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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 innovation.

  • North America remains the largest market for gypsum boards, driven by robust construction activities and urbanization.
  • Asia-Pacific is identified as the fastest-growing region, reflecting increasing demand for modern building solutions.
  • The residential segment continues to dominate the market, while the commercial segment is witnessing rapid growth due to urban expansion.
  • Rising demand for eco-friendly construction materials and technological innovations in production are key drivers of 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), Georgia-Pacific (US), Etex Group (BE), National Gypsum Company (US), CertainTeed (US), 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. The demand for lightweight, durable, and fire-resistant materials is on the rise, driven by the construction industry's focus on sustainability and energy efficiency. As urbanization accelerates globally, the need for innovative building solutions becomes increasingly apparent. This market appears to be adapting to these changes by introducing products that not only meet regulatory standards but also enhance aesthetic appeal. Furthermore, the integration of smart technologies into construction materials is likely to influence future developments in the Gypsum Board Market, suggesting a shift towards more intelligent building solutions. In addition, the growing emphasis on eco-friendly construction practices is shaping the landscape of the Gypsum Board Market. Manufacturers are exploring sustainable sourcing of raw materials and implementing recycling initiatives to reduce environmental impact. This trend indicates a broader commitment to sustainability within the industry, as stakeholders recognize the importance of minimizing carbon footprints. As the market evolves, it seems poised to embrace innovations that align with both consumer demands and environmental considerations, potentially leading to a more resilient and responsible construction sector.

Sustainability Initiatives

The Gypsum Board Market is increasingly influenced by sustainability initiatives, as manufacturers prioritize eco-friendly practices. This trend encompasses the use of recycled materials and the development of products that minimize environmental impact. Stakeholders are recognizing the importance of sustainable sourcing, which may lead to a more responsible approach to production.

Technological Advancements

Technological advancements are reshaping the Gypsum Board Market, with innovations enhancing product performance and functionality. The integration of smart technologies into building materials is becoming more prevalent, suggesting a future where Gypsum Boards not only serve structural purposes but also contribute to energy efficiency and smart building systems.

Urbanization and Infrastructure Development

Urbanization and infrastructure development are driving demand within the Gypsum Board Market. As cities expand and new construction projects emerge, the need for versatile and efficient building materials becomes critical. This trend indicates a robust market potential, as stakeholders seek solutions that cater to modern architectural demands.

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 segments are primarily distributed among Residential, Commercial, Industrial, and Institutional sectors. The Residential application has emerged as the largest segment due to the continuous demand for housing and renovation projects, which require significant amounts of gypsum boards. Conversely, the Commercial sector is witnessing rapid growth, driven by increasing investments in commercial real estate, particularly in developing urban areas. This growth is indicative of a shifting focus towards modern commercial spaces that align with contemporary architectural designs. Growth trends in the Gypsum Board Market are largely influenced by rising construction activities, particularly in the Residential and Commercial segments. With urbanization and population growth, the demand for housing, schools, and office spaces is accelerating. Additionally, the rising focus on sustainable construction materials is promoting the use of gypsum boards, known for their eco-friendly properties. As a result, segments such as Commercial are evolving with innovative applications, making them the fastest-growing segments in the industry.

Residential (Dominant) vs. Industrial (Emerging)

The Residential segment of the Gypsum Board Market remains the dominant application, fueled by increased housing construction and renovation activities. This segment benefits from consumer preferences for durable and aesthetically pleasing interiors. Gypsum boards are favored in homes for their fire-resistance and soundproofing qualities, which enhance living spaces. In contrast, the Industrial application is an emerging segment, characterized by increasing demand for gypsum boards in manufacturing facilities and warehouses. While the Residential segment thrives on volume, the Industrial segment is developing innovations in product use, providing tailored solutions for industrial needs. Together, these segments illustrate a diverse range of applications, each contributing to the market’s overall growth.

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

The gypsum board market is segmented into four key types: Regular Gypsum Board, Moisture Resistant Gypsum Board, Fire Resistant Gypsum Board, and Soundproof Gypsum Board. Regular Gypsum Board holds the largest market share due to its wide applicability in both residential and commercial construction. In contrast, Moisture Resistant Gypsum Board is rapidly gaining traction, particularly in areas where humidity control is essential, thus positioning itself as the fastest-growing segment in this market.

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

Regular Gypsum Board is the backbone of the gypsum board market, renowned for its versatility and cost-effectiveness. It is primarily used in a variety of drylining applications, making it the go-to choice for builders and contractors. On the other hand, Moisture Resistant Gypsum Board is designed specifically for environments prone to moisture, such as bathrooms and kitchens, and is gaining popularity due to an increasing emphasis on building durability and climate resilience. The demand for this segment is driven by heightened awareness of water damage risks and the growing trend of sustainable building practices.

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

In the Gypsum Board Market, the segmentation by thickness indicates a prominent market share held by Standard Thickness boards. This segment is widely preferred in residential and commercial applications, accounting for a significant portion of total gypsum board demand. Meanwhile, Thick Thickness and Ultra-Thick Thickness segments are gaining traction, with Ultra-Thick boards primarily used for specialized applications where enhanced durability and sound insulation are required. Growth trends show a steady rise in demand for Ultra-Thick Thickness boards, driven by the increasing awareness of noise pollution control and the need for fire-resistant materials in construction. As builders and architects seek innovative solutions that align with sustainability and energy efficiency criteria, these thicker boards are expected to see robust growth in the coming years.

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

Standard Thickness gypsum boards dominate the market due to their versatility and cost-effectiveness, making them the go-to choice for many construction projects. These boards are lightweight and easy to handle, which streamlines the installation process, appealing to contractors and builders alike. On the other hand, Ultra-Thick Thickness gypsum boards are rapidly emerging as a preferred alternative in sectors requiring enhanced sound insulation and fireproofing. Their robust construction allows them to withstand harsh conditions, catering to a niche segment of the market focused on premium residential and commercial applications. As building codes evolve to prioritize safety and performance, both segments are expected to coexist, with Standard Thickness maintaining a larger share while Ultra-Thick Thickness captures growing attention.

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

In the Gypsum Board Market, the distribution among the end-use segments reveals that New Construction holds the largest share, driven by the continuous rise in housing demand and infrastructure projects. This segment benefits greatly from urbanization and new developments, making it a critical area for gypsum board manufacturers. Meanwhile, the Renovation segment is emerging as a key player, with increasing investments in home improvement projects reflecting a significant shift towards enhancing existing structures. This indicates a healthy competition within the sector as both segments vie for market attention.

New Construction (Dominant) vs. Renovation (Emerging)

The New Construction segment is dominant in the Gypsum Board Market, primarily fueled by urban expansion and rising population needs. This segment thrives on large-scale projects, emphasizing efficiency and sustainability in construction practices. In contrast, the Renovation segment is considered emerging, gaining momentum as homeowners prioritize upgrading and maintaining existing properties over new builds. Factors such as changing lifestyle preferences and the desire for modernized spaces contribute to this segment's fast growth. Both segments reflect the evolving landscape of construction and remodeling, illustrating a dynamic interplay between new developments and renovation efforts.

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.

Gypsum Board Market Regional Image

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) has been enhancing its digital transformation initiatives to streamline operations. Knauf (DE) is actively pursuing regional expansion, particularly in emerging markets, which collectively shapes a competitive environment that is increasingly focused on sustainability and technological advancement.

In terms of business tactics, companies are localizing manufacturing to reduce costs and optimize supply chains. The market structure appears moderately fragmented, with several key players exerting influence over their respective regions. This fragmentation allows for a diverse range of products and innovations, although it also intensifies competition among established and emerging firms.

In November 2025, USG Corporation (US) announced a partnership with a leading technology firm to develop AI-driven solutions for optimizing production processes. This strategic move is likely to enhance operational efficiency and reduce waste, aligning with the growing emphasis on sustainability within the industry. The integration of AI technologies may also provide USG with a competitive edge in terms of product quality and customer satisfaction.

In October 2025, Knauf (DE) launched a new line of eco-friendly gypsum boards designed to meet stringent environmental standards. This initiative not only reflects Knauf's commitment to sustainability but also positions the company favorably in a market increasingly driven by eco-conscious consumers. The introduction of these products could potentially capture a significant share of the market, particularly among builders and contractors prioritizing green building practices.

In September 2025, Saint-Gobain (FR) expanded its manufacturing capabilities in North America by investing €50 million in a new facility. This expansion is indicative of the company's strategy to enhance its production capacity and meet the growing demand for gypsum boards in the region. Such investments are crucial for maintaining competitive advantage and ensuring supply chain reliability in a rapidly evolving market.

As of December 2025, current competitive trends are heavily influenced by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming increasingly important, as companies seek to enhance their capabilities and market reach. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, suggesting a transformative shift in how companies position themselves in the Gypsum Board Market.

Key Companies in the Gypsum Board 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, construction demand, and sustainability trends.

New opportunities lie in:

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

By 2035, the Gypsum Board Market is expected to achieve substantial growth, reflecting evolving industry dynamics.

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), Georgia-Pacific (US), Etex Group (BE), National Gypsum Company (US), CertainTeed (US), 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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