According to the Canada Green Building Council's (CAGBC) report, Canada’s Green Building Engine, Canada’s green building sector is expected to flourish, creating USD 150 billion in GDP by 2030. The growing demand for green buildings is expected to aid the demand for eco-friendly gypsum drywall as a sustainable construction material.
Drywalls find use in buildings as a covering material for interior walls and ceilings. The material supports and extends the lifespan of walls while providing a smooth surface that can be used for décor. Key factors driving the Canada drywall market growth include rising immigration and the demand for housing, government initiatives, and the rise in renovation projects.
Key Trends and Developments
Rising demand for sustainable construction materials, governmental initiatives, and rising urbanisation aid the Canada drywall market development.July 2023
Gold Bond Building Products, a prominent US gypsum wallboard manufacturer, announced a USD 90 million investment to expand its Mount Holly facility.July 2022
CertainTeed, a subsidiary of Saint-Gobain, achieved the distinction of becoming North America's first carbon-neutral drywall plant. This achievement was made possible through a substantial investment of USD 91 million in the CertainTeed drywall plant located in Montreal.February 2022
Ontario's Trusscore Inc., a PVC company, diversified its portfolio by venturing into the drywall industry with the introduction of Wall&CeilingBoard.Drywalls are a sustainable construction material
Gypsum drywalls are sustainable alternatives to traditional bricks, presenting advantages like minimum water usage and lesser turnaround time.Drywalls allow faster completion of projects
Drywalls reduce the long man-hours needed to construct brick walls. With consumers demanding the timely completion of projects, developers are inclined towards products that offer speedy completion and are easy to use.High immigration aids demand for construction
Due to the improved rail transportation and low lending rates, Canada has been witnessing an influx of immigrants leading to an increased demand for new residential buildings to a greater extent.Table: Developments in the Construction Sector
Canada Drywall Market Trends
Gypsum drywalls allow builders and architects to fulfil their green construction targets related to transportation, manufacture, and recycling, owing to their low carbon footprint and high availability. Being lightweight, drywalls result in huge savings in structural costs and reduce the long man-hours needed to construct brick walls.The increasing demand for drywall solutions in commercial infrastructure construction is expected to augment the Canada drywall market growth. Additionally, the thermal insulation properties of drywalls help increase the energy efficiency of the building, which is expected to strengthen their demand.
Market Segmentation
Canada Drywall Market Report and Forecast 2025-2034 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
- Northern Canada
- British Columbia
- Alberta
- The Prairies
- Central Canada
- Atlantic Canada
Canada Drywall Market Share
By type, standard drywall is expected to hold a significant Canada drywall market share owing to its ease of installationAccording to the Canada drywall market report, standard drywall is heavily sought after by construction contractors as it provides a smooth, hard surface and can also be installed quickly. Standard drywalls are relatively inexpensive and lighter than other types of drywall.
Fire-resistant drywalls have a thick design ideal for use in utility rooms, garages, and areas near a furnace or wood stove. Various types of fire-resistant drywalls such as Type X drywall and Type C drywall are adopted by builders in fire-prone areas to construct safer homes. Mould-resistant firewalls help to prevent the buildup of mould in moist or humid areas such as bathrooms and kitchens. The rising concerns regarding mould growth caused by storms and flooding are catering to an increased adoption of mould/moisture-resistant drywalls.
Commercial application of drywalls holds a prominent share of the drywall market in Canada
According to the Canada drywall market analysis, the superior acoustic properties of gypsum walls, are supporting its use in hospitals, hotels, and schools to provide these commercial establishments with enhanced soundproofing.Residential demand for drywall is driven by factors like existing home sales, housing starts and completion, and interest rates. Further, in the commercial construction sector, by closely monitoring office vacancy rates, the Architecture Billings Index, government spending, GDP, and employment levels, market players can gauge opportunities in renovation works and new construction.
Competitive Landscape
The Canadian drywall market is characterised by intense competition owing to the presence of several local and global players.CGC Inc.
USG Sheetrock® drywall, Durock® drywall, sustainable drywall panels, lightweight drywall panels, fire-resistant drywall panels, mould-resistant drywall panels, etc.CertainTeed
M2tech® moisture and mould-resistant drywall, extreme impact-resistant drywall with M2tech®, regular drywall, EASI-LITE® lightweight interior ceiling drywall, etc.Georgia-Pacific LLC
Drywall systems: DensElement® for Barrier System, DensDeck® Prime Roof Boards, and ToughRock® Shaftliner.Envirowall Partition Systems Limited
Prefinished gypsum panels, pre-decorated gypsum core panels, etc.Other key players in the Canada drywall market include Gold Bond Building Products, LLC, and Armstrong World Industries, Inc., among others.
Canada Drywall Market Analysis
Central Canada holds a significant market share in the Canada drywall market
The growing number of households, family homes and disposable income in provinces such as Quebec is significantly leading to a greater demand for residential construction.British Columbia has witnessed a rise in both commercial and residential construction, with the value of construction permits rising 58% over five years till July 2022. In 2021, British Columbia’s construction sector represented 9.7% of the Province’s GDP. The rising eco-consciousness in the province is expected to increase the demand for drywall which is recyclable and an energy-efficient option.
Significant developments in Alberta are aiding the market growth. In July 2022, CGC Inc., the Canadian division of USG Corporation revealed their plan to construct a cutting-edge drywall manufacturing facility in Wheatland County, Alberta. The investment, worth CAD 210 million, will enable the strengthening of the company’s commitment to the Canadian market and allow them to serve their customers in Alberta and the West.
Table of Contents
Companies Mentioned
- CGC Inc.
- CertainTeed
- Georgia-Pacific LLC
- Envirowall Partition Systems Limited