Abstract
Volume demand to increase 2% annually through 2011
Demand for gypsum products in North America is forecast to grow about two
percent annually through 2011, exceeding 52 million metric tons.
Nonresidential building markets will offer the best opportunities over the
forecast period, with gains fueled by a rebound in the US market and continued
economic expansion in Mexico. Strength in the nonresidential building market
will help offset weakness in residential construction, the largest market for
gypsum products. A sluggish outlook for construction of new single-family
housing in the US and Canada will limit growth for gypsum products in
residential construction. Measured in terms of dollar value, demand for gypsum
products is projected to advance in excess of three percent per annum through
2011 to $6 billion. That pace will represent a deceleration from the growth of
the 2001-2006 period, when unit prices climbed as industry capacity
(particularly for gypsum board) lagged a surge in demand.
Mexican housing demand to aid gypsum board gains
Gypsum board was the largest gypsum product segment by a large margin in 2006,
accounting for over three-quarters of demand. Through 2011, the Mexican
construction market is forecast to post the fastest growth for gypsum board,
at more than five percent per annum in terms of square feet. Gains in the
Mexican market for gypsum board will benefit from government initiatives to
relieve the nation' s housing deficit, as well as from further market
penetration as construction methods amenable to gypsum board become more
widely adopted. However, while Mexico growth will be rapid, its demand for
gypsum board will continue to represent less than three percent of the North
American total.
Study coverage
It presents historical demand data plus forecasts for 2011 and 2016 by gypsum
product and market in Canada, the US, and Mexico. This study also considers
market environment factors, details market share and profiles 24 competitors.
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