Product Code: ETC13258389 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Gypsum Board Market was valued at USD 27.2 Billion in 2024 and is expected to reach USD 41.6 Billion by 2031, growing at a compound annual growth rate of 6.40% during the forecast period (2025-2031).
The global gypsum board market is witnessing steady growth driven by the construction industry`s expansion worldwide. Gypsum boards, also known as drywall or plasterboard, are widely used in interior construction due to their lightweight, fire-resistant, and soundproofing properties. The market is experiencing significant demand in residential, commercial, and industrial sectors, particularly in emerging economies where urbanization and infrastructure development are on the rise. Key players in the market are focusing on product innovation, sustainable practices, and strategic partnerships to maintain a competitive edge. North America and Asia Pacific regions dominate the market, with increasing adoption of gypsum boards in building projects. Factors such as growing population, disposable income, and government initiatives for affordable housing are expected to drive further growth in the global gypsum board market.
The Global Gypsum Board Market is witnessing steady growth due to increasing construction activities and the rising demand for sustainable and cost-effective building materials. Key trends in the market include the adoption of advanced technologies for manufacturing lightweight and high-performance gypsum boards, as well as the growing popularity of fire-resistant and moisture-resistant boards. Opportunities in the market lie in the development of innovative products with enhanced properties such as improved acoustic insulation and thermal efficiency. Additionally, the expansion of the construction industry in emerging economies, along with the increasing focus on green building practices, presents avenues for market growth. Collaboration with architects, contractors, and developers to promote the benefits of gypsum boards in construction projects can also drive market expansion.
The Global Gypsum Board Market faces several challenges, including fluctuating raw material prices, increasing competition from alternative construction materials, and regulatory hurdles related to environmental concerns and building codes. The volatility of gypsum prices can impact the profitability of manufacturers and ultimately the pricing of gypsum board products. Additionally, the rising popularity of alternative materials such as drywall and fiber cement boards poses a challenge to the market share of gypsum boards. Moreover, stringent regulations regarding emissions, waste management, and energy efficiency in construction practices present obstacles for gypsum board manufacturers to meet sustainability requirements. Navigating these challenges requires companies in the Global Gypsum Board Market to innovate, invest in research and development, and adapt to changing market trends to stay competitive.
The Global Gypsum Board Market is primarily driven by the booming construction industry worldwide, especially in emerging economies like China and India. The increasing demand for affordable housing, commercial spaces, and infrastructure development projects is fueling the need for gypsum boards as a versatile building material. Additionally, the rising awareness about the benefits of gypsum boards such as fire resistance, sound insulation, and ease of installation is driving their popularity in both residential and commercial construction projects. Moreover, stringent regulations promoting sustainable construction practices and the growing trend towards green buildings are also contributing to the market growth as gypsum boards are considered environmentally friendly and recyclable compared to other traditional building materials.
Government policies related to the Global Gypsum Board Market vary by country but generally focus on promoting sustainable construction practices, improving building safety standards, and reducing environmental impact. Many countries have regulations in place to ensure gypsum board manufacturers adhere to quality control standards and meet safety requirements. Additionally, some governments offer incentives or tax breaks for using gypsum board in construction projects to encourage its use as a sustainable building material. Environmental regulations also play a role, with restrictions on emissions and waste management practices to minimize the industry`s impact on the environment. Overall, government policies aim to support the growth of the Global Gypsum Board Market while ensuring compliance with safety and environmental standards.
The Global Gypsum Board Market is expected to witness steady growth in the coming years due to increasing construction activities worldwide. The market is driven by factors such as rapid urbanization, population growth, and the need for sustainable and cost-effective building materials. The rising demand for gypsum board in residential, commercial, and industrial construction projects, coupled with advancements in technology leading to improved product quality and performance, will further fuel market growth. Additionally, the growing awareness about the benefits of gypsum board, such as fire resistance, sound insulation, and ease of installation, will contribute to the market`s expansion. However, fluctuations in raw material prices and environmental concerns related to gypsum mining and manufacturing processes may pose challenges to market growth in the long term.
The global gypsum board market is witnessing varying trends across different regions. In Asia, particularly in countries like China and India, rapid urbanization and construction activities are driving the demand for gypsum boards. North America is experiencing steady growth due to the rebound in the housing sector and increasing investments in commercial construction projects. In Europe, stricter regulations promoting sustainable construction practices are boosting the adoption of gypsum boards. The Middle East and Africa region is witnessing significant growth, driven by infrastructure development and the construction of residential and commercial buildings. In Latin America, the market is expanding due to the growing focus on improving building aesthetics and fire-resistant properties. Overall, the global gypsum board market is poised for growth across all regions, driven by the increasing demand for cost-effective and sustainable construction materials.
Global Gypsum Board Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Gypsum Board Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Gypsum Board Market Revenues & Volume, 2021 & 2031F |
3.3 Global Gypsum Board Market - Industry Life Cycle |
3.4 Global Gypsum Board Market - Porter's Five Forces |
3.5 Global Gypsum Board Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Gypsum Board Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Gypsum Board Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Global Gypsum Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Gypsum Board Market Trends |
6 Global Gypsum Board Market, 2021 - 2031 |
6.1 Global Gypsum Board Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Gypsum Board Market, Revenues & Volume, By Wallboard, 2021 - 2031 |
6.1.3 Global Gypsum Board Market, Revenues & Volume, By Ceiling Board, 2021 - 2031 |
6.1.4 Global Gypsum Board Market, Revenues & Volume, By Pre-decorated Board, 2021 - 2031 |
6.1.5 Global Gypsum Board Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Gypsum Board Market, Revenues & Volume, By End-Use, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Gypsum Board Market, Revenues & Volume, By Residential, 2021 - 2031 |
6.2.3 Global Gypsum Board Market, Revenues & Volume, By Corporate, 2021 - 2031 |
6.2.4 Global Gypsum Board Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.2.5 Global Gypsum Board Market, Revenues & Volume, By Institutional, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Gypsum Board Market, Overview & Analysis |
7.1 North America Gypsum Board Market Revenues & Volume, 2021 - 2031 |
7.2 North America Gypsum Board Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Gypsum Board Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Gypsum Board Market, Revenues & Volume, By End-Use, 2021 - 2031 |
8 Latin America (LATAM) Gypsum Board Market, Overview & Analysis |
8.1 Latin America (LATAM) Gypsum Board Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Gypsum Board Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Gypsum Board Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Gypsum Board Market, Revenues & Volume, By End-Use, 2021 - 2031 |
9 Asia Gypsum Board Market, Overview & Analysis |
9.1 Asia Gypsum Board Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Gypsum Board Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Gypsum Board Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Gypsum Board Market, Revenues & Volume, By End-Use, 2021 - 2031 |
10 Africa Gypsum Board Market, Overview & Analysis |
10.1 Africa Gypsum Board Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Gypsum Board Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Gypsum Board Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Gypsum Board Market, Revenues & Volume, By End-Use, 2021 - 2031 |
11 Europe Gypsum Board Market, Overview & Analysis |
11.1 Europe Gypsum Board Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Gypsum Board Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Gypsum Board Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Gypsum Board Market, Revenues & Volume, By End-Use, 2021 - 2031 |
12 Middle East Gypsum Board Market, Overview & Analysis |
12.1 Middle East Gypsum Board Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Gypsum Board Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Gypsum Board Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Gypsum Board Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Gypsum Board Market, Revenues & Volume, By End-Use, 2021 - 2031 |
13 Global Gypsum Board Market Key Performance Indicators |
14 Global Gypsum Board Market - Export/Import By Countries Assessment |
15 Global Gypsum Board Market - Opportunity Assessment |
15.1 Global Gypsum Board Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Gypsum Board Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Gypsum Board Market Opportunity Assessment, By End-Use, 2021 & 2031F |
16 Global Gypsum Board Market - Competitive Landscape |
16.1 Global Gypsum Board Market Revenue Share, By Companies, 2024 |
16.2 Global Gypsum Board Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |