North American gypsum demand to benefit from
recovery in US housing Demand for crude gypsum and gypsum products in North America will benefit from the recovery of the US residential housing sector by 2013. Consumption of gypsum is heavily dependent upon construction activity, given that the bulk
of demand is consumed in gypsum board (wallboard), building plasters and cement. The collapse of the US housing
market in 2007 and 2008 caused demand for gypsum and gypsum products to decline dramatically. As the US housing
sector recovers, demand for gypsum building products will also rebound from its weak 2008 base. Prospects for gypsum
and gypsum products in Canada and Mexico will be less promising, especially in Canada, where construction activity is
expected to be stagnant through 2013.
Synthetic gypsum to continue gaining market share
Crude gypsum supplies in North America continue to be dominated by material extracted from gypsum mines. Such material accounted for more than threequarters of regional demand in 2008. Synthetic gypsum, which is produced as a by-product of the flue gas desulfurization process used at coal-fired electric power plants, accounted for the remainder. Synthetic gypsum has increased its share of the total market rapidly over the last ten years, and will continue to account for a growing portion of demand, although gains will be less rapid.
Dominant construction market to offer best growth
opportunities Demand for gypsum products is dominated by construction materials, particularly gypsum board, building plasters and cement additives. Overall, construction products accounted for 88 percent of gypsum product demand in 2008. Construction markets will post the most rapid gains through 2013, as the US housing market recovers from its weak 2008 performance. In particular, growth prospects will be best in residential construction markets, while nonresidential markets remain relatively flat. Nonbuilding markets will advance about 2.0 percent annually through 2013. Consumption of gypsum products in industrial and agricultural markets will continue to lag overall growth.
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
Macroeconomic Overview
United States
Canada
Mexico
Demographic Trends
Construction Trends
Residential Building Construction
Improvements & Repairs
Housing Starts
Nonresidential Building Construction
Nonbuilding Construction
Cement Overview
United States
Canada
Mexico
Agricultural Overview
United States
Canada
Mexico
Historical Market Trends
Pricing Trends
Crude Gypsum
Gypsum Board
Environmental & Regulatory Considerations
Gypsum Mining & Manufacturing Operations
Waste Gypsum Disposal & Recycling
Synthetic Gypsum
Indoor Air Quality
Green Building Practices 52
World Overview
Mined Gypsum
Europe
Asia/Pacific
Latin America
Africa/Mideast
Wallboard Demand
North America
Western Europe
Asia/Pacific
Latin America
Eastern Europe
Africa/Mideast
III. GYPSUM SUPPLY & DEMAND
General
Mine Production
Synthetic Gypsum Demand
United States
General
Mine Production
Synthetic Gypsum Demand
Canada
General
Mine Production
Synthetic Gypsum Demand
Mexico
General
Mine Production
IV. GYPSUM PRODUCT OVERVIEW
General
Calcined Gypsum
Uncalcined Gypsum
Product Outlook
Regional Outlook
V. CALCINED GYPSUM PRODUCTS
General
Gypsum Board
Manufacturing Process
Demand by Country
Demand by Type
Regular Gypsum Board
Type X Gypsum Board
Water-Resistant Gypsum Board
Sheathing Gypsum Board
Veneer Gypsum Board
Mobile Home Gypsum Board
Ceiling Tile
Prefinished & Other Gypsum Board
Demand by Market
Residential Construction
Nonresidential Construction
All Other Markets
Building Plasters
Industrial Plasters
VI. UNCALCINED GYPSUM PRODUCTS
General
Cement Additives
Agricultural Gypsum
Fillers & Other
VII. MARKETS
General
Construction
Residential
New Residential
Improvement & Repair
Nonresidential
New Nonresidential
Nonresidential Improvement & Repair
Nonbuilding
Industrial
Agricultural
VIII. INDUSTRY STRUCTURE
General
Industry Composition
Gypsum Product Market Share
USG
National Gypsum
Georgia-Pacific (Koch Industries)
CertainTeed (Saint-Gobain)
Other Significant Companies
Gypsum Board Capacity
Vertical & Horizontal Integration
Cooperative Agreements
Manufacturing
Marketing
Distribution
Mergers & Acquisitions
Company Profiles
Allied Custom Gypsum, see Harrison Gypsum
American Electric Power Company Incorporated
American Gypsum Company, see Eagle Materials
Caopas, see Compania Minera Caopas
Caraustar Industries Incorporated
CertainTeed Corporation, see Saint-Gobain
Compania Minera Caopas SA de CV
Compania Occidental Mexicana SA de CV
Duke Energy Corporation
E.ON AG
Eagle Materials Incorporated
FirstEnergy Corporation
Georgia-Pacific LLC, see Koch Industries
Harrison Gypsum Company
Holloway (HM) Incorporated
Keystone-Conemaugh Projects, see RRI Energy
Koch Industries Incorporated
L&W Supply Corporation, see USG
Lafarge SA
National Gypsum Company
New West Gypsum Recycling Incorporated
NIPSCO, see NiSource
NiSource Incorporated
PABCO Gypsum, see Pacific Coast Building Products
Pacific Coast Building Products Incorporated
Panel Rey SA
Potash Corporation of Saskatchewan Incorporated
Republic Paperboard Company LLC, see Eagle Materials
RRI Energy Incorporated
Saint-Gobain
Taylor Recycling Facility LLC
Temple-Inland Incorporated
Tennessee Valley Authority
TVA, see Tennessee Valley Authority
USG Corporation
Wilson (Art) Company
Other Companies Involved in the Industry
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
1 North America Macroeconomic Indicators
2 United States Macroeconomic Indicators
3 Canada Macroeconomic Indicators
4 Mexico Macroeconomic Indicators
5 North America Demographic Indicators
6 North America Construction Indicators
7 North America Residential Building Spending
8 North America Housing Starts
9 North America Nonresidential Building Spending
10 North America Nonbuilding Construction Spending
11 North America Cement Production
12 North America Agriculture Land Use
13 North America Crude Gypsum Market, 1998-2008
14 North America Gypsum Product Pricing Trends
15 Gypsum Board Pricing Dynamics, 1998-2008
16 World Gypsum Mine Production
SECTION III -- GYPSUM SUPPLY & DEMAND
1 North America Crude Gypsum Supply & Demand
2 North America Gypsum Mine Production, 2008
3 Selected New Synthetic Gypsum Supply Arrangements
4 United States Gypsum Supply & Demand
5 United States Gypsum Mine Production, 2008
6 Canada Gypsum Supply & Demand
7 Canada Gypsum Mine Production, 2008
8 Mexico Gypsum Supply & Demand
9 Mexico Gypsum Mine Production, 2008
SECTION IV -- GYPSUM PRODUCT OVERVIEW
1 North America Gypsum Product Demand by Type
2 North America Gypsum Product Demand by Country
SECTION V -- CALCINED GYPSUM PRODUCTS
1 North America Calcined Gypsum Product Demand
by Type & Country
2 North America Gypsum Board Demand by Country
3 North America Gypsum Board Demand by Type
4 North America Regular Gypsum Board Demand
5 North America Type X Gypsum Board Demand
6 North America Water-Resistant Gypsum Board Demand
7 North America Sheathing Gypsum Board Demand
8 North America Veneer Gypsum Board Demand
9 North America Mobile Home Gypsum Board Demand
10 North America Gypsum Ceiling Tile Demand
11 North America Prefinished & Other Gypsum Board Demand
12 North America Gypsum Board Demand by Market
13 North America Residential Gypsum Board Demand
14 North America Nonresidential Building Gypsum Board Demand
15 North America Other Markets for Gypsum Board
16 North America Building Plaster Gypsum Demand
17 North America Industrial Plasters Gypsum Demand
SECTION VI -- UNCALCINED GYPSUM PRODUCTS
1 North America Uncalcined Gypsum Product Demand
by Type & Country
2 North America Uncalcined Gypsum Demand
in Cement Additive Applications
3 North America Uncalcined Gypsum Demand
in Agricultural Applications
4 North America Uncalcined Gypsum Demand
in Filler & Other Applications
SECTION VII -- MARKETS
1 North America Gypsum Product Demand by Market
2 North America Construction Demand for Gypsum Products
3 North America Residential Construction Demand
for Gypsum Products
4 North America New Residential Demand for Gypsum Products
5 North America Residential Improvement & Repair Demand
for Gypsum Products
6 North America Nonresidential Construction Demand for
Gypsum Products
7 North America New Nonresidential Construction Demand
for Gypsum Products
8 North America Nonresidential Building Improvement
& Repair Demand for Gypsum Products
9 North America Nonbuilding Construction Demand for
Gypsum Products
10 North America Industrial Demand for Gypsum Products by
Product & Country
11 North America Agricultural Demand for Gypsum Products
SECTION VIII -- INDUSTRY STRUCTURE
1 Gypsum Product Sales by Company, 2008
2 North America Gypsum Board Capacity by Producer, 2008
3 Selected Cooperative Agreements
4 Selected Acquisitions & Divestitures
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 North America Crude Gypsum Market Trends, 1998-2008
2 Gypsum Board Price-Capacity Utilization
Relationship, 1998-2008
3 World Gypsum Mine Production by Region, 2008
4 World Gypsum Board Demand by Region, 2008
SECTION III -- GYPSUM SUPPLY & DEMAND
1 North America Crude Gypsum Demand by Country, 2008
2 North America Crude Gypsum Consumption
by Source, 1998-2018
SECTION IV -- GYPSUM PRODUCT OVERVIEW
1 North American Gypsum Industry Flow Chart, 2008
2 North America Gypsum Product Demand by Country, 2008
SECTION V -- CALCINED GYPSUM PRODUCTS
1 Calcined Gypsum Product Demand by Country, 2008
2 North America Gypsum Board Demand by Type, 2008
SECTION VI -- UNCALCINED GYPSUM PRODUCTS
1 North America Uncalcined Gypsum Demand
by Application, 2008
SECTION VII -- MARKETS
1 North America Gypsum Product Demand by Market, 2008
2 North America Construction Demand for Gypsum Products
by Market Sector & Product, 2008
SECTION VIII -- INDUSTRY STRUCTURE
1 North America Gypsum Product Market Share, 2008
2 North America Gypsum Board Capacity, 1998-2008