Gypsum Board Market Strategies, Top Players, Growth, Analysis, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Gypsum Board Market covers analysis by Product (Wallboard, Ceiling Board, Pre-Decorated Boards, Others); Application (Pre-engineered Metal Building, Residential, Industrial, Commercial, Institutional) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Oct 2025
  • Report Code : TIPRE00010891
  • Category : Chemicals and Materials
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jan 2025

AI overview of Gypsum Board Market


The Gypsum Board Market is poised for significant growth, with a projected market size reaching US$ XX million by 2031, reflecting a robust CAGR of 9.8% from 2025 to 2031. This growth is driven by the expanding construction industry and increasing home renovation trends, which are reshaping the demand landscape. The market is segmented into various types, including wallboard and ceiling board, and spans applications across residential, commercial, and industrial sectors. Notably, the rising demand for eco-friendly gypsum boards in sustainable construction is a key trend influencing market dynamics. As urbanization accelerates and infrastructure development continues, the Gypsum Board Market is set to capitalize on these opportunities, ensuring a vibrant future for stakeholders.


The Gypsum Board Market is expected to register a CAGR of 9.8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by type (wallboard, ceiling board, pre-decorated board, and others). The report further presents an analysis based on the application (residential, commercial, industrial, institutional, and pre-engineered metal buildings). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Gypsum Board Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Gypsum Board Market Segmentation

Type

  • Wallboard
  • Ceiling Board
  • Pre-decorated Board

Application

  • Residential
  • Commercial
  • Industrial
  • Institutional
  • Pre-engineered Metal Buildings

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Gypsum Board Market: Strategic Insights

gypsum-board-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Gypsum Board Market Growth Drivers

  • Expanding Construction Industry: An expanding construction industry is seen to be largely driving the gypsum board market in terms of residential and commercial projects, reflecting the increasing number of such projects. The rising demand for these lightweight, fire-resistant gypsum boards-easy to install-plays a great role in their making, with regards to what they ensure for walls and ceilings, thus contributing to overall construction efficiency and effectiveness.
  • Home Renovation Trends: The rising trends of home renovation and remodeling increase the demand for gypsum boards. This is because the aesthetic appeal of gypsum boards attracts more homeowners to it in addition to its insulation, making living areas more comfortable and enhanced. Improved energy efficiency and other enhanced and modern designs in residential and commercial buildings is a drive behind these trends.
  • Home Renovation Trends: One of the major growth drivers for the gypsum board market includes strict building and fire safety guidelines. The more stringent safety standards embraced by governments and regulatory bodies require increased usage of fire-resistant materials such as gypsum boards to ensure that these requirements are met. Consequently, it spurs their adoption in other construction projects, thus making them safe as well as durable.

Gypsum Board Market Future Trends

  • Growing Demand for Eco-Friendly Gypsum Boards in Sustainable Construction: growing demand for sustainable construction practices finds eco-friendly gypsum board in demand from consumers and manufacturers. Manufacturers of boards are increasingly producing boards using recycled materials and claiming recyclability. Gypsum boards are considered ideal from the perspective of reducing environmental impacts on the global level, which appeals to environmentally conscious builders and consumers.
  • Innovations in Moisture-Resistant and Soundproof Gypsum Boards Drive Market Growth: In the case of gypsum board innovations, there are specific, moisture-resistant, and soundproof types. These types fulfill the need in construction for certain functionality or performance. Since builders often look for specific solutions to suit diverse applications, market opportunities grow as these advanced products enter the market.
  • Modular Construction Techniques: Modular building techniques are transforming the facade of the gypsum board market. Off-site construction is becoming highly appreciated among the builders, who need lightweight, easy-to-install materials. Gypsum boards precisely meet this requirement, ensuring fast assemblage and fewer on-site laborers, which spur growth and efficiency in modern construction projects.

Gypsum Board Market Opportunities

  • Opportunities in Rapid Urbanization and Infrastructure Development: Rapid urbanization and infrastructure development in emerging markets offer great opportunities for gypsum board manufacturers. The construction activity within the Asia-Pacific and African regions has been significantly on the rise, and with higher quality building materials in more demand, it will be a growing market that will result in higher sales and market penetration for gypsum board makers.
  • Technological Innovations: More advanced installations of gypsum boards could be done in technology improvements that enhance the output and quality of gypsum boards. Manufacturing innovations can be designed to attain greater resistance against fires and other extreme conditions, superior performance characteristics, and even durability. Advanced technologies are, therefore, adopted by manufacturers for their products, and it enables them to differentiate their offerings and better meet the changing needs of the construction industry.
  • Leveraging Green Building Partnerships for Sustainable Product Marketing: Partnerships with green building organizations help gypsum board manufacturers market their products as environmentally friendly. Participation in certification programs and ecological labeling benefits the image of a brand through current environmentally-friendly consumers. The partnership with green building organizations will easily fit into the trend of developing and using more environmentally friendly materials that increases the market demand for sustainable gypsum board solutions.

Gypsum Board Market Regional Insights

The regional trends and factors influencing the Gypsum Board Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Gypsum Board Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Gypsum Board Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 9.8%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Wallboard
  • Ceiling Board
  • Pre-decorated Board
By Application
  • Residential
  • Commercial
  • Industrial
  • Institutional
  • Pre-engineered Metal Buildings
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • American Gypsum
  • Beijing New Building Material Public Limited Company (BNBM Group)
  • BGC (Australia) PTY Ltd
  • Chiyoda Ute Co. Ltd
  • Continental Building Products
  • Everest Industries Limited
  • Georgia-Pacific LLC
  • Global Gypsum Board Co. LLC (Gypcore)
  • Jason Plasterboard (Jiaxing) Co. Ltd

  • Gypsum Board Market Players Density: Understanding Its Impact on Business Dynamics

    The Gypsum Board Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


    gypsum-board-market-cagr

    • Get the Gypsum Board Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Gypsum Board Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Gypsum Board Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    1
    What is the furture trend for gypsum board market?
    The introduction of moisture-resistant and soundproof gypsum boards that cater to specific construction needs and expand market offerings is expected to be the key market trend.
    2
    Which regions are covered in the report?
    On the basis of geography, the gypsum board market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
    3
    What are the deliverable formats of the gypsum board market?
    The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
    4
    What are the key players operating in the gypsum board market?
    American Gypsum Co LLC, Beijing New Building Material PLC, Etex Group, Georgia-Pacific Gypsum LLC, Global Gypsum Board Co LLC, HOLCIM Ltd, Saint-Gobain, Jason Plasterboard (Jiaxing) Co Ltd, National Gypsum Services Co, and Osman Group
    5
    What is the expected CAGR of the Gypsum Board Market?
    The Gypsum Board Market is estimated to witness a CAGR of 9.8% from 2023 to 2031
    6
    What are the driving factors impacting the gypsum board market?
    The major factors driving the gypsum board market are:

    1. Increasing demand in residential and commercial construction boosts the gypsum board market due to its lightweight and fire-resistant properties.

    2. The trend of home renovation enhances gypsum board demand as homeowners seek improved aesthetics and energy efficiency.
    Habi Ummer
    Manager,
    Market Research & Consulting

    Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

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    Our Clients
    The List of Companies

    1. American Gypsum
    2. Beijing New Building Material Public Limited Company (BNBM Group)
    3. BGC (Australia) PTY Ltd
    4. Chiyoda Ute Co. Ltd
    5. Continental Building Products
    6. Everest Industries Limited
    7.Georgia-Pacific LLC
    8. Global Gypsum Board Co. LLC (Gypcore)
    9. Jason Plasterboard (Jiaxing) Co. Ltd
    10. USG Corporation (KNAUF)
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