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Gypsum Board Market

Global Gypsum Board Market Size, Share, Trends, Forecast: By Type: Standard, Type X, Others; By Product: Wallboard, Ceiling, Pre-decorated, Others; By End Use: Residential, Commercial, Industrial, Institutional, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Gypsum Board Market Outlook

The global gypsum board market reached a value of about USD 29.51 billion in 2023. The market is expected to reach a value of USD 46.97 billion by 2032, at a projected CAGR of 5.3% over the forecast period.

 

Gypsum Board Market

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Extensive Application of the Product in End Use Industries to Aid the Market Growth of Gypsum Board

North America is a significant market for gypsum board. Factors such as a strong demand for sustainable construction, combined with the rapid introduction of new technologies and the availability of trained labour, have influenced the regional market positively. Another main factor driving the growth of the market is the rising residential and commercial construction spending in the area. In addition, the emergence of prominent producers in the area is expected to stimulate demand over the forecast period. The Asia Pacific is expected to report a substantial growth rate in the gypsum board industry during the forecast period. Increasing construction projects in China and India, along with the well-established construction industry in the area, is expected to fuel commodity demand, thus boosting business growth in the coming years.

 

Gypsum Board: Market Segmentation

Gypsum board, generally referred to as drywall, is the premier construction material for wall, roof, and partition schemes in industrial, institutional, and industrial buildings because of its intrinsic fire resistance. Crafted to have a monolithic surface while a joint treatment device covers joints and fastener heads, gypsum materials can provide sound control, economy, flexibility, consistency, and convenience.

 

Gypsum Board Market by Segments

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The market is segmented on the basis of type into:

  • Standard
  • Type X
  • Others

The market is categorised in terms of product into:

  • Wallboard
  • Ceiling
  • Pre-decorated
  • Others

The market is divided on the basis of end use into:

  • Residential
  • Commercial
  • Industrial
  • Institutional
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Gypsum Board Market by Region

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Aesthetic Improvements in the Building Structures to Aid the Market Growth of Gypsum Board

Over the past few years, the global gypsum board industry has seen phenomenal growth and is projected to witness substantial growth during the forecast period as well. This could be attributed to the rising demand from end use industries across the world. In this new age, technology has changed in the building industry, and the rising demand for aesthetic improvements in the building structures has boosted the market for gypsum board as the product has the flexibility for creating innovative designs and textures on the surface. Over the decades, the construction industry has created ample prospects for growth in the industry. Emerging markets, in particular, are increasing their investment in infrastructure. Furthermore, factors like the increasing urbanisation, rising residential industry, and many advantages of gypsum board are propelling the market growth of gypsum board.

 

Key Industry Players in the Global Gypsum Board Market

The report gives a detailed analysis of the following key players in the global gypsum board market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Saint Gobain
  • Knauf Gips KG
  • Georgia-Pacific LLC
  • USG BORAL
  • Etex Group
  • LafargeHolcim Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • End Use
  • Region
Breakup by Type
  • Standard
  • Type X
  • Others
Breakup by Product
  • Wallboard
  • Ceiling
  • Pre-decorated
  • Others
Breakup by End Use
  • Residential
  • Commercial
  • Industrial
  • Institutional
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Saint Gobain
  • Knauf Gips KG
  • Georgia-Pacific LLC
  • USG BORAL
  • Etex Group
  • LafargeHolcim Ltd
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Gypsum Board Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Gypsum Board Historical Market (2018-2023) 
    8.3    Global Gypsum Board Market Forecast (2024-2032)
    8.4    Global Gypsum Board Market by Type
        8.4.1    Standard
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Type X
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Gypsum Board Market by Product
        8.5.1    Wallboard
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Ceiling
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
        8.5.3    Pre-decorated
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2023)
            8.5.3.3    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Gypsum Board Market by End Use
        8.6.1    Residential
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Commercial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2021-2027)
        8.6.3    Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Institutional
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Gypsum Board Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Saint Gobain
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Knauf Gips KG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Georgia-Pacific LLC
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    USG BORAL
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Etex Group
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    LafargeHolcim Ltd
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Gypsum Board Market: Key Industry Highlights, 2017 and 2027
2.    Global Gypsum Board Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Gypsum Board Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Gypsum Board Historical Market: Breakup by Product (USD Billion), 2018-2023
5.    Global Gypsum Board Market Forecast: Breakup by Product (USD Billion), 2024-2032
6.    Global Gypsum Board Historical Market: Breakup by Application (USD Billion), 2018-2023
7.    Global Gypsum Board Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.    Global Gypsum Board Historical Market: Breakup by End Use (USD Billion), 2018-2023
9.    Global Gypsum Board Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10.    Global Gypsum Board Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Gypsum Board Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Gypsum Board Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Gypsum Board Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Gypsum Board Market Structure

Key Questions Answered in the Report

In 2023, the global gypsum board market attained a value of nearly USD 29.51 billion.

The market is projected to grow at a CAGR of 5.3% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 46.97 billion by 2032.

The major drivers of the market include rising disposable incomes, increasing urbanisation, rising demand from the end-use industries, and extensive applications of the product.

The key trends in the market include the increasing government investment in infrastructure, especially in the emerging economies.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. 

The major types of gypsum board are standard, type X, among others.

The significant products of gypsum board are wallboard, ceiling, and pre-decorated, among others.

The major end uses include residential, commercial, industrial, and institutional, among others.

The major players in the market are Saint Gobain, Knauf Gips KG, Georgia-Pacific LLC, USG BORAL, Etex Group, and LafargeHolcim Ltd, among others.

Analyst Review

The global gypsum board market attained a value of USD 29.51 billion in 2023, driven by the rapid urbanisation and rising demand from the end use industries. Aided by the increasing government investment in infrastructure, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.3%. The market is projected to reach USD 46.97 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the gypsum board industry can be segmented into standard, type X, among others. On the basis of products, the market is segmented into wallboard, ceiling, and pre-decorated, among others. By end use, the industry is categorised into residential, commercial, industrial, and institutional, among others. The major regional markets for gypsum board are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Saint Gobain, Knauf Gips KG, Georgia-Pacific LLC, USG BORAL, Etex Group, and LafargeHolcim Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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