Global Gypsum Board Market Outlook, 2029

The Global Gypsum Board is segmented into By Product (Wallboard, Ceiling Board, Pre-decorated Board and others) and By Application (Residential, Industrial, Commercial and others (Pre-Engineered metal building and Institutional)).

The Global Gypsum Board Market is anticipated to cross USD 100 Billion by 2029, increasing from USD 54.26 Billion in 2023 with 12.23% CAGR by 2024-29.

Gypsum Board Market Market Analysis

Gypsum board, also known as drywall, plasterboard, or wallboard, is a construction material that is widely used in modern buildings for creating interior walls and ceilings. It has become the standard choice for interior finishing due to its affordability, ease of installation, versatility, and fire-resistant properties. Gypsum board is composed of a core made from gypsum, a soft sulfate mineral, sandwiched between two sheets of thick paper or other facing materials. The gypsum core is treated with additives to enhance its strength, moisture resistance, and fire resistance. The board is available in various thicknesses, typically ranging from 6.4mm to 15.9mm, depending on the application and building codes. Gypsum board is used primarily for creating interior walls and ceilings in residential, commercial, and institutional buildings. It serves as a surface for painting, wallpapering, or applying other finishes. Additionally, gypsum board is used for creating decorative elements such as arches, columns, and coffered ceilings. Specialized types of gypsum board, such as moisture-resistant and fire-resistant varieties, are available for use in areas like bathrooms, kitchens, and garages. Gypsum board comes in different types tailored for specific applications. Regular gypsum board offers inherent fire resistance, while Type X gypsum board is enhanced with special core additives for increased fire resistance. These boards are used for a variety of purposes, including wall and ceiling surfaces, base for tiles, exterior sheathing, and fire-resistant layers in buildings. Gypsum board possesses several key properties that make it a preferred building material. Firstly, its fire-resistant nature is a standout feature, as gypsum boards prevent the spread of fire due to the chemically bound water within the gypsum core. Additionally, gypsum offers thermal properties that help regulate humidity and temperature, contributing to energy efficiency in buildings. Moreover, the acoustic properties of gypsum boards make them ideal for sound isolation, absorbing sound and reducing reverberation. As the construction industry becomes more environmentally conscious, the recycling of gypsum board has become a growing trend. Many manufacturers now offer recycled gypsum board products, and recycling programs for used boards are becoming more common. This aligns with the industry's sustainability goals and supports the continued popularity. According to the research report, “Global Gypsum Board Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 100 Billion by 2029, increasing from USD 54.26 Billion in 2023. The market is expected to grow with 12.23% CAGR by 2024-29. The construction industry is a key driver of gypsum board demand. As the global population continues to grow, the need for residential, commercial, and institutional buildings are increasing. Urbanization and infrastructure development projects contribute to the demand for gypsum board, as it is a cost-effective and versatile material for interior construction. Gypsum board is an affordable material, making it an economical option for large-scale construction projects. It is more budget-friendly than other alternatives, such as plaster, and its ease of installation reduces labor costs. Builders and contractors prefer using gypsum board for its overall cost savings. The material is lightweight and can be easily cut to size, making it simple to handle and install. Additionally, the process of attaching, taping, and mudding gypsum board is straightforward, allowing for efficient construction timelines. Gypsum board's inherent fire-resistant properties make it a preferred choice for interior construction. The gypsum core contains water molecules, which, when exposed to heat, release water vapor and help slow the spread of fire. This characteristic enhances building safety and compliance with fire safety regulations. Gypsum board provides a level of sound insulation, reducing noise transmission between rooms. This makes it a desirable material for both residential and commercial projects, where noise control is essential for comfort and productivity. Advancements in gypsum board technology have led to the development of specialized products such as moisture-resistant, mold-resistant, and impact-resistant boards. These innovations expand the range of applications for gypsum board, allowing it to be used in areas such as bathrooms, kitchens, and high-traffic spaces. It offers aesthetic versatility, providing a smooth, even surface that can be finished with a variety of paints, wallpapers, and textures. This flexibility allows designers and architects to achieve different visual effects and create customized interior spaces.

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Market Dynamic

Market DriversUrbanization and Population Growth: The ongoing trend of urbanization and population growth is one of the major drivers of gypsum board demand. As more people move to urban areas, the need for housing, commercial spaces, and infrastructure increases. Gypsum board is a key material in the construction of these buildings due to its affordability, versatility, and fire-resistant properties. Additionally, urbanization often requires rapid construction, making gypsum board's ease of installation a crucial advantage. • Sustainability and Green Building Initiatives: Sustainability and green building initiatives are increasingly influencing the construction industry. Gypsum board manufacturers are responding to this demand by offering products that incorporate recycled materials and have lower environmental impact. Gypsum board's recyclability and potential for reduced energy consumption in production align with the goals of green building certifications, such as LEED. As sustainable construction practices gain prominence, the demand for gypsum board as an eco-friendly material continues to grow. Market ChallengesEnvironmental Concerns: Although gypsum board can be recycled, its production and disposal can still pose environmental challenges. The extraction of gypsum and the manufacturing process consume energy and water resources, contributing to a larger carbon footprint. Additionally, disposing of used gypsum board in landfills can lead to potential leaching of sulfur compounds, which can negatively impact soil and water quality. Addressing these environmental concerns is a challenge for the industry and requires a focus on sustainable production and disposal methods. • Raw Material Availability and Price Fluctuations: Gypsum board relies on gypsum, a natural mineral, as its primary raw material. Fluctuations in gypsum availability and price can impact the cost of gypsum board production. Factors such as mining regulations, transportation costs, and supply chain disruptions can influence gypsum supply and pricing, posing a challenge for gypsum board manufacturers and construction companies that rely on consistent and affordable access to the material. Market TrendsInnovative Product Development: One emerging trend in the gypsum board industry is the development of innovative products that cater to specific needs and applications. Examples include moisture-resistant gypsum board for use in bathrooms and kitchens, mold-resistant gypsum board for humid environments, and impact-resistant gypsum board for high-traffic areas. These specialized products expand the range of applications for gypsum board and provide solutions to specific construction challenges. • Digitalization and Automation in Construction: The construction industry is increasingly adopting digital technologies and automation, which is impacting the way gypsum board is installed and finished. Building Information Modeling (BIM) software allows for precise planning and installation of gypsum board, reducing waste and improving efficiency. Robotics and automated equipment are also being developed to assist with the installation of gypsum board, potentially speeding up construction timelines and reducing labor costs.

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Gypsum Board Market Segmentation

By Product Wallboard
Ceiling Board
Pre-decorated Board
Others
By Application Residential
Industrial
Commercial
Others (Pre-Engineered metal building and Institutional)
GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Asia-PacificChina
Japan
India
Australia
South Korea
South AmericaBrazil
Argentina
Colombia
MEAUnited Arab Emirates
Saudi Arabia
South Africa

Wallboard is leading in the gypsum board industry due to its versatility and ease of installation, which makes it the preferred choice for creating interior walls and ceilings in modern construction projects. Wallboard, also known as gypsum board, has become the standard material for creating interior walls and ceilings in residential, commercial, and institutional buildings. This dominance can be attributed to several key factors that make wallboard an exceptional construction material, suitable for a wide range of applications. Wallboard offers unparalleled versatility, allowing for seamless installation in various types of projects. Whether the goal is to create simple, flat walls or more complex architectural features such as arches, niches, or coffered ceilings, wallboard can be easily cut, shaped, and installed to meet the desired design. Its compatibility with a wide variety of finishes—such as paint, wallpaper, and textured coatings—further enhances its aesthetic appeal and flexibility. The ease of installation is another major reason for wallboard's leading position in the industry. Wallboard is lightweight and can be easily maneuvered and cut to size on-site, simplifying the installation process. This ease of handling reduces the need for specialized labor, streamlining construction timelines and minimizing labor costs. Moreover, wallboard is attached to framing using common tools such as screws or nails, and seams can be finished with tape and joint compound for a smooth, seamless appearance. In addition to its versatility and ease of installation, wallboard offers excellent fire-resistant properties. The gypsum core contains water molecules, which are released as steam when exposed to heat. This process helps to slow the spread of fire and protect structural elements, contributing to safer building environments. Wallboard also provides a level of sound insulation, reducing noise transmission between rooms and enhancing overall comfort for occupants. Another significant advantage of wallboard is its cost-effectiveness. The material itself is relatively affordable, and its ease of installation further reduces labor costs. These factors make wallboard an economical choice for builders and contractors, particularly for large-scale projects where budget considerations are paramount. Wallboard's environmental impact is also worth noting. While there are concerns about the energy and resources used in its production and disposal, the industry is taking steps to mitigate these issues. Many manufacturers now offer wallboard products that incorporate recycled materials, and recycling programs for used wallboard are becoming more common. This focus on sustainability aligns with the growing demand for eco-friendly construction materials and practices. Furthermore, ongoing advancements in wallboard technology continue to expand its applications and improve its performance. Innovations such as moisture-resistant, mold-resistant, and impact-resistant wallboard cater to specific needs in different environments, making wallboard an even more versatile material. The residential sector leads the gypsum board industry due to the material's affordability, versatility, and ease of installation, making it the preferred choice for efficient and aesthetically pleasing interior wall and ceiling construction in homes. The residential sector plays a pivotal role in driving the gypsum board industry, as it is the primary market for the use of gypsum board in interior construction. This dominance is fueled by several key factors that make gypsum board a highly attractive choice for home builders and contractors. Compared to alternative materials like plaster or wood paneling, gypsum board offers a cost-effective solution for creating interior walls and ceilings. The relatively low cost of the material itself, combined with its quick installation process, helps keep construction budgets manageable and allows for efficient completion of residential projects. The versatility of gypsum board further cements its status as the go-to material in residential construction. Gypsum board can be easily cut to size and shaped to fit various architectural designs and layouts, whether it's creating flat walls, vaulted ceilings, or decorative features such as arches and niches. This adaptability enables architects and interior designers to achieve a wide range of aesthetic effects and customized interior spaces that cater to homeowners' preferences. Gypsum board is lightweight and can be quickly installed by a relatively small crew, reducing labor costs and streamlining construction timelines. The process involves attaching the boards to framing with screws or nails, followed by taping and mudding the seams for a smooth finish. This efficient installation process allows for faster project completion, minimizing disruptions for homeowners. The material's fire-resistant properties also make gypsum board an essential component of residential construction. Gypsum board's core contains water molecules that are released as steam when exposed to heat, helping to slow the spread of fire and enhance building safety. This characteristic is particularly important in residential settings, where protecting lives and property is of utmost concern. Gypsum board's ability to provide sound insulation is another key factor in its popularity in the residential sector. By reducing noise transmission between rooms and from the outside environment, gypsum board contributes to a more comfortable and peaceful living space for residents. Furthermore, the industry has responded to the specific needs of the residential market by offering specialized gypsum board products. These include moisture-resistant gypsum board for use in bathrooms and kitchens, mold-resistant board for damp areas, and impact-resistant board for high-traffic spaces. Such innovations address common challenges in residential construction and enhance the material's appeal. The residential sector's focus on sustainability has also influenced the industry.

Gypsum Board Market Market Regional Insights

The Asia-Pacific region leads the gypsum board industry due to rapid urbanization and population growth, which drive the construction of residential and commercial buildings and infrastructure projects, thereby increasing the demand for affordable and versatile construction materials such as gypsum board. The Asia-Pacific region's dominance in the gypsum board industry is primarily attributed to its rapid urbanization and population growth, which are fueling an unprecedented demand for new construction projects across residential, commercial, and infrastructure sectors. This demand for construction materials has positioned gypsum board as a key player in the region, as it offers a combination of affordability, versatility, and efficiency that aligns with the region's fast-paced development. Urbanization in the Asia-Pacific region has been occurring at a swift pace, with millions of people migrating from rural areas to cities in search of better opportunities. This population shift has led to a surge in the construction of new residential buildings to accommodate the growing urban population. Gypsum board's affordability and ease of installation make it an ideal choice for constructing interior walls and ceilings in these new housing projects. Moreover, the Asia-Pacific region's economic growth and industrialization have spurred the development of commercial buildings and infrastructure projects such as offices, shopping malls, transportation hubs, and industrial complexes. These projects require vast amounts of construction materials, including gypsum board, to meet the demand for modern and efficient interior spaces. Gypsum board's fire resistance and sound insulation properties make it particularly appealing for such large-scale projects, as it enhances safety and comfort for occupants. The region's construction boom is also influenced by government initiatives to improve infrastructure and housing. Many countries in the Asia-Pacific region have launched ambitious programs to upgrade existing infrastructure, build new transportation networks, and provide affordable housing for their citizens. These initiatives further drive the demand for gypsum board, as it is a versatile and cost-effective material that can be used in a variety of construction applications. Another contributing factor to the region's leading position in the gypsum board industry is the increasing adoption of green building practices.

Key Development

• Feb-2024: Saint-Gobain Group has completed the acquisition of International Cellulose Corporation, a manufacturer of commercial specialty insulation products. Through this acquisition, International Cellulose Corporation will strengthen the position of Saint-Gobain in light and sustainable construction with its fireproofing and insulation solutions. Additionally, it will enhance energy conservation and efficiency in commercial spaces. • Dec-2023: Saint-Gobain Group has unveiled a range of products, including gypsum walboards. The product lineup consists of 'Habito Standard,' a gypsum wallboard engineered for heavy loading purposes; 'Rigiroc,' a versatile moisture-resistant board; and 'Glasroc X,' a wallboard ideal for exterior applications. • Nov-2023: United Mining Industries Limited (UMI) has signed a contract agreement with Gypsum Technologies Inc. (Gyptech), a company involved in the design and construction of wallboard equipment and services. Through this agreement, UMI will supply an additional production line to increase the capacity of the gypsum board factory in Yanbu. • Oct-2023: Etex NV, a building material manufacturer, has signed an agreement with BGC, an Australian construction company. Under this agreement, Etex will acquire the plasterboard and fiber cement businesses of BGC Australia. Additionally, it will allow Etex to expand its footprints in Australia, with significant growth opportunities.

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Companies Mentioned

  • Milliken & Company
  • Armstrong Flooring, Inc.
  • Compagnie de Saint-Gobain S.A.
  • Ahlstrom-Munksjo Oyj
  • Owens Corning
  • Everest Industries Ltd.
  • Knauf Group
  • Eagle Materials Inc
  • Gypsemna Company LLC
  • Etex NV
  • Fletcher Building
  • KCC Corporation
  • Gypsum Management & Supply
  • Yoshino Gypsum Co., Ltd
  • National Gypsum Company
  • James Hardie Industries plc
  • Ahmed Yousef & Hassan Abdulla Co.
Company mentioned

Table of Contents

  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.3.1. XXXX
  • 2.3.2. XXXX
  • 2.3.3. XXXX
  • 2.3.4. XXXX
  • 2.3.5. XXXX
  • 2.4. Covid-19 Effect
  • 2.5. Supply chain Analysis
  • 2.6. Policy & Regulatory Framework
  • 2.7. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Gypsum Board Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Product
  • 6.5. Market Size and Forecast, By Application
  • 7. North America Gypsum Board Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Product
  • 7.4. Market Size and Forecast, By Application
  • 7.5. United States Gypsum Board Market Outlook
  • 7.5.1. Market Size By Value
  • 7.5.2. Market Size and Forecast By Product
  • 7.5.3. Market Size and Forecast By Application
  • 7.6. Canada Gypsum Board Market Outlook
  • 7.6.1. Market Size By Value
  • 7.6.2. Market Size and Forecast By Product
  • 7.6.3. Market Size and Forecast By Application
  • 7.7. Mexico Gypsum Board Market Outlook
  • 7.7.1. Market Size By Value
  • 7.7.2. Market Size and Forecast By Product
  • 7.7.3. Market Size and Forecast By Application
  • 8. Europe Gypsum Board Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast, By Product
  • 8.4. Market Size and Forecast, By Application
  • 8.5. Germany Gypsum Board Market Outlook
  • 8.5.1. Market Size By Value
  • 8.5.2. Market Size and Forecast By Product
  • 8.5.3. Market Size and Forecast By Application
  • 8.6. United Kingdom Gypsum Board Market Outlook
  • 8.6.1. Market Size By Value
  • 8.6.2. Market Size and Forecast By Product
  • 8.6.3. Market Size and Forecast By Application
  • 8.7. France Gypsum Board Market Outlook
  • 8.7.1. Market Size By Value
  • 8.7.2. Market Size and Forecast By Product
  • 8.7.3. Market Size and Forecast By Application
  • 8.8. Italy Gypsum Board Market Outlook
  • 8.8.1. Market Size By Value
  • 8.8.2. Market Size and Forecast By Product
  • 8.8.3. Market Size and Forecast By Application
  • 8.9. Spain Gypsum Board Market Outlook
  • 8.9.1. Market Size By Value
  • 8.9.2. Market Size and Forecast By Product
  • 8.9.3. Market Size and Forecast By Application
  • 8.10. Russia Gypsum Board Market Outlook
  • 8.10.1. Market Size By Value
  • 8.10.2. Market Size and Forecast By Product
  • 8.10.3. Market Size and Forecast By Application
  • 9. Asia-Pacific Gypsum Board Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast, By Product
  • 9.4. Market Size and Forecast, By Application
  • 9.5. China Gypsum Board Market Outlook
  • 9.5.1. Market Size By Value
  • 9.5.2. Market Size and Forecast By Product
  • 9.5.3. Market Size and Forecast By Application
  • 9.6. Japan Gypsum Board Market Outlook
  • 9.6.1. Market Size By Value
  • 9.6.2. Market Size and Forecast By Product
  • 9.6.3. Market Size and Forecast By Application
  • 9.7. India Gypsum Board Market Outlook
  • 9.7.1. Market Size By Value
  • 9.7.2. Market Size and Forecast By Product
  • 9.7.3. Market Size and Forecast By Application
  • 9.8. Australia Gypsum Board Market Outlook
  • 9.8.1. Market Size By Value
  • 9.8.2. Market Size and Forecast By Product
  • 9.8.3. Market Size and Forecast By Application
  • 9.9. South Korea Gypsum Board Market Outlook
  • 9.9.1. Market Size By Value
  • 9.9.2. Market Size and Forecast By Product
  • 9.9.3. Market Size and Forecast By Application
  • 10. South America Gypsum Board Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast, By Product
  • 10.4. Market Size and Forecast, By Application
  • 10.5. Brazil Gypsum Board Market Outlook
  • 10.5.1. Market Size By Value
  • 10.5.2. Market Size and Forecast By Product
  • 10.5.3. Market Size and Forecast By Application
  • 10.6. Argentina Gypsum Board Market Outlook
  • 10.6.1. Market Size By Value
  • 10.6.2. Market Size and Forecast By Product
  • 10.6.3. Market Size and Forecast By Application
  • 10.7. Columbia Gypsum Board Market Outlook
  • 10.7.1. Market Size By Value
  • 10.7.2. Market Size and Forecast By Product
  • 10.7.3. Market Size and Forecast By Application
  • 11. Middle East & Africa Gypsum Board Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast, By Product
  • 11.4. Market Size and Forecast, By Application
  • 11.5. UAE Gypsum Board Market Outlook
  • 11.5.1. Market Size By Value
  • 11.5.2. Market Size and Forecast By Product
  • 11.5.3. Market Size and Forecast By Application
  • 11.6. Saudi Arabia Gypsum Board Market Outlook
  • 11.6.1. Market Size By Value
  • 11.6.2. Market Size and Forecast By Product
  • 11.6.3. Market Size and Forecast By Application
  • 11.7. South Africa Gypsum Board Market Outlook
  • 11.7.1. Market Size By Value
  • 11.7.2. Market Size and Forecast By Product
  • 11.7.3. Market Size and Forecast By Application
  • 12. Competitive Landscape
  • 12.1. Competitive Dashboard
  • 12.2. Business Strategies Adopted by Key Players
  • 12.3. Key Players Market Share Insights and Analysis, 2022
  • 12.4. Key Players Market Positioning Matrix
  • 12.5. Porter's Five Forces
  • 12.6. Company Profile
  • 12.6.1. Knauf Group
  • 12.6.1.1. Company Snapshot
  • 12.6.1.2. Company Overview
  • 12.6.1.3. Financial Highlights
  • 12.6.1.4. Geographic Insights
  • 12.6.1.5. Business Segment & Performance
  • 12.6.1.6. Product Portfolio
  • 12.6.1.7. Key Executives
  • 12.6.1.8. Strategic Moves & Developments
  • 12.6.2. Compagnie de Saint-Gobain S.A.
  • 12.6.3. Everest Industries Ltd
  • 12.6.4. Eagle Materials Inc
  • 12.6.5. Armstrong World Industries, Inc`
  • 12.6.6. Gypsemna Company LLC
  • 12.6.7. Etex NV
  • 12.6.8. Fletcher Building
  • 12.6.9. KCC Corporation
  • 12.6.10. Gypsum Management & Supply
  • 12.6.11. Georgia-Pacific LLC
  • 12.6.12. Milliken & Company
  • 12.6.13. Yoshino Gypsum Co., Ltd
  • 12.6.14. National Gypsum Company
  • 12.6.15. Owens Corning
  • 12.6.16. James Hardie Industries plc i
  • 12.6.17. Georgia-Pacific LLC
  • 12.6.18. Ahlstrom Oyj
  • 12.6.19. Ahmed Yousef & Hassan Abdulla Co.
  • 13. Strategic Recommendations
  • 14. Annexure
  • 14.1. FAQ`s
  • 14.2. Notes
  • 14.3. Related Reports
  • 15. Disclaimer

Table 1: Global Gypsum Board Market Snapshot, By Segmentation (2023 & 2029) (in USD Billion)
Table 2: Influencing Factors for Gypsum Board Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Gypsum Board Market Size and Forecast, By Geography (2018 to 2029F) (In USD Billion)
Table 7: Global Gypsum Board Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 8: Global Gypsum Board Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 9: North America Gypsum Board Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 10: North America Gypsum Board Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 11: United States Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 12: United States Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 13: Canada Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 14: Canada Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 15: Mexico Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 16: Mexico Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 17: Europe Gypsum Board Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 18: Europe Gypsum Board Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 19: Germany Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 20: Germany Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 21: United Kingdom Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 22: United Kingdom Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 23: France Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 24: France Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 25: Italy Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 26: Italy Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 27: Spain Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 28: Spain Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 29: Russia Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 30: Russia Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 31: Asia-Pacific Gypsum Board Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 32: Asia-Pacific Gypsum Board Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 33: China Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 34: China Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 35: Japan Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 36: Japan Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 37: India Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 38: India Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 39: Australia Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 40: Australia Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 41: South Korea Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 42: South Korea Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 43: South America Gypsum Board Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 44: South America Gypsum Board Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 45: Brazil Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 46: Brazil Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 47: Argentina Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 48: Argentina Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 49: Colombia Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 50: Colombia Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 51: Middle East & Africa Gypsum Board Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 52: Middle East & Africa Gypsum Board Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 53: United Arab Emirates Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 54: United Arab Emirates Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 55: Saudi Arabia Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 56: Saudi Arabia Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 57: South Africa Gypsum Board Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 58: South Africa Gypsum Board Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)

Figure 1: Global Gypsum Board Market Size (USD Billion) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Gypsum Board Market Share By Region (2023)
Figure 6: North America Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: North America Gypsum Board Market Share By Country (2023)
Figure 8: US Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Canada Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: Mexico Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Europe Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: Europe Gypsum Board Market Share By Country (2023)
Figure 13: Germany Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 14: UK Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 15: France Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 16: Italy Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 17: Spain Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 18: Russia Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 19: Asia-Pacific Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 20: Asia-Pacific Gypsum Board Market Share By Country (2023)
Figure 21: China Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 22: Japan Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 23: India Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 24: Australia Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 25: South Korea Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 26: South America Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 27: South America Gypsum Board Market Share By Country (2023)
Figure 28: Brazil Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 29: Argentina Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 30: Columbia Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 31: Middle East & Africa Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 32: Middle East & Africa Gypsum Board Market Share By Country (2023)
Figure 33: UAE Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 34: Saudi Arabia Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 35: South Africa Gypsum Board Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 36: Competitive Dashboard of top 5 players, 2023
Figure 37: Market Share insights of key players, 2023
Figure 38: Porter's Five Forces of Global Gypsum Board Market

Gypsum Board Market Market Research FAQs

Gypsum board, also known as drywall, plasterboard, or wallboard, is a construction material composed of a core made from gypsum, a soft sulfate mineral, sandwiched between two layers of paper or other facing materials. It is widely used in interior construction for creating walls and ceilings.

The key drivers of the gypsum board market include rapid urbanization, population growth, increasing construction activities across residential, commercial, and industrial sectors, the affordability and versatility of gypsum board, and government initiatives to improve infrastructure and housing.

Gypsum board is primarily used for interior walls and ceilings in residential, commercial, and institutional buildings. It is also used for creating decorative elements such as arches, columns, and coffered ceilings. Specialized types of gypsum board are available for moisture-resistant, fire-resistant, and soundproofing applications.

Gypsum board is manufactured by grinding gypsum rock into a fine powder, which is then mixed with water to form a slurry. The slurry is poured onto a continuous sheet of paper and sandwiched between another layer of paper. The resulting gypsum board is then cut to size, dried, and packaged for distribution.

While gypsum board is recyclable and offers fire-resistant properties, its production and disposal can have environmental impacts, including energy consumption, water usage, and potential landfill issues. However, efforts are being made to improve the sustainability of gypsum board production through recycling programs and the use of recycled materials.

The Asia-Pacific region is a significant leader in the global gypsum board market, driven by rapid urbanization, population growth, and increasing construction activities. Other key regions include North America, Europe, and the Middle East & Africa, where demand for gypsum board is also high due to construction and infrastructure development.

Emerging trends in the gypsum board market include the development of innovative products such as moisture-resistant and impact-resistant boards, advancements in manufacturing technology to improve efficiency and sustainability, and the increasing adoption of green building practices.

Fluctuations in raw material prices, particularly gypsum, can affect the cost of gypsum board production and, consequently, market prices. Factors such as mining regulations, transportation costs, and supply chain disruptions can influence gypsum supply and pricing, impacting the profitability of manufacturers and the affordability of gypsum board for consumers.
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Global Gypsum Board Market Outlook, 2029

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