NAICS 32742 - Gypsum Product Manufacturing
This industry comprises establishments primarily engaged in manufacturing gypsum products such as wallboard, plaster, plasterboard, molding, ornamental moldings, statuary, and architectural plaster work. Gypsum product manufacturing establishments may mine, quarry, or purchase gypsum.
Industry trends:
The Gypsum Product Manufacturing industry (NAICS 32742) is experiencing several notable qualitative trends. A significant trend is the industry's increasing shift towards sustainable and eco-friendly products. This movement is driven by a growing consumer awareness of environmental impact and stringent regulatory requirements. Manufacturers are focusing on reducing the carbon footprint of their processes and utilizing recycled materials, such as reclaimed gypsum from demolition sites.
Another trend is innovation in product development. Companies are investing in research and development to create high-performance gypsum products with enhanced properties, such as fire resistance, acoustic insulation, and moisture resistance. This innovation is crucial as it allows manufacturers to cater to specialized construction needs and differentiate themselves in a competitive market.
Digitalization and the adoption of advanced technologies are also transforming the industry. The use of data analytics, IoT, and automation is optimizing production processes, improving efficiency, and reducing costs. These technological advancements are enabling manufacturers to enhance product quality and maintain better inventory management.
Forecasts for the near future indicate that these trends will continue to shape the industry. The demand for green building materials is expected to rise, further pushing the adoption of sustainable practices. Additionally, the ongoing urbanization and infrastructure development projects globally will drive the demand for gypsum products. China's construction boom and infrastructure expansion in emerging markets are likely to be significant growth drivers.
This industry is comprised of:
Art goods (e.g., gypsum, plaster of paris) manufacturing
Board, gypsum, manufacturing
Cement, Keene's (i.e., tiling plaster), manufacturing
Columns, architectural or ornamental plaster work, manufacturing
Ecclesiastical statuary, gypsum, manufacturing
Flower boxes, plaster of paris, manufacturing
Fountains, plaster of paris, manufacturing
Gypsum building products manufacturing
Gypsum products (e.g., block, board, plaster, lath, rock, tile) manufacturing
Images, small gypsum, manufacturing
Joint compounds, gypsum based, manufacturing
Keene's cement manufacturing
Lath, gypsum, manufacturing
Ornamental and architectural plaster work (e.g., columns, mantels, molding) manufacturing
Orthopedic plaster, gypsum, manufacturing
Plaster and plasterboard, gypsum, manufacturing
Plaster of paris manufacturing
Plaster of paris products (e.g., columns, statuary, urns) manufacturing
Plaster, gypsum, manufacturing
Sculptures (e.g., gypsum, plaster of paris) manufacturing
Statuary (e.g., gypsum, plaster of paris) manufacturing
Urns (e.g., gypsum, plaster of paris) manufacturing
Vases (e.g., gypsum, plaster of paris) manufacturing
Wallboard, gypsum, manufacturing
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- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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