28 billion in 2025, steadily progressing to USD 103.2 billion by 2033, with a CAGR of 9.68% from 2025 to 2033.
Gypsum board that uses wood fibers as reinforcement is called wood-fiber gypsum board. The gypsum core contains wood fibers that have been embedded before being covered in a facing. When compared to conventional gypsum board products, Wood-Fiber Gypsum Board has superior fire resistance, sound insulation, and moisture resistance properties. It has a variety of part types, such as 6mm and 10mm parts, among others. The portion of gypsum board that has been through a thickness planer and whose nominal dimensions are less than 6 mm is classified as being below 6 mm.
Depending on the size it serves in different end-use industries, it is also known as mini-gypsum or micro-gypsum. Gypsum board used in walls and ceilings has a thickness of 6 to 10 mm and is made of wood fiber. Gypsum board, a type of fireproof wallboard, is 12–16 mm thick. It is constructed from gypsum, paper, and wood fiber. Building interior walls and ceilings are lined with it. Gypsum boards measuring 16 mm are employed for a variety of projects, including ceilings and walls. They are fire resistant and provide better insulation than ordinary gypsum boards.
COVID-19 IMPACT
Industry Shutdown Causes Market Distortion
The COVID-19 outbreak caused unstable markets, a drop in consumer confidence, and problems with import and export commerce for producers of building & construction. Markets were shuttered as a result of the lockdown, and many people stayed inside. Supply chain breaches, stock market inefficiencies, and vendor instability are results of this evolution. The market as a whole was impacted by the shutdown of the industry. Because there was no longer a market for the product, appearance boards became obsolete as those markets closed. In order to maintain stability amidst the disruptions, organizations were forced to redesign their entire operational structures as a result of the pandemic. The financial imbalance brought on by the closure of numerous stores and significant sectors was the primary factor that distorted the entire market. In addition, the outbreak has a negative impact on the business operations of the enterprises, which affects the market as a whole. The wood-fiber gypsum board industry has been somewhat impacted by this.
LATEST TRENDS
Building & Construction to Boost the Market Growth
Building and construction are the main trends driving the market. Building and construction will continue to lead the fiberboard market for at least the next ten years. Building and construction have attracted a lot of attention since the advent of rampant urbanization, particularly in APAC regions that are predicted to continue to be the most lucrative market for this fiberboard product. The rapid increase in single-person households is the primary cause of this overwhelming call. Another significant driver of the fiberboard market's growth is probably the exponential increase in new residential and commercial construction projects. Applications for roofing and renovations involving flooring and paneling are anticipated to support the growth range of wood-fiber gypsum board. The global market will benefit from these factors. Thus, a key trend that is opening up potential for the industry to grow is the product use in building and construction. These new developments are mostly to blame for the market's overall growth.
WOOD-FIBER GYPSUM BOARD MARKET SEGMENTATION
By Types
Based on type, the market is classified into <6mm, 6-10 mm, 12-16 mm & >16 mm.
By Application
Based on the market is categorized into For Walls & For Roofing.
DRIVING FACTORS
Sustainability in Construction that Gives the Market Extra Boost
Sustainability in construction is the main factor spurring the market's expansion. The demand for wood products like plywood, MDF, and particle boards has increased as a result of the support from numerous governments around the world to improve the sustainability of the construction industry. In the near future, it's anticipated that product usage will increase demand for these wood-based goods. Due to its use as a sustainable material, the use of this type of wood-fiber gypsum board is increasing. Given that it is made of wood, it has become a popular material among consumers who support the green building movement. Furthermore, due to the accessibility of the main raw materials, wood and adhesives, the material is gaining considerable momentum in developing economies in Asia and Latin America. However, because this type of board is less expensive than plywood and performs similarly, the demand is anticipated to increase significantly in these developing economies over the course of the forecast period. As a result, the growth, and the increasing sustainability in construction will boost the market. It will contribute to the expansion of the building and construction industry and it will improve the overall wood-fiber gypsum board market growth.
Increasing Adoption of Wood Flooring to Encourage Market Expansion
The demand for housing and public infrastructure has been fueled by the growing population, and this is anticipated to help the market soon. People's increased purchasing power will increase demand for goods that enhance the aesthetics of living spaces. The demand for wood flooring has increased as a result of the growing emphasis on the construction of smart homes and aesthetically pleasing interiors. But for wood flooring to easily support its weight, the subsurface must be even, smooth, and strong. The weight and impact distribution of wood-fiber gypsum board, which doesn't contain knots or rings, is much better than that of other wood subsurface like particleboards and plywood. Additionally, the subsurface must be affordable, which is the main factor in the product's position as the best alternative among rivals. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.
RESTRAINING FACTORS
Unsuitability of Product to Impede Market Expansion
Gypsum board's unsuitability for exterior walls due to its susceptibility to moisture, particularly continuous moisture exposure, is a factor impeding the market's growth. Their installation on curved surfaces is not recommended. Bends will weaken the structure and result in cracks. This factor is impeding market expansion. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.
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WOOD-FIBER GYPSUM BOARD MARKET REGIONAL INSIGHTS
North America Dominating the Market Across the Globe
The market for wood-fiber gypsum board is in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the wood-fiber gypsum board market share is the growing demand of product use of for walls & for roofing is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.
KEY INDUSTRY PLAYERS
Leading Manufacturers to Boost Product Demand
Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.
List of Top Wood-Fiber Gypsum Board Companies
- Georgia-Pacific Gypsum (U.S.)
- IB Roof Systems (U.S.)
- USG Corporation (U.S.)
- NICHIHA (Japan)
REPORT COVERAGE
The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost wood-fiber gypsum board market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.
Attributes | Details |
---|---|
Market Size Value In |
US$ 44.93 Billion in 2024 |
Market Size Value By |
US$ 94.09 Billion by 2033 |
Growth Rate |
CAGR of 9.68% from 2025 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
Based on our research, the wood-fiber gypsum board market is projected to touch USD 94.09 billion by 2033.
The wood-fiber gypsum board market is expected to exhibit a CAGR of 9.68% by 2033.
Sustainability in construction that gives the market extra boost & increasing adoption of wood flooring to encourage wood-fiber gypsum board market expansion.
Unsuitability of product to impede wood-fiber gypsum board market expansion.