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Canada Drywall Market Size, Share, Trends and Industry Report 2024-2032

Canada Drywall Market Analysis, Demand, Growth, Outlook, Key Players & Forecast

Canada Drywall Market Outlook

According to the report by Expert Market Research (EMR), the Canada drywall market size attained a value of USD 1,308.90 million in 2023. Aided by the growing construction industry and increasing demand for sustainable building materials, the market is projected to further grow at a CAGR of 6.6% between 2024 and 2032, reaching a value of USD 2,184.25 million by 2032.

Drywall, also known as gypsum board, plasterboard, or wallboard, is a construction material used to create walls and ceilings. Made primarily from gypsum, it offers numerous advantages, including ease of installation, cost-effectiveness, and fire resistance, making it a staple in residential, commercial, and industrial construction. With a growing focus on sustainable construction practices and green building materials, the demand for drywall in Canada is expected to rise in the coming years, driven by both new construction projects and renovation activities.

The Canada drywall market has experienced steady growth over the past decade, supported by the booming construction industry and an increasing number of residential and non-residential construction projects. As urbanization accelerates and the demand for housing rises, drywall is emerging as a preferred choice due to its durability, ease of use, and adaptability to various architectural designs.

Key Drivers Of Growth

The Canadian construction sector is one of the primary drivers of the Canada drywall market, fueled by population growth, urbanization, and government initiatives aimed at improving housing availability and infrastructure. With an expanding real estate sector, particularly in urban centers such as Toronto, Vancouver, and Montreal, the demand for building materials like drywall has increased substantially. Additionally, the growing preference for high-rise residential and commercial buildings has led to a significant rise in drywall consumption due to its lightweight properties and fire-resistant features.

Renovation activities, driven by the need to upgrade aging infrastructure and improve energy efficiency in buildings, have also contributed to the growing demand for drywall in Canada. Many homeowners and commercial property owners are opting for drywall in renovation projects due to its versatility, cost-effectiveness, and aesthetic appeal. The rise of sustainable construction practices, including the use of energy-efficient building materials, has further bolstered the use of drywall in both new construction and remodeling efforts.

The Canadian government’s focus on sustainability and green construction has also positively impacted the Canada drywall market. Drywall is considered an eco-friendly material, particularly when sourced from recycled gypsum or produced with minimal environmental impact. The adoption of sustainable building standards, such as LEED (Leadership in Energy and Environmental Design) certification, has encouraged builders and developers to choose drywall as a material that contributes to energy efficiency and indoor environmental quality.

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Technological Advancements in Drywall

Technological innovations in drywall manufacturing have further fueled market growth by improving the quality, durability, and environmental performance of drywall products. Manufacturers are increasingly focusing on producing lightweight drywall panels that offer superior strength and fire resistance while reducing transportation and installation costs. This has led to the development of advanced gypsum boards that are easier to handle and install, providing construction professionals with more efficient solutions for both residential and commercial projects.

Additionally, there has been a surge in demand for moisture-resistant and mold-resistant drywall products, particularly in regions prone to high humidity and moisture exposure. These products are increasingly being used in bathrooms, kitchens, and basements, where moisture control is critical to maintaining the structural integrity of the building.

Soundproof drywall, which provides enhanced acoustic insulation, has gained popularity in residential and commercial settings, especially in multi-family housing, hotels, and office spaces. With urban living on the rise, the demand for noise reduction solutions has driven the growth of soundproof drywall, allowing for improved living and working environments.

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Canada Drywall Market Segmentation

The market can be divided based on type, application, and region.

Market Breakup by Type

  • Standard
  • Fire-Resistant
  • Mould/Moisture Resistant

Market Breakup by Application

  • Residential
  • Commercial

Market Breakup by Region

  • Northern Canada
  • British Columbia
  • Alberta
  • The Prairies
  • Central Canada
  • Atlantic Canada

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Canada drywall market. Some of the major players explored in the report by Expert Market Research are as follows:

  • CGC Inc.
  • CertainTeed
  • Georgia-Pacific LLC
  • Gold Bond Building Products, LLC.
  • Envirowall Partition Systems Limited
  • Armstrong World Industries, Inc.
  • Others

Challenges and Opportunities

Despite the positive growth outlook, the Canada drywall market faces several challenges. One of the key issues is the environmental impact of gypsum mining and the energy-intensive production process of drywall. While efforts are being made to increase the use of recycled gypsum and improve the sustainability of the production process, the drywall industry is under pressure to further reduce its environmental footprint. Waste generation is another concern, as construction sites often produce significant amounts of drywall waste, which can contribute to landfill overfill if not properly managed.

However, these challenges present opportunities for innovation and growth. The increasing demand for eco-friendly building materials has led to the development of more sustainable drywall products, such as those made from recycled materials or with reduced energy consumption during production. Companies are also exploring ways to minimize waste through improved recycling programs and more efficient use of raw materials. These initiatives are expected to enhance the overall sustainability of the drywall industry and position it for continued growth in the coming years.

Moreover, the rising trend of prefabricated construction methods offers significant opportunities for the Canada drywall market. Prefabricated construction, which involves the off-site production of building components, can help reduce construction waste, speed up project timelines, and lower overall construction costs. Drywall is a key component in prefabricated building systems, and its growing use in modular construction is expected to drive further market expansion.

Expanding Applications Across Sectors

The residential construction sector remains the largest end-use segment for Canada drywall market, accounting for a significant share of the market. As the demand for affordable housing continues to rise, particularly in urban centers, the use of drywall in new residential buildings is expected to increase. The government’s investment in affordable housing projects and infrastructure development, such as schools, hospitals, and public buildings, is also anticipated to boost drywall consumption.

In the commercial sector, drywall is widely used for office buildings, retail spaces, and hospitality projects. With the increasing need for flexible and customizable interiors in commercial spaces, drywall is often preferred for partition walls and ceilings. Its ease of installation, repairability, and aesthetic flexibility make it a suitable material for modern commercial construction projects.

The industrial sector is another important end-use segment for drywall. Large industrial complexes, manufacturing facilities, and warehouses require durable and fire-resistant materials for walls and ceilings, making drywall a preferred choice. The growth of industrial construction, driven by the expansion of logistics, manufacturing, and energy sectors, is expected to contribute to the increasing demand for drywall in Canada.

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