What is the global market size of Gypsum Board Market?

Gypsum Board Market size was valued at USD 44.98 billion in 2021 and is poised to grow from USD 50.47 billion in 2022 to USD 142.22 billion by 2030, growing at a CAGR of 12.20% in the forecast period (2023-2030).

Who are the key vendors in the Global Gypsum Board Market?

Major corporations are concentrating their efforts on mergers and acquisitions of minor companies in the gypsum board market to broaden their geographical reach, production capacity, and product variety. Due to the presence of multiple international corporations, the market is extremely competitive. Increased R&D investments by the major firms in the creation of new product designs and textures are anticipated to exacerbate competition. 'Saint-Gobain S.A.', 'Knauf Gips KG', 'Georgia-Pacific LLC', 'USG Corporation', 'National Gypsum Company', 'Yoshino Gypsum Co. Ltd.', 'LafargeHolcim Ltd.', 'Beijing New Building Material (Group) Co. Ltd.', 'BGC (Australia) Pty Ltd.', 'Taishan Gypsum Co. Ltd.', 'Jason Plasterboard Co. Ltd.', 'CertainTeed Corporation', 'Continental Building Products Inc.', 'BNBM Group', 'Gyproc Saint-Gobain (Thailand) Ltd.', 'Ayhaco Gypsum Products Manufacturing', 'Gypsemna Company LLC', 'Global Mining Company LLC', 'Gyptech Systems Inc.', 'Beijing Beipeng New Building Materials Co. Ltd.'.

Gypsum Board Market Size, Share, Growth Analysis, By Product (Salt-Based Gypsum Board, Salt-Free Gypsum Board), By Application (Catalytic Softeners), By Region - Industry Forecast 2025-2032

Report ID: SQMIG15F2021 | Region: Global | Published Date: December, 2024
Pages: 157 | Tables: 93 | Figures: 76

Gypsum Board Market Regional Insights

Based on region global gypsum board market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

North America is dominating the global gypsum board market. Factors such as a high demand for sustainable building, as well as the quick adoption of new technology and the availability of skilled labour, have had a favourable impact on the regional market. Another major aspect driving market expansion is increased residential and commercial building spending.

Furthermore, the introduction of important producers in the region is likely to boost demand throughout the projection period. During the projected period, the Asia Pacific gypsum board market is expected to rise at a rapid pace. Increasing construction projects in China and India, as well as the region's well-established construction industry, are likely to fuel commodities demand, increasing business growth in the coming years.

Gypsum Board Market Report Snapshots

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Gypsum Board Market size was valued at USD 50.47 Billion in 2023 and is poised to grow from USD 56.63 Billion in 2024 to USD 159.57 Billion by 2032, growing at a CAGR of 12.20% during the forecast period (2025-2032).

Major corporations are concentrating their efforts on mergers and acquisitions of minor companies in the gypsum board market to broaden their geographical reach, production capacity, and product variety. Due to the presence of multiple international corporations, the market is extremely competitive. Increased R&D investments by the major firms in the creation of new product designs and textures are anticipated to exacerbate competition. 'Saint-Gobain S.A. ', 'Knauf Gips KG ', 'National Gypsum Company ', 'Yoshino Gypsum Co. Ltd. ', 'LafargeHolcim Ltd. ', 'Beijing New Building Material (Group) Co. Ltd. ', 'BGC (Australia) Pty Ltd. ', 'Jason Plasterboard Co. Ltd. ', 'BNBM Group ', 'Gyproc Saint-Gobain (Thailand) Ltd. ', 'Ayhaco Gypsum Products Manufacturing ', 'Gypsemna Company LLC ', 'Global Mining Company LLC ', 'Gyptech Systems Inc. ', 'Beijing Beipeng New Building Materials Co. Ltd.'

Drywall and gypsum boards are interchangeable with natural gypsum. The commercial and infrastructural sectors are two of the most major industries that employ drywall and gypsum boards. Furthermore, the global urban population is expected to increase by 68 percent by 2050. This will exacerbate the demand for infrastructure development or repairs to meet the needs of an ever-increasing population.

Recycling Trend Will Probably Reshape the Market: The recycling of gypsum board is driving the market in a new direction. Today, only a tiny amount of gypsum and board products are recycled, largely for use in the manufacture of new products.

Based on region global gypsum board market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

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Gypsum Board Market Size, Share, Growth Analysis, By Product (Salt-Based Gypsum Board, Salt-Free Gypsum Board), By Application (Catalytic Softeners), By Region - Industry Forecast 2025-2032

Gypsum Board Market Regional Insights

Gypsum Board Market Report Snapshots

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What is the global market size of Gypsum Board Market?

Who are the key vendors in the Gypsum Board Market?

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