Brazil Drywall Market Report and Forecast 2024-2032

Brazil Drywall Market Size

The Brazil drywall market is projected to grow at a CAGR of 5.1% between 2024 and 2032, aided by the shift towards sustainable construction practices.

Brazil Drywall Market Outlook

• In 2021, Brazil’s GDP grew by 5.3%, which accelerated the growth of the construction sector, thereby contributing to drywall demand.

• In 2021, Brazil’s construction sector generated a value of R$377.8 billion.

• In 2021, the private sector’s demand for construction works represented over 74% of the overall value of construction works.

Brazil Drywall Market Growth

Traditional materials like bricks, mortar, and concrete have dominated the residential construction of buildings in Brazil. However, technological advancements have dispelled the myths surrounding drywalls in the construction sector. Drywall construction is nearly 4 times faster and 10 times lighter than standard masonry, which minimises environmental pollution and reduces the building’s load on the foundation. Moreover, it provides useful design flexibility and increases the cost-effectiveness and ease of performing renovations. Since drywall is highly durable, it can support TV stands, kitchen cabinets, and other heavy objects easily and reduce noise pollution in indoor spaces through its high acoustic performance.

In Q1 2022, Brazil’s construction industry recorded a year-on-year growth of 9%. This was preceded by year-on-year growth of 12.2% in Q4 2021, as per the Brazilian Institute of Geography and Statistics. With rapid reductions in the average size of apartment complexes in Brazil, the demand for partition systems and thinner walls has accelerated the demand for drywalls, thereby leading to the market growth.

A traditional wall system emits 21.2 kilograms of carbon dioxide annually into the atmosphere. This is accelerating the demand for greener alternatives like eco-friendly drywalls, which substantially reduce the water and energy consumption requirements of buildings and contribute to sustainability within the construction sector.

Brazil Drywall Industry Segmentation

Brazil Drywall Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Standard

• Fire- Resistant

• Mould/Moisture Resistant

Market Breakup by Application

• Residential

• Commercial

Market Breakup by Region

• São Paulo

• Minas Gerais

• Rio de Janeiro

• Bahia

• Rio Grande do Sul

Brazil Drywall Market Share

Based on region, the market is segmented into São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul. Over the forecast period of 2024-2032, Minas Gerais is assessed to grow at a CAGR of 5.8% due to the anticipated growth of housing construction in the region.

Leading Companies in the Brazil Drywall Market

Southeast Brazil is expected to emerge as an attractive destination for drywall manufacturers who seek to cater to the market requirements closely and boost their domestic production capacity.

• Saint-Gobain SA

• Etex Group

• Trevo Drywall

• Knauf Group

• USG Corporation

• Others

Key Highlights of the Report