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Gypsum Board Market

ID: MRFR/PCM/0865-HCR
110 Pages
Tejas Chaudhary
October 2025

Gypsum Board Market Research Report Information by type (Regular Gypsum Board and Type X Gypsum Board), by applications (residential, institutional, commercial and others) and by product (gypsum wallboard and gypsum ceiling board) - Forecast to 2035

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Gypsum Board Market Summary

As per MRFR analysis, the Gypsum Board Market Size was estimated at 16.7 USD Million in 2024. The Gypsum Board industry is projected to grow from 18.22 USD Million in 2025 to 39.9 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 9.1 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Gypsum Board Market is experiencing a dynamic shift towards sustainability and technological integration.

  • North America remains the largest market for gypsum boards, driven by robust construction activities.
  • Asia-Pacific is identified as the fastest-growing region, reflecting increasing urbanization and infrastructure development.
  • The residential segment continues to dominate, while the commercial segment is rapidly expanding due to evolving workspace needs.
  • Rising construction activities and a growing demand for eco-friendly materials are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 16.7 (USD Million)
2035 Market Size 39.9 (USD Million)
CAGR (2025 - 2035) 9.1%

Major Players

Saint-Gobain (FR), USG Corporation (US), Knauf (DE), CertainTeed (US), Georgia-Pacific (US), National Gypsum Company (US), Etex Group (BE), Boral Limited (AU), Armstrong World Industries (US)

Gypsum Board Market Trends

The Gypsum Board Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and technological advancements. As construction activities continue to expand globally, the demand for lightweight, durable, and fire-resistant building materials is on the rise. Gypsum boards, known for their versatility and ease of installation, are increasingly favored in both residential and commercial projects. This trend is further supported by a growing emphasis on sustainable building practices, as gypsum boards are often manufactured from recycled materials and are fully recyclable at the end of their life cycle. Moreover, the market appears to be influenced by innovations in product offerings, such as moisture-resistant and soundproof gypsum boards, which cater to specific needs in various environments. The integration of smart technologies into building materials is also gaining traction, suggesting a potential shift towards more intelligent construction solutions. As the Gypsum Board Market evolves, stakeholders must remain vigilant to adapt to these changes and capitalize on emerging opportunities.

Sustainability Focus

There is a noticeable shift towards sustainable construction practices within the Gypsum Board Market. Manufacturers are increasingly prioritizing eco-friendly materials and processes, which aligns with global efforts to reduce environmental impact. This trend is likely to enhance the appeal of gypsum boards, as they can be produced from recycled content and are themselves recyclable.

Technological Innovations

The Gypsum Board Market is witnessing a wave of technological advancements that enhance product performance. Innovations such as moisture-resistant and soundproof boards are becoming more prevalent, addressing specific consumer needs. These developments may lead to increased adoption in various applications, from residential to commercial settings.

Smart Building Integration

The integration of smart technologies into construction materials is emerging as a significant trend in the Gypsum Board Market. As buildings become more connected, the demand for intelligent materials that can contribute to energy efficiency and user comfort is likely to grow. This trend suggests a future where gypsum boards play a crucial role in smart building solutions.

Gypsum Board Market Drivers

Rising Construction Activities

The Global Gypsum Board Market Industry experiences substantial growth driven by increasing construction activities worldwide. Urbanization and infrastructure development are key factors contributing to this trend. For instance, in 2024, the market is projected to reach 62.2 USD Billion, reflecting a robust demand for gypsum boards in residential and commercial buildings. The shift towards sustainable construction practices further enhances the appeal of gypsum boards, given their eco-friendly properties. As cities expand and new projects emerge, the demand for lightweight, versatile building materials like gypsum boards is likely to rise, positioning the industry for continued expansion.

Market Segment Insights

By Application: Residential (Largest) vs. Commercial (Fastest-Growing)

In the Gypsum Board Market, the application segment is primarily dominated by the residential sector, which holds the largest share due to the increasing demand for new housing construction and renovations. This segment benefits from trends towards sustainable building materials and improved design aesthetics in residential properties. Simultaneously, the commercial sector is experiencing rapid growth, driven by urbanization and increased investments in commercial construction projects, making it a critical segment for future expansion.

Residential: Dominant vs. Commercial: Emerging

The residential segment remains dominant in the Gypsum Board Market due to its foundational role in home construction and renovation. It caters to a diverse range of consumer preferences, focusing on aesthetics and functionality. Innovations in lightweight and eco-friendly gypsum boards cater specifically to the residential market, enhancing energy efficiency and design flexibility. Conversely, the commercial segment is emerging as a vital player, characterized by rapid growth in demand for office spaces, retail outlets, and public buildings. This segment drives trends towards advanced acoustical properties and durability, meeting the demands of larger spaces and modern construction techniques.

By Type: Regular Gypsum Board (Largest) vs. Moisture Resistant Gypsum Board (Fastest-Growing)

In the Gypsum Board Market, the Regular Gypsum Board holds the largest market share, favored for its versatility and cost-effectiveness in various applications, including residential and commercial construction. It is commonly used for wall and ceiling systems, establishing itself as a fundamental choice for builders and contractors due to its ease of installation and widespread availability. Meanwhile, the Moisture Resistant Gypsum Board, known for its enhanced durability against moisture, is rapidly gaining traction, particularly in areas prone to high humidity or moisture exposure such as bathrooms and kitchens. The growth of the Gypsum Board Market is significantly influenced by increasing urbanization and rising construction activities globally. Trends indicate that moisture-resistant options are increasingly being specified in designs to meet building codes and improve the performance of constructions in humid climates. Additionally, advances in manufacturing techniques and growing awareness among builders regarding the benefits of specialized gypsum boards further drive the demand for moisture resistant products, positioning them as a key player in market expansion in the coming years.

Regular Gypsum Board (Dominant) vs. Fire Resistant Gypsum Board (Emerging)

Regular Gypsum Board, recognized for its general-purpose usability, remains the dominant segment in the Gypsum Board Market. Its appeal lies in its affordability and functional applications across multiple sectors, making it the preferred choice for standard drywall systems. Conversely, the Fire Resistant Gypsum Board represents an emerging segment, particularly driven by stringent building regulations that mandate fire safety. This type is engineered to withstand higher temperatures, providing crucial protection in commercial and high-rise buildings where safety is paramount. As fire safety awareness increases, the fire-resistant variant is carving a niche market, supported by advancements in material sciences ensuring better performance and compliance with safety standards.

By Thickness: Thick Thickness (Largest) vs. Ultra-Thick Thickness (Fastest-Growing)

In the Gypsum Board Market, the thickness segment is divided primarily into three categories: Standard Thickness, Thick Thickness, and Ultra-Thick Thickness. Thick Thickness boards maintain the largest market share due to their widespread application in both residential and commercial structures, offering robust support and durability. Standard Thickness boards follow closely, appealing to consumers seeking cost-effective solutions for interior walls. Meanwhile, Ultra-Thick Thickness boards, while currently holding the smallest share, are rapidly gaining traction among builders looking for superior sound insulation and fire resistance, proving essential in high-demand commercial projects.

Standard Thickness (Dominant) vs. Ultra-Thick Thickness (Emerging)

Standard Thickness gypsum boards remain the dominant choice in the market, favored for their versatility and ease of installation. They serve as a reliable solution for a variety of applications, making them a staple in standard construction projects. In contrast, Ultra-Thick Thickness boards are emerging as a significant player, driven by an increase in demand for enhanced performance characteristics such as improved soundproofing and fire-resistance capabilities. This growing trend reflects a shift towards prioritizing safety and comfort in construction designs, positioning Ultra-Thick boards as a compelling choice for specialized applications in high-end residential and commercial spaces.

By End Use: New Construction (Largest) vs. Renovation (Fastest-Growing)

The Gypsum Board Market is predominantly driven by the New Construction segment, which holds a significant share due to ongoing infrastructure projects and housing developments. As urbanization accelerates, the demand for new residential and commercial spaces continues to rise, making new construction a central focus for manufacturers. Conversely, the Renovation segment is rapidly gaining traction as homeowners and businesses invest in upgrade projects, particularly in increasing the efficiency and aesthetic appeal of existing properties.

New Construction (Dominant) vs. Renovation (Emerging)

New Construction stands as the dominant force in the Gypsum Board Market, largely influenced by robust investments in infrastructure and development initiatives globally. This segment benefits from various trends, including sustainable building practices and innovative design concepts that prioritize energy efficiency. In contrast, the Renovation segment is emerging swiftly, propelled by rising consumer preferences for home improvements and renovations. This category sees increased demand for advanced gypsum board solutions that facilitate sustainable remodeling and can adapt to modern design requirements, making it a vital area of growth in the market.

Get more detailed insights about Gypsum Board Market

Regional Insights

North America : Market Leader in Gypsum Board

North America is poised to maintain its leadership in the gypsum board market, holding a significant share of 8.35 in 2024. The region's growth is driven by robust construction activities, particularly in residential and commercial sectors, alongside increasing demand for sustainable building materials. Regulatory support for energy-efficient construction practices further catalyzes market expansion, making it a focal point for innovation and investment. The competitive landscape in North America is characterized by the presence of major players such as USG Corporation, CertainTeed, and Georgia-Pacific. These companies are leveraging advanced technologies and sustainable practices to enhance product offerings. The U.S. remains the largest market, with Canada and Mexico also contributing to growth. The focus on renovation and remodeling projects is expected to sustain demand, ensuring North America's continued dominance in the gypsum board market.

Europe : Emerging Market with Growth Potential

Europe's gypsum board market is on a growth trajectory, with a market size of 4.5 in 2024. The region benefits from increasing investments in infrastructure and a shift towards eco-friendly construction practices. Regulatory frameworks promoting energy efficiency and sustainability are key drivers, encouraging the adoption of gypsum boards in various applications. The demand for lightweight and versatile building materials is also rising, further propelling market growth. Leading countries in this region include Germany, France, and the UK, where major players like Knauf and Saint-Gobain are actively competing. The competitive landscape is marked by innovation in product development and a focus on sustainability. The European market is witnessing a trend towards modular construction, which is expected to enhance the demand for gypsum boards. As stated by the European Commission, "The construction sector is crucial for achieving our climate goals, and sustainable materials are at the forefront of this transformation."

Asia-Pacific : Rapid Growth in Emerging Markets

The Asia-Pacific region is experiencing rapid growth in the gypsum board market, with a market size of 3.0 in 2024. This growth is primarily driven by urbanization, increasing population, and rising disposable incomes, leading to a surge in construction activities. Governments are also implementing favorable policies to boost infrastructure development, which is expected to further enhance demand for gypsum boards in residential and commercial projects. Key players in this region include Boral Limited and Etex Group, with significant market presence in countries like China, India, and Australia. The competitive landscape is evolving, with local manufacturers emerging alongside established global players. The focus on sustainable building practices and innovative product offerings is shaping the market dynamics, making Asia-Pacific a vital region for future growth in the gypsum board sector.

Middle East and Africa : Emerging Market with Untapped Potential

The Middle East and Africa (MEA) region presents untapped potential in the gypsum board market, with a market size of 0.85 in 2024. The growth is driven by increasing urbanization, infrastructure development, and a rising demand for affordable housing. Governments are investing in large-scale construction projects, which is expected to boost the demand for gypsum boards. Additionally, the region's focus on sustainable building practices is creating new opportunities for market players. Countries like the UAE, Saudi Arabia, and South Africa are leading the market, with key players such as National Gypsum Company and Armstrong World Industries establishing a presence. The competitive landscape is characterized by a mix of local and international companies, all vying for market share. As the region continues to develop, the gypsum board market is expected to grow significantly, driven by both residential and commercial construction projects.

Key Players and Competitive Insights

The Gypsum Board Market is currently characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include increasing construction activities, a rising demand for sustainable building materials, and advancements in manufacturing technologies. Major players such as Saint-Gobain (FR), USG Corporation (US), and Knauf (DE) are strategically positioned to leverage these trends. Saint-Gobain (FR) focuses on innovation and sustainability, emphasizing eco-friendly products, while USG Corporation (US) is enhancing its operational efficiency through digital transformation initiatives. Knauf (DE) is expanding its global footprint, particularly in emerging markets, thereby intensifying competition and shaping the market dynamics.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market structure appears moderately fragmented, with several key players exerting considerable influence. This fragmentation allows for a diverse range of products and innovations, yet the collective strength of these companies fosters a competitive environment where differentiation is crucial.

In November 2025, USG Corporation (US) announced the launch of a new line of high-performance gypsum boards designed for enhanced fire resistance. This strategic move not only addresses growing safety concerns in construction but also positions USG as a leader in product innovation. The introduction of these boards is likely to attract a segment of the market that prioritizes safety and compliance with stringent building codes.

In October 2025, Knauf (DE) completed the acquisition of a regional competitor, which is expected to bolster its market share in Europe. This acquisition reflects Knauf's strategy to consolidate its position in key markets and expand its product offerings. By integrating the acquired company’s capabilities, Knauf may enhance its operational efficiencies and broaden its customer base, thereby reinforcing its competitive edge.

In September 2025, Saint-Gobain (FR) unveiled a new digital platform aimed at streamlining customer interactions and improving service delivery. This initiative underscores the company's commitment to digital transformation, which is increasingly vital in today’s market. By enhancing customer engagement through technology, Saint-Gobain is likely to improve customer loyalty and retention, further solidifying its market position.

As of December 2025, current competitive trends indicate a pronounced shift towards digitalization, sustainability, and the integration of AI technologies within the Gypsum Board Market. Strategic alliances are becoming more prevalent, as companies seek to enhance their capabilities and market reach. The competitive differentiation is expected to evolve from traditional price-based strategies to a focus on innovation, technological advancements, and supply chain reliability. This shift suggests that companies that prioritize these areas will likely emerge as leaders in the market.

Key Companies in the Gypsum Board Market market include

Industry Developments

  • Q1 2024: Knauf Egypt inaugurates third gypsum board factory with €80 million investment Knauf Egypt opened its third gypsum board manufacturing facility, investing €80 million to boost annual production capacity by 60 million square meters and support local employment and skills development.
  • Q1 2024: Saint-Gobain Gyproc launches new gypsum wallboard products in India Saint-Gobain Gyproc introduced innovative gypsum wallboards—Habito Standard, Rigiroc, and Glasroc X—along with new ceiling tiles, targeting evolving construction needs in India and neighboring countries.

The market is segmented on the basis of type into:

    • Standard
    • Type X
    • Others

The market is categorized 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

Global Market, By Region:

North America

    • United States
    • Mexico
    • Canada

Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Russia

Asia-Pacific

    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia

Middle East & Africa

    • South Africa
    • Saudi Arabia
    • UAE
    • Qatar

South America

    • Brazil
    • Colombia
    • Argentina

Future Outlook

Gypsum Board Market Future Outlook

The Gypsum Board Market is projected to grow at a 9.1% CAGR from 2024 to 2035, driven by urbanization, sustainable construction practices, and increased demand for lightweight building materials.

New opportunities lie in:

  • Expansion into eco-friendly gypsum board production lines.
  • Development of smart gypsum board with integrated technology.
  • Partnerships with construction firms for bulk supply agreements.

By 2035, the Gypsum Board Market is expected to solidify its position as a leader in sustainable building materials.

Market Segmentation

Gypsum Board Market Type Outlook

  • Regular Gypsum Board
  • Moisture Resistant Gypsum Board
  • Fire Resistant Gypsum Board
  • Soundproof Gypsum Board

Gypsum Board Market End Use Outlook

  • New Construction
  • Renovation
  • Repair

Gypsum Board Market Thickness Outlook

  • Standard Thickness
  • Thick Thickness
  • Ultra-Thick Thickness

Gypsum Board Market Application Outlook

  • Residential
  • Commercial
  • Industrial
  • Institutional

Report Scope

MARKET SIZE 202416.7(USD Million)
MARKET SIZE 202518.22(USD Million)
MARKET SIZE 203539.9(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)9.1% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledSaint-Gobain (FR), USG Corporation (US), Knauf (DE), CertainTeed (US), Georgia-Pacific (US), National Gypsum Company (US), Etex Group (BE), Boral Limited (AU), Armstrong World Industries (US)
Segments CoveredApplication, Type, Thickness, End Use
Key Market OpportunitiesGrowing demand for sustainable building materials drives innovation in the Gypsum Board Market.
Key Market DynamicsRising demand for sustainable building materials drives innovation and competition in the gypsum board market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Tejas Chaudhary
Research Analyst Level II

I have a degree in Engineering (Civil), with masters in Business Administration (Marketing). With more than 4 years of experience in market research and consulting, I am involved in end-to-end process of market research, proposals, project kickoffs and delivery. I have research knowledge and expertise in consumer goods/packaging domain. Also I have worked for various other domains like construction & equipment. Effectively managed and delivered more than 60 report studies for regional as well as global clientele.

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FAQs

What is the major reason driving the global gypsum board market ahead?

The hike in construction-related activities would boost the gypsum board market.

Which region would lead the gypsum board market?

The gypsum board market would be led by the APAC region.

What are the types included in the market report?

The market report has types like regular gypsum board and type x gypsum board.

What are the applications included in the market report for a study?

The applications are residential, institutional, commercial, and others.

Name the products included in the market report?

The product-wise segmentation leads to a gypsum wallboard, and gypsum ceiling board.

Which region would lead the gypsum board market?

The Asia pacific region would lead the gypsum board market.

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