Global Gypsum board market

Global Gypsum Board Market Size, Share, Growth Analysis, By Product(Wallboard, Ceiling Board), By Type(Standard, Type X), By Application(Pre-engineered Buildings, Residential) - Industry Forecast 2024-2031

Report ID: SQMIG15F2021 | Region: Global | Published Date: July, 2001
Pages: 157 | Tables: 93 | Figures: 76

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Gypsum Board Market size was valued at USD 44.98 billion in 2019 and is poised to grow from USD 50.47 billion in 2023 to USD 142.22 billion by 2031, growing at a CAGR of 12.20% in the forecast period (2024-2031).

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.'

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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Global Gypsum board market

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