Global Gypsum Board Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Regular Gypsum Boards, Fire & Moisture Resistant Boards, and Others.

By Product;

Wallboard, Ceiling Board, Pre-decorated Board, and Others.

By Application;

Pre-Engineered Metal Buildings, Residential, Industrial, Commercial, and Institutional.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn562463089 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Gypsum Board Market (USD Million), 2021 - 2031

In the year 2024, the Global Gypsum Board Market was valued at USD 69,943.95 million. The size of this market is expected to increase to USD 150,799.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.

The Global Gypsum Board Market is a pivotal sector within the construction materials industry, representing a fundamental component of modern building construction and interior design. Gypsum boards, also known as drywall or plasterboard, are widely used for interior walls, ceilings, and partitions due to their versatility, cost-effectiveness, and ease of installation. The market for gypsum boards encompasses a wide range of products tailored to meet the diverse needs of residential, commercial, industrial, and institutional construction projects worldwide.

The Global Gypsum Board Market is influenced by trends in green building practices, sustainability initiatives, and energy efficiency standards, which drive demand for eco-friendly and high-performance building materials. Gypsum boards are inherently sustainable and recyclable, contributing to LEED certification and other green building rating systems that prioritize environmental stewardship and resource conservation. Manufacturers are increasingly offering innovative gypsum board products with enhanced features such as moisture resistance, mold resistance, and acoustic performance, catering to the evolving needs of environmentally conscious builders, designers, and occupants. As sustainability becomes a key consideration in construction decision-making, the adoption of gypsum boards with superior environmental performance is expected to drive market growth and innovation in the coming years.

The Global Gypsum Board Market is supported by demand from renovation, remodeling, and repair activities in both residential and commercial sectors. Gypsum boards are versatile and adaptable building materials that can be easily installed, repaired, and modified to accommodate changing design preferences and functional requirements. Renovation projects often involve the replacement or upgrading of interior wall and ceiling systems, providing opportunities for gypsum board manufacturers and suppliers to supply products that meet the needs of modernization and refurbishment projects. Moreover, the versatility and flexibility of gypsum boards make them ideal choices for interior design applications such as decorative wall panels, curved ceilings, and custom partitions, contributing to their widespread use in diverse architectural styles and building designs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Gypsum Board Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Construction Industry
        2. Urbanization
        3. Renovation and Remodeling Activities
        4. Affordable Housing Initiatives
      2. Restraints
        1. Labor Shortages
        2. Volatility in Construction Sector
        3. Slowdown in Real Estate Sector
        4. Trade Disputes
      3. Opportunities
        1. Fire and Soundproofing Requirements
        2. Infrastructure Development Projects
        3. Expansion of Commercial and Residential Sectors
        4. Sustainable Construction Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Gypsum Board Market, By Type, 2021 - 2031 (USD Million)
      1. Regular Gypsum Boards
      2. Fire
      3. Moisture Resistant Boards
      4. Others
    2. Global Gypsum Board Market, By Product, 2021 - 2031 (USD Million)
      1. Wallboard
      2. Ceiling Board
      3. Pre-decorated Board
      4. Others
    3. Global Gypsum Board Market, By Application, 2021 - 2031 (USD Million)
      1. Pre-Engineered Metal Buildings
      2. Residential
      3. Industrial
      4. Commercial
      5. Institutional
    4. Global Gypsum Board Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. National Gypsum
      2. Beijing New Building Material
      3. Etex Group
      4. United Mining Industries
      5. Saint-Gobain Gyproc Middle East
      6. Lafarge Group
      7. AYHACO Group
  7. Analyst Views
  8. Future Outlook of the Market