North America Drywall Market Report and Forecast 2024-2032

North America Drywall Market Size

The North America market size for drywall reached a value of more than USD 18.13 billion in 2023. The North America drywall market is expected to grow at a CAGR of 5.7% in the forecast period of 2024-2032, reaching a projected value of USD 29.85 billion by 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Key Trends in the Market 

Drywall is primarily made of gypsum. Drywall is a construction material employed to make ceilings and walls. It is also utilised to generate various design features, involving arches, and eaves, among other architectural specialties. It is easy and quick to install, incredibly durable, and needs only simple renovations if damaged.

• The North America drywall industry growth is driven by the rising introduction of engineered products, such as gypsum board, in the construction industry.

• Various restoration and renovation projects for structural complexes along with increasing disposable income among consumers are aiding the market growth of drywall in the region.

• With new technologies being developed in the drywall industry like flexible bead for drywall, multi-layered gypsum panels, and prefab drywall soffit framing systems, among other technologies, the market growth of drywall is expected to fuel during the forecast period. This is because new technologies of drywall help in faster construction along with better comfort for indoor environments.

• The growing population coupled with the increasing popularity of DIY projects and the rising residential sector are expected to witness growth in the market of drywall across the region. Drywall is easy and faster to install as compared to plaster, increasing its popularity and usability.

Market Opportunities and Challenges

• The considerably high strength of drywalls is likely to increase the North America drywall market opportunities over the coming years. Drywalls also sustain and support walls which are further expected to fuel the demand for drywall among consumers.

• Drywall is resistant to fire as it contains Calcium Sulfate plus water (CaSo4+H2O), thereby, the demand for drywall is likely to enhance.

• The installation of drywall spreads a lot of dust and is prone to damage which is likely to hamper the market demand for drywall.

Market Analysis

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on type, the market can be segmented into standard, fire-resistant, and mould/moisture resistant. According to the application, the market can be divided into residential and commercial. On the basis of country, the drywall market in North America can be divided into the United States and Canada.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America Drywall market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans. 

• CertainTeed

• National Gypsum Services Company

• USG Corporation

• Georgia-Pacific.

• American Gypsum Company LLC

• Others

Market Share by Application

With an increase in the applications of drywall in residential and commercial sectors, the residential segment is augmenting considerable growth in the North America drywall market share. This is due to the benefits of drywall as it is cost-effective as compared to other products such as plaster, and its capabilities for smoothing and paving ceilings and walls.

Drywall is broadly used to improve the interiors in residential buildings which are driving the segment growth in the region. This is due to the benefits of the product as it is fire-resistant along with cost-efficient and is likely to be utilised for the construction of regular walls and ceilings.

Market Share by Region

Geographically, the United States is expected to witness significant growth in the drywall market across the North American region due to growing construction sector, demand for DIY and interest among people in customising interior spaces. The surging demand for residential construction coupled with the high presence of major companies in the country is expected to propel the market growth in the United States. With flexibility in dividing as well as creating spaces, allowing for seamless and quick interior customisation options, the popularity of drywall is likely to boost the North America drywall market growth across the region over the upcoming years.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape 

• CertainTeed is a North American manufacturing company providing building materials for both residential and commercial constructions. It is a wholly owned subsidiary of Saint-Gobain SA, based in Paris. It manages 65 manufacturing plants in Canada and the United States. It deals in roofing, siding, insulation, gypsum, and ceilings.

• National Gypsum Services Company based in Charlotte, NC, is a leading service provider of reliable as well as high-performance building products produced by its affiliate companies and marketed under the Gold Bond®, PermaBASE®, and ProForm® brands.

• Georgia-Pacific. is an American pulp and paper corporation based in Georgia. It is one of the largest distributors and producers of pulp, paper, tissue, building products, paper towel dispensers, packaging, and related chemicals.

Other market players include USG Corporation and American Gypsum Company LLC, among others. 

Key Highlights of the Report