Thailand Gypsum Board Market (2021-2027) | Revenue, Analysis, Value, Growth, Share, Size, Industry, Companies, COVID-19 IMPACT, Outlook, Trends & Forecast

Thailand Gypsum Board Market Synopsis

The Thailand gypsum board market is expected to witness steady growth from 2021 to 2027. Gypsum boards, also known as drywall or plasterboard, are widely used in the construction industry for interior walls and ceilings. The market`s expansion is driven by several factors, including the robust growth in the construction and real estate sectors in Thailand. The increasing number of residential and commercial construction projects drives the demand for gypsum boards as a cost-effective and versatile building material.

Market Drivers

The growing trend of using sustainable and eco-friendly construction materials has also contributed to the popularity of gypsum boards, as they are considered a greener alternative compared to traditional construction materials. Additionally, the ease of installation and quick turnaround time associated with gypsum boards make them a preferred choice for construction projects with tight timelines. Furthermore, the government`s infrastructure development initiatives and urbanization projects have also fueled the demand for gypsum boards in the country. The construction of new buildings and renovation of existing structures drive the need for gypsum boards for both residential and non-residential applications.

Challenges of the Market

Despite the positive outlook, the Thailand gypsum board market faces certain challenges. One major challenge is the fluctuating prices of raw materials used in the production of gypsum boards, which can impact the cost of manufacturing. Additionally, competition from alternative building materials and construction technologies may affect the market`s growth.

Covid-19 Impact on the Market

The Covid-19 pandemic had a notable impact on the Thailand gypsum board market. During the initial phase of the pandemic, construction activities faced disruptions due to lockdowns and supply chain disruptions. This led to a temporary slowdown in demand for gypsum boards. However, as economic activities resumed and construction projects were allowed to proceed, the market for gypsum boards started to recover.

Key Players of the Market

Key players in the Thailand gypsum board market play a crucial role in supplying high-quality and durable gypsum board products to the construction industry. Some key players in the market include Gyproc Thailand, Siam Gypsum Industry (Saraburi) Co., Ltd., and Thailand Gypsum Products Public Company Limited. These companies are at the forefront of providing a wide range of gypsum boards to cater to various construction needs, from residential to commercial projects. As the construction industry continues to grow and evolve in Thailand, these key players are expected to remain influential in shaping the gypsum board market in the country.

Key Highlights of the Report:

• Thailand Gypsum Board Market Outlook
• Market Size of Thailand Gypsum Board Market, 2020
• Forecast of Thailand Gypsum Board Market, 2027
• Historical Data and Forecast of Thailand Gypsum Board Revenues & Volume for the Period 2023 - 2027
• Thailand Gypsum Board Market Trend Evolution
• Thailand Gypsum Board Market Drivers and Challenges
• Thailand Gypsum Board Price Trends
• Thailand Gypsum Board Porter's Five Forces
• Thailand Gypsum Board Industry Life Cycle
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Product Type for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Wallboard for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Ceiling Board for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Pre-decorated Board for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Applications for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Pre-Engineered Metal Buildings for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Residential for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Industrial for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Commercial for the Period 2023 - 2027
• Historical Data and Forecast of Thailand Gypsum Board Market Revenues & Volume By Institutional for the Period 2023 - 2027
• Thailand Gypsum Board Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Applications
• Thailand Gypsum Board Top Companies Market Share
• Thailand Gypsum Board Competitive Benchmarking By Technical and Operational Parameters
• Thailand Gypsum Board Company Profiles
• Thailand Gypsum Board Key Strategic Recommendations