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 News

In August 2022, CertainTeed plans to invest USD 1.1 million in the installation of recycling machinery at its Florida gypsum wallboard factory in Palatka. The renovation will decrease the site's CO2 emissions by 2260t per year while simultaneously increasing the recycled content of its wallboard products produced at the unit by 18,000t per year.
In February 2022, Etex completed the major acquisition of Australia's top-three plasterboard players. This strategic milestone enables Etex to expand its footprint in the country's well-developed construction market. The contribution of Australia's newly acquired plasterboard business to Etex's revenue in 2021 accounted for EUR 124 million.
In July 2022, Holcim acquired Cantillana, a leading specialty building solutions provider based in Belgium, with 2022 estimated net sales of EUR 80 million. This acquisition could strengthen Holcim's position in building renovation and energy efficiency solutions.

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

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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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